Nouryon opens new India HQ and research center
Nouryon is significantly expanding its operations in India. Key projects include an expansion and upgrade of Nouryon’s organic peroxides facility in Mahad, which is close to completion, as well as a new monochloroacetic acid plant in Gujarat. The latter is a joint project with chemicals manufacturing company Atul, a part of Lalbhai Group, and is scheduled to start production later this year.
“India is an increasingly important market for us and these investments clearly demonstrate our commitment to grow with our customers in the region,” said Charlie Shaver, CEO of Nouryon. “The chemical industry is regarded as a backbone of India’s agricultural and industrial development, and we see good opportunities for sustainable growth.”
The company started operations in India in 1991 and currently serves customers in markets ranging from agriculture to pharmaceuticals, and plastics, rubbers and composites as well as from personal care to paints and coatings, and oil and gas.
Topics
Organizations
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.