Bosch will invest an unspecified but ‘considerable amount’ of EUR 100m in a new domestic refrigerator production site here.
Dow Polyurethanes’ strategy in India, Middle East and Africa is to move further up the value chain with investments in systems houses,
Hennecke sales are growing at about twice the rate of the Indian polyurethane market and the firm is expanding sales into Bangladesh and Sri Lanka.
VKC Group, which claims to be India’s largest footwear firm is to to double capacity at its plant in Bangladesh.
Surging application of PU in automotive, slab stock, footwear and appliances markets is likely to double consumption in India in next five years.
Hennecke is expanding its presence in Asia with an office in Japan and a third site near Shanghai.
Indo-German joint venture Harita Fehrer is opening a new automotive seating plant in Bhiwadi, Rajasthan to supply northern India’s OEMs.
India’s largest PU foam manufacturer Sheela Foam expects to invest INR 1bn ($13.5 m) to build two new sites in the next couple of years and expand production.
Rapidly growing polyurethane consumption is driving rapid growth for Wanhua in India and there is potential for more, said a senior manager at the company at a meeting here.
Expanded Polymer Systems is expanding hybrid polyol capacity in Gujarat by 9 kT/year by the end of 2019.