Grasim Industries, a flagship company of the Aditya Birla Group, has entered into a definitive agreement with Lubrizol Advanced Materials to manufacture and supply chlorinated polyvinyl chloride (CPVC) resin in India with initial production expected in late 2022.
This is a special type of polymer material that is widely used in hot and cold water pipes. It will be manufactured at Chlor-alkali unit of Grasim located at Vilayat in Gujarat.
The construction of the near 1,00,000 tonne plant will take place in a phased manner. Once commissioned, this will be the single largest site capacity for CPVC resin production globally.
The collaboration will support the Make in India initiative and is expected to create local jobs and downstream opportunities. The alliance will help the company to better serve CPVC customers in India and South Asia.