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Chlorinated Polyvinyl Chloride

CPVC is a high-temperature plastic pressure piping system introduced for potable plumbing in 1959. It has also been used extensively in fire sprinkler systems since 1985. This material is also used for many industrial and process piping applications. CPVC pipe is available in nominal sizes from 1/2" to 24" and is approved in all model plumbing and mechanical codes across the United States and Canada. In addition, CPVC pipe and fittings from select manufacturers are listed for light hazard fire sprinkler systems, as defined in NFPA 13, 13R and 13D standards. The demand for PVC in India witnessed an impressive CAGR in the historic years and is projected to achieve a healthy CAGR of over 6.81% during 2015-2030. The total capacity of PVC in India is around 1640 KTA with Reliance Industries holding maximum share in its production in comparison to the other four leading players. The domestic production of PVC is unable to consolidate the massive demand for the product hence; around 50 per cent of the demand in India is being met through imports. However, chlorinated polyvinyl chloride products turns brittle after some time due to continuous exposure to hydrocarbon chemicals or losing the molecular bond in CPVC materials. It may create hassles for the product manufacturer. Additionally, there is problem of high maintenance of material in leak damage situations, which tends to affect product demand. This could play a setback for product demand over the forecast timeframe. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Chemplast Sanmar Ltd. Finolex Industries Ltd Gajjraj Agency Pvt. Ltd. Lubrizol Advanced Materials India Pvt. Ltd. Lubrizol India Pvt. Ltd. Sushila Parmar International Pvt. Ltd.
Plant capacity: Chlorinated Polyvinyl Chloride: 80 MT/ DayPlant & machinery: Rs 588 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2283 lakhs
Return: 28.00%Break even: 49.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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