Vice President of the company, says the
growth and development of the Indian market is a good fit for the growth of
Rohm and Haas. "We are recording sales growth in excess of 30 percent per
year for our products, within a market that is seeing 9 percent GDP growth
overall," he says. "The underlying factors that support this growth - a
strong housing and construction market, increasing consumerism and a retail
boom and an increasing demand for products that are safer and better for
the environment than existing technology - are expected to remain strong.
This should enable us to continue to record sales growth of twice that
growth of GDP in India - or greater - for several years to come."
Brondeau also noted that the company is seeing good growth prospects
for products that are imported into the Indian market as well, particularly
ion exchange resins, biocides, and SMARTFRESH(TM) products which help
extend the freshness of fruits and vegetables.
Quick Facts about the Chennai Facility:
-- Initial capacity of 30,000 to 40,000 metric tons of materials used in
paints and coatings and other emulsion polymer applications like
adhesives, textile chemicals, paper and leather;
-- "Zero discharge" facility, in full compliance with stringent local
guidelines as well as Rohm and Haas's global standards;
-- Strategically situated to serve customer needs in fast growing southern
Indian markets;
-- First new Rohm and Haas plant to come on-stream with '21st Century
Manufacturing' and other best practices in place;
-- Located on a 16-acre site at the Sriperumbudur industrial area near
Chennai, on the Bangalore highway, and 85 km. from the international
seaport at Chennai.
About Rohm and Haas Company
Leading the way since 1909, Rohm and Haas is a global pioneer in the
creation and development of innovative technologies and solutions for the
specialty materials indu
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SOURCE Rohm and Haas Company Copyright©2007 PR Newswire. All rights reserved | |
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