Nouryon Opens New India HQ and Research Center to Support Growth
by Shrutee K/DNS
Nouryon (formerly AkzoNobel Specialty Chemicals) has
opened a new headquarters office and research center to support its operations
in India. Located in Mumbai, the new location brings together research and
sales as well as business support functions, and enables the company to better
meet customer needs across the region.
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.
About Nouryon: We are a global specialty chemicals leader.
Markets worldwide rely on our essential chemistry in the manufacture of
everyday products such as paper, plastics, building materials, food,
pharmaceuticals, and personal care items. Building on our nearly 400-year
history, the dedication of our 10,000 employees, and our shared commitment to
business growth, strong financial performance, safety, sustainability, and
innovation, we have established a world-class business and built strong
partnerships with our customers. We operate in over 80 countries around the
world and our portfolio of industry-leading brands includes Eka, Dissolvine,
Trigonox, and Berol.
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