Nouryon Opens New India HQ & Research Center to Support Growth
Top company officials said that Nouryon is significantly expanding its operations in India. Its current 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.
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. The company operates in over 80 countries around the world and its portfolio of industry-leading brands includes Eka, Dissolvine, Trigonox, and Berol.
Top company officials said that Nouryon is significantly expanding its operations in India. Its current 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.
Charlie Shaver, CEO of Nouryon said that India is an increasingly important market for the company and these fresh investments clearly demonstrate the group’s commitment to grow with its customers in the region. He added that the chemical industry is regarded as a backbone of India’s agricultural and industrial development, and the company sees good opportunities for sustainable growth, he said.
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.