Japan's Sekisui Chemical eyes India for growing CPVC compound business
It will use its newly built CPVC resin and compound manufacturing plants in Thailand to export to India and Middle East
BS B2B Bureau B2B Connect | Mumbai
Sekisui Chemical’s CPVC compound plant in Thailand
Sekisui Chemical will use at its recently constructed CPVC resin and compound plants at Map Ta Phut in Thailand to export CPVC compound in India. “In order to grow its CPVC compound business (sold under as the Durastream brand), Sekisui Chemical is planning to expand sales of mainly the raw materials for heat-resistant pipes in India and the Middle East, where construction demand is expanding,” said Sekisui Chemical in a press release.
In recent years, the switch from metal to CPVC in pipes used in buildings such as homes and factories, etc, in Asian countries such as India and in the Middle East has been progressing. In parallel, construction demand concomitant with economic growth is also booming. Consequently, demand for CPVC is growing every year, and solid expansion is also expected in the future.
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“Generally, tin and lead compounds are used as stabilising agents in the production of CPVC compounds. However, it is feared that tin and lead can negatively impact the environment and human health due to the way they are handled, and so Sekisui Chemical and Tokuyama Sekisui have been promoting the development of CPVC compounds that use stabilising agents with no tin or lead,” said Sekisui Chemical.
In future, production at the newly-built Thai compound plant will be aimed at expanding sales in India and the Middle East, added the company.
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First Published: Jul 15 2015 | 5:05 PM IST