Runaya and ECKART Announce Partnership
Image courtesy of ECKART.
ECKART, a global manufacturer in the effect pigment market headquartered in Germany, has entered into a joint venture agreement with Runaya, an India-based pioneer in sustainable manufacturing. Runaya collaborates with global technology leaders across its product portfolio.
The joint venture will establish a new facility in Orissa, India, to produce some of the most sustainable spherical atomized aluminum granules. These products are in high demand both in India and global markets. The granules are used in high-end applications, including aerospace, solar panels, and high-value effect pigments.
At the heart of the strategic alliance is a commitment to fostering sustainability. The joint venture will utilize recycled aluminum and renewable energy sources for production. This initiative will serve the growing Indian market while leveraging India’s position as a global hub for cutting-edge manufacturing solutions.
Runaya and ECKART have also signed a memorandum of understanding to manufacture high-quality aluminum pigments.
“The success story that Runaya has written by establishing sustainable production processes is impressive. By pooling our expertise in the growth market of India, we want to drive innovation and create long-term value for our customers,” said Dr. Christian Przybyla, president of ECKART.
“This partnership is a game-changer in our pursuit of a circular economy,” said Naivedya Agarwal, managing director and co-founder of Runaya. “It not only transforms the aluminum industry but also showcases the power of global alliances in addressing environmental challenges. By redefining the aluminum powder segment, we are setting a new global benchmark for green manufacturing.”
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