The second plant acquisition is a part of Wavin’s ongoing expansion into the Indian and APAC markets.
After the recent acquisition of a manufacturing plant in Hyderabad, Telangana, Wavin, an innovative pipes and fittings solution provider for the building and infrastructure industry, has announced the acquisition of a new facility in Neemrana, Rajasthan, from Dura-Line. It’s the second acquisition by the company in 2021 in India to meet the emerging demand for advanced water & gas pipes and fittings for below-ground use and CPVC, uPVC, & SWR pipes for above-ground applications.
The second plant acquisition is a part of Wavin’s ongoing expansion into the Indian and APAC markets. The company reinforces its commitment to the Indian government’s ‘Make in India’ initiative and finds the investment critical to provide sustainable solutions to secure drinking water supply to a growing urban population, particularly in North India.
The Neemrana plant, with best industry practices will continue producing advanced water and gas products for below-ground use and invest in other extrusion lines to produce CPVC, uPVC, & SWR pipes for above-ground applications.
Commenting on the plant acquisition, Maarten Roef, President Wavin, said, “Wavin is now well positioned to serve the growing market of India and greatly contribute to building healthy, sustainable environments. The geographical coverage, which the Neemrana and Hyderabad facilities offer, is quite extensive. Indeed, with these two locations and its warehouses, we are set to efficiently serve the districts where most of the market growth is taking place.”
Wavin will produce a wide range of PVC/ CPVC/ SWR pipes and fittings locally. Wavin’s cost-efficient, innovative and reliable products and solutions promote sustainable development and support future-proof infrastructure building requirements in India. The company manufactures these products and system solutions per the strictest quality standards and is fully compliant with governing standards without any compromises to match customer expectations.
Wavin is also trying to create positive change by training and upskill thousands of plumbers through distributors and channel partner across India to ensure the plumbers can perform their jobs expertly and contribute to ensuring safe and reliable drinking water installations.
Dura-Line, also part of Orbia, is a TL-9000 and ISO-9001 rated manufacturer of high-density polyethylene (HDPE) conduits serving the telecommunications, enterprise, and electrical markets. Both Wavin and Dura-Line are group companies within Orbia, a global leader in specialty products and innovative solutions for building and infrastructure, precision agriculture, health care delivery, and data communications.
Source: Business World