Additional investment of 50 million euros  29 Oct 2020, Altair launches high-fidelity material database for simulation. Team Autocar Professional The Japanese company’s functional materials division will merge the new business with its existing electronic material products line, which includes micro-electromechanical system (MEMS) resists, LCD sealants, epoxy resins for epoxy mold compounds (EMC) and acrylates for solder resists in circuit board technologies. “Our trusted brands and leading solutions based on our unmatched portfolio of 40 technologies create sustainable value for our customers. Nilesh Wadhwa The new facility is equipped with technologies to ensure traceability and transparency by ensuring built-in quality. Download Center. According to Henkel, the new Kurkumbh site also meets the highest standards of sustainability. Please click here to continue without javascript.. Designed as a smart factory with a high level of process automation, it enables a wide range of Industry 4.0 applications. How can we encourage a responsible approach to plastic? The state-of-the-art facility admeasures 100,000 sq m and has a built-up area of 51,000 sq m, which Henkel reports makes it India’s largest adhesive manufacturing site. "Our trusted brands and leading solutions based on our unmatched portfolio of 40 technologies create sustainable value for our customers. We keep you posted - Subscribe to the CHEManager International newsletter here! Your comprehensive buyers’ guide for raw materials, distributors, equipment, services, and finished adhesives and sealants. The company today announced plans for a similar big-ticket investment towards further expanding the facility. With the new investment of Rs 400 crore (50 million euros), Henkel's investment in its Kurkumbh plant stands at Rs 800 crore. According to him, when it comes to adhesive technologies, new business takes time to establish as replacing a process or technology with an advanced adhesive product requires customised solutions and numerous safety checks. Phase 3 and 4 of expansion at the new Kurkumbh facility will see an additional investment of around 50 million euros (Rs 400 crore). The transfer of the business is expected to take place in March 2020. Company profile. “The business fits perfectly into our electronics materials business line. Speaking at a media meet in Mumai today, Jan-Dirk Auris, member of the management board and executive vice-president, Adhesive Technologies Business Unit, Henkel said: "India is one of the most important emerging markets with tremendous growth opportunities for our adhesives business. Press Releases & Kits. Explaining further, Auris mentioned how Henkel was providing an adhesive solution to the aviation sector, which took around 6-7 years of development between finding the use-case and developing a custom product offering. Read all about packaging, from formulating packaging adhesives to choosing the best packaging option for your product. With a total investment of about €50 million (approximately $54.7 million), the business unit will serve the growing demand of Indian industries for high-performance solutions in adhesives, sealants, and surface treatment products. Press. This issue also includes the 2020 Raw Materials and Chemicals Overview in this issue, so be sure to check it out! With the launch of this state-of-the-art, multi-technology manufacturing facility, we have created capacities to meet the demands for our high impact solutions in this dynamic market. Under the terms, Nippon Kayaku will acquire sales and operations in Japan and overseas, except in China and Taiwan, where the businesses will be taken over by Kayaku Chemical (Wuxi) and Taiwan Nippon Kayaku, respectively. Around 10 percent of the power is generated through solar energy with more renewable energy utilisation also being planned, and 16 percent of water also coming from rainwater harvesting. Design, CMS, Hosting & Web Development :: ePublishing, This website requires certain cookies to work and uses other cookies to help you have the best experience. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. This mid-month issue packs a punch with its all-encompassing content from market trends to new vehic... Royal Enfield to launch new Meteor 350 on November 6, MG Motor India, Tata Power install first 50kW DC fast charging station in Nagpur, Hyundai Motor India invests additional Rs 150 crore in Tamil Nadu. In fact, using adhesives can vehicles shed weight by up to 15 percent. “We are also looking forward to new opportunities through existing product line synergies, along with new product developments, while utilizing channels from both the Nippon Kayaku Group and Henkel and our expansion plans to become an advanced semiconductor materials supplier to achieve our FY2025 goal,” the CEO added. by In fact, in terms of sustainability, the factory has been awarded LEED Gold Certification by the US Green Building Council based on a holistic energy efficiency concept. Henkel Timeline. “India is one of the most important emerging markets with tremendous growth opportunities for our adhesives business,” said Jan-Dirk Auris, executive vice president, Henkel Adhesive Technologies. Henkel opens phase II of Kurkumbh plant, plans additional 50m euro investment. Responding to a query on further expansion plans, Auris said that Henkel has planned Phase 3 and 4 for the new Kurkumbh facility, which will see an additional investment of around 50 million euros (Rs 400 crore). Henkel Adhesive Technologies India Pvt. We have application experts across manufacturing industries worldwide and work closely with our customers and partners.". It will further increase the company’s capabilities to serve customers across various markets, including flexible packaging, automotive, agriculture and construction equipment, general industry, and metals. The adhesive business mainly finds application in the automotive and electronic market. Henkel Adhesives Technologies has officially opened a new production facility in Kurkumbh, near Pune in India (c) Henkel, BASF to Take Henkel’s Construction Chemicals, GCP Applied Technologies Buys Stirling Lloyd, Kaneka Aerospace Takes Henkel’s Composites. Shilip Kumar, president, Henkel India said: "We will continue to invest in local manufacturing, as it gives our Adhesive Technologies business in India a strategic advantage. You must have JavaScript enabled to enjoy a limited number of articles over the next 30 days. Henkel Adhesives Technologies has officially opened a new production facility in Kurkumbh, near Pune in India (c) Henkel. By closing this message or continuing to use our site, you agree to the use of cookies. By closing this message or continuing to use our site, you agree to the use of cookies. “India is one of the most important emerging markets with tremendous growth opportunities for our adhesives business,” said Jan-Dirk Auris, executive vice president of Henkel Adhesive Technologies. In separate news, Henkel Adhesives Technologies has officially opened a new production facility in Kurkumbh, near Pune in India. Henkel Adhesives Technologies recently announced that it has officially inaugurated its new production facility in Kurkumbh, India, near Pune. For the first time, as a global pilot in Henkel, the site has implemented deep integration of process automation with Smart Factory (Industry 4.0). Henkel Adhesives Technologies India, a wholly-owned subsidiary of Henkel, Germany, has announced the unveiling of its second phase of its production facility in Kurkumbh, Maharashtra. “The acquisition of the business will bring a significant benefit to Nippon Kayaku,” said Yukio Tachibana, head of the functional chemicals unit. Visit our updated, Raw Materials, Chemicals, Polymers and Additives Handbook, New Henkel Facility in India Leads the News, DIXON VALVE OPENS NEW MANUFACTURING AND WAREHOUSE FACILITY IN HOUSTON, Scapa Healthcare Opens New Medical Device Manufacturing Facility in Knoxville, INTERPOLYMER GmbH Opens New Acrylic Polymers Manufacturing Facility in China (4/1/09). Social Engagement. As regards global megatrends of electrification, connected, shared and new business opportunities, Kumar believes that "new opportunities are as much as one can think." Many kinds of cleaners are used in the production of LCD panels and cleaning for semiconductor wafers is critical in electronics production. Following the initial investment of around 50 million euros (Rs 400 crore) in the new facility that will help meet demand for high-performance adhesives, sealants and surface treatment products in India, the company today announced plans for a similar big-ticket investment towards further expanding the facility. The end-to-end digitalization of the plant operations also ensures digitized workflows for a high manufacturing efficiency. Mahindra Electric targets last-mile delivery business, launches TreoZor 3W at Rs 273,... Repos Energy launches India’s first double-dispenser mobile fuel pump. Sustainability. Tell me how we can improve. The plant deploys closed material handling systems and high level of process automation. By visiting this website, certain cookies have already been set, which you may delete and block. I want to hear from you. Advertising Opportunities Print, Digital & Content Solutions. The Kurkumbh manufacturing site is a very important milestone of Henkel's journey in India. 04 Feb 2020. As market leaders in this industry, our focus is to offer high impact solutions to our customers and thereby convert latent market potential into profitable growth.".