Rallis inaugurates polymer facility at Ankleshwar

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Surat, Oct 13 (UNI) Rallis India Limited, a TATA Enterprise and a leading crop protection chemicals player in India, today inaugurated its high-end application polymer plant for Poly Ether Ketone Ketone (PEKK) at Ankleshwar in South Gujarat.

The state of the art facility was inaugurated by Mr R Gopalakrishanan, Chairman, Rallis India Limited.

Situated in Southern Gujarat, the new facility is housed within the existing manufacturing complex, spreading over a total area of 69,000 square meters. The factory will initially start with an annual manufacturing complex, spreading over a total area of 69,000 square meters and an annual manufacturing capacity of 1,00,000 kilos of PEKK, with an export value of Rs 400 crore over five years.

Speaking at the inauguration, Mr R Gopalakrishanan, Chairman, Rallis India said, ''This initiative reinforces our commitment to expand our horizons in the portfolio and grow our business. The opening of the new manufacturing facility further highlights the strong relationship existing with our international alliances in the contract manufacturing space.'' Mr V Shankar, Chief Executive Officer and Executive Director, Rallis India Limited said, ''This initiative is part of our long term growth strategy in consciously investing and exploring adjacent business thereby creating a balanced portfolio which until now was largely focused on agrochemicals. The investment in PEKK is a step in this direction, as we strengthen our relationship with Cytec Engineered Materials and also become an important part of the supply chain for aerospace applications.'' UNI XR-HT SR VKG2049

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