MUMBAI: Aditya Birla Group will invest $50 million to set up a manufacturing and an R&D facility for its chemicals business in the US. It has acquired land in Beaumont, Texas to launch the first phase of this project. The investment will be done through Aditya Birla Chemicals (Thailand).
Aditya Birla Group chairman Kumar Mangalam Birla said, “This represents a significant expansion of our ambitions in the Americas and a continuation of our strategy to apply our deep manufacturing expertise in new markets.”
Aditya Birla Group chairman Kumar Mangalam Birla said, “This represents a significant expansion of our ambitions in the Americas and a continuation of our strategy to apply our deep manufacturing expertise in new markets.”
