Press Release 21.09.2009
The state of the art PVC plant of Chemplast Sanmar, part of the Sanmar Group was inaugurated by Dr. M.K.Stalin Deputy Chief Minister of Tamilnadu today at Cuddalore.
Vijay Sankar, Deputy Chairman of the Sanmar Group, in his welcome address highlighted that this is the biggest investment in Chemical Sector in Tamilnadu in the last 20 years. He also lauded the efforts taken by the Government of Tamilnadu to create a congenial atmosphere for the investors to start their operations in the State.
P.S.Jayaraman, Chairman of Chemplast Sanmar in his address detailed the efforts taken by the Sanmar Group in the industrialization of the state and its commitment to environment protection and community development. Presenting the special features of the Greenfield PVC plant, he added that the new PVC plant would step up industrialization, as several medium and small scale industries will be set up to manufacture various products such as PVC pipes and sheets, upholstery, window frames and doors using PVC as raw material.
M.R.K.Panneerselvam, Minister of Health dedicated the Occupational Health Centre for the employees and appealed to the corporates to protect the environment and actively participate along with Government in providing quality health care by setting aside a percentage of their profits.
Dr.M.K.Stalin congratulated Chemplast for setting up a PVC plant with a capacity of 1,70,000 tons per annum at an investment of Rs.600 Crores. The global economic slow down has only a mild impact in the country, but Tamilnadu is marching ahead in industrialization of the state, he further added. According to a study conducted by Oxford Analytica, Tamilnadu is the best state in the country for industrial investments. This was made possible due to good governance and better infrastructure facilities provided by the State Government headed by the Chief Minister, he said. He appreciated Chemplast Sanmar for installing a desalination plant for meeting their water needs and Zero Liquid Discharge Plant for recycling the liquid effluents. He also lauded the community development initiatives takes by the company, and endorsed the earlier appeal made by the Health Minister to participate in enhancing the health care facilities.
V Ramesh Director of the company proposed vote of thanks.