Styrolution inaugurates new styrene acrylonitrile unit in Gujarat
Investment supports rising demand for Absolan, Styrolution's styrene acrylonitrile copolymer (SAN) brand, in key growth industries in India
BS B2B Bureau B2B Connect | Vadodara
Investment will support the rising demand for Absolan in key growth industries in India. Projected growth in domestic markets for household, electronics and automotive (particularly in the two-wheeler segment) is expected to increase the demand for high-performance styrenic specialties like Absolan.
The new Absolan line augments Styrolution’s current 60,000 mt production capacity in India bringing the total annual production capacity to 100,000 mt. The new line reinforces Styrolution’s commitment to offering customers secure, local sourcing options and greater supply choice for high-performance styrenics.
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Roberto Gualdoni, CEO, Styrolution, said, “India is one of the key strategic markets in Asia where Styrolution plans to accelerate growth and expand its footprint. This new line enhances Styrolution’s capability to offer customers the high-performance styrenic specialities with the product and service quality they have come to expect. Ultimately, the expanded capacity paves the way for further growth together with our customers in India.”
Myungseok Chi, Managing Director, Styrolution ABS (India) Limited, added, “This new Absolan line design offers excellence in operational and process safety by incorporating the experience and best practices gleaned from throughout Styrolution’s global production network. The expansion in production capacity will enable us to better support the success of our customers in India by providing them the best solutions and a stable local supply, therefore creating greater value for their business.”
Styrolution ABS (India) Limited is one of the leading suppliers of ABS and SAN in India with three manufacturing facilities located in Gujarat at Nandersari, Katol and Moxi, respectively. ABS is a styrenics copolymer used for manufacturing plastic components for a wide range of applications, with a major focus on automotive, household appliances, electronics, etc. SAN is a transparent styrenics copolymer used mainly in applications including household appliances, imitation jewellery, etc.
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First Published: May 09 2014 | 5:52 PM IST