Chemplast Sanmar has lined up capacity expansion plan at its facilities in Tamil Nadu with an outlay of Rs 650 crore that would lead to increase the company's share in specialty chemicals business.
The company received the 'environmental clearance' for taking up the expansion work which would increase the current share in the specialty chemicals business to 67 per cent from the present 55 per cent by 2025.
Chemplast Sanmar (CSL) is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors.
