Baerlocher- a leading global manufacturer of additives for the plastics industry, is investing $30 million in its Indian subsidiary for doubling its existing capacity by 2021. As per the schedule, phase one is due for completion by mid-2019 which includes a new warehouse and an immediate increase to its lead and calcium-based stabilizer production capacity.
The company believes this investment demonstrates its commitment to the buoyant Indian plastics industry, supporting its growth and providing choice for convertors to enable their transition towards sustainable Calcium based stabiliser systems for all PVC applications.
The investment will add new production lines for metal stearates coming onstream in 2021 to serve captive demand for PVC stabilisers and to support sales of metal soaps to other industries. Not only this but warehousing facilities and a state of the art research and development laboratory will also be established.
The latest acquisition of 25 acres of land adjacent to the current facility will mark the footprint for the upcoming phase of expansion which accounts for a world-class manufacturing facility dedicated to the production of Calcium based stabilisers and metal stearates only.
Jayen Modi, The Managing Director of Baerlocher India says, “With the demand for PVC in India growing annually by 7-8 per cent, driven by growth in agricultural and infrastructure sectors, this investment shows our commitment to our customers and supports the country’s ‘Make in India’ programme”. He further added “With our new capacity in 2019, we will remain as a reliable supplier of non-dusting Lead stabilisers and Liquid mixed metal stabilisers with room to grow further in these sectors, however, a range of exciting new product forms for Calcium based systems will be available to our customers for the first time in mid-2019”
The CEO of the Baerlocher Group of Companies, Arne Schulle commented, “The pressure upon the plastics industry to find environmentally sustainable solutions extends to all corners of the globe.”
Baerlocher’s plant in Dewas, near Indore in Madhya Pradesh, was purchased in 1999 from National Peroxide, marked the beginning of the Baerlocher Group of Companies presence in India and since then the company expanded and now owns the most diverse range of products for all PVC as well as CPVC applications.