Ashland begins in-country production of polyester resins and gelcoats in India

13-May-2009 - India

Composite manufacturers in India and neighboring countries have a new locally-produced source of high-performance resins and gelcoats. Ashland Performance Materials, a commercial unit of Ashland Inc., announced it has commenced production and customer deliveries in India and surrounding areas.

The in-country production of Ashland’s Aropol® polyester resins and Maxguard® and Enguard® gelcoats is part of the previously announced manufacturing and marketing relationship between Ashland India Private Limited (AIPL), a subsidiary of Ashland Inc., and Natural Petrochemicals Private Limited (NPPL) of Gujarat.

"This is a major step in keeping with our strong commitment to serve the growing Indian market with a local infrastructure and a broad portfolio of high-quality brands supported by our global organization,” said Bharat Chhabria, country manager (India), Ashland Performance Materials. “With local production, a strong team of local technical representatives, and a countrywide distribution network, we are well positioned to meet the needs of composites manufacturers not only in India, but also for customers throughout the region.”

“India continues to offer Ashland significant growth opportunities,” said Peter Rijneveldshoek, president, Ashland Performance Materials. “Our local team, together with NPPL, has the full support and resources of the entire global Ashland organization to continue to build our presence and capabilities in the region. With our global manufacturing presence, our customers can depend on our products to have the same high quality and performance wherever they are needed.”

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