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<h1>Capex plan accelerates capacity growth and targets margin recovery as raw material prices stabilise and exports expand.</h1> PCBL Chemical Ltd is executing a capital expenditure programme to expand carbon black and specialty chemicals capacity, including incremental specialty blacks at Mundra, a capacity increase at Aquapharm Chemicals after acquisition, and a greenfield project on land secured at Naidupeta, with management projecting installed capacity above one million tonnes and improved margins as raw material prices stabilise.