DCM Shriram Limited Announces Entry into the Business of Advanced Material, Including Epoxy
"Advanced Materials" by investing into Epoxy and value added products. The company is planning to invest INR 10,000 million over the next few years to set up a greenfield state-of- the-art epoxy manufacturing plant. It may be noted that the company's Epichlorohydrin (ECH) plant in Jhagadia, Gujarat is in final stages of completion and is expected to be commissioned in first quarter of 2024-25. Over 80% of ECH produced globally is used in the manufacture of Epoxy.