Eurotek India has inaugurated a new manufacturing facility dedicated to the production of furan resin and catalysts. The inauguration ceremony took place on March 21, 2025. Attendees included Bharat Gite, Director of Eurotek India and Managing Director and CEO of Taural India; Prachi Gite, Director of Eurotek India and Taural India; representatives from Thoni Alutec, Poland, including Darius Furtak and Jacek Zajac; and departmental heads from Taural India.
The Indian furan resin market has been experiencing steady growth, driven by demand in industries such as foundry, adhesives, and coatings. The market’s expansion is attributed to the increasing use of furan resins in the foundry and casting industry, growth in the construction and automotive sectors, and the adoption of furan resins for their high strength and thermal stability.
Additionally, the Asia Pacific region, including India, has dominated the furan resin market due to the availability of raw materials, rapid industrialization, increased foreign investments, and supportive government policies promoting manufacturing activities.
Eurotek India’s new facility aligns with these industry trends, potentially enhancing its role in the growing furan resin market.