Synopsis: DCM Shriram fully commissions India’s first green ECH plant (52,000 TPA) in Gujarat using glycerine. Eco-friendly shift from fossil fuels boosts specialty chemicals for epoxy resins, wind turbines.
DCM Shriram has fully commissioned its 52,000 TPA Epichlorohydrin plant in Gujarat, marking a major leap into specialty chemicals. DCM Shriram Limited crossed a significant milestone on April 1, 2026. The company completed the full commissioning of its Epichlorohydrin (ECH) plant at Jhagadia, Bharuch district, Gujarat. The final 17,000 TPA capacity went live at 4:00 pm, bringing the plant to its total capacity of 52,000 TPA.
DCM Shriram Limited’s stock, with a market capitalisation of Rs. 17,565 crores, fell Rs. 1,116.70, down 3 percent from its previous closing price of Rs. 1,151.90. Furthermore, the stock over the past year has given a return of 4.33 percent.
A Two-Phase Journey, Completed in Five Months
The company began this project in phases. It commissioned the first 35,000 TPA of the plant on October 14, 2025. At the time, DCM Shriram indicated the remaining capacity would follow shortly. True to that commitment, the balance 17,000 TPA came online within roughly five and a half months. The plant now operates at full scale. This quick turnaround reflects strong project execution by the company.
What Makes This Plant Different
This is not an ordinary chemical plant. DCM Shriram built India’s first eco-friendly ECH facility using glycerine as the primary raw material. Glycerine is a by-product of biodiesel production.
Traditional ECH plants use propylene, a fossil-based feedstock. The glycerine route, by contrast, carries a lower carbon footprint. The plant uses advanced European technology. This positions DCM Shriram as an early mover in green chemical manufacturing in India.
Why ECH Matters to DCM Shriram
Epichlorohydrin is a key raw material for epoxy resins. Epoxy resins are widely used in wind turbine blades, automotive parts, electronics, adhesives, and coatings. Global demand for these materials is rising steadily.
Furthermore, ECH links directly to DCM Shriram’s existing chlor-alkali business. The company produces chlorine and caustic soda. ECH adds downstream value to that chlorine, boosting margins and product depth. The Jhagadia location also works in the company’s favor. It sits within a major chemical hub with strong infrastructure and port access.
What This Means for Investors
This development signals a clear strategic shift for DCM Shriram. The company is moving from commodity chemicals into specialty and advanced materials. The 52,000 TPA capacity is substantial for India’s ECH market.
Additionally, DCM Shriram has been exploring epoxy resin production in the same region. A fully operational ECH plant feeds directly into those plans. Therefore, investors may see this as a step toward a more integrated and profitable chemicals business in the years ahead.
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