Aditya Birla Group To Funnel USD 50 Million in Manufacturing

Aditya Birla Group has declared a $50 million investment in a manufacturing and research and development (R&D) facility in Texas.Scott Bastion, the firm's Vice President of Sales and Marketing, announced that the firm will invest $50 million west of Houston in Beaumont, Texas, to make epoxy resins for a variety of consumer and applications in industry.

"In that site, we will have an application development center and will house an R&D team. We look forward to commissioning that site in the next 15 to 20 months. In addition to that, we look forward to bringing greener solutions, sustainable solutions, and more importantly, being able to serve as well as expand the global footprint of our epoxy business," Bastion said.

Aditya Birla Group already has a foundation in India, Thailand, as well as Europe. "This will be the fourth expansion on behalf of the epoxy business into the USA. This is the first phase of our expansion of a 35-acre site, which we hope to have additional phases in coming years," he said.

Aditya Birla Group has invested more than $15 billion in American companies, making it the largest Indian investor in the United States. The new plant will strengthen Advanced Materials' epoxy product leadership, which already comprises leading manufacturing and R&D centers in Thailand, India, and Germany, serving clients in over 65 countries.