PCBL Chemical Ltd. has commissioned a new specialty production line with a capacity of 20,000 metric tonnes per annum (MTPA) at its Mundra facility in Gujarat.
The company said the new line will cater to high-growth application areas and expand its specialty chemicals portfolio.
Shares of PCBL Chemical, which has a market capitalization of ₹11,195.98 crore, were trading at ₹284.45, up 2.41 percent during the session.
The stock has slipped 0.14 percent over the past five trading sessions but gained 2.3 percent over the last month. It has touched a 52-week high of ₹437.30 and a 52-week low of ₹226.50.
Capacity rises to 132 KTPA
Before the expansion, the company’s specialty production capacity stood at 112 KTPA.
The new line has increased total capacity to:
- 132 KTPA
- Up nearly 18 percent from earlier levels
The company said its existing specialty capacity was operating at around 95 percent utilization before the addition.
Focus on advanced applications
The new facility will cater to several specialty segments, including:
- High-speed printing
- Digital printing
- Ultraviolet (UV) printing
PCBL said the new capacity will be ramped up gradually over the coming months.
Push towards value-added products
The expansion is part of the company’s strategy to increase the share of specialty products in its portfolio.
Management expects higher-value products to support:
- Better profitability
- Improved realizations
- Long-term growth
Specialty chemicals generally command higher margins than conventional carbon black products.
Demand trends
Demand for specialty chemicals remains strong across industries such as:
- Packaging
- Coatings
- Performance materials
- Advanced printing technologies
The sector is also benefiting from:
- Global supply-chain diversification
- Higher domestic manufacturing activity
- Rising demand from automotive, electronics and consumer goods sectors
About the company
Founded in 1960, PCBL Chemical Ltd., part of the RP-Sanjiv Goenka Group, manufactures:
- Carbon black
- Specialty chemicals
- Power for captive use and external sale
Its products are used across industries including:
- Tyres
- Plastics
- Inks
- Coatings
- Advanced materials
TL;DR:
PCBL Chemical has commissioned a new 20,000 MTPA specialty production line at its Mundra plant. The addition raises total specialty capacity to 132 KTPA and supports the company’s focus on higher-margin products.
AI summary:
- PCBL Chemical commissioned a 20,000 MTPA specialty line at Mundra.
- Total specialty capacity has increased to 132 KTPA.
- Existing capacity was operating at around 95% utilization.
- The new facility will serve digital and UV printing segments.
- The company is increasing its focus on value-added products.
