Aditya Birla plans to invest $50 million in R&D center in US

Scott Bastion, the Vice President of Sales and Marketing at Aditya Birla Group, announced that the company plans to invest USD 50 million in the city of Beaumont, Texas, near Houston, to manufacture epoxy resins for consumer and industrial use.

He further said that the company plans to launch a center for developing applications and to accommodate a research and development team. They are also looking forward to introduce environmentally friendly and sustainable solutions.

The Aditya Birla Group already has established a presence in India, Thailand, and Europe. This marks the fourth time the epoxy business is expanding its operations in the USA.

Aditya Birla Group is currently the biggest Indian investor in the United States after injecting over $15 billion into American businesses. 

The upcoming facility will enhance the Advanced Materials unit's leadership in epoxy products, with top manufacturing and R&D hubs in Thailand, India, and Germany catering to customers in more than 65 countries.

Kumar Mangalam Birla- the Chairman of Aditya Birla Group, stated that the establishment of a new chemical facility signifies a major extension of the company's goals in the Americas and is a continuation of our plan to utilize their extensive manufacturing knowledge in fresh markets.