PolyOne Corporation, a global specialised polymer provider, is expanding its operations in India with a new Pune facility.
The plant will manufacture speciality materials including solid masterbatch, liquid colorant and additives, with development labs and a sales and customer service centre for the region onsite.
Vikas Vij, managing director of PolyOne’s operations in India, says, “We will offer customers in India an even broader array of solutions and improved delivery times.
“Demand for advanced specialty solutions in India is increasing – particularly in packaging, automotive, wire and cable and healthcare – and our expanded presence will position PolyOne to collaborate with and serve our customers.”
Robert Patterson, executive vice president and chief operating officer, adds, “Consistent with PolyOne’s globalisation strategy, our investment in India augments other recent announcements including a new joint venture specialty colorant facility in Jeddah, Saudi Arabia, and plans to begin thermoplastic elastomer production in Sao Paulo, Brazil.
“PolyOne remains committed to making investments that allow us to innovate, collaborate and best serve our customers around the world.”
The company, which also has operations in China, Indonesia, Japan, South Korea, Taiwan and Thailand, expects the Pune facility to open in the first quarter of 2014.
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