Adani’s $4-bn PVC project operational by Dec 2026

New Delhi: The Adani Group will commission the first phase of a $4-billion PVC project by December 2026, making its foray into the petrochemicals sector that is marked by a mismatch between domestic demand and supply, sources said. Polyvinyl chloride (PVC), the third-most common synthetic plastic polymer made worldwide, is used to make products such as raincoats, shower curtains, window frames, pipes for indoor plumbing, medical equipment, wire & cable insulation, bottles, credit cards, and flooring.

India’s annual PVC demand is roughly 4 mn tonne, but domestic production capacity is only about 1.5 mn tonne.