Scott Bader Group and Satyen Polymers Pvt Limited announce the signing of agreements
signaling the successful conclusion of negotiations between the two organisations
to form a joint venture in India. Phase one of the joint venture will be to implement
the sharing of technology and processes for manufacture of unsaturated polyester
resin gelcoats that will be produced in India. A number of high-performance gelcoats
have been identified as having potential to satisfy the needs of customers seeking
quality finishes for their products and to cater to the strong development within
the Indian Composites industry.
Scott Bader has had a meaningful presence in India for many years and the brand
continues to attract enquiries from customers seeking value from suppliers. This
is a significant step towards reaffirming its commitment to provide enhanced support
to existing customers and also indicates confidence that the local industry will
continue to develop and mature in line with global trends. Satyen Polymers has been
identified as an organisation that fits closely with Scott Bader’s values including
its commitment to continuing improvement of processes, products and services. Both
organisations share a belief in the need for sound corporate governance and social
responsibility.
Jitendra Vora, Chairman and Managing Director of Satyen Polymers said: “We are excited
about our partnership with the Scott Bader Group. Our complete range of Gelcoats
will cater to requirements in the fast developing Indian composite market, which
has seen significant domestic and export related growth. As the Indian composite
market matures, the performance demands of raw materials and end products are bound
to increase. We are now well placed to meet these requirements”.
The agreements will be implemented with immediate effect with UAE-based Scott Bader
Middle East overseeing the transfer of technology and providing initial training.
Production of the first batches of performance gelcoats is expected to be available
by September 2012.
The joint venture company has job opportunities in sales and marketing. If you are
interested in a career opportunity with us, email us a copy of your resume at
jobs@satyenpolymers.com