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DSM to build new engineering plastics plant in India

29 Mar 2007 - Royal DSM N.V. (DSM) announced that it will invest in a new plant for producing engineering plastics compounds in India, in the Ranjangaon MIDC industrial zone about 60 km from Pune. The new plant will triple the capacity for the production of Akulon® PA6, Arnite® PBT and PET and Stanyl® PA46 in India. These materials are used in manufacturing molded components for the automotive, electrical and electronics, consumer and industrial segments.
 
In the new plant DSM will apply the same high technology and environmental standards as used in its other manufacturing operations around the world. The plant will be fully equipped with best-in-class safety, health and environment compliance systems and will use state-of-the-art compounding technology. The new facility will enable DSM to meet the growing demand from the Indian market during the next few years while its design will also allow for additional capacity expansions in the future.
 
"This new investment in India is an important step forward in the context of our company strategy Vision 2010 - Building on Strengths, which emphasizes increasing our presence in emerging economies like India," said Jos Goessens, President of DSM Engineering Plastics. "We are impressed with the growth of our Indian operations. Besides meeting the growing demand from all key user segments, this new facility will further strengthen our service level to the rapidly expanding Indian automotive sector, where we create innovative solutions to help conserve precious energy. Thus the investment supports market driven growth and innovation, which is another key driver of our Vision 2010 strategy."