Chemplast Sanmar plans to invest Rs 1,007 crore to add capacity across its factories in Tamil Nadu over the next four years. The specialty chemicals maker will invest Rs 1,007 crore at Cuddalore and Berigai in Krishnagiri district in the next four years. 

The plan is towards expanding capacities at the Custom Manufactured Chemicals Division (CMCD) in Berigai, as well as the Specialty Paste PVC resin manufacturing unit in Cuddalore. This is expected to create employment opportunities for close to 600 people.

The Sanmar Group’s flagship firm had recently signed a memorandum of understanding (MoU) with the state government outlining long-term investment plan, which would help the company to enhance its manufacturing capability and boost production volume. 

Recently the Phase-1 of the block at Berigai was inaugurated at an investment of Rs 300 crore. It commenced manufacturing of advanced intermediates for global agrochemical, pharmaceutical, and fine chemical innovators. 

The CMC division is engaged in the manufacture of advanced intermediates for global agrochemical, pharmaceutical, and fine chemical end-use. Additionally, CMC markets and sells unique chemistry and process capabilities.