Aditya Birla Group has announced a $50 million investment in a new manufacturing and research and development (R&D) center in Beaumont, Texas. This facility will focus on producing epoxy resins, widely used in various consumer and industrial products. The site will feature an application development center and house an R&D team, with commissioning expected in the next 15 to 20 months. The initiative aims to introduce greener and more sustainable solutions while expanding the global footprint of Aditya Birla’s epoxy business.
This expansion marks the group’s fourth venture into the USA, adding to their existing foundations in India, Thailand, and Europe. The new facility is part of the first phase of development on a 35-acre site, with plans for additional phases in the coming years. Aditya Birla Group has invested over $15 billion in American businesses, establishing itself as the largest Indian investor in the United States. The new Texas facility will bolster the Advanced Materials business’s leadership in epoxy products, complementing existing centers in Thailand, India, and Germany that serve customers in over 65 countries.
Kumar Mangalam Birla, Chairman of Aditya Birla Group, highlighted the strategic importance of this expansion in the Americas, emphasizing the company’s commitment to supporting the revitalization of the American manufacturing sector and serving local communities. Arun Venkataraman, Assistant Secretary of Commerce for Global Markets, praised the group’s commitment to sustainable and innovative manufacturing solutions, recognizing their role in advancing corporate environmental responsibility.
Source: Business Standard