ECKART, a leading international manufacturer of metallic and pearlescent pigments for the paints and coatings industry, the graphic arts, plastics, aerated concrete, and cosmetics industries, is reportedly forming a joint venture with Runaya, a notable name in the green aluminium recovery business.
Image Source: Energetica India
The joint venture firm will establish a facility in Odisha to produce the most sustainable spherical atomised aluminium granules, leveraging India's position as a global hub for low-cost and cutting-edge manufacturing solutions.
This new project aligns with the growing demand for atomised aluminium granules in India and the world, catering to high-end applications in aerospace, solar panels, and high-value effect pigments.
With sustainability as the cornerstone of the project, ECKART and Runaya will mindfully use recycled aluminium and renewable energy sources to produce aluminium granules. The joint venture will
Besides building this facility, Runaya and ECKART have also signed a Memorandum of Understanding (MoU) to manufacture high-quality aluminium pigments.
Dr Christian Przybyla, President of ECKART, said: "The success story of Runaya by establishing sustainable production processes is impressive. By pooling our expertise in the growth market of India, we want to drive innovation and create long-term value for our customers."
Naivedya Agarwal, Managing Director of Runaya, said: "This partnership is a game-changer in our pursuit of a circular economy. It not only transforms the aluminium recycling industry but also showcases the power of global alliances in addressing environmental challenges. By redefining the aluminium powder segment, we are setting new global benchmarks for green manufacturing."
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