Adani Group to launch USD 4bn PVC project by 2026

The Adani Group is set to commission the first phase of a USD 4bn polyvinyl chloride (PVC) project by December 2026, marking its entry into the petrochemicals sector. PVC is used in a wide range of products, including raincoats, shower curtains, window frames, indoor plumbing pipes, medical equipment, wire and cable insulation, bottles, credit cards, and flooring.

Adani Enterprises is developing a petrochemical cluster in Mundra, Gujarat. Within this cluster, a PVC plant with a capacity of 2 million tonnes per annum will be established in phases. The initial phase, with a capacity of 1 million tonnes per annum, is scheduled for commissioning by December 2026.

Adani Group plans to use acetylene and carbide-based PVC production processes for the Mundra project, which has already received environmental clearance and consent for establishment.

By 2027, India is expected to add the most PVC production capacity, followed by China and the US, driven by demand from the construction and agriculture sectors.

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