GC Celebrates allnex's New Manufacturing Facility in Mahad and Office Visit in Mumbai.
On July 25th-26th, 2024, Narongsak Jivakanun, CEO, and Rattiya Chandavasu, Senior Vice President for International Business, extended their congratulations to Ruben Mannien, Senior Executive Vice President for Asia Pacific, and Siva Iyer, Vice President of Commercial India and Subcontinent, on the launch of allnex’s new manufacturing facility in Mahad.
Being located at Mahad MIDC (Maharashtra Industrial Development Corporation) in Raigad District, Maharashtra, this new facility marks a significant development for allnex following its 2022 acquisition of a local company and the construction started in January 2024. Given its strategic importance of this facility as a hub, this expansion is set to meet the rising demand in the Indian market.
As a global leader in industrial coating resins, allnex is committed to combining advanced technology with sustainable innovations. With 34 production sites and 24 R&D centers worldwide, allnex is actively growing in high-demand regions, including new hubs in Dushan Port, Jiaxing, China; Mahad, Maharashtra, India; and future plan for Rayong, Thailand. These strategic expansions will enhance our market reach and customer proximity.
This aligns with our CEO’s vision and our Step Out strategy, which focuses on international business growth and innovation. allnex is a crucial growth driver for GC, supporting our goal to expand into high-growth sectors and the growing demand regions.
We look forward to the positive impact of these developments and the continued success of allnex in India.
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