Wisconsin-headquartered SAECO AEI Polymers and India’s Bihani Group have entered into a Joint Venture (JV) agreement to form SACO AEI Bihani Polymers Pvt. Ltd. This JV will manufacture Halogen Free, Flame Retardant (HFFR) and Zero Halogen, Flame Retardant (ZHFR) polymers which are used in the wire & cable industry.
The aforementioned JV will set up two greenfield manufacturing facilities in India in the next 18 to 24 months. The JV will initially produce halogen-free thermoplastics and will subsequently move towards producing thermoset plastics, which are used for making wire and cable insulation.
In addition to these production facilities, the JV will establish a Centre of Excellence (CoE) in India for developing halogen-free compounds.