Construction Chemicals Grace Construction Products Opens Indian Chemicals Factory
American constructions chemicals company Grace opens an Indian factory - just the latest in a row of recent investments on the emerging markets.
Cambridge, Massachusetts/USA and Delhi/India – Grace Construction Products, a supplier of speciality chemicals for the construction industry, just announced the opening of an Indian facility near Delhi. The site will mainly produce cement additives and concrete admixtures for manufacturers in Northern India.
“We continue to invest in emerging economies in order to meet our customers’ needs,” said Andrew Bonham, President of Grace Construction Products. “The new facility will allow us to enhance service and delivery times to our customers in Northern India.”
The new Indian factory is the latest in a series of investments in the emerging markets. Grace has opened similar facilities in China, Colombia, Panama, Saudi Arabia and Vietnam since 2010. Also in 2010, Grace acquired a manufacturer of waterproofing products located in Central China and formed a construction joint venture in the Kingdom of Saudi Arabia.