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Private Sector | Not Classified - india | PID: 154696

Swedish specialty chemicals group Perstorp has signed a memorandum of understanding (MoU) with the Maharashtra Industrial Development Corporation (MIDC) to evaluate the opportunity to invest in a new production plant for pentaerythritol (penta) in India

The MoU was signed at the 'Make in India' event, organised by the Government of India as part of an initiative to drive investments in the country

With the signing of the MoU, Perstorp aims to boost its position in the Asian market and tap the growing market for coatings in India

| Updated on: 23 - Feb - 2016

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