PPG
Glass fibre joint venture in India / US company's first manufacturing venture on the sub-continent
US coatings and specialty chemicals manufacturer PPG (Pittsburgh, Pennsylvania; www.ppg.com) has tentatively agreed to form a joint venture with Indian company Harsha Exito Engineering (Chennai; www.harshaexito.com) to produce and sell glass-fibre reinforced products in the state of Tamil Nadu. Product is to be sold within India. A final transaction is subject to due diligence and further negotiations, the US company said.

According to Thomas Kerr, PPG vice president, fiber glass, the projected expansion of the Indian economy will help drive demand for glass fibre in such end-use applications as infrastructure, transportation and wind energy. PPG does not currently produce glass fibre in India; however, it does export to the region.
01.09.2011 Plasteurope.com [220238-0]
Published on 01.09.2011
PPG: Glasfaser-Produktion mit indischer Harsha ExitoGerman version of this article...

© 2001-2025 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2025 by Plasteurope.com, Bad Homburg
Date of print: 28.04.2025 17:07:17   (Ref: 923374031)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp