ICP’s expansion drive begins with new Bhiwadi plant

Specialty chemical manufacturer ICP Industrial Solutions Group will be expanding global manufacturing footprint in India to further serve emerging markets

18 Nov 2021 | By Aultrin Vijay

Paul Grzebielucha, division president of ICP

ICP Industrial Solutions Group (ISG) announces the start of its manufacturing expansion in Bhiwadi, a continuation of ICP’s global strategic growth plan. An agreement was signed in October for the manufacturing site in the RIICO Industrial Area.

Ideally located in the city of Bhiwadi, Rajasthan, ICP has begun site preparation for the manufacturing and distribution of locally made ICP products. It is anticipated that the new manufacturing plant will be producing high-performance packaging coatings by March 2022.

In 2018, ICP launched its global growth plan with the employment of a local experienced team. According to the company, the objective of this new team, supported by ICP’s global resources, was to better serve the emerging packaging market in India.

In 2019, an Indian entity was established along with strategic partnerships with select customers and distributors in New Delhi and Mumbai. This further facilitated local supply of product to the expanding business.

“The continued growth and demand for ICP’s high-quality, innovative, high-performance coatings, which includes an increase in specialty product applications within the Indian market, strengthened the decision to manufacture ICP coatings locally in India,” the company stated in a release.

Paul Grzebielucha, division president of ICP said, “Building a manufacturing facility in India is part of ICP’s strategic global growth plan to better serve our customers with innovative solutions worldwide.”

The new facility affords the Industrial Solutions Group additional production capacity, manufacturing efficiencies, improved raw material sourcing and a further diversified portfolio of products. India and surrounding international customers will benefit greatly with shortened delivery times, expanded inventory, best-in-class expertise in technical service and industry-leading customer service.

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