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Home arrow News arrow Auto component arrow Machino Polymers & Borouge come closer to target Indian automotive industry
Machino Polymers & Borouge come closer to target Indian automotive industry Print E-mail
Written by Satish   
Wednesday, 01 July 2009
New Delhi: In order to enhance the supply of advanced polypropylene (PP) materials to the Indian automotive industry, Borouge is working towards a closer co-operation with Machino Polymers Limited, a leading supplier of PP compounds to the automotive industry in India.

"This alliance towards a closer work relationship sits well in our overall growth strategy. By leveraging our respective competencies and maximising our resources we are confident the resulting synergies will ensure we are able to meet the developing needs of India’s growing automotive requirements," said Arjun Jindal, Executive Director of Machino Polymers.

"The scope of our ongoing discussions is to improve the capability of both companies in India," he added.

Machino Polymers, with an installed capacity of 40,000 tonnes per year at its 5 acre plant in Gurgaon, Haryana, plans to be multi location with facilities coming on line in Pune and in Chennai within the next financial year. By becoming a regional supplier to their customers the company will be even closer to meet their individual requirements.

The co-operation encompasses the use of Borealis’ proprietary Borstar® technology resins to manufacture high performance, specialty polypropylene compounds in accordance with Machino Polymers’ compounding technology. The Machino Innovative Research Applications Centre (MIRAC) is recognized by the Indian Government’s Department of Science and Technology (DSIR).

Borouge is a joint venture between Borealis, a leading provider of chemical and innovative plastics solutions and a major supplier of plastics solutions to the global automotive industry, and ADNOC (Abu Dhabi National Oil Company), one of the world’s largest oil and gas companies.

High performance polypropylene compounds are used in the production of exterior and interior automotive components, including bumpers, instrument panels, door trim panels and other interior applications. The cooperation will facilitate the introduction of innovative automotive applications into the Indian market as well as new technology and cost-saving solutions originally developed by Borealis for the European market to support India's increasing demand for automobiles.

"The demand for vehicles is soaring in India and Borouge is pleased to be able to evaluate these exciting opportunities together with Machino Polymers," adds Pushp Raj Singhvi, Borouge’s Regional Manager for the Indian Sub-Continent. "Borouge benefits from Borealis’ extensive experience in developing high performance, cost-efficient solutions for the automotive industry and we will now be in a position to extend these advantages to this important market now and in the future."

"This is a significant step in Borouge’s strategy to be a reliable and responsive partner for the expanding Indian automotive industry,” says William Yau CEO of Borouge’s Marketing Company. “In conjunction with our compounding plant in Shanghai, China, this cooperation enhances our ability to develop value creating partnerships throughout the Asian automotive industry further."

 
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