April 04, 2024 [Indian Chemical News]- Epigral Limited, formerly known as Meghmani Finechem Ltd, and a leading integrated player in the chemical industry, announces the successful commissioning of an additional 45,000 TPA (Tonnes Per Annum) capacity of CPVC (Chlorinated Polyvinyl Chloride) resin plant at its Dahej facility in Gujarat starting today.
With this expansion, Epigral’s total CPVC resin capacity reaches a remarkable 75,000 TPA, positioning it as the largest CPVC resin facility in the world at a single location.
This milestone signifies Epigral’s commitment to meeting the growing demand for CPVC resins in India and globally. The new capacity addition will thus help in reducing India’s reliance on imports of CPVC and further strengthen the country’s foreign exchange reserves.
In addition to the CPVC resin capacity expansion, Epigral is also venturing into CPVC compound production, with a projected capacity of 35,000 TPA. The project is under progress and is expected to be commissioned in the first quarter of the financial year 2025.
CPVC resin and compound are integral components in the manufacturing of CPVC pipes and fittings, renowned for their high heat and chemical resistance properties, thus making them suitable for both domestic and industrial applications. India’s CPVC demand is approximately 250,000 tonnes per annum (TPA) and is still developing, with an annual growth expected to range between 10% and 13%. Epigral’s strategic expansion into this sector demonstrates the company’s pledge to innovation and sustainability.
Commenting on the development, Maulik Patel, CMD, Epigral, said: “I am thrilled to announce the successful commissioning of our 45,000 TPA CPVC Resin plant, which increases our total capacity to 75,000 TPA thus establishing it as the world’s largest single-location CPVC resin facility. I extend my heartfelt gratitude to our project team for their exceptional dedication in meeting the project timelines and staying within the estimated capex limit.”
Patel further elaborated, “With the commissioning of the CPVC resin plant, we are advancing towards our goal of becoming a multi- product company, geared up to enhance revenue contribution from the Derivatives & Specialty Chemical segment. Additionally, this milestone highlights the strength of our fully integrated complex, as part of the raw material, Chlorine, for CPVC resin will be available within the plant itself.”
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