Eckart, a German-based global manufacturer in the effect pigment market, has entered into a joint venture agreement with India-based Runaya, a pioneer in sustainable manufacturing having alliances with global technology leaders across a portfolio of high-technology products. The joint venture is establishing a new facility in Orissa to produce amongst the most sustainable spherical atomized aluminum granules. These products are witnessing high demand growth not only in India but also in global markets. The granules cater to high-end applications in aerospace, solar panels, and high-value effect pigments.

At the core of the strategic alliance lies the commitment to fostering sustainability. For example, the joint venture will primarily use recycled aluminum and renewable energy sources for its production. This joint venture will serve the Indian C global growth market and leverage India’s position as a global hub for low-cost, cutting-edge manufacturing solutions.

 Runaya and Eckart have also signed a Memorandum of Understanding (MoU) to manufacture high-quality aluminum pigments. Dr Christian Przybyla, President, Eckart, stated, “The success story of Runaya by establishing sustainable production processes is impressive. By pooling our expertise in the growth market of India, we want to drive innovation and create long-term value for our customers.”

Similarly, Naivedya Agarwal, Managing Director, Runaya, commented, “This partnership is a game-changer in our pursuit of a circular economy. It not only transforms the aluminum recycling industry but also showcases the power of global alliances in addressing environmental challenges. By redefining the aluminum powder segment, we are setting a new global benchmark for green manufacturing.”

For more information: www.runaya.com, www.altana.com