Vishnu Chemicals, DCX Chrome Form JV for Chromium Plant
ECONOMY & POLICY

Vishnu Chemicals, DCX Chrome Form JV for Chromium Plant

Vishnu Chemicals Limited (VCL) has entered into a definitive joint venture agreement with France-based DCX Chrome SAS to establish a greenfield high-purity chromium metal manufacturing facility in Visakhapatnam, Andhra Pradesh.

The two companies will hold equal 50% stakes in the proposed venture. The facility will have an installed capacity of 6,000 metric tonnes per annum and will manufacture high-purity chromium metal for applications across the aerospace, defence, energy, oil and gas, and chemical processing sectors.

Under the partnership, DCX Chrome will provide its proprietary aluminothermic process technology and technical expertise, while Vishnu Chemicals will support the venture with a reliable supply of chrome oxide green. The project is expected to reduce India's dependence on imported chromium metal and strengthen domestic supply chains for strategic industries.

High-purity chromium metal is used in aerospace engine components, including combustion chambers, turbine discs, blades and casings, as well as in drilling tools, corrosion-resistant pipelines, nuclear power applications and land-based gas turbines.

Krishna Murthy Cherukuri, Chairman and Managing Director, Vishnu Chemicals, said the partnership would strengthen the company's specialty chemicals presence while contributing to India's manufacturing and self-reliance ambitions.

Fernando Accioly, CEO, DCX Chrome SAS, said the venture combines DCX Chrome's process technology and industrial expertise with Vishnu Chemicals' manufacturing capabilities and raw-material supply, creating a platform to serve growing global demand for high-purity chromium metal.

Vishnu Chemicals Limited (VCL) has entered into a definitive joint venture agreement with France-based DCX Chrome SAS to establish a greenfield high-purity chromium metal manufacturing facility in Visakhapatnam, Andhra Pradesh.The two companies will hold equal 50% stakes in the proposed venture. The facility will have an installed capacity of 6,000 metric tonnes per annum and will manufacture high-purity chromium metal for applications across the aerospace, defence, energy, oil and gas, and chemical processing sectors.Under the partnership, DCX Chrome will provide its proprietary aluminothermic process technology and technical expertise, while Vishnu Chemicals will support the venture with a reliable supply of chrome oxide green. The project is expected to reduce India's dependence on imported chromium metal and strengthen domestic supply chains for strategic industries.High-purity chromium metal is used in aerospace engine components, including combustion chambers, turbine discs, blades and casings, as well as in drilling tools, corrosion-resistant pipelines, nuclear power applications and land-based gas turbines.Krishna Murthy Cherukuri, Chairman and Managing Director, Vishnu Chemicals, said the partnership would strengthen the company's specialty chemicals presence while contributing to India's manufacturing and self-reliance ambitions.Fernando Accioly, CEO, DCX Chrome SAS, said the venture combines DCX Chrome's process technology and industrial expertise with Vishnu Chemicals' manufacturing capabilities and raw-material supply, creating a platform to serve growing global demand for high-purity chromium metal.

Related Stories

Gold Stories

Next Story
Building Material

From Rough to Refined: How Modern Plastering Is Changing Wall Finishes

When Rohan first walked into his newly constructed home, he imagined what it would become—a warm living room, a bright bedroom, and walls smooth enough to complement his carefully chosen interiors.But there was one problem.The walls didn't look anything like the finished home he had imagined.They were uneven in places, rough to the touch, and covered with visible patches and minor surface imperfections. Rohan initially thought paint would fix everything.His contractor had a different answer.“Before the paint, we need to get the plastering right.”That conversation made Rohan realise somet..

Next Story
Infrastructure Urban

Embraer to Acquire 51 Per Cent Stake in Mahindra Aerospace Arm

Brazilian aerospace major Embraer will acquire a 51 per cent equity stake in Novavayu Aerospace, a step-down subsidiary of Mahindra and Mahindra, under an Investment Agreement notified by the automobile company in an exchange filing. The transaction will give Embraer control of the aerospace business. Following completion of the acquisition, Novavayu Aerospace will cease to be a wholly owned subsidiary and become an associate of Mahindra Defence Systems, which is a step-down wholly owned subsidiary of Mahindra and Mahindra. The agreement is expected to be completed on or before December 1. Mah..

Next Story
Infrastructure Urban

RBI Opens Special Dollar Window for Three State-Run OMCs

The Reserve Bank of India (RBI) has opened a special facility to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), in a move aimed at easing pressure on the Indian rupee. The facility will take effect on October 12, 2026, and remain available until further notice. Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation are eligible to use the arrangement. Under the facility, the RBI will sell US dollars to the three companies through designated banks, allowing them to meet their oil-import payments without sourc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code