Initially, the plant will focus on manufacturing unsaturated polyester resins for wind turbine, glass-reinforced pipe, engineering stone, chemical equipment, automobile and general-purpose sectors, according to the company. The facility is designed with a planned annual production capacity of 13,200 metric tons.
The site, one of 19 Reichhold manufacturing facilities and four technology centers around the world, further strengthens the company’s global presence with “entry into this large and rapidly growing market,” according to Reichhold.
“As the leading global player in composite resins, we want to be part of India’s growth by bringing international quality products to match local needs,” said John Gaither, chairman, president and CEO of Reichhold Industries Inc. “With this plant in India, we will further strengthen our offerings to the global market.”