Swiss masterbatch firm Granula to set up production facility in Ahmedabad

Swiss masterbatch producer Granula AG has formed a joint venture with Som Shiva Impex Ltd, the Ahmedabad-based plastics company, to produce and sell masterbatches in India. Masterbatch is a solid or liquid additive used for colouring plastics (colour masterbatch) or imparting other properties to plastics (additive masterbatch).

The joint venture, Granula Masterbatches India Pvt Ltd (GMI), will build a masterbatch production facility equipped with the latest production technology near Ahmedabad, Gujarat. GMI aims to target mainly sectors such as food packaging, medical, cosmetic and automotive in India. According to Granula, production is projected to start in the second quarter of 2017.

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