Announced Tue, 11 Aug · 15:50 IST
Grasim starts CPVC resin production at Vilayat plant with 50,000 MT capacity
GRASIM · price
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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹3310.00
prior close
₹3325.10
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AI summary
Grasim Industries has commenced commercial production at its CPVC Resin Plant in Vilayat, Gujarat, set up in collaboration with Lubrizol Advanced Materials India. The plant has a planned capacity of about 50,000 metric tonnes per year. The plant was inaugurated in June 2026 and is now fully operational. This supports Grasim's strategy to grow its downstream chlor-alkali derivatives portfolio and boost domestic manufacturing under the Make in India initiative.
Likely market impact
Adds a new revenue stream in CPVC resin, strengthens Grasim's downstream chemicals portfolio, and reduces import dependence in India.