Ion Exchange (India) Ltd has set up a new Research and Development (R&D) facility in Hyderabad. Located at Patancheru, the facility has been set up with an investment of Rs 30 crore.
Speaking to reporters, Rajesh Sharma, Chairman and Managing Director, Ion Exchange, said, the facility, which has 45 researchers already working, will further strengthen the company’s chemicals, resins and membranes business in India and globally.
Ion is a Mumbai-based water and environment management solutions provider. Giving more details about the new facility, Sharma added: It will develop new resins, membranes, polymers and speciality chemical technologies related to water, waste water treatment, process separation and purification.
Ajay Popat, president, Ion Exchange said, “Many of the these products are import substitutes with very large potential for enhancing company’s exports.”
The microbiology lab within the centre will lay emphasis on enzyme research and application especially for the textile, food and beverage industries.
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