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Ion Exchange sets up Rs 30 crores R&D centre
Ion Exchange (India) Limited, a water and environment management solutions provider on Friday announced the launch of its new Research and Development Centre at Patancheru here.
Hyderabad: Ion Exchange (India) Limited, a water and environment management solutions provider on Friday announced the launch of its new Research and Development Centre at Patancheru here.
The centre will focus on chemicals, resins and membranes business and also provide technical and scientific support to the company's existing technology and engineering segments for designing new processes and products.
The Rs 30 crore Research and Development centre will develop new resins, membranes, polymers and speciality chemical technologies related to water, wastewater treatment, process separation and purification, speciality process application and catalysis.
The microbiology lab within the centre will lay emphasis on enzyme research and application specifically for the textile and food & beverage industry.
Many of these products will be import substitutes with very large potential for enhancing the company's exports. This state-of-the-art 24,000 square feet R&D centre is certified by the Department of Scientific and Industrial Research (DSIR).
Addressing media, Rajesh Sharma, CMD, Ion Exchange (India) Limited said, " Our new R&D centre will provide an impetus to enhance our competitiveness not only in India but globally".
"The company is now planning to expand to Tier-II and Tier-III cities across India and is also considering both Telangana and Andhra Pradesh in addition to other places in the country to set up another facility." Sharma added.
