Plans to serve the wider Asian markets
Saudi Aramco’s ARLANXEO continues its growth journey in the Indian sub-continent to meet the needs of quickly expanding industries such as automotive, tyres, pharmaceutical and end-user products in India as well as in Asia.
“We are excited to embark on this next phase of our growth plans in Asia – our dedication to being a part of India’s progress as a rapidly expanding global growth market remains strong, and with this strengthened foothold, we hope to continue building on the services and products that we can offer our customers in the region,” Christian Widdershoven, Chief Commercial Officer of ARLANXEO, said in a release on 6 Apr 2021.
India is currently the fourth-largest vehicle market in the world and is expected to further grow by end-2021, he pointed out.
ARLANXEO was already operating in the India sub-continent before the launch of the legal entity, and by growing its presence in India, it aims to broaden its capabilities to meet the needs of quickly expanding industries in India such as automotive, tyres, pharmaceutical and end-user products.
“While the launch signifies its commitment to growth in the region, ARLANXEO will also ensure that the needs of existing customers in the India sub-continent market continue to be met with the same level of support and service that they have been thus far,” he said.
The company incorporated ARLANXEO India Private Limited on 1 Jan 2021 and will be opening Mumbai office in May 2021.
“Both are significant milestones in ARLANXEO’s growth strategy and will enhance ARLANXEO’s presence in one of the most important strategic growth regions. These milestones for ARLANXEO reiterate a continued commitment to growing its business and better serving its customers in the India sub-continent, and the wider Asia region,” he said.
While the launch signifies its commitment to growth in the region, ARLANXEO will also ensure that the needs of existing customers in the India sub-continent market continue to be met with the same level of support and service that they have been thus far, assured Widdershoven.
“With this move, we are operating as a full legal entity in India. We will continue to deliver on the strong sales and technical support that our customers have come to expect and strive to continue improving this experience for them,” added Rupesh Shah, Director and Head of India Sub-continent for ARLANXEO.
ARLANXEO’s legal entity will consolidate its services to offer a single contact point for the entire range of its products and applications in the India sub-continent market. Existing sales and technical support teams that have developed relationships with customers will also be maintained in the transition.
The legal entity will also act as a cornerstone for ARLANXEO to grow closer to its customers in the India sub-continent, including specific markets such as Sri Lanka, Nepal, and Bangladesh.
ARLANXEO is a world leading synthetic rubber producer and a wholly-owned subsidiary of Saudi Aramco, a leading producer of energy and chemicals. It develops, produces and markets high-performance rubbers with sales of around EUR 3 billion in 2019 and a presence at more than 12 production sites in 10 countries and 7 innovation centers around the world. Its products are used for a wide range of applications: from the automotive and tire industries to the electrical, construction and oil and gas industries.
Headquartered in The Hague, the Netherlands, it established a state-of-the-art, competitive production infrastructure with production network spanning four continents. Our world-scale plants produce efficiently, flexibly and sustainably – in Europe, Asia,North and South America. #investment #manufacturing #markets #economy /fiinews.com
