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Chemplast Sanmar

Indian chemical company

Field	Value
name	Chemplast Sanmar Limited
logo	Chemplast Sanmar.jpg
type	Public
traded_as
ISIN	INE488A01050
industry	Chemicals
founded
hq_location	Chennai, Tamil Nadu
hq_location_country	India
revenue	(FY22)
profit	(FY22)
website

Chemplast Sanmar Limited is an Indian chemical company. It is a major manufacturer of PVC resins, chlorochemicals and piping systems.

History

The company was formed in 1962 to manufacture PVC resins/compounds and fabricate PVC products. In 1967 a PVC Plant at Mettur was commissioned with a capacity of 6,000 TPA, in collaboration with BF Goodrich. PVC pipes production commenced. It was among the pioneers to bring PVC pipes to India.

In 1985 the company acquired a controlling stake of Mettur Chemical & Industrial Corporation (MCIC) Ltd.

The Cuddalore PVC project was commissioned in September 2009.

In August 2021, Chemplast Sanmar opened its initial public offering at a price band of 530-541 per share.

Organization

Chemplast Sanmar Limited is part of Sanmar Group which has businesses in Chemicals, Shipping, Engineering and Metals. It has a turnover of over 65 billion and a presence in some 25 businesses, with manufacturing units spread over numerous locations in India.

Chemplast Sanmar's manufacturing facilities are located at Mettur, Panruti, Cuddalore and Ponneri in Tamil Nadu, Shinoli in Maharashtra, and Karaikal in the Union Territory of Puducherry.

Cuddalore PCV is the largest such project in Tamil Nadu. Its aggregate capacity of 235,000 tons makes it one of India's largest PVC players.

Mettur Chemical & Industrial Corporation (MCIC) Ltd makes caustic soda 48000 TPA and chloromethane 11000 TPA.

Zero liquid discharge

Chemplast Sanmar implemented zero liquid discharge in all its manufacturing plants. Chemplast has not discharged treated effluent since September 2009 in Mettur while Cuddalore and Karaikkal have never discharged treated effluent.

Recognition

"Innovative Case Study" at the 7th National Award for Excellence in Water Management (2010)
"Excellent Water Efficient Unit" 7th National Award for Excellence in Water Management (2010) for the successful case study of zero liquid discharge at Mettur.

Sports

The Sanmar Group has supported cricket for over 50 years. Chemplast Sanmar supports Jolly Rovers and the Alwarpet Cricket Club in the Tamil Nadu Cricket Academy (TNCA) 1st Division.

References

"Chemplast Sanmar posts 36.4% net profit decrease for Q4 FY22". MRC.
(12 October 2018). "Stainless Steel Foundry | Steel Casting Foundry | Matrix Metals Foundry India USA Mexico |".
"Chemplast Sanmar IPO To Open Tomorrow. Here Is All You Need To Know".
Nahar, Pawan. "Chemplast Sanmar IPO opens on Tuesday: Key things to know before applying". The Economic Times.
"The Sanmar Group".
"Meet the man behind a Rs 4,500-crore empire".
Narasimhan, T. E.. (21 September 2009). "Chemplast sets up PVC plant at Cuddalore". Business Standard India.
(13 December 2010). "Chemplast wins two awards". The Hindu.
(2010-12-13). "Chemplast wins two awards". The Hindu.
Frederick, Prince. (6 October 2009). "Pitching for cricket". The Hindu.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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