Thirumalai Chemicals Limited — Important, 15-07-2025: Updates

Thirumalai Chemicals' US subsidiary, TCL Specialties, is progressing well on its West Virginia plants. These facilities will produce Maleic Anhydride for high-growth sectors like automotive and EVs, and Food Ingredients to address the US's significant import reliance. Leveraging local shale gas and favorable US on-shoring trends, the project sees 100% equipment on-site and largely installed. Start-up is targeted for Oct-Dec 2025, with production and sales ramping up in CY 2026. The company is actively engaging customers, capitalizing on market opportunities in the underserved NE-US and Mid-West regions.