Henkel to invest 50 million euro more on Pune manufacturing plant

Henkel Adhesives Technologies has announced the unveiling of its new production facility in Kurkumbh near Pune.

The company, a wholly-owned subsidiary of Henkel AG & Co KGaA, has invested about 50 million euro (approximately Rs 400 crore) on the manufacturing unit and intends to invest another 50 million euro over the next five years.

This was revealed by Jan-Dirk Auris, Member of the Management Board and Executive President, Adhesive Technologies Business Unit, Henkel AG & Co KGaA.

With total investments of 100 million euro, the management aims to serve the growing demand of India industries for high-performance solutions in adhesives, sealants and surface treatment products.

Henkel Adhesive Technologies is in to adhesives, sealants and functional coatings. The business unit serves around 1,30,000 customers in over 800 industrial areas.

Image Credit : eqmagpro.com

Research Desk

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