LyondellBasell expands capabilities in India's automotive plastics market

  • 06-Oct-2015 03:04 EDT
LyondellBasell_Toyota_Auris_2010.jpg

The Aurangabad facility will produce LyondellBasell's Hostacom glass fiber-reinforced, mineral filled and unfilled colored grades as well as Hifax high impact thermoplastic olefins. Toyota’s Auris model (pictured), for example, features instrument panels produced using LyondellBasell’s Hostacom resins. (Courtesy: Toyota)

LyondellBasell recently acquired SJS Plastiblends Pvt. Ltd., advancing its position in India’s expanding automotive market. LyondellBasell announced in August a definitive agreement to acquire SJS, a polypropylene (PP) compounds manufacturer located in Aurangabad, Maharashtra, India. “This acquisition underscores our strategy of investing in growth projects that provide a competitive advantage in targeted markets and a strong return on assets,” said Bhavesh (Bob) Patel, CEO and chairman of the management board of LyondellBasell.

The Aurangabad compounding plant has an annual production capacity of approximately 12,000 t (13,225 ton). In addition to the already existing product lines, the facility will produce LyondellBasell's Hostacom glass fiber-reinforced, mineral filled and unfilled colored grades as well as Hifax high impact thermoplastic olefins. These products are used in the manufacture of automotive parts and other applications. LyondellBasell has supplied the Indian market through imports and tolling arrangements since 2009.

Author:
Sector:
Topic:
Mentions:
Share
HTML for Linking to Page
Page URL
Grade
Rate It
1.00 Avg. Rating

Read More Articles On

2016-04-20
Carbodeon has developed a new additive for fluoropolymer coatings, based on its uDiamond NanoDiamond technology. It targets solvent-based coatings used across multiple industries including automotive, aerospace, and industrial.
2016-04-10
The two European companies are collaborating in a study to achieve solutions that could herald a much wider role for plastic composites across transmission applications, including housings and gear teeth.
2016-04-27
Take-it-to-the-limit testing is typically reserved for vehicle development teams, but Jaguar's route and the sensational topography clearly gave Automotive Engineering good insight into F-Pace's dynamic capabilities and its four-year development.
2016-05-19
General Motors intends to transform materials-joining technology with a new multi-patented process for spot-welding steel to aluminum

Related Items

Training / Education
2013-04-09
Training / Education
2013-04-09
Training / Education
2013-04-09
Training / Education
2013-04-09
Standard
1996-12-01
Book
2004-01-01
Training / Education
2013-04-09