PCBL has a production capacity of 6,66,000 MTPA (with the commissioning of the first phase of the Greenfield Project in Chennai with a capacity of 63,000 MTPA) and a capability to generate green electricity of 98 MW.
During its 62nd Annual General Meeting, Phillips Carbon Black Limited (PCBL), a unit of the RP Sanjiv Goenka Group, announced the start of two expansion projects: the first is a greenfield project in Chennai (Tamil Nadu), while the second is a brownfield project in Mundra, Gujarat.
“The plant’s first phase, with a 63,000 MTPA capacity, has been successfully commissioned, and when it is finished, it will have a total capacity of 1,47,000 MTPA for carbon black and 24 MW for renewable energy. The second is a brownfield expansion of our Gujarati factory in Mundra, with a potential capacity for 40,000 MTPA of speciality chemicals.
The specialty chemical line’s first phase of this expansion, which is separated into two phases, is anticipated to be operational by the first quarter of FY 2023–24, according to Sanjiv Goenka.
The production facilities of PCBL are situated in Chennai (Tamil Nadu), Kochi (Kerala), Palej & Mundra (Gujarat), and Durgapur (West Bengal). The company’s production capacity is 6,66,000 MTPA (including the commissioning of the first phase of the Greenfield Project in Chennai, which can produce 63,000 MTPA), and its ability to generate green electricity is 98 MW.
Additionally, PCBL is making investments in its innovation hub in Belgium and R&D centre in India. According to Kaushik Roy, Managing Director of Phillips Carbon Black Limited (PCBL), “Our R&D Centre in India and Innovation Centre in Belgium, along with the Process Technology team, is enabling us to expand our product portfolio and carry out process innovations to cater to the evolving needs of our customers.”
This has allowed the firm to create new and enhanced grades of performance and specialty chemicals for a variety of markets, including batteries, engineering plastics, conductive materials, inks & coatings, and tyres, among others.
Additionally, the business is attempting to expand its worldwide reach and penetrate new regions. “By investigating the new potential given in undeveloped markets, we hope to achieve this. Therefore, in order to attract new client partners and foster enduring connections with them, it becomes essential to provide cutting-edge goods, outstanding service, and strong technical support,” stated Kaushik Roy.
In order to improve efficiency, optimise processes, and monitor data, PCBL is also transitioning from digitization to digitalization across a range of operations.
This outstanding development is the result of various important initiatives. The main drivers of this achievement have been our planned capacity increases, a strong emphasis on research and development to create a varied product range, and a growing foothold in the worldwide market, according to Sanjiv Goenka. The global economy experienced a number of setbacks this year, including growing prices, climate issues, interruptions to supply chains brought on by the conflict in Ukraine, and the resurgence of COVID-19 in China, he also said. India’s economy continued to develop at the quickest rate in the world, even if this slowed down global economic growth.
“Optimising operating costs, stronger controls on all capital expenditures, and preserving efficiency across all activities are critical emphasis areas of our plan to combat the consequences of the economic slump. Success in the near future will depend on how quickly you can put the selected approach into practise, Sanjiv Goenka said.
