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Profine starts extrusion activities in India

Source:Ringier Release Date:2012-02-22 191
In line with its global expansion plans which include a focus on high growth countries, profine will open its extrusion plant by the end of 2012 under its Indian subsidiary, profine India Window Technology Private Limited. The international market leader for uPVC profiles for windows and doors has been active for more than 5 years in the Indian market under the brand name K?mmerling and is considered No. 1 amongst profile importers. Albrecht P. Lange, CSO,
Meghmani Organics Ltd (MOL) has set up a new joint venture (JV) company with Japan's Mitsui & Company Ltd and Kaneka Corporation for the production of chlorinated polyvinyl chloride (CPVC) at Dahej in Bharuch district of India with net investment of $120 million (almost Rs 600 crore). The joint venture company - Trience Specialty Chemicals Pvt Ltd - will initially produce 20,000 tonnes of CPVC annually, and targets a 2014 commercial operation. Meghmani, which is listed on the National Stock profine GmbH said that following the establishment of its own subsidiary in 2010, local extrusion is the next step. The detailed planning for the plant set-up is in progress.
www.profine-group.com
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