Ashland Inc. has taken the first step in establishing a major presence in India by announcing its intent to acquire property in the chemical industrial zone of Jhagadia, Gujarat, India. The purchase marks Ashland’s first wholly-owned manufacturing site in India. “The state of Gujarat, where our future plant will be located, occupies a very strategic location between New Delhi to the north and Mumbai to the south,” said Mike Swartzlander, vice president and managing director, Ashland India Private Limited. The India facility will focus on resins for the composites and metal-casting-consumables industries. The transaction is expected to close this month.
Covington
The Lane Report
- Greater Louisville March home sales down 5% from year ago
- School of Medicine, UofL Health create first-ever joint leadership role
- MSU Space Science programs expand reach and student opportunities
- New Ky Home initiative offers free marketing workshops to small business
- 18 UK faculty named 2025-26 University Research Professors
- Markey research team discovers gut hormone’s role in fatty liver disease
- OP-ED: State moving to speed up driver’s license system
- E & E Hardwoods to establish new operation in Bell County with $2.1M investment
- OpEd: Ky House leaders wisely insisted on 340B accountability
- Aegis Sortation to expand Louisville operation with nearly $16M investment
Add Comment