PennWhite Limited announces expansion into Indian market with new subsidiary

PennWhite Limited, a UK-based leader in the manufacturing of antifoam chemistry and speciality chemicals, has officially announced its expansion into the Indian market. Effective February 8, 2024, the company will establish a direct presence in India through its new subsidiary, PennWhite India Private Ltd, aiming to meet the growing demand for premium foam control solutions in the region. This strategic move underscores PennWhite’s commitment to its global growth strategy and its ambition to solidify its leadership in the chemical solutions industry.

The Middlewich-based company, renowned for its FoamDoctor brand, serves customers in over 40 countries with its wide range of specialist processing aids. These aids are integral to the production of everyday products across various industries, including food processing, wastewater treatment, and coatings and adhesives, highlighting the ubiquitous yet unseen impact of PennWhite’s technologies. The formation of PennWhite India Private Limited (Corporate Identification Number: U20299TN2024PTC167348) is a testament to the company’s focus on addressing the specific needs of the Indian market with its innovative, eco-friendly solutions.

PennWhite’s expansion into India comes on the heels of its acquisition by Manali Petrochemicals Limited (MPL), India’s only integrated manufacturer of polyols and a subsidiary of AM International, Singapore, in November 2022. This acquisition has provided PennWhite with a platform to synergize its capabilities and offerings, strengthening its position in the Indian and neighboring Asian markets.

Tobias Tasche, Chief Executive Officer of PennWhite Limited, expressed enthusiasm about the new subsidiary, highlighting the company’s intention to establish a manufacturing facility in Tamil Nadu, India. This facility aims to produce selected products from the PennWhite portfolio to the highest international standards, further demonstrating the company’s commitment to providing innovative and sustainable chemical solutions.

Chandrasekar Ramaswamy, Wholetime Director & CFO of Manali Petrochemicals Limited, echoed Tasche’s sentiments, emphasizing the strategic alignment between PennWhite’s operations and MPL’s focus on research and development in speciality segments. This collaboration is expected to deliver eco-friendly processes, products, and solutions to a diverse range of industries, enhancing the group’s ability to meet diversified customer needs with sustainable practices.

The establishment of PennWhite India Private Limited is a significant milestone for PennWhite Limited and Manali Petrochemicals Limited, reflecting their shared vision for sustainability and innovation in the chemical industry. By expanding its footprint in one of the world’s most dynamic growth markets, PennWhite is not only poised to address the unique challenges and opportunities in the Indian market but also to contribute to the global movement towards more sustainable and eco-friendly industrial processes. This strategic expansion is a clear indicator of the company’s commitment to excellence, innovation, and sustainability in the chemical solutions sector.