More news
- New Managing Director of BASF’s Coatings division
- Global New Material International (GNMI) to acquire Merck’s Surface Solutions busine...
- Delta Coatings unveils plans for global eco-friendly HQ and plant
- PPG recognised for sustainability progress by FTSE4Good for sixth consecutive year
- ChemQuest expands Business Development team, names four VPs
![](https://www.polymerspaintcolourjournal.com/wp-content/uploads/2024/03/aditya-birla-india-plant.jpg)
Grasim Industries Limited, the flagship company of Aditya Birla Group, in its Chemical business formally inaugurated the expansion project of 123,000t of epoxy resins and formulation capacity at Vilayat, Gujarat, boosting the overall capacity of Advanced Materials to 246,000t/yr. The expansion marks a crucial turning point for the Advanced Material business to establish itself as a significant player in the worldwide epoxy materials market, driven by ambitious growth strategies.
While emphasising the pivotal role that advanced materials, particularly epoxy resins, plays in propelling India’s imminent industrial growth, Mr. Jayant Dhobley, Business Head of Global Chemicals, Fashion Yarn & Insulators, Aditya Birla Group, said, “The demand for advanced materials like speciality chemicals tends to grow faster than the GDP, especially in consumption-based economies like ours. This expansion not only demonstrates the Chemical business steadfast commitment to innovation and sustainability but also reaffirms our dedication to strengthen the industrial and chemical sectors in Gujarat and throughout India.”
Acknowledging the collective efforts of employees, customers, and vendors that have contributed to the success of the Advanced Material business, Mr. Rajesh Balakrishnan, CEO Advanced Materials, Aditya Birla Group, said, “The enhanced facility aims to establish new benchmarks in operational effectiveness, integrating industry leading safety protocols and sustainable approaches such as implementing solvent-free technology, minimising water usage and waste production, and a commitment to utilise renewable energy sources.”