Nov. 29, 2024
On November 26, Nouryon announced the launch of its new Innovation Center and expanded office footprint in Mumbai, India, nearly doubling the previous office space to accommodate its rapidly growing Global Service Center. The Innovation Center caters to key end markets including paints and coatings, agriculture, and home and personal care. Nouryon sales and global research and development teams will partner closely with customers to provide technical support. The expanded Mumbai office space now occupies 100,000 square feet and hosts approximately 325 employees with room to grow further.
Charlie Shaver, Nouryon Chairman and CEO and Sobers Sethi, Senior Vice President Emerging Markets and China, cutting the ribbon at Nouryon's newly expanded office and new Innovation Center in Mumbai, India
″India represents a vital market for Nouryon, and the launch of our new Innovation Center and expanded office presence in Mumbai reflects our commitment to fostering innovation and growth in this dynamic region,″ said Charlie Shaver, Nouryon Chairman and CEO. ″Our strengthened presence will ensure that Nouryon remains well-positioned to drive growth both in India and globally. It will also enable us to develop and promote innovative and sustainable solutions that meet the evolving needs of customers across the Indian Subcontinent, Southeast Asia, and the Middle East.″
The Global Service Center in India includes commercial teams dedicated to business development within India and functional hubs that support Nouryon's global growth strategies. All are committed to delivering world-class services in addition to providing both local and global support.
″The establishment of our new Innovation Center in Mumbai significantly enhances our ability to deliver tailored product testing and application support to better serve the region's specific needs,″ said Sobers Sethi, Senior Vice President Emerging Markets and China at Nouryon. ″This strategic investment leverages India's vast talent pool, fostering professional growth and innovation within a dynamic, multinational environment like Nouryon. By focusing on local needs and leveraging our global expertise, we aim to accelerate growth and make a positive impact on the Indian market and beyond.″
Among other capabilities, the Innovation Center facility enables the development of water-based paints and solutions in asphalt and building and construction applications. It also focuses on powder formulations and seed coating formulations and is equipped with specialized machinery for applying coatings to seeds, enhancing their protection and performance in agriculture. In home and personal care, the Innovation Center will support advanced applications for surfactants, chelating agents, fabric softener actives, hair styling polymers, and starches.
Nouryon has operated in India since 1991 and has grown its presence to include a comprehensive Global Service Center in Mumbai that hosts a commercial team focused on key end-markets including pharma, personal care, cleaning, crop nutrition, paints, coatings, and packaging. In addition to the office and Innovation Center in Mumbai, Nouryon operates an organic peroxide production site and metal alkyls refilling station in Mahad, Maharashtra, that has been operational for more than three decades.
Nouryon is closely engaged with programs that support the local community including financial and volunteer support for differently abled children at the Sunshine School in Navi Mumbai; donations and volunteerism at Vatsalya Trust Balikashram, Mumbai; enhanced clean drinking water access in Kusgaon Village, Mahad; and the donation of an ambulance to support the health services of 60,000 residents in Mahad.
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