ECKART Forms JV with Runaya to Build Sustainable Aluminium Powder Facility in India

The global manufacturer in the effect pigment market, ECKART (headquartered in Germany), has entered into a joint venture agreement with Runaya (headquartered in India), a pioneer in sustainable manufacturing having alliances with global technology leaders across a portfolio of high-technology products.

The joint venture is establishing a new facility in Orissa to produce amongst the most sustainable spherical atomized aluminium granules. These products are witnessing high demand growth not only in India but also in global markets. The granules cater to high-end applications in aerospace, solar panels, and high-value effect pigments.

At the core of the strategic alliance lies the commitment to fostering sustainability. For example, the joint venture will primarily use recycled aluminium and renewable energy sources for its production. This joint venture will serve Indian and global growth markets and leverage India's position as a global hub for low-cost, cutting-edge manufacturing solutions.

Runaya and ECKART have also signed a Memorandum of Understanding 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."