Grasim Industries expands epoxy resin capacity to 246,000 tons annually
Grasim Industries Limited, the flagship company of Aditya Birla Group, in its Chemical business formally inaugurated the expansion project of 123,000 tonnes of Epoxy resins and formulation capacity at Vilayat, Gujarat boosting the overall capacity of Advanced Materials to 246,000 tonnes per annum. The expansion marks a crucial turning point for the Advanced Material business to establish itself as a significant player in the worldwide epoxy materials market, driven by ambitious growth strategies.
While emphasizing the pivotal role that advanced materials, particularly epoxy resins, plays in propelling India’s imminent industrial growth, Mr. Jayant Dhobley, Business Head of Global Chemicals, Fashion Yarn & Insulators, Aditya Birla Group, said, “The demand for advanced materials like specialty chemicals tends to grow faster than the GDP, especially in consumption-based economies like ours. This expansion not only demonstrates the Chemical business steadfast commitment to innovation and sustainability but also reaffirms our dedication to strengthen the industrial and chemical sectors in Gujarat and throughout India.”
Acknowledging the collective efforts of employees, customers, and vendors that have contributed to the success of the Advanced Material business, Mr. Rajesh Balakrishnan, CEO Advanced Materials, Aditya Birla Group, said, “The enhanced facility aims to establish new benchmarks in operational effectiveness, integrating industry leading safety protocols and sustainable approaches such as implementing solvent-free technology, minimizing water usage and waste production, and a commitment to utilize renewable energy sources.”
