Developments from the Compounding World

摘要

RENOLIT has established a new Joint Venture in India with the aim of further expanding the production of geomembranes for the construction and civil engineering sectors.Renolit officially signed the contract on July 11,2019 together with the Indian trading partner RMG Polyvinyl India Ltd.The Joint Venture with the name Renolit RMG India Pvt.Ltd will be added to the Indian commercial register in the next few weeks.Up to now,these sealing membranes which,for example,are used in tunneling work or for the sealing of building foundations,were only produced by Renolit in Spain.With the new Joint Venture,a future production location will be in India.”India is becoming increasingly important for Renolit.With this Joint Venture,we are investing in geomembrane production in Pune to correspondingly expand our range of products on the Indian market”says Renolit Executive Board Member Karstenjanicke.