Vishnu Chemicals signs JV with France-based company for greenfield chromium metal plant and is transforming from commodity to specialty chemical maker

Wed 30 Sep 2026

New chromium plant capacity

6,000 metric tons per annum

Value-added revenue share now

50 percent

Value-added revenue share FY26

40 percent

FY27 capex

200 to 250 crore rupees

DMSO project cost

205 to 240 crore rupees

Heard on Live TV News Channel between 09:28:52 - 09:30:07 IST.

• Vishnu Chemicals signed a JV with a France-based company to set up a greenfield chromium metal plant in Andhra Pradesh with capacity of 6,000 metric tons per annum
• Value-added products contribute almost 50% of overall revenue, up from 40% in FY26
• South Africa mine restart is progressing well, with cost savings expected from Q3 and chrome supplies to India expected from Q3 FY27
• Company has lined up Rs 200-250 crore capex for FY27, including a DMSO project (an import-substitute solvent used in pharma and agrochemicals) estimated to cost Rs 205-240 crore
• MD Siddharth Cherukuri said the company is moving from being a chrome chemical company to an integrated chromium and specialty metal company, strengthening the chain via soda ash backward integration and chrome mine operations

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.