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GROWTH PLANS global supply chains across auto, con- tions provider, and AM Green, a decar- tiple locations in India with a goal to
struction, consumer packaging and many bonisation solution provider. Greenko reach 5-mtpa of green ammonia capa-
Shivtek Spechemi to invest Rs. 650-cr on two new more segments”. has a near-term operational renewable city by 2030. AM Green is also develop-
energy capacity of 10-GW across solar, ing production capabilities for other net
speciality chemical units in Gujarat and Rajasthan AMG Metals & Materials is incor- wind and hydro and is building 100-GWh zero molecules and chemicals including
porated by Anil Chalamalasetty and of single cycle storage capacity across green caustic soda, e-methanol, olefi ns &
Shivtek Spechemi Industries Ltd., a tive oils, lubricant additives cal export capabilities,” it Mahesh Kolli, the founders of Greenko India. AM Green is developing low- biofuels for decarbonisation in hard to
Gurugram-based speciality chemicals and textile oils. Shivtek added. The new facilities Group, a leading energy transition solu- carbon ammonia projects across mul- abate industries.
manufacturer belonging to the Shiva Spechemi currently ope- will result in an over four-
Group of Industries, has announced rates three manufacturing times increase in manufac- VINYL INDIA 2025
plans to invest Rs. 650-crore to set up units in Kurnool (Andhra turing capacities to around
new manufacturing units in Gujarat and Pradesh), Rajpura (Punjab), 6,50,000-tpa. Strong growth foreseen for Indian PVC industry; imports
Rajasthan. and Dahej (Gujarat) with a total pro-
duction capacity of 1,50,000-tpa. Construction of the new plants is unlikely to slacken even as new domestic capacities set
The Gujarat facility will be located set to begin in 2026, with production
near the Hazira port, offering cost- “The expansion will boost the expected to commence between 2028 to come online
effective logistics and seamless con- organisation’s production capacity of and 2029. The new plants are expected The Indian polyvinyl chloride (PVC) year could a watershed
nectivity to both domestic and inter- caustic soda, chlorine, and high demand to span across 100 acres, the company industry is set to grow at a CAGR of year for the Indian PVC
national markets, while the Rajasthan derivatives such as chlorinated paraf- informed. Dr. Amitt Nenwani, Manag- over 7% in the next 5-7 years and sector with almost 2-mt
location has been chosen for its proxi- fi n and chlorinated polyethylene,” the ing Director, Shivtek Spechemi Indus- demand could cross 7-mt by 2030. “Robust of new capacity likely
mity to northern distribution hubs. company said in a press release. “These tries Ltd., said, “These new plants will growth in PVC and chlorinated-PVC to come online followed
facilities will also pioneer the produc- enable us to serve a broader market (CPVC) sectors is expected but with by additional 1.5-
As per information available on the tion of certain high-grade chlorinated with greater effi ciency, while setting government policy support,” said 2.2-mt by 2030, said
company’s website, the Shiva Group compounds for the fi rst time in India, new benchmarks for environmentally Mr. Vivek Jain, Managing Director of lead- Mr. Mishra.
of Industries manufactures plasticisers, contributing to import substitution responsible manufacturing in the ing chlor-alkali maker, DCW Ltd. He
paint additives, solvents, rust preven- and strengthening the nation’s chemi- industry.” was speaking at the 12th edition of ‘ The Joint Secretary
Vinyl India’ event held in Mumbai recently. also touched on the
COLLABORATION public perception pro-
Rio Tinto and AMG Metals & Materials mull low-carbon blem of PVC being an
unsafe polymer and
countries. Referring to the US-China tar- being included as a ‘substance of concern’
aluminium project in India iff war, Mr. Jain said a likely consequence in European regulations and US seeking
is increased dumping of Chinese material to regulate production of vinyl chloride
Global metals & mining giant, Rio The development solution with Greenko, into India. “PVC imports into India have monomer (VCM). “PVC is not recy-
Tinto, and AMG Metals & Materials will comprise a study while Rio Tinto will touched 3-mt,” he noted and added that clable easily given the presence of chlo-
(AMG M&M) – promoted by the two to evaluate a potential explore a commercial China now already accounts for over 40% rine. Even though it is a durable material,
founders of Hyderabad-based renew- fi rst phase 500,000-tpa alumina solution. The Mr. Vivek Jain of total PVC imports into India. “The vi- the industry should work on improving
able energy fi rms Greenko and AM primary aluminium study will also assess The event, billed as the “world’s largest nyls industry will thrive in 2030 but only
Green – have signed a Memorandum smelter in a favourable smelting technology PVC business summit & exhibition”, if the industry is greener and smarter,” he
of Understanding (MoU) to jointly location in India. options to determine was organised by ElitePlus++ Business noted.
assess the feasibility of developing the most cost-effective solution for Services (EPBS) and witnessed the parti-
an integrated low-carbon aluminium Rio Tinto Aluminium’s CEO the project. Group President of AMG cipation of over 1,200 delegates from 25 Mr. Deepak Mishra, Joint Secre-
project powered by renewable energy Mr. Jérôme Pécresse said, “With its Metals & Materials and Greenko tary (Petrochemicals), Department of
Chemicals & Petrochemicals, Ministry of
in India. rapid economic growth and strategic Mr. Mahesh Kolli commented, “Over Chemicals & Fertilizers, noted that cur-
position, India is a compelling location the last few years, we have been able rent Indian PVC demand of 4.4-mt is met
Together, the parties will consider for this potential project and aligns to deliver a multitude of decarbonisation by production of 1.5-mt and imports of
the potential development of up to a 1 with our long-term vision for a globally solutions comprising electricity, molecules, around 3-mt. Demand is set to grow and
million tonnes per annum (mtpa) pri- more diverse and resilient aluminium chemicals and fuels. We are excited reach 10-11-mt by 2040, he predicted.
mary aluminium smelter and 2-mtpa business”. to expand that further to the materials While imports have risen from 2.2-mt
of alumina production, both powered space. This MoU could deliver much just two years ago, domestic production
by renewable wind and solar energy As part of the study, AMG M&M needed low-carbon metal at scale to has remained stagnant for almost 12-15
fi rmed by pumped hydro storage. will examine a fi rmed renewable energy propel decarbonisation initiatives in Mr. Deepak Mishra years now, he remarked. However, next Mr. Ajit Singh

136 Chemical Weekly April 29, 2025 Chemical Weekly April 29, 2025 137

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