TCI Sanmar
Sep 20, 2011 (AsiaPulse via COMTEX)
History
India's Sanmar Group to invest US$1.3bn for expansion in Egypt
Indian chemicals maker TCI Sanmar will
invest US$1.3 billion to produce 275,000tonnes of
caustic soda annually, and 400 thousand tonnes of
poly vinyl chloride (PVC) at its plant in Egypt, India's Ambassador to Egypt
says.
ソーダ能力で 2.75 lakhとの記載 275千トン
"The Indian company will implement an
integrated project to produce 2,75,000 tonnes of this solid (caustic soda)
annually and 400thousand tonnes of PVC in Port Said
Governorate at a total investment of US$1.3 billion," Indian Ambassador to Egypt
R Swaminathan said in a statement.
TCI Sanmar, the Chennai-based Sanmar
Group's Egyptian arm, is the biggest caustic soda producer in Egypt, he
added.
Swaminathan noted that Egypt, after the January 25 revolution, has emerged as an
investment destination and a safe haven for many investors and countries.
"Some Indian companies plan to expand their investment in Egypt in the chemicals
domain in the period to come," he said.
Sanmar Group had acquired Trust Chemical Industries LLC
(now TCI Sanmar Chemicals SAE) in South Port Said, Egypt, in March 2007.
The plant has production facilities for the manufacture of caustic soda,
chlorine and hydrogen.
The Sanmar Group is a leading manufacturer of PVC resins, caustic soda,
chlorochemicals, refrigerant gas, industrial salt and PVC piping systems.
ーーー
Chemplast Sanmar
over forty years old and the flagship company of The Sanmar Group—is a
major manufacturer of PVC resins, Caustic Soda, Chlorochemicals, Refrigerant
gas, Industrial Salt and PVC piping systems.
The manufacturing facilities are located at Mettur, Panruti, Cuddalore,
Vedaranyam and Ponneri in Tamil Nadu, Shinoli in Maharashtra, and Karaikal in
the Union Territory of Puducherry.
Greenfield Project At Cuddalore : The recent commissioning of a greenfield PVC
project at Cuddalore, Tamil Nadu, has been a major step forward for the Group.
The facility commissioned in September 2009 has an annual capacity of
170,000 tons, the largest chemical project to come up in the state of
Tamil Nadu for well over a decade. Chemplast Sanmar’s
aggregate capacity of 235,000 tons makes it one of the largest PVC
players in India.
At Chemplast, integration—forward and backward—is the key. The basic feedstock
for its PVC plant at Mettur, alcohol and chlorine, come from its industrial
alcohol plant at Panruti and its own chloralkali facilities at Mettur and
Karaikal.
The Chlorochemicals Division of Chemplast, itself the result of backward
integration by the Group, manufactures a wide range of products using a highly
integrated manufacturing process. These downstream products are either chlorine
derivatives or chlorine users in the production process.
The salt needed for chlorine manufacture is supplied by salt fields Chemplast
owns at Vedaranyam. The power-intensive electrolysis process of manufacturing
chlorine is served by Chemplast’s own power plant.
Chemplast Sanmar has re-entered the PVC pipes business it exited decades ago,
through the acquisition of Trubore Piping Systems at Ponneri, near Chennai.
After the addition of a greenfield pipes facility at Shinoli, Maharashtra, its
capacity rose to 56,000 tpa of a wide range of pipes that includes pressure
pipes, casing and screen pipes, SWR pipes, plumbing pipes and conduits. The
business is supported by a strong sales team and a well distributed dealership
network spread across numerous states.
All this makes Chemplast one of the most integrated chemical plants in the
country with a closed manufacturing loop. Its product range falls into six
distinct Groups — PVC Resins, Caustic Soda / Chlorine, Chlorinated Solvents,
Refrigerant Gases, Silicon Wafers and Trubore Piping Systems.
Chemplast has thus played a pioneering role in the field through its ingenious
choice of feedstock and manufacturing processes, and efficient, eco-friendly
practices. Its constant development of environment-friendly production processes
has reduced the consumption of valuable natural resources.
------------
The Sanmar Group acquired Trust Chemical Industries LLC (now
TCI Sanmar Chemicals S.A.E.), in South Port Said,
Egypt, in March 2007 (for $275 million), committing substantial resources to
expand its operations in the vinyl chain.
It provides the Group’s chemicals business a unique combination of scale,
vertical integration and global presence.
Situated at the mouth of the Suez Canal, TCI Sanmar fits neatly into the Group’s
chemicals business.
The modern plant has production facilities for the manufacture of
caustic soda, chlorine and hydrogen and uses
environment-friendly membrane cell technology in the production process.
The prospects for scale-up at TCI Sanmar are extremely positive with projects
planned for integrated production facilities to
manufacture PVC. The State of art plant's location – only three km from
the mouth of the Suez Canal at the tip of the Mediterranean Sea – is a
distinctive advantage as it facilitates easy passage of goods. The Group's
experience in integrated chemical operation will facilitate successful
commissioning and operation of PVC manufacturing facilities in Port Said, Egypt.
TCI Sanmar is the largest producer of Caustic Soda in Egypt. The 7% growth per
annum in the demand for PVC provides an excellent opportunity to cater to
Egypt's domestic market besides exporting PVC to the attractive neighbouring
markets.
With the combined capacities of the Indian and Egyptian facilities, the Sanmar
Group will be among the largest 10 producers of PVC in the world.
TCI's plant at Port Said
will produce 275,000 tonnes of caustic soda, and 235,000 tonnes of chlorine.
The chlorine will be used to produce 400,000 tonnes of Vinyl Chloride
Monomer, feedstock for PVC that Chemplast produces.
Half the production of VCM is to be
brought to Cuddalore, where Chemplast is putting up a Rs 520-crore,
200,000-tonne PVC plant. 170,000
tonsが正しい。
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2007/3/14
Trust Chemical Industries purchases PVC and VCM facilities
Trust Chemical Industries (TCI) signed an agreement with Solvin to purchase
the 180 KT/Year PVC and
160 KT/year VCM facilities for relocation from
Ludwigshafen, Germany to Port Said, Egypt. TCI has a caustic soda
plant based on membrane technology with a capacity of
200,000 tonnes per annum, which started operations a little over a
year ago and are now putting up EDC, VCM and PVC manufacturing plants at the
same location. The sales and Purchase agreement was facilitated by
Industrial Asset Management, a US company in the business of trading in used
process plants. IAM was hired by Solvin to locate a buyer for these plants
which were shut down in December 2005.
Solvin
decided to close down their manufacturing facilities in December 2005 and
appointed Industrial Asset Management LLC,a US company to locate a buyer for
the plants for relocation to another part of the world. TCI from Egypt has
signed a purchase agreement with Solvin on March 7,2007 at Ludwigshafen,
Germany.
Chemplast Sanmar is acquiring the entire
chemicals business of TCI from Mr. Ismail M. Ismail who presently owns 100%
of the company. This acquisition is a strategic move for Chemplast for
assured and cost-effective raw material supplies to its Indian operations.
TCI Sanmar Chemicals LLC
(now TCI Sanmar Chemicals S.A.E) came into the Sanmar fold in March 2007
as Trust Chemical Industries, a caustic soda manufacturing facility located
at Port Said, Egypt. Following the acquisition, Sanmar embarked on an
ambitious capacity enhancements for caustic soda, chlorine, VCM and PVC for
an investment commitment of US$886 million.