Alok opens R&D centre masterbatches in New Delhi, India

Alok opens R&D centre for masterbatches in New Delhi, India

11:09 AM, 16th December 2015
Alok opens R&D centre for masterbatches in New Delhi, India

NEW DELHI, INDIA: Alok (formerly, Alok Masterbatches Ltd), said that it has inaugurated a technology centre, Alok Technology incubation centre (ATIC), in New Delhi.

The ATIC Lab provides a wide array of testing equipment required to drive innovation in the masterbatch industry. ATIC brings a new standard for creating customised and need-based specialty masterbatches.

“Affordable solutions do not equate with cutting costs or compromising on quality. It is through innovation and use of technology that we can customise solutions for a better world. People are moving away from low-cost solutions to value based solutions that look at safety and sustainability. We are better positioned than ever before to play a significant part in this journey,” said Vikram Bhadauria, director, Alok.

ATIC will be accessible to all customers and suppliers of Alok and the academia - the guiding philosophy behind setting ATIC is to co-create solutions that allow plastics to be safer, sustainable and affordable.

“ATIC is an opportunity to create novel solutions that address real life needs of our customers. The centre also welcomes academia and students focussing on polymer studies to use ATIC and challenge the status quo,” said Amit Puri, director, international sales and marketing, Alok.

While ATIC is a significant investment, the team is positive about creating breakthroughs in polymer industry in the coming years, said Alok in a press statement.

With four plants in India and one in Paraguay (South America), Alok has one of the largest additive masterbatch portfolio and the widest range of filler masterbatches. Alok’s industry leading solutions and innovations such as anti-microbial applications, insect control, x-ray detectable plastics continue to contribute to the growing needs of the plastic industry.

© Business Standard News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Honeywell acquires research chemicals business from Sigma-Aldrich

MORRIS PLAINS, US: Honeywell International Inc said that it has acquired Germany-based laboratory research chemicals business from Sigma-Aldrich Corp, ...

Read more
Inovyn to close chloromethanes plant in UK

LONDON, UK: Inovyn, a JV of Ineos and Solvay, said that it will close its new chloromethanes operations strategy in response to the decline in Europea ...

Read more
Neste, Veolia & Borealis JV for new heat and power plant in Finland

PORVOO, FINLAND: Borealis AG said that it has agreed with Neste Corporation and Veolia Environnement SA to create a joint venture company to build a n ...

Read more
Petronas appoints Binti as new CFO

KUALA LUMPUR, MALAYSIA: Petronas Chemicals said that it has appointed Rashidah Binti Alias (43) as chief financial officer (CFO). Since joining Petro ...

Read more
Shell and CNOOC to expand petrochemical complex in China

GUANGZHOU, CHINA: Shell Nanhai BV said that it has signed a heads of agreement (HOA) with China National Offshore Oil Corporation (CNOOC) to expand th ...

Read more
Technip bags subsea deep water contract in Gulf of Mexico

PARIS, FRANCE: Technip SA said that it has been awarded a lump sum contract by Deep Gulf Energy II LLC, for the development of the Odd Job field. This ...

Read more