AkzoNobel and Atul have signed a Letter of Intent to explore the feasibility of setting up a manufacturing joint venture for the production of monochloroacetic acid (MCA) in India.
Amfico Agencies Pvt. Ltd. announced a new agreement with Advanced Polymer Coatings Inc. (APC), based in Avon, OH, for marketing representation of APC’s ChemLine® coatings for the market in India.
Perstorp has signed a memorandum of understanding (MoU) with Maharashtra Industrial Development Corp. (MIDC) that initiates the process of evaluating an investment in a new world-scale production plant for Penta in India.
Axalta Coating Systems is expanding its presence in India with investments that will enable the company to double production capacity and construct an automotive OEM coatings development laboratory at its operations center in Savli in Gujarat State.
Union Colours is continuing to expand activities in India, both as a supplier of organic pigments from the company’s Chinese and South African manufacturing facilities, and also as a consumer of Indian pigment intermediates.
According to a new report by research firm RNCOS, the industrial paint market in India is growing at a high rate backed by a boost in demand for automobiles.