Chemplast Sanmar
{{short description|Indian chemical company}}
{{More citations needed|date=June 2021}}
{{Use Indian English|date=February 2014}}
{{Use dmy dates|date=January 2025}}
{{Infobox company
| name = Chemplast Sanmar Limited
| logo = Chemplast Sanmar.jpg
| type = Public
| traded_as = {{BSE|543336}} {{NSE|CHEMPLASTS}}
| ISIN = INE488A01050
| industry = Chemicals
| founded = {{start date and age|1967}}
| hq_location = Chennai, Tamil Nadu
| hq_location_country = India
| revenue = {{up}} {{INRconvert|59.49|b}} (FY22)
| profit = {{up}} {{INRconvert|6.48|b}} (FY22){{cite news |title=Chemplast Sanmar posts 36.4% net profit decrease for Q4 FY22 |url=https://www.mrchub.com/news/401957-chemplast-sanmar-posts-36.4-percent-net-profit-decrease-for-q4-fy22 |access-date=6 July 2023 |work=MRC |language=en}}
| website = {{URL |chemplastsanmar.com}}
}}
Chemplast Sanmar Limited is an Indian chemical company.{{Cite web|url=http://matrixmetalsglobal.com/about-us/|title=Stainless Steel Foundry | Steel Casting Foundry | Matrix Metals Foundry India USA Mexico ||date=12 October 2018}} It is a major manufacturer of PVC resins, chlorochemicals and piping systems.
History
The company was formed in 1962 to manufacture PVC resins/compounds and fabricate PVC products. In 1967 a PVC Plant at Mettur was commissioned with a capacity of 6,000 TPA, in collaboration with BF Goodrich. PVC pipes production commenced. It was among the pioneers to bring PVC pipes to India.{{citation needed|date=June 2021}}
In 1985 the company acquired a controlling stake of Mettur Chemical & Industrial Corporation (MCIC) Ltd.{{citation needed|date=June 2021}}
The Cuddalore PVC project was commissioned in September 2009.
In August 2021, Chemplast Sanmar opened its initial public offering at a price band of {{INR}} 530-541 per share.{{Cite web|title=Chemplast Sanmar IPO To Open Tomorrow. Here Is All You Need To Know|url=https://www.ndtv.com/business/chemplast-sanmar-ipo-news-chemplast-sanmar-ipo-to-open-tomorrow-price-band-ipo-dates-lot-size-other-details-here-2506152|access-date=2021-08-09|website=NDTV.com}}{{Cite news|last=Nahar|first=Pawan|title=Chemplast Sanmar IPO opens on Tuesday: Key things to know before applying|work=The Economic Times|url=https://economictimes.indiatimes.com/markets/ipos/fpos/chemplast-sanmar-ipo-opens-on-tuesday-key-things-to-know-before-applying/articleshow/85175025.cms|access-date=2021-08-09}}
Organization
Chemplast Sanmar Limited is part of Sanmar Group which has businesses in Chemicals, Shipping, Engineering and Metals. It has a turnover of over {{INR}} 65 billion and a presence in some 25 businesses, with manufacturing units spread over numerous locations in India.{{cite web |url=http://www.sanmargroup.com/Misc-files/grouprof.htm |title=The Sanmar Group |accessdate=2008-08-04 |url-status=dead |archiveurl=https://web.archive.org/web/20080807021319/http://www.sanmargroup.com/Misc-files/grouprof.htm |archivedate=7 August 2008 }}{{Cite web|url=https://www.rediff.com/business/slide-show/slide-show-1-interview-meet-the-man-behind-a-rs-4500-crore-empire/20101216.htm|title=Meet the man behind a Rs 4,500-crore empire|website=Rediff}}
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.
Cuddalore PCV is the largest such project in Tamil Nadu. Its aggregate capacity of 235,000 tons makes it one of India's largest PVC players.{{Cite news|url=https://www.business-standard.com/article/companies/chemplast-sets-up-pvc-plant-at-cuddalore-109092100084_1.html|title=Chemplast sets up PVC plant at Cuddalore|first=T. E.|last=Narasimhan|newspaper=Business Standard India |date=21 September 2009|via=Business Standard}}
Mettur Chemical & Industrial Corporation (MCIC) Ltd makes caustic soda 48000 TPA and chloromethane 11000 TPA.
=Zero liquid discharge=
Chemplast Sanmar implemented zero liquid discharge in all its manufacturing plants. Chemplast has not discharged treated effluent since September 2009 in Mettur while Cuddalore and Karaikkal have never discharged treated effluent.{{Cite news|url=https://www.thehindu.com/business/Chemplast-wins-two-awards/article15591891.ece|title=Chemplast wins two awards|newspaper=The Hindu |date=13 December 2010}}
Recognition
- "Innovative Case Study" at the 7th National Award for Excellence in Water Management (2010)
- "Excellent Water Efficient Unit" 7th National Award for Excellence in Water Management (2010) for the successful case study of zero liquid discharge at Mettur.{{Cite news |date=2010-12-13 |title=Chemplast wins two awards |url=https://www.thehindu.com/business/Chemplast-wins-two-awards/article15591891.ece |access-date=2025-07-02 |work=The Hindu |language=en-IN |issn=0971-751X}}
Sports
The Sanmar Group has supported cricket for over 50 years. Chemplast Sanmar supports Jolly Rovers and the Alwarpet Cricket Club in the Tamil Nadu Cricket Academy (TNCA) 1st Division.{{Cite news|url=https://www.thehindu.com/features/metroplus/society/Pitching-for-cricket/article12077965.ece|title=Pitching for cricket|first=Prince|last=Frederick|newspaper=The Hindu |date=6 October 2009}}
References
External links
- [https://www.chemplastsanmar.com/ Chemplast Sanmar website]
{{Coord|13|2|43.3|N|80|15|28.3|E|display=title}}
Category:Chemical companies of India
Category:Manufacturing companies based in Chennai
Category:Chemical companies established in 1962
Category:1962 establishments in Madras State
Category:Indian companies established in 1962
Category:Companies listed on the Bombay Stock Exchange
Category:Companies listed on the National Stock Exchange of India