The leading manufacturer of antifoam chemistry mulls setting up factory in TN
Chennai, NFAPost: UK-based PennWhite Ltd has announced that it is expanding its direct presence in the Indian market through setting up of a subsidiary in India namely PennWhite India Pvt Ltd. PennWhite Ltd was acquired in November 2022 by Chennai-based Manali Petrochemicals Ltd (MPL), an integrated manufacturer of polyols and part of AM International, Singapore.
PennWhite Ltd, based in Middlewich (UK) is a leading manufacturer of antifoam chemistry under the FoamDoctor brand which is sold in more than 40 countries. A wide range of other speciality chemicals are also manufactured to service the needs of long-term customers.
PennWhite’s processing aids play an essential part in the products of the world’s biggest brands and are widely used in a wide range of applications, like food & food processing, wastewater treatment, upstream and downstream oil, increasingly in the coatings and adhesives industry.
The formation of a direct subsidiary will enable the company to address the growing needs of the Indian market for premium foam control solutions. The company is currently assessing the viability of establishing a world-class manufacturing facility in Tamil Nadu in the short- to mid-term to enable local manufacture of selected products of the PennWhite Ltd’s portfolio which is of the highest international standards.
PennWhite Ltd (UK) Chief Executive Officer Tobias Tasche said he is delighted with today’s announcement which is the result of continued focus on our global growth strategy to solidify our leading position in foam control agents and chemical solutions.
“PennWhite Limited already supply customers in more than 40 countries and we are keen to ensure that we have a strong footprint in one of the world’s most exciting growth markets,” said PennWhite Ltd (UK) Chief Executive Officer Tobias Tasche.
PennWhite has high growth aspirations in the Indian market with its varied value-based offerings. The company help customers solve tricky foam problems in their industrial plants, so they can place their focus instead on operations of their plants.
“It is our intention to continue to provide innovative solutions to help society move to a more sustainable future. We have a strong position already – our speciality products do not use toxic substances and are already widely used to support ecology-friendly processes,” said PennWhite Ltd (UK) Chief Executive Officer Tobias Tasche.
He said the company’s acquisition by Manali Petrochemicals less than two years ago has now given us a real platform to build on an opportunity to synergise capabilities and products to strengthen our position in the Indian and neighbouring Asian market with the additional presence of this new entity.
Manali Petrochemicals Whole-time Director and CFO Chandrasekar Ramaswamy said it is great to see the benefits of the company’s recent acquisition of step-down subsidiary PennWhite within the context of own strategy.
“MPL Group continue to focus on R & D initiatives in speciality segments in order to deliver eco-friendly process, products and solutions to varied industries and diversified customer needs. These strategic elements are aligned with what PennWhite has been doing for almost two decades already in other parts of the world,” said Manali Petrochemicals Whole-time Director and CFO Chandrasekar Ramaswamy.
