Thirumalai Chemicals Limited has informed the Exchange about update from TCL Specialties LLC, USA (TCL USA), a wholly owned subsidiary of the Company regarding the progress of plant being built in USA.
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Thirumalai Chemicals' US subsidiary, TCL Specialties LLC, is building two integrated plants at a single site in West Virginia, USA. The plants will produce Maleic Anhydride (for plastics, automotive, and composites) and food-grade Malic Acid and Fumaric Acid, using n-Butane sourced from local shale gas. All plant and equipment have reached the site, with most already installed. The targeted completion and start-up date remains October–December 2025, with full production ramp-up expected in calendar year 2026. The company highlights favourable US market conditions driven by on-shoring trends and limited domestic supply, especially for food ingredients where the US imports most of its requirement. Marketing teams have already engaged with over 80% of potential US customers ahead of launch.
This is a positive long-term development, signalling a major capacity expansion into the US market that could meaningfully boost future revenues. Short-term impact is limited as revenue contribution will only begin from late FY26, and execution risks remain until the plant is commissioned.