Announced Tue, 16 Jun · 11:04 IST
Inauguration of Phase 1 CPVC Resin Plant at Vilayat, Gujarat (50,000 MT capacity)
GRASIM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹3167.90
prior close
₹3163.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.2-0.2-0.2-0.8-0.3+0.3-1.3-1.2-0.6-3.2——
Up moveDown movePending
AI summary
Grasim Industries, in collaboration with Lubrizol Advanced Materials India, inaugurated Phase 1 of its CPVC Resin manufacturing plant at Vilayat, Gujarat. Phase 1 has a planned capacity of approximately 50,000 metric tonnes per annum. This is part of a larger 100,000 MT single-site facility, billed as the world's largest single-site CPVC resin plant. Commercial production commencement will be communicated separately.
Likely market impact
Expands Grasim's specialty chemicals footprint; positive for long-term revenue diversification beyond core fibres and cement businesses.