Cairo – Mubasher: TCI Sanmar Chemicals, a leading producer of caustic soda in Egypt, From has invested $1.50 billion in two phases, the company’s Managing Director, Ganeshkumar S, recently stated.
This has shifted the Indian firm into a world-class manufacturing facility to produce Caustic Soda, PVC, and Calcium Chloride Granules, the official added.
Ganeshkumar S noted: “TCI Sanmar enjoys a powerful reputation and prominent position as the largest integrated producer of Caustic Soda and PVC in the entire MENA region with state-of-the-art technologies and consistent value creation.”
Adopting high environmental standards, the firm is considered the largest manufacturer of Polyvinyl Chloride in the MENA region while being the biggest Indian investment in Egypt with $1.50 billion as foreign direct investment (FDI).
During its fiscal year (FY) 2021/2022, TCI Sanmar recorded lower carbon footprint and water consumption when compared to the previous year’s operations.
Chairman of TCI Sanmar, P.S. Jayaraman, said: “The company managed to overcome challenging times, which included overall cost increases particularly in freight and transportation, lower production of Polyvinyl Chloride (PVC), due to technical issues that cropped up in Vinyl Chloride Monomer (VCM) operations.”
The top official added: “However, we have managed to turn operations around and develop customized and innovative products and technologies to suit the complex needs of our customers.”
Jayaraman further elaborated: “We understand that our customers seek more sustainable solutions, thus, we successfully introduced two more PVC grades: K value 57 (K-57) for fittings and K value 70 (K-70) for cables. With the ongoing production of K value 67 (K-67) for pipes, the company is now manufacturing all three PVC grades.”
