Business Update17 Oct 2024, 11:09 pm
DCW LTD. Announces Rs 140 Crore Investment to Expand CPVC Production Capacity
AI Summary
DCW LTD., a leading specialty chemical company in India, has announced a significant investment of Rs 140 Crores to expand its CPVC (Chlorinated Polyvinyl Chloride) production capacity from 20,000 metric tonnes to 50,000 metric tonnes. The expansion involves increasing capacity by 30,000 MT through a combination of new installations, de-bottlenecking existing facilities, and process optimization. The capacity increase will be rolled out in phases, with 20,000 MT expected to be operational in the second half of Q2 FY26 and an additional 10,000 MT by the end of FY26. This expansion aligns with the rising demand for CPVC and supports the country’s growing infrastructure needs.
Key Highlights
- DCW LTD. to expand CPVC production capacity from 20,000 MT to 50,000 MT with an investment of Rs 140 Crores.
- The capacity increase will be rolled out in phases, with 20,000 MT expected to be operational in the second half of Q2 FY26 and an additional 10,000 MT by the end of FY26.
- The expansion involves increasing capacity by 30,000 MT through a combination of new installations, de-bottlenecking existing facilities, and process optimization.
- DCW Limited plans to fund approximately 30% of the project through internal accruals and balance through debt.
- This expansion aligns with the rising demand for CPVC and supports the country’s growing infrastructure needs.