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Arkema recently announced plans to build a new top-level polyester powder resin production facility at its resin production base in Navi Mumbai, Maharashtra, India
.
The total investment of the project is about 15 million US dollars, including a new production unit and a dedicated laboratory that can provide application development and technical support at the same time.
It is expected to be completed in 2018
.
This is the first case in India.
The new production facility will be used to produce REAFREE® brand polyester powder resin
.
Polyester powder coatings are widely used in industrial coatings, as well as in the automotive and construction industries
.
The investment is expected to provide strong support to powder coating customers to cope with the rapid development of the market
.
"Polyester powder resins for powder coatings are an important part of our product portfolio, and Arkema has been committed to providing more environmentally friendly, low volatile organic compound (VOC) product solutions," Arkema Coating Resins Mr.
Ren Richard, the global president of the business department, said, “The new production facilities are a powerful complement to our existing production bases in Europe and North America, and fully meet the operational needs of our customers around the world, and fulfill our commitments
.
”
This investment is a further step.
Improve the geographic coverage of Arkema coating resin products, and better develop environmentally friendly, low volatile organic compound (VOC) coating resin product portfolio, including powder resin, water-based resin, UV light curing and high solid resin solutions And high-performance coating additives
.
Arkema's production site in Navi Mumbai also produces alkyd and hydroxy acrylic, polyester resins and reactive polyamide curing agents
.
This investment enhances the production capacity of the Indian base and further consolidates the Group's long-term leading position as a supplier in the global coatings industry.
At the same time, it provides customers with cutting-edge technology, local production and strong technical support
.