Aditya Birla Advanced Materials strengthens U.S. operations through Cargill facility acquisition
Specialty manufacturing facility in Dalton, Georgia, will expand the Indian conglomerate’s U.S. capacity, with plans to more than double its capacity over the next couple of years.
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Aditya Birla Advanced Materials serves industries with a robust range of portfolios for composite systems, whether by application or by chemistry, such as this epoxy preform binding solution shown here. Source |
(Mumbia), an Indian multinational conglomerate with an ever-evolving portfolio of , has announced the expansion of its U.S. Advanced Materials business with the acquisition of Cargill Inc.’s (Minneapolist, Minn., U.S.) 17-acre specialty chemical manufacturing facility in Dalton, Georgia. The acquisition continues Aditya Birla’s expansion in the U.S.’ manufacturing sector, a key aspect of the company’s growth strategy, which now totals more than $15 billion in investment.
“This acquisition represents Aditya Birla’s strategic entry into the U.S. chemicals industry, extending the business model of our other successful U.S. manufacturing businesses including Novelis and Birla Carbon,” says Kumar Mangalam Birla, chairman of Aditya Birla Group. “Our growth strategy is anchored in a commitment leverage our deep manufacturing expertise to support the revitalization of the growing U.S. manufacturing sector.”
With this acquisition, the Advanced Materials business welcomes 50 employees. The business plans to expand the facility’s current capacity of 16,000 tons per year to more than 40,000 tons over the next 2 years, affirming the business’s commitment to local operations and job creation. The acquisition was executed through Aditya Birla Chemicals (USA) Inc., a wholly owned subsidiary of Aditya Birla Chemicals (Thailand) Ltd.
According to Jayant Dhobley, business head of CFI, Aditya Birla Group, this move will strengthen cooperation with customers in developing next-generation products. Aditya Burla expects further investments at the Georgia site in the coming months and will introduce advanced technologies from the company’s global operations.
Aditya Birla Group will continue to manufacture the plant’s current output of formulated resins, curing agents, reactive diluents and polyaspartic resins for the marine, industrial coatings and flooring industries, which include epoxy resins, modifiers, curing agents and other specialty chemicals sold under the brands Chemcure, ChemMod, Altor, Acme Shield and ChemRes. Additionally, the Advanced Materials business will introduce products for the automotive, renewable energy and aerospace industries, including its patented chemistries to enable recycling of epoxy composites used in wind, sports goods, pressure vessels and other applications.
