Chemplast Sanmar

Chemplast Sanmar Limited is an Indian chemical company based in Chennai, Tamil Nadu.[1]

Chemplast Sanmar Limited
TypePublic
BSE: 543336 NSE: CHEMPLASTS
ISININE488A01050
IndustryChemicals
Founded1967 (1967)
HeadquartersChennai, Tamil Nadu,
India
Websitechemplastsanmar.com

Background

1962 saw the incorporation of the company for manufacture of PVC resins/ compounds and fabrication of PVC products. In 1967 PVC Plant at Mettur was commissioned with a capacity of 6,000 TPA, in collaboration with BF Goodrich. PVC pipes production also commences. It was among the pioneers to bring PVC pipes to India.

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.[2][3]

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. It is a major manufacturer of PVC resins, chlorochemicals and piping systems. The Cuddalore PVC project commissioned in September 2009 is the largest such project to come up in Tamil Nadu. Its aggregate capacity of 235,000 tons makes it one of the largest PVC players in India.[4]

Chemplast Sanmar Limited won two awards, at the 7th National Award for Excellence in Water Management organized by the CII in Hyderabad in December 2010. The flagship company of The Sanmar Group won the "Innovative Case Study" and "Excellent Water Efficient Unit" awards for the successful case study of zero liquid discharge at Mettur.[5]

Chemplast Sanmar, a pioneer in Zero Liquid Discharge has implemented this process successfully in all its manufacturing plants. Chemplast has not discharged a single drop of treated effluent since September 2009 in Mettur while in Cuddalore and Karaikkal there has been no discharge since inception.[6]

In 1985 came the acquisition of controlling stake and takeover of management of Mettur Chemical & Industrial Corporation (MCIC) Ltd with capacities of Caustic Soda 48000 TPA and Chloromethane 11000 TPA.

On 10th August 2021, Chemplast Sanmar opened its Initial public offering at a price band of ₹530-541 per share.[7][8]

Sports

The Sanmar Group has helped support domestic cricket for over 50 years. Chemplast Sanmar supports Jolly Rovers and the Alwarpet Cricket Club in the Tamil Nadu Cricket Academy (TNCA) 1st Division.[9]

References
  1. "Matrix Metals Sanmar".
  2. "The Sanmar Group". Archived from the original on 7 August 2008. Retrieved 2008-08-04.
  3. "Meet the man behind a Rs 4,500-crore empire". Rediff.
  4. Narasimhan, T. E. (21 September 2009). "Chemplast sets up PVC plant at Cuddalore" – via Business Standard.
  6. "Chemplast wins two awards". 13 December 2010 – via www.thehindu.com.
  7. "Chemplast Sanmar IPO To Open Tomorrow. Here Is All You Need To Know". NDTV.com. Retrieved 9 August 2021.
  8. Nahar, Pawan. "Chemplast Sanmar IPO opens on Tuesday: Key things to know before applying". The Economic Times. Retrieved 9 August 2021.
  9. Frederick, Prince (6 October 2009). "Pitching for cricket" – via www.thehindu.com.
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