Gujarat plant to supply adhesives to industries

Bostik, the Specialty Adhesives business line of Arkema (Paris:AKE), has opened a new facility in Gujarat, for the Indian and export markets.

Opened on 11 October 2017, the new plant is for expanding further from existing plant in Bangalore for adhesives demand in industrial markets.

The new facility will produce advanced hot melt pressure sensitive adhesives (HMPSA) for a number of industrial sectors such as flexible lamination, transportation and footwear production.

The production will also be exported.

Vincent Legros, Bostik CEO said, “Geographic expansion and investment in lead technology platforms such as the hot melt pressure sensitive adhesives manufactured here are central elements of our growth strategy.”

Bostik has been active in India since 2001 where it manufactures a range of adhesives and related products for the industrial and construction sectors.

The new plant in India represents the latest milestone in Bostik’s international expansion following recent plant openings and extensions in Malaysia, the Philippines and Sweden.

From cradle to grave, from home to office, Bostik’s smart adhesives can be found everywhere.

With annual sales of €1.95 billion, the company employs 6,000 people and has a presence in more than 50 countries. fii-news.com