Resin manufacturers DSM Composite Resins AG (Schaffhausen, Switzerland) and Kemrock Industries & Exports Ltd. (Vadodara, India) have signed a memorandum of understanding (MOU) to form a joint venture in India for the manufacture of unsaturated polyester and vinyl ester specialty resins. Through the alliance with DSM, Kemrock is expected to fortify its expertise in composites manufacturing and align it with global standards. DSM is expected to strengthen its presence in India.
Editor PickTeijin acquires CSP: A safer growth choice?
Teijin’s presence in Auburn Hills is clearly another step into vertical integration of the supply chain.