A leading Indian polymer emulsions manufacturing company has opened a new plant in the UAE, the region's largest such unit, and is set to begin commercial production from next month.
Visen Industries Limited's plant in Hamriyah Free Zone was inaugurated by Sheikh Khaled bin Abdullah bin Sultan Al Qasimi, Chairman of the Department of Seaport and Customs, Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone.
"Our plant in Hamriyah Free Zone Authority (HFZA) is our first one in the Middle East and we seek to meet the increasing demand of this growing market by taking advantage of the facilities provided by HFZA," Vijay S Nair, Managing Director of Visen Polymers was quoted as saying by the state- run WAM news agency.
The USD 51 million plant has a total land area of about 78,000 square meters with a capacity of 120,000 metric tons per annum, region's largest polymer emulsion plant, he said.
"The plant also has a well-defined Effluent Treatment Plants facility to take care of environmental aspects and the effluents generated are treated and used in the process. In addition, it also has direct pipeline connection to the port and adequate storage tanks to store monomer and finished products within the plant," Nair said.
"Visen's HFZA facility has adequate land available for expanding our capacity to 300,000 metric tons per annum which we plan to accomplish in the next three years," he said.
Visen is the market leader in India with regular customers like Asian Paints, Berger Paints, Kansai Nerolac and Jotun Paints.
