The Adani Group is set to launch the initial phase of a $4 billion PVC project in Gujarat by December 2026, marking its entry into the petrochemicals industry.
The brand is developing a petrochemical cluster in Mundra, which will include a PVC plant with a total capacity of two million tons per annum (tpa), to be completed in phases. The first phase will have a capacity of one million tpa.
The brand plans to use acetylene and carbide-based PVC production processes for the Mundra facility. As reported by projectstoday.com, the project has already received environmental clearance (EC) and consent to establish. Globally, PVC is the third most produced synthetic plastic polymer, following polyethylene and polypropylene.