Dow Polyurethanes to expand manufacturing capacity by 50% in India

It will also invest in new technology centre in Mumbai to accelerate innovation in the region

Last Updated : Mar 04 2017 | 11:27 AM IST

Foreseeing strong market-led growth, Dow Polyurethanes (PU) business, a part of the US-based chemicals major Dow Chemical, will expand its manufacturing base in India with 50 percent increase in the production capacity of its PU system house at Lote Parashuram (Ratnagiri, Maharashtra).

With consumer durables, infrastructure and automotive segments in India experiencing a strong growth in demand, the market for inputs materials, such as polyurethanes, is expanding at an unprecedented rate. By expanding its manufacturing capacity, Dow is aiming to corner larger share of PU market pie in the country.

In addition to capacity expansion, Dow is also investing in new technology centre in Mumbai to accelerate innovation and collaboration with its customers in the region.

Speaking about the developments, Ananth Muthupandian, business leader, Dow PU India, said, “Dow Polyurethanes is launching a new strategy called Vision 2020. It’s a vision that resonates around one key theme: enabling customer success. A direct result of this is that Dow Polyurethanes increases its presence in India. From the latest strategic developments, it is clear that we are increasing our capabilities and resources to better serve our customers, starting with adding production volumes to portfolio dedicated to our Indian customers. However, a bright future requires more than just extra volumes. It is clear that with the ever increasing sustainability requirements and consumer demands, long term success will only be possible when offering smarter solutions.”

The Dow PU product line in India consists of new products to help meet challenging customer needs across various markets such as automotive, building and construction, comfort and insulation. The key products of Dow PU India portfolio include broader areas covering comfort science, insulation science and durable science.

Dow PU business will showcase its latest innovations and offerings at the forthcoming PU Tech trade show, to be held in Noida from March 8-10, 2017.

Dow Polyurethanes develops and delivers a broad portfolio of performance products and tailor-made solutions to customers in a variety of industries, and applications ranging from energy-efficient residential and commercial construction, industrial solutions, infrastructure repair, to consumer comfort solutions in flooring, furniture, and footwear. The business provides key ingredients, fully-formulated systems and solutions for rigid, semi-rigid and flexible foams, adhesives, sealants, coatings, elastomers and binders.

Dow is the world's largest producer of propylene oxide (PO), propylene glycol (PG), and polyether polyols, and is a leading producer of quality aromatic isocyanates, such as MDI. Striving to meet the specific needs of its customers in their local geographic regions, Dow Polyurethanes operates a global network of production sites, systems houses, as well as innovation and service centres.