Eckart, the Germany-headquartered 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 sustainable spherical atomized aluminium 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.
The joint venture will primarily use recycled aluminum and renewable energy sources for its production. This joint venture will serve Indian and global growth markets 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 to manufacture high-quality aluminum pigments.
Christian Przybyla, President of Eckart, said “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.”
Naivedya Agarwal, managing director of Runaya, said “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 new global benchmarks for green manufacturing.”
Runaya deploys advanced technologies to drive innovation, sustainability, and efficiency in the natural resources sector. Runaya’s portfolio includes ground support products, green solutions for the aluminum industry, minor metal recovery, gas-atomized metallurgical powders, and FRP & ARP rods for the telecommunication and steel industries.Â
The Eckart Group, a company of Altana AG, stands as one of the premier global entities in effect pigment manufacturing. It specializes in the development, manufacture, and distribution of metallic effect and pearlescent pigments in various forms such as powder, paste, and pellets, alongside concentrates, dispersions, and printing inks.
Eckart’s diverse product line finds application across industries, including coatings, printing, plastics, autoclaved aerated concrete, and cosmetics. Eckart also drives advancements in metal powder optimization for 3D printing.Â
Altana is a global leader in true specialty chemicals. The group offers innovative, environmentally compatible solutions for coating manufacturers, paint and plastics processors, the printing and packaging industries, the cosmetics sector, and the electrical and electronics industry. The product range includes additives, specialty coatings and adhesives, effect pigments, sealants and compounds, impregnating resins and varnishes, and testing and measuring instruments.
