Platinum Industries Ltd., a premier multi-product company in the speciality chemicals sector, specialising in PVC & CPVC Additives, Metal Soaps and lubricants, stated that its new facilities in India and Egypt to be completed by Q4 FY25 and Q2 FY26 respectively.

The new facilities in India and Egypt are set to significantly boost capacity, enabling Platinum to meet rising demand in regions like MENA, Europe, and the US, while enhancing cost-efficiency.

A 60,000-tonne annual capacity expansion in Palghar focused on non-lead-based stabilisers is slated for completion by Q4 FY25. Positioned near critical raw material sources and JNPT port, this facility will optimize both domestic supply and export logistics, supporting rapid delivery to key markets.

Platinum’s new 60,000-tonne annual capacity facility in Suez Canal Economic Zone, Egypt is scheduled to be operational by Q2 FY26. This strategic location will enable efficient access to the high-growth MENA and LATAM regions, leveraging proximity to major shipping routes to minimize lead times and distribution costs.

According to the CRISIL Report, Platinum Industries holds a 13% market share, making it the third- largest player in the domestic PVC stabiliser market for FY 2022-23.