Hempel strengthens its presence with new factory in India
Hempel, one of the world’s leading industrial and marine coatings suppliers, is expanding its footprint in India. After the success of its first manufacturing facility in the country, which opened in Nashik in 2011, the Danish-based company inaugurated a new state-of-the-art manufacturing facility in Nashik.
With a production capacity of about 10 million litres per year, the new green field factory will significantly increase Hempel’s ability to serve the rapidly growing South Asian market. The new plant will mean shorter lead times for customers and will further strengthen Hempel’s presence in the region.
The new factory will manufacture paint for the marine and protective coating segments, serving customers in India, Sri Lanka, Bangladesh, the Maldives and Nepal. The facility, spread over 2 acres of land.
Pierre-Yves Jullien, President and CEO, Hempel Group, comments, “We will invest a further €2 million in a second phase capacity expansion at the Nashik site, which will help meet our company’s and our customers’ needs in the entire South Asia region by further strengthening our manufacturing capabilities and boosting our ability to serve existing and new customers.”
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