India: Organic Peroxide Nouryon Completes 4.5 Million Dollar Expansion
The expansion deals with increasing the production capacity of organic peroxides in Mahad, India. The move is expected to boost capacity by 80 per cent and support the growing demand from the Middle East as well as the local market.
Mahad/India – Nouryon has completed a 4.5 million dollar expansion at Mahad, India which will increase organic peroxides production capacity at the site by 80 per cent. The increased capacity will support growing customer demand in India and the Middle East for organic peroxides, essential in the manufacture of polymer-based products such as athletic shoe soles, wind turbines and PVC pipes.
“This expansion allows us to better serve our customers and build upon our strong market presence, particularly in the PVC, acrylics and thermoset resin segments,” said Amit Salagare, Mahad Site Manager at Nouryon. “It also reflects our commitment to the site and steadfast efforts to strengthen the local manufacturing sector,” Salagare added.
Johan Landfors, Managing Director Polymer Chemistry at Nouryon, added: “This project is the latest in a string of investments across the globe to better meet our customers’ needs and grow with them. In 2018, we invested more than 113 million dollars to expand organic peroxides capacity and work on sustainable product and process innovations.” The Mahad project also includes a new waste water treatment facility that will improve the site's sustainability profile.
India is an increasingly important market for Nouryon and the company is significantly expanding its operations in the country. Earlier this year, it opened a new headquarters office and research center in Mumbai to further support growth across the region. The firm is also partnering with chemicals manufacturing company Atul, a part of Lalbhai Group, on a new monochloroacetic acid plant in Gujarat, to be completed later this year.