Nalco’s Indian arm opens R&D centre in Pune

Tags: Companies
The Rs 200-crore NLC Nalco India, a wholly-owned su­bsidiary of Na­lco Hol­dings, USA, a­ global leader providing expertise for industrial wa­ter trea­tment and energy, h­as launched a R&D centre in Pune to serve its markets abroad. The firm will also hi­re over 100 engineers, technologists and chemists.

“We are investing Rs 340 crore in the three R&D centres in Chicago, Houston and Pune in 2010. We have already hired 50 engineers and 50 more will be added by the end of this year,” Erik Fyrwald, chairman and CEO, Nalco, said.

Nalco’s first R&D lab will have an initial investment of Rs 43 crore and focus on water and energy services, he added. “Pune centre will become one of Nalco’s major innovation hubs for water and energy technologies,” he said.

Manian Ramesh, Nalco’s chief technology officer, said the centre’s immediate focus will be to provide technical support to energy upstream (oil field) and downstream (refinery and chemical processing) customers in the Asia Pacific region, the Caspian, the West Asia, North Sea and West Africa.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Retail investors need to be drawn to bond trading

    A country requires both a healthy capital market and a liquid debt market for vibrant economic growth. India has had the first for a long time.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Japan’s living national treasures

While the world is fascinated by the economic “miracles” in ...

Robert Clements

Cherish good times and accept bad ones

Initially, I was angry and confused, I was even repentant…,” ...

Bubbles Sabharwal

Mothers just see things differently; they can’t help it

Before we begin on mothers, I have to share this ...