Scott Bader acquires Indian-based Satyen Polymers
UK chemical company Scott Bader has acquired the commercial business of Satyen Polymers, based in India.
The expanded partnership will see Scott Bader assume responsibilities for direct sales and marketing for all resin and gelcoat products, whilst Satyen Polymers will manufacture them.
Satyen Polymers will also expand its product range using Scott Bader technology to bring industry-leading composite and adhesive products to the Indian market.
The newly-established company says the move aims to demonstrate Scott Bader’s commitment to the Indian market.
Jonathan Stowell, Scott Bader’s group commercial director says, “We are delighted as a group to be able to build on our long-established relationships in India to bring best in class composite and adhesive products to the increasingly globally competitive Indian market, including our CrysticÒ, CrestapolÒ, CrestabondÒ, CrestomerÒ and CrestafixÒ brands.”
In 2021, Scott Bader established Scott Bader Italy and announced a US$16m investment in a new 110,000 square foot manufacturing facility in Mocksville, North Carolina.
