Elementis Specialties India Private Limited invested 132.05 crores in a breakthrough Speciality Chemicals Project in Panvel, Raigad, Maharashtra, positioning it for development. Elementis's strategic move strengthens its position in the Indian market and advances the state's industrial landscape.
LTOTs, thickening agents used in paints, coatings, lubricants, and cosmetics, are Elementis' specialty. These compounds are desirable additions due to their high shear thinning and self-lubrication. Elementis wants to be India's top LTOT manufacturer to fulfill growing demand across industries.
This project's Production Powerhouse has a 5000-TPA capability. Imagine shiny reactors producing these essential chemicals to improve a variety of regional goods.
As Elementis integrates cutting-edge technology and sustainable practices, technology and innovation take center stage. Visualize elegant robots and automated processes that collaborate with nature to maximize output and environmental responsibility.
This initiative enhances Maharashtra's status as India's industrial powerhouse. The investment draws further partnerships and investments, highlighting Maharashtra's industrial competence. Planning, permissions, and land purchase are underway. Construction is nearing completion. Stay tuned as Elementis Specialties' innovative initiative shapes Maharashtra's specialty chemical future.
News by Rahul Yelligetti