Ashland and Reichhold Each Invest in Polyester Resins in India

Ashland and Reichhold each announced separate plans to build facilities in India for unsaturated polyester resins used in composites and other industries. Neither company disclosed investment or capacity details. Swartzlander: Strategic location. Ashland says it has agreed to acquire a 25-acre property at Jhagadia, in the Indian state of Gujarat, to build a “world-class” production site. The plant will be focused on resins for the composites and metal casting consumables industries, the company says. Ashland expects to complete the property...

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