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Drinking water, waste water, chemicals, heating and cooling fluids, foodstuffs, ultra-pure liquids, slurries, gases, compressed air, irrigation, plastic pressure pipe systems, and vacuum system applications are all carried out using plastic pipework.
The housing sector’s need for plastic pipes has increased. However, demand has shifted in favour of the chlorinated PVC (CPVC) segment, as CPVC pipe prices have not increased in lockstep with PVC pipe prices.
The India Plastic Pipes Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
The Poddar family, the company’s founders, have decided to sell the remaining shares of Ashirvad Pipes Pvt Ltd (“Ashirvad”) to Aliaxis SA, a global leader in the production and marketing of sophisticated plastic piping systems.
Aliaxis has agreed to purchase the remaining 3 percent stake from the Poddar family over a three-year period and has acquired a 37 percent stake in addition to its 60 percent holding in Ashirvad as part of the deal. The confidentiality of the transaction’s financial information has been agreed upon by both parties.
With this deal, Aliaxis and the Poddar family have successfully completed their joint venture. Building on the strong foundation laid by both partners, Aliaxis is eager to seize the expansion potential presented by the Indian plumbing and agricultural sectors.
For Aliaxis, India is a top priority market, and this transaction demonstrates its dedication to the nation over the long term. The expansion of Aliaxis in India has reached a significant turning point with this purchase.
Prince Pipes and Fittings Limited (PPFL), one of India’s fastest-growing integrated piping solutions and multi-polymer manufacturers, today announced the launch of Prince OneFit with Corzan CPVC Technology in collaboration with Lubrizol, the world’s inventors and largest manufacturers of CPVC compounds.
This is the most recent exciting announcement in Lubrizol’s long history of CPVC commitment in India, and it is in keeping with the “Make in India” strategy.
Finolex Cables, India’s top electrical and communications cable maker, has expanded its product line to include conduit and fittings. The conduits are made from specifically formulated uPVC at the company’s state-of-the-art Goa plant to fulfil the most severe Indian and international requirements.
These are made of high impact resistant materials, making them suitable for usage in a variety of environments.
To acquire chlorinated poly vinyl chloride (CPVC) resin for hot and cold water plumbing systems, Astral Poly Technik Ltd. has teamed up with Sekisui Chemical Co. Ltd. of Japan. ASTRAL can now go backward in time and produce its own CPVC compound thanks to this strategic partnership with SEKISUI.
Astral water tanks, Multi pro, Sartia water tanks, Solvo Bond-high quality solvent cement, and Resiwood-premium synthetic adhesives are among the latest products introduced by Astral Poly Technik. In addition, during the next 12 to 18 months, the company is expected to introduce a few new products in the pipes segment.
At the Vinyl India meeting, a new association representing the PVC pipe industry was formed. The Indian Plastics Pipes Academy is a non-profit organisation dedicated to representing member companies and enhancing the industry’s reputation.
The IPPA would work to improve the positive image and acceptability of plastic piping systems by promoting their high quality and long-term durability.
