Nouryon Opens India Headquarters and Research Center
MUMBAI, India — Nouryon (formerly AkzoNobel Specialty Chemicals) has opened a new headquarters office and research center to support its operations in India. Located in Mumbai, India, the new location brings together research and sales as well as business support functions, and enables the company to better meet customer needs across the region.
Nouryon is significantly expanding its operations in India. Key projects include an expansion and upgrade of Nouryon’s organic peroxides facility in Mahad, which is close to completion, as well as a new monochloroacetic acid plant in Gujarat. The latter is a joint project with chemicals manufacturing company Atul, a part of Lalbhai Group, and is scheduled to start production later this year.
“India is an increasingly important market for us, and these investments clearly demonstrate our commitment to grow with our customers in the region,” said Charlie Shaver, CEO of Nouryon. “The chemical industry is regarded as a backbone of India’s agricultural and industrial development, and we see good opportunities for sustainable growth.”