Page 154 - CW E-Magazine (17-6-2025)

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ADVANCED MATERIALS

Aditya Birla Group acquires Cargill’s speciality

chemical unit in US

The Aditya Birla Group (ABG) has said Mr. Kumar Mangalam Birla, resins, curing agents, reactive diluents
acquired Cargill Incorporated’s 17-acre Chairman, ABG. and polyaspartic resins for the marine,
speciality chemicals manufacturing industrial coatings, and fl ooring indus-
facility in Dalton, Georgia, marking “Our growth strategy in the US is tries.
its strategic foray into the US chemi- anchored in a commitment leverage
cals sector. The fi nancial terms of the our deep manufacturing expertise to Additionally, the Advanced Mate-
transaction were not disclosed. support the revitalisation of the grow- rials business will introduce products
ing American manufacturing sector. for the automotive, renewable energy
The acquisition was made through We look forward to investing in and and aerospace industries, including
Aditya Birla Chemicals (USA) Inc., expanding this foundational facility its patented chemistries to enable
a wholly-owned subsidiary of Aditya and identifying other strategic assets recycling of epoxy composites used in
Birla Chemicals (Thailand) Ltd., and to drive growth,” he added. wind, sports goods, pressure vessels
will bolster the group’s Advanced and other applications.
Materials business. With this purchase, With this acquisition, the Advanced
ABG’s cumulative investment in the Materials business welcomes 50 “This acquisition reinforces our
US manufacturing sector now exceeds employees. The business plans to commitment to expanding our Ad-
$15-bn. expand the facility’s current capacity vanced Materials business in the US
of 16,000-tpa to over 40,000-tpa over and globally. Establishing a local pre-
“This acquisition represents Aditya the next two years, affi rming the busi- sence in the US will enable us to serve
Birla’s strategic entry into the US ness’s commitment to local operations regional customers more effi ciently and
chemicals industry, extending the and job creation. collaborate closely to develop tailored
business model of our other successful solutions,” said Mr. Rajesh Bala-
manufacturing businesses in the US, ABG will continue to manufacture krishnan, CEO, ABG – Advanced
including Novelis and Birla Carbon,” the plant’s current output of formulated Materials business.

RENEWABLE ENERGY

Epigral to double wind-solar hybrid power plant

capacity
Speciality chemical maker Epigral an energy subscription agreement and Managing Director, Mr. Maulik
Ltd. said it will more than double its and share subscription and share- Patel said.
wind-solar hybrid power capacity to holder agreement between the
38.14-MW from 18.34-MW through a two companies, Epigral said in a Epigral has announced plans to
Rs. 21.38-crore investment. statement. expand capacity for CPVC resin to
150-ktpa and epichlorohydrin to
The company will invest The capacity expansion is expected 100-ktpa. The company recently
Rs. 21.38-crore for a 26% stake in a to be commissioned by the fourth commissioned a chlorotoluene value
Special Purpose Vehicle (SPV) crea- quarter of FY26 and will help meet chain plant at its Dahej facility in
ted in partnership with Prozeal Green rising power demands from upcoming Gujarat.
Energy Ltd. to add 19.80-MW renew- projects, the company said.
able capacity. The renewable energy expansion
“The capacity expansion will refl ects the company’s strategy to secure
The strategic partnership will be important to meet our rising clean power while pursuing aggressive
be formalised for 25 years through energy demands,” Epigral’s Chairman growth in the specialty chemicals sector.

154 Chemical Weekly June 17, 2025

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