November 22, 2024

Lubrizol and Grasim Industries are building the world’s largest CPVC resin plant

Kolkata: Lubrizol, a global leader in specialty chemicals and Grasim Industries Limited, a flagship company of the Aditya Birla Group, today broke ground on the first phase of a 100,000 metric-ton CPVC resin plant in Vilayat, Gujarat, India. The facility located at the Grasim Industries’ site will be the largest single-site capacity for CPVC resin production globally, designed to meet rising CPVC demand for piping applications in India, as well as neighboring countries like Nepal, Bangladesh and Indonesia.

Lubrizol is enhancing its CPVC resin manufacturing technology in partnership with Grasim, a reliable manufacturer, to produce high-quality CPVC material in India. They are also doubling CPVC compound manufacturing capacity in Gujarat, making Lubrizol the largest producer in the region and they plan to establish an R&D center to address India’s evolving market needs. This expansion aims to meet the growing demand for CPVC, projected to increase by 10-12% annually in India.

Phase one of the resin site in Vilayat and Dahej plant expansion will be operational by early 2025, creating over 4,000 direct and indirect jobs. Lubrizol is also establishing a Global Capability Center in India, planning to hire 150 to 200 employees in the next year and aiming for further job additions in the coming years to support regional growth and collaboration among employees.

Scott Mold, General Manager, Lubrizol TempRite said, “Lubrizol is extremely proud of these milestones. They enable Lubrizol to be the largest integrated supplier of CPVC compound and services in India. Investing in India will ensure our ability to service and support the growing demand in India and the country’s increasing quality expectations when it comes to improving access to clean, safe drinking water for millions globally. India is a key market for building and expanding our global CPVC leadership position.”

Lubrizol introduced CPVC into the India market 25 years ago, which has represented a significant economic development opportunity for the region. Today, India is amongst the largest consumers of CPVC, primarily in the form of plumbing pipe and fittings, and growing needs for clean water in all residential and commercial buildings will drive continued growth.

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