MOSCOW (MRC) -- Bostik, the Specialty Adhesives business line of Arkema, continues to expand its manufacturing capacities with the opening of a new facility in Gujarat, as per Arkema's press release.
Together with its existing plant in Bangalore, the new plant will serve the fast growing demand in India for adhesives in industrial markets.
The new facility will produce advanced hot melt pressure sensitive adhesives (HMPSA) for a number of industrial sectors such as flexible lamination, transportation and footwear production. It will support the strong growing demand for its products in both India and export markets.
With state-of-the-art equipment, the plant employs the latest manufacturing techniques to ensure the highest levels of safety, quality and efficiency together with reduced production cycle times.
This investment will enable Bostik to continue providing high levels of services to its growing customer base in the region.
As MRC wrote before, on 2 February 2015, Arkema finalized the acquisition of Bostik, the world's No. 3 in adhesives. With this acquisition, the group reached a new milestone in its development, and confirmed its ambition to become a world leader in specialty chemicals and advanced materials.
Bostik develops high-performance and high-value-added bonding and sealing products for the nonwoven, industrial, construction, and consumer markets. Bostik employs about 4,900 people across 48 production facilities - 18 in Europe, 10 - in North America, 8 - in Asia, 6 - in Australia and New Zealand, 2 - in Africa, and 4 - in South America.
Arkema is a leading European supplier of chlorochemicals and PVC. Kynar and Kynar Flex are registered trademarks of Arkema Inc.
MRC