Aditya Birla Group has announced a $50 million investment in a new manufacturing and research and development (R&D) center in Beaumont, Texas, just outside of Houston. The facility will focus on producing epoxy resins, which are used in a variety of consumer and industrial products.
Scott Bastion, Vice President of Sales and Marketing at Aditya Birla Group, stated, "In Beaumont, we will establish an application development center and house an R&D team. We look forward to commissioning the site in the next 15 to 20 months. This facility will also enable us to provide greener, more sustainable solutions and expand the global footprint of our epoxy business."
Aditya Birla Group currently operates in India, Thailand, and Europe. "This will be our fourth expansion for the epoxy business into the USA and the first phase of our development on a 35-acre site, with additional phases planned in the coming years," Bastion added.
Arun Venkataraman, Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service, praised the project, saying, "Aditya Birla Group's plans to establish a state-of-the-art manufacturing and R&D center in Texas is a testament to America's commitment to attracting the most innovative businesses. Their focus on greener, more sustainable solutions highlights their commitment to corporate environmental responsibility."
He continued, "Consumers are increasingly seeking eco-friendly options, and we look forward to seeing Aditya Birla Group become a local leader in the greenification of the epoxy industry." Venkataraman's comments were made during the Select USA Summit, attended by over 250 businesses from India.
HBL
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