ECKART, a global leader in the effect pigment market headquartered in Germany, has entered a strategic joint venture with Runaya, an Indian pioneer in sustainable manufacturing.
The joint venture will establish a state-of-the-art facility in Odisha to produce some of the most sustainable spherical atomised aluminium granules. These granules are in high demand for advanced applications, including aerospace, solar panels, and high-value effect pigments, both in India and internationally.
Central to this partnership is a shared commitment to sustainability. The new facility will primarily utilise recycled aluminium and renewable energy sources, significantly reducing its carbon footprint. This collaboration leverages India's position as a global hub for low-cost, cutting-edge manufacturing solutions to serve growing global markets.
Additionally, Runaya and Eckart have signed a Memorandum of Understanding to manufacture high-quality aluminium pigments, further enhancing their contribution to sustainable innovation.
Dr. Christian Przybyla, President of ECKART, stated: "The success story of Runaya in establishing sustainable production processes is impressive. By combining our expertise in the growth market of India, we aim to drive innovation and deliver long-term value for our customers."
Naivedya Agarwal, Managing Director of Runaya, commented: "This partnership is a game-changer in our pursuit of a circular economy. It not only transforms the aluminium recycling industry but also highlights the strength of global alliances in tackling environmental challenges. By redefining the aluminium powder segment, we are setting new global benchmarks for green manufacturing."