DCM Shriram Commissions 35,000 TPA Green Chemical Plant in Gujarat; Shares Trade Flat

October 15, 2025October 15, 2025

Shares of DCM Shriram Ltd are trading flat after touching a day’s high of Rs 1,180 on 15th October, even as the company announced on Tuesday (14th October) the commissioning of its Epichlorohydrin (ECH) plant with a capacity of 35,000 tonnes per annum (TPA) at its chemical complex in Jhagadia, Bharuch district, Gujarat.

The commissioning took place yesterday at 2:00 PM. The company said the remaining 17,000 TPA capacity will be added soon.

The new plant marks a key milestone for DCM Shriram’s chemicals business. It strengthens the link between its chlor-alkali operations and advanced materials segment. Epichlorohydrin (ECH), derived from chlorine, is used in the production of epoxy resins. These resins are incorporated into coatings, adhesives, electronics, and composites.

What makes this project unique is its eco-friendly process. Unlike most global ECH plants, which use propylene, a fossil-based input, DCM Shriram’s facility utilises glycerine. This glycerine is a by-product of biodiesel manufacturing and is used as the raw material. This shift, enabled by European technology, helps cut the plant’s carbon footprint.

The company said the project supports import substitution. It aligns with India’s push for green and self-reliant manufacturing in the chemical and materials sectors.

At 11:43 AM, the shares of DCM Shriram were trading 0.48% higher at Rs 1,172.10 on NSE.

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