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Grasim Industries Ltd., Aditya Birla’s flagship company has inked pact with Ohio-based Lubrizol Advanced Materials, a subsidiary of Warren Buffett’s Berkshire Hathway, to manufacture and supply chlorinated polyvinyl chloride (CPVC) resin that is widely used in hot and cold water delivery pipes in India. This polymer will be manufactured at Grasim’s Chlor-alkali unit located at Vilayat, Gujarat.

Get more info : https://www.chemanalyst.com/NewsAndDeals/DealsDetails/grasim-collaborates-with-the-spec

According to ChemAnalyst report, “India Poly Vinyl Chloride (PVC) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Type, Grade, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”.  The demand for Poly Vinyl Chloride is anticipated to outshine at an impressive CAGR of around 6.81% in the forecast period on increasing government schemes for the betterment of facilities for pipe water supply in rural as well

Global PVC pipes market size is projected to grow at a CAGR of around 6% to reach USD90 billion during the forecast period. Growing demand for PVC pipes from end-user industries such as oil & gas, building & construction industries, etc., is one of the key factors for the growth of global PVC pipes market across the globe. Additionally, increasing emphasis on water management in rural areas along with rapid urbanization are some other factors driving the growth of PVC pipes market across differe