- Business
- Chemplast Sanmar Limited Chemplast Sanmar Limited (CHEMPLASTS.NS), the flagship company of the Sanmar Group and a leading manufacturer of specialty chemicals in India, produces a diverse portfolio of products including Specialty Paste PVC resins for applications in flooring, wall coverings, artificial leather, cables, wall putty, and medical tubing; custom manufactured chemicals encompassing starting materials, advanced intermediates, and active ingredients for agrochemical and pharmaceutical innovators using processes such as cyanation, hydrogenation, and liquid purification; chlorochemicals derived from integrated chlorine-based production; caustic soda; hydrogen peroxide via auto-oxidation processes; refrigerant gases; and industrial salt. Founded in 1962 with operations commencing in 1967 at its initial PVC plant in Mettur, Tamil Nadu, the company maintains its registered and corporate headquarters at 9 Cathedral Road, Chennai, Tamil Nadu, and operates manufacturing facilities across multiple sites in Tamil Nadu including Mettur, Berigai, Panruti, Cuddalore, Vedaranyam, and Ponneri, as well as Karaikal in Puducherry and Shinoli in Maharashtra. Chemplast Sanmar serves industries such as construction, infrastructure, automotive, plumbing, electrical, consumer goods, aerospace, agriculture, and pharmaceuticals, with products exported to over 30 countries and a focus on eco-friendly practices including zero liquid discharge across all plants. Recent developments include the commissioning of Phase II of its multi-purpose production block at the Custom Manufactured Chemicals Division in late 2024 to support commercial production; a five-year letter of intent signed in May 2024 with a global agrochemical innovator for manufacturing an advanced intermediate for a new active ingredient pipeline, with supplies commencing in 2025 and marking the fourth such agreement since expansion began; and in March 2025, agreements to acquire an 18.46% stake in JSW Green Energy Nine Ltd for INR 21.38 crore alongside its subsidiary Chemplast Cuddalore Vinyls Ltd acquiring 7.81% for INR 9.05 crore under a Power Purchase Agreement for captive renewable wind and solar power to reduce carbon emissions and energy costs.