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 PickŞişecam invests in new glass fiber plant in Turkey
The new plant, which will have an annual production capacity of 70,000 metric tons, is expected to become operational in the second half of 2018.