Hyderabad-based Vishnu Chemicals forges tie-up with France’s DCX for metal plant
Hyderabad, Sep 8: Hyderabad-based Vishnu Chemicals Limited (VCL) has entered into a strategic equal stake partnership with DCX Chrome of France to set up a greenfield chromium metal plant in Visakhapatnam in Andhra Pradesh.
A strategic 50/50 partnership combines three decades of manufacturing experience of Vishnu Chemicals with French process technology to establish an domestic source of high-purity chromium metal for the aerospace, defence and energy sectors.
Under the terms of the Joint Venture, VCL and DCX will establish a new manufacturing facility in Visakhapatnam, engineered to operate with a substantial installed capacity of 6,000 MTPA (Metric Tonnes Per Annum), dedicated entirely to producing high-purity chromium metal.
Krishna Murthy Cherukuri, Chairman & Managing Director, Vishnu Chemicals Limited: “This partnership marks a significant milestone in our journey to expand our footprint in specialty chemicals and bolster India’s manufacturing capabilities in the sector. By joining forces with DCX Chrome, we are not only advancing our strategic growth but also contributing directly to India’s vision of self-reliance.”
Siddartha Cherukuri, Joint Managing Director, Vishnu Chemicals Limited: “We view this collaboration not merely as a joint venture, but as a long-term strategic partnership designed to drive sustained growth for both organizations for years to come. The synergy of VCL’s domestic leadership and DCX’s metallurgical mastery creates an unbeatable platform for high-performance chemicals manufacturing.”
Fernando Accioly, CEO, DCX Chrome SAS: “We are highly pleased to partner with Vishnu Chemicals to establish this state-of-the-art facility in Vizag. This joint venture combines our world-class aluminothermic technology and over 80 years of industrial expertise with VCL’s robust operational excellence and raw material supply. By partnering with Vishnu Chemicals, we are combining complementary strengths to create a world-class manufacturing platform capable of serving the evolving needs of our customers across the globe. This investment marks an important milestone in DCX Chrome’s growth strategy and reflects our strong confidence in the long-term outlook for high-purity chromium metal worldwide.”
ABOUT THE COMPANIES
VISHNU CHEMICALS LIMITED
Headquartered in Hyderabad, Vishnu Chemicals Limited is a specialty chemical manufacturer of Chromium, Barium, and Strontium chemicals.
DCX CHROME SAS
DCX Chrome is a recognized global pioneer in the production of high-purity aluminothermic chromium metal and specialized powders. As a wholly owned subsidiary of France’s industrial Delachaux Group, DCX leverages over 80 years of industrial manufacturing heritage.
Headquartered in France with manufacturing operations in the US, DCX Chrome is a trusted Tier-1 supplier to global aerospace, energy, superalloy, and welding sectors. (BVI)
