Solvay’s new Rs 500 crore investment in India

Multi-specialty chemic company Solvay caters to multiple industries including pharmaceutical and consumer packaging. In the consumer packaging segment, Solvay's loftier bulwark polymers offer combined water vapor, oxygen barrier and oestrus sealing backdrop for protecting fresh food, convenience food, dry nutrient and wrapped nutrient. Nutrient packaging materials from Solvay include fluorinated fluids (Solvera PFPE) used as surface treatment for oil- and grease-resistant packaging.

In Bharat, the company has appointment primarily with the pharmaceutical manufacture when it comes to packaging applications. Solvay talked near its solutions at Plastindia 2018, which was held in Gandhinagar, Gujarat concluding month.

"We have a lot of customers in Republic of india from the pharma segment who are using our solutions for niche applications—mostly for the consign market place," says Amlan Das, director for India at Solvay's Specialty Polymers.

Solvay has a institute in India at Panoli, Gujarat, where information technology articles loftier-end solutions—ether ketone and polyethersulfone. Almost 99% of the manufactured product is exported. Das informed that the company will brainstorm manufacturing membrane polyethersulfone (PESU) at Panoli by the second half of this year.

"Keeping in listen the authorities's 'Make in Bharat' initiative, we will soon outset membrane polyethersulfone production at Panoli and for that we will invest Rs 500 crore. This besides shows our religion in the Indian marketplace, which will merely continue in the times alee," Das said.

Das said the new membrane grade PESU will cater to sectors such as healthcare, including dialysis treatment and pharmaceuticals, and water purification.

As you join us today from India and elsewhere, we take a favour to ask. Through these times of ambivalence and challenge, the packaging industry in India and in most parts of the globe has been fortunate. Nosotros are at present read in more than 90 countries as our coverage widens and increases in bear upon. Our traffic as per analytics more than doubled in 2022 and many readers chose to support us financially even when advertising fell to pieces.

As we come out of the pandemic in the side by side few months, we hope to over again expand our geography and evolve our high-impact reporting and administrative and technical information, with some of the all-time correspondents in the industry. If there were ever a fourth dimension to support united states of america, it is at present. Y'all tin power Packaging Due south Asia'south balanced industry journalism and aid to sustain us past subscribing.

Subscribe Now

hardydideenable94.blogspot.com

Source: https://packagingsouthasia.com/events/solvays-new-rs-500-crore-investment-in-india/

Share this post