Nouryon Opens India HQ and Research Center
Nouryon has opened a headquarters office and research center in India. Located in Mumbai, the office 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 reported.
As part as Nouryon’s expansion efforts in India, the company has upgraded and expanded operations at its 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.”