Former AkzoNobel speciality chemicals business, Nouryon has opened a new headquarters office and research centre in Mumbai to support its growth in India.
The new location brings together research, sales and business support functions in a bid to “better meet” customer needs in the region, the Dutch company said 16 Jan.
Nouryon is currently significantly expanding its operations in India. Key projects include an expansion and upgrade of the company’s existing organic peroxides facility in Mahad, near Mumbai. The project, said the chemicals company, is near completion.
Nouryon is also building a new monochloroacetic acid plant in Gujarat, as part of a joint project with chemicals manufacturing company Atul. The project, said Nouryon, is scheduled to start production later this year.
“India is an increasingly important market for us and… we see good opportunities for sustainable growth,” said Charlie Shaver, CEO of Nouryon.
Nouryan has been actively present in the Indian market since 1991 and currently serves customers in a range of industries, including the plastics, rubber, agriculture and pharma sectors.