In a recent regulatory filing, Chemplast Sanmar Limited officially informed the stock exchanges that the commercial production of R32 Refrigerant Gas has successfully commenced at its Swing Plant located in Mettur. This milestone, which occurred on May 18, 2026, at 3:59 PM (IST), was reported in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The commencement of R32 production marks a strategic operational expansion for Chemplast Sanmar within its specialty chemicals and refrigerant gas portfolio. R32 is increasingly utilized in modern HVAC systems and energy-efficient cooling applications due to its superior energy efficiency and lower environmental impact compared to legacy refrigerants. By bringing this facility online, the company aims to strengthen its presence in the cooling solutions market and improve product diversification.

Chemplast Sanmar is a prominent manufacturer with a diversified portfolio that includes specialty chemicals, suspension PVC, chloromethanes, hydrogen peroxide, and caustic soda. During 2025, the company navigated a challenging global environment marked by geopolitical tensions and pricing uncertainties. Despite these hurdles, it achieved significant progress in its capital allocation strategy, including the commissioning of a paste PVC facility at Cuddalore and expansions at its Berigai multipurpose block. The company continues to align its operations with strategic tailwinds, such as the “China plus one” manufacturing strategy and rising domestic demand. Institutional investors, including various Mutual Funds such as SBI Energy Opportunities Fund and ICICI Prudential Midcap Fund, maintained significant interest in the company throughout 2025.

The company’s financial performance in 2025 reflected the volatility of the chemical and polymer industries. For the quarter ended June 30, 2025 (Q1 FY26), the company reported total income of ₹1,108.90 Crores and a consolidated net loss of ₹64.25 Crores, compared to a net profit of ₹23.89 Crores in the corresponding quarter of the previous year. In the third quarter of the 2025-2026 fiscal year, the company reported a revenue of ₹840.52 Crores and a net loss of ₹119.20 Crores.