Vishnu Chemicals, DCX Chrome Partner for Chromium Plant
ECONOMY & POLICY

Vishnu Chemicals, DCX Chrome Partner for Chromium Plant

Vishnu Chemicals Limited (VCL) has entered into a definitive Joint Venture Agreement with DCX Chrome SAS, France, to establish a greenfield manufacturing facility for high-purity chromium metal in Visakhapatnam, Andhra Pradesh. The strategic partnership will combine VCL’s manufacturing expertise with DCX’s advanced process technology to strengthen India’s domestic capabilities in critical engineering materials.

Under the agreement, VCL and DCX will hold an equal 50% stake in the joint venture company. The proposed facility will have an installed capacity of 6,000 MTPA and will focus entirely on producing high-purity chromium metal for sectors including aerospace, defence, energy and advanced engineering.

The partnership will enable technology transfer from DCX, providing access to its proprietary aluminothermic chromium manufacturing process and supporting production that meets global aerospace standards. VCL, India’s leading chromium chemicals manufacturer, will ensure reliable supply of chrome oxide green as a key raw material for the facility.

The project is expected to reduce India’s dependence on imported chromium metal and support the country’s push towards self-reliance in strategic manufacturing sectors. It will also help both companies tap into long-term demand from global aviation, nuclear energy, deep-water oil exploration and chemical processing industries.

High-purity chromium metal is used in critical applications such as aerospace engine components, including combustion chambers, turbine disks, blades and casings. It is also used in oil and gas drilling equipment, corrosion-resistant pipelines, nuclear power plant components and advanced industrial applications.

Commenting on the partnership, Mr Krishna Murthy Cherukuri, Chairman & Managing Director, Vishnu Chemicals Limited, said the collaboration will expand the company’s specialty chemicals footprint while contributing to India’s manufacturing capabilities and self-reliance objectives.

Mr Siddartha Cherukuri, Joint Managing Director, Vishnu Chemicals Limited, said the joint venture combines VCL’s domestic market leadership with DCX’s metallurgical expertise to create a platform for high-performance materials manufacturing.

Mr Fernando Accioly, CEO, DCX Chrome SAS, said the partnership will bring together DCX’s aluminothermic technology and industrial expertise with VCL’s operational capabilities and raw material supply strengths to establish a global manufacturing platform for high-purity chromium metal.

The facility in Visakhapatnam is expected to strengthen regional industrial development while creating skilled employment opportunities in Andhra Pradesh.

Vishnu Chemicals Limited (VCL) has entered into a definitive Joint Venture Agreement with DCX Chrome SAS, France, to establish a greenfield manufacturing facility for high-purity chromium metal in Visakhapatnam, Andhra Pradesh. The strategic partnership will combine VCL’s manufacturing expertise with DCX’s advanced process technology to strengthen India’s domestic capabilities in critical engineering materials.Under the agreement, VCL and DCX will hold an equal 50% stake in the joint venture company. The proposed facility will have an installed capacity of 6,000 MTPA and will focus entirely on producing high-purity chromium metal for sectors including aerospace, defence, energy and advanced engineering.The partnership will enable technology transfer from DCX, providing access to its proprietary aluminothermic chromium manufacturing process and supporting production that meets global aerospace standards. VCL, India’s leading chromium chemicals manufacturer, will ensure reliable supply of chrome oxide green as a key raw material for the facility.The project is expected to reduce India’s dependence on imported chromium metal and support the country’s push towards self-reliance in strategic manufacturing sectors. It will also help both companies tap into long-term demand from global aviation, nuclear energy, deep-water oil exploration and chemical processing industries.High-purity chromium metal is used in critical applications such as aerospace engine components, including combustion chambers, turbine disks, blades and casings. It is also used in oil and gas drilling equipment, corrosion-resistant pipelines, nuclear power plant components and advanced industrial applications.Commenting on the partnership, Mr Krishna Murthy Cherukuri, Chairman & Managing Director, Vishnu Chemicals Limited, said the collaboration will expand the company’s specialty chemicals footprint while contributing to India’s manufacturing capabilities and self-reliance objectives.Mr Siddartha Cherukuri, Joint Managing Director, Vishnu Chemicals Limited, said the joint venture combines VCL’s domestic market leadership with DCX’s metallurgical expertise to create a platform for high-performance materials manufacturing.Mr Fernando Accioly, CEO, DCX Chrome SAS, said the partnership will bring together DCX’s aluminothermic technology and industrial expertise with VCL’s operational capabilities and raw material supply strengths to establish a global manufacturing platform for high-purity chromium metal.The facility in Visakhapatnam is expected to strengthen regional industrial development while creating skilled employment opportunities in Andhra Pradesh.

Related Stories

Gold Stories

Next Story
Resources

Kalpataru Projects International elevates Amit Uplenchwar as Joint MD and CEO

Kalpataru Projects International (KPIL) has elevated Amit Uplenchwar as Joint Managing Director and CEO (designate), following approval by its board on 5 November 2026. He will take charge as Additional Director, Joint Managing Director and CEO from 1 January 2027 for a five-year term ending 31 December 2031, subject to shareholders' approval.Uplenchwar brings over three decades of experience in corporate strategy, business operations, business development, mergers and acquisitions, and international business management. His experience spans transportation, power, water, oil and gas, aerospace..

Next Story
Resources

HCC appoints Vivek Singhal as CEO

Hindustan Construction Company (HCC) has appointed Vivek Singhal as Chief Executive Officer, effective 5 November 2026. He brings over four decades of experience in infrastructure and engineering, procurement and construction (EPC), covering project execution, business leadership, business development and profit and loss management.Singhal has spent 16 years in international markets, delivering projects and managing assets worth approximately Rs 285 billion across five countries. His experience spans airports, metro rail, urban transport, hydropower, bridges and other infrastructure sectors.He..

Next Story
Infrastructure Energy

Essar Signs PPA for 300 MW Hybrid Renewable Energy Project

Essar Renewables, the renewable energy arm of Essar Power, has signed a Power Purchase Agreement (PPA) with NHPC for a 300 MW renewable energy project in Andhra Pradesh. The agreement follows the company’s successful bid for the project two years ago. Essar Power will invest approximately Rs. 45 bn in the development. The project will combine solar and wind generation with Battery Energy Storage Systems (BESS), enabling the supply of reliable and dispatchable renewable power. It forms part of Essar Power’s plan to build a diversified energy portfolio of approximately 5 GW across renewable,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code