International.
Arkema has announced plans to build a new polyester powder resin manufacturing plant, the first of its kind in India, on its existing resin platform in Navi Mumbai, Maharashtra.
The project, which represents an investment of approximately US$15 million and is expected to be completed in 2018, includes a new manufacturing unit and a new specialized laboratory to provide both application development and technical support. The new facility supports customers in the growing powder coating market.
This investment supports Arkema's ambition to expand its geographic portfolio coverage of low-VOC and environmentally friendly resins, including powder resins, water-based resins, UV photocuring and high solid solutions, as well as additives for high-performance coatings.
Navi Mumbai's headquarters also produces alkyds, acrylic solutions and oil-free polyester resins, as well as reactive polyamide resins.
