A strategic 50/50 partnership combining three decades of manufacturing excellence with French process technology to establish an domestic source of high-purity chromium metal for the aerospace, defence and energy sectors.
Vishnu Chemicals Limited (VCL), India’s premier specialty chemical manufacturer, announced that it has executed a definitive Joint Venture Agreement (JVA) with DCX Chrome SAS, France (DCX), a globally renowned pioneer in the manufacturing of high-purity aluminothermic chromium metal and specialized chromium powders. The joint venture secures access to DCX’s proprietary process technology, enabling domestic manufacturing to meet stringent global aerospace standards. As India’s undisputed market leader in chromium chemicals, VCL will provide uninterrupted, reliable supply chrome oxide green to the proposed joint venture company. Establishing a domestic plant addresses India’s reliance on imported chromium metal, guaranteeing supply chain security for strategic aerospace and defense programs. Highly positions both partners to capitalize on the long term demand in the global aviation, nuclear energy, deep-water oil exploration, and chemical process industries. The project will generate high-skilled engineering and operational employment in and around Visakhapatnam, directly advancing Andhra Pradesh’s industrial development goals.
Mr. 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.” Mr. 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.”
