Henkel Adhesives Plant In India To Serve Emerging Markets

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  • April 05, 2020
Henkel Adhesives Plant In India To Serve Emerging Markets

The phase I and II of the plant, set up investing INR 400 crore, will boost its capabilities to serve customers across sectors including flexible packaging, automotive, agriculture and construction equipment, general industry and metals. The plant which will cater to the local and export markets employs 300 people. The phase III and IV will be launched later at an estimated cost of INR 400 crore.

“India is one of the most important emerging markets with tremendous growth opportunities for our adhesives business,” Jan-Dirk Auris, Member of the Management Board and Executive Vice President, Adhesive Technologies business unit, Henkel AG & Co. KGaA, said. “We have application experts across manufacturing industries worldwide and work closely with our customers and partners. Our trusted brands and leading solutions based on our unmatched portfolio of 40 technologies create sustainable value for our customers. With the launch of this state-of-the-art, multi-technology manufacturing facility, we have created capacities to meet the demand for our high impact solutions in this dynamic market. This investment will enable us to further drive profitable growth,” he added.

 

Momentum in megatrends in the automotive sector will fuel demand for the company’s adhesive products, which help reduce vehicle’s weight. “Electric and connected vehicles need more adhesives than IC engine vehicles. We will continue to bring out products and solutions based on consumer demand and suitable for the new mobility, connectivity and sustainability,” Auris said.

The new plant is part of Henkel’s big bet on the emerging markets. Half of its total sales of USD 20 billion is from them. “India is the largest among the top 3 emerging markets. We believe tremendous demand will come from India for adhesives in the next decade. Henkel’s products are ‘invisible but essential’ and work as enablers for its consumers to improve efficiency and quality. Being a highly impactful solutions supplier, we also need to manage the risks,” he said.

Smart Factory

The Kurkumbh site is equipped with technologies to ensure traceability and transparency by ensuring built-in quality. End-to-end digitalisation of the plant operations has enabled digitised workflows; thus, making manufacturing more efficient. It deploys closed material handling systems and high level of process automation. For the first time, as a global pilot in Henkel, the site has implemented deep integration of process automation with Smart Factory (Industry 4.0).

 The site meets the highest standards of sustainability. It is among the very few chemical manufacturing sites to be awarded the LEED Gold Certificate by the US Green Building Council based on a holistic energy efficiency concept.  About 10 percent of its power consumption comes from captive solar energy and 16 percent of the annual water requirement is met by rainwater harvesting. Air and waste water discharges are monitored online.

Shilip Kumar, President, Henkel India, said, “We will continue to invest in local manufacturing as it gives our Adhesive Technologies business in India a strategic advantage. The Kurkumbh manufacturing site is a very important milestone of Henkel’s journey in India. This site will not only cater to the Indian market but also markets in the Middle East, Africa and South Asia. As market leaders in this industry, our focus is to offer high impact solutions to our customers and convert latent market potential into profitable growth.”

Henkel Adhesive Technologies is a global leader in adhesives, sealants and functional coatings. The business unit serves around 130,000 customers in over 800 industrial areas with tailor-made products and technologies used in a wide array of consumer goods and industrial products. (MT)

 

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    Continental’s Ac2ated Sound Display Turns Vehicle Display Into High-Quality Audio Speaker

    Continental Act2ated

    German tier 1 supplier Continental has announced its latest solution for the automotive industry, the Ac2ated Sound display, a first-of-its-kind in the industry that uses a display surface to bring high-quality audio output.

    The technology will not only enable space saving but also could enable significant weight reduction and allow for more innovative solutions to be integrated.

    The Ac2ated system uses actuators installed behind the display surface and induce audible vibrations in the glass. The company stated that humans have an intuitive ability to identify the origin of a detected sound in a three-dimensional space, which is referred to ‘sound localisation’. In simple terms, humans, when hearing any sound, have a natural tendency to try and identify the source of the sound. In the automotive industry, the Ac2ated Sound display can create a more immersive experience as the display itself could be used like a sound box.

    Given the smaller footprint of the actuators, the solution can be implemented in various flat components of the vehicle interiors.

    Continental claims that Ac2ated Sound system requires up to 90 percent less space and can offer up to 40 kilograms of weight saving compared to conventional speaker systems.

    Pavel Prouza, Head of User Experience (UX) Business Area, Continental, said, “By integrating actuators into the display, we have succeeded in using the entire display surface as a sound chamber to resonate sound within the vehicle – all in exceptional quality. Not only does this save valuable space in the vehicle interior, but it also reduces weight compared with traditional speakers. The system leverages our full expertise as a system integrator for the benefit of our customers – combining visual and audio output in a single package without compromising on quality.”

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      TVS Supply Chain Solutions Appoints R Vaidhyanathan As New CFO

      R Vaidhyanathan

      TVS Supply Chain Solutions, a global supply chain solutions provider, has announced changes to its leadership structure with the appointment of R Vaidhyanathan as its new Global Chief Financial Officer (CFO) effective 1 April 2025. He succeeds Raviprakash Bhagavathula, who will transition to the new role of Head of Strategic Initiatives and move to Singapore.

      At present, Vaidhyanathan serves as Deputy Global CFO and has held various positions in Finance within the organisation. He had joined the company in January 2019 and has worked across various leadership financial roles the position, and is credited to play a key role in significant enhancements to the productivity of the finance function.

      Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions, said, “We are delighted to appoint R Vaidhyanathan as our new Global CFO. His strong track record in driving financial performance, optimising cash flow, and fostering a culture of operational excellence has been instrumental in our growth journey. I am confident that his deep understanding of our business and his strategic vision will help us continue to innovate and scale as we move into the next phase of growth journey. We also express our sincere gratitude to Raviprakash Bhagavathula for his invaluable contributions since 2018 as CFO, especially for leading TVS SCS to a successful public listing. We look forward to his leadership in driving our strategic initiatives.”

      Both Vaidhyanathan and Bhagavathula will report to Ravi Viswanathan, MD, TVS Supply Chain Solutions.  

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        Aston Martin, Curv Racing Simulators Launch Limited Edition AMR-CO1-R

        AMR-CO1-R

        British premium luxury car brand Aston Martin has joined hands with Curv Racing Simulators to introduce limited edition AMR-CO1-R simulator with prices starting GBP 58,750 (INR 5.98 million) plus tax. The deliveries are set to begin in April 2025.

        Limited to just 50 units, the AMR-CO1-R builds up on the AMR-CO1 and now features precision ergonomics, cutting-edge hardware and even more immersive racing experience.

        The partnership sees Aston Martin join forces with three-time Le Mans winner and simulator specialist Darren Turner, who currently leads Curv Racing Simulators. The AMR-C01-R continues to use the all-carbon fibre monocoque and signature Aston Martin Racing grille. The seating position has been revised and inspired by Aston Martin Valkyrie. The new model can now be further adjusted for more comfort and accessibility, especially for taller drivers.

        The simulator uses a 49-inch G95C monitor with a 1000R curvature with 240Hz refresh rate (previously 120Hz) and 1ms response time (previously 4ms), which delivers seamless and razor-sharp visuals. Furthermore, the addition of HDR10+ Gaming brings to life more vivid colours and deeper contrast. Thanks to the Nvidia GeForce RTX 5090 graphics card, Intel 14th-generation processor, 32GB DDR5 memory (up from 16GB), and 2TB M.2 SSD storage enable real-immersive gaming performance and ample space for an extensive racing library.

        Marek Reichman, Chief Creative Officer, Aston Martin, said, “Curv’s latest simulator is an exciting continuation of the AMR-C01, which was launched in 2020. With improved performance, and a seating position inspired by Valkyrie, this is as close to driving an Aston Martin on-track that a racer will experience. The design itself, like any Aston Martin, will fit into a residence as a sculptural work of art, not just a traditional racing simulator.”

        Darren Turner, Founder, Curv Racing Simulators, added, “The AMR-C01 was a game-changer when it launched in 2020, and the AMR-C01-R takes it to the next level. We’ve refined the ergonomics and performance, to make it even more immersive, intuitive, and future-proof. For those who demand the very best, this is the ultimate racing simulator."

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          Indian Government To Roll Out Zero Fee Ride Hailing Platform Says Home Minister Amit Shah

          Image: Tushar Dayal/Flickr

          In what comes as an unexpected announcement, the Union Home Minister of India Amit Shah has said that the government is set to roll out a platform on a co-operative basis that will compete against ride-hailing platforms such as Uber, Ola and Rapido in the country.

          What’s more, unlike existing app platforms, wherein the ride-hailing vehicles have to pay a commission on every ride or a fixed fee, the upcoming government app will have to pay zero fees.

          The platform will allow shared two-wheelers, three-wheelers and four-wheelers to be registered.

          While there is hardly any clarity or fine details in the public domain, it would be really interesting to see how the pricing and market dynamics come into play.

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