Polyvinyl Chloride Lubrizol Breaks Ground for the Construction of New Plant
The Lubrizol Corporation has announced the groundbreaking for a new TempRite chlorinated polyvinyl chloride (CPVC) compounding plant in Dahej. Construction of this plant is an integral component of the company's previously announced US $ 400 million global expansion of its resin and compounding manufacturing capacity.
Dahej/India - Further solidifying Lubrizol's commitment to the Indian market, investment in this new plant marks Lubrizol as the first major global producer of CPVC to establish operations in India. The estimated investment in the new plant is more than $50 million U.S., and it will have the capacity to produce approximately 55,000 metric tons of compounds annually.
The plant will be strategically located in the Gujarat Industrial Development Corporation (GIDC), which is one of the largest chemical parks in the country. Many of the raw materials required for Lubrizol's specialty chemical product portfolio are produced in GIDC. The plant is located near excellent infrastructure and is well-positioned geographically to serve the growing Indian market as well as support the emerging growth of the TempRite CPVC business in South Asia, the Middle East and East Africa.