Recently, the Adani Group of India plans to build a coal-made polyvinyl chloride (PVC) plant with an annual output of 2 million tons in Mundra, western Gujarat, with an investment of 292 billion rupees (approximately US$4 billion).
Adani Group stated in a document submitted to the Ministry of Environment, Forests and Climate Change of India in April that Adani Enterprise Co.
(AEL), a subsidiary of the group, will implement the coal-to-PVC plant project.
The project is expected to produce suspended PVC (resin), chlorinated PVC (C-PVC) and emulsion PVC (paste) and other grades of PVC.
It is expected that the project will be put into production within 4 years after obtaining all necessary approvals.
The project's annual raw coal demand is about 3.
1 million tons, mainly from Australia, Russia and other countries.
AEL said: "The PVC produced by the plant will cater to the needs of the Indian domestic market and will gradually replace imports.
India currently requires more than 50% of its PVC demand to be imported.