US-based chemical company forays into India

By siliconindia   |   Wednesday, 04 April 2007, 17:30 IST
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New Delhi: US-based chemical company Ashland Inc, which has planned its foray into India, appointed Mike Swartzlander as the Vice President and Managing Director for its India operations. "This is a tremendous opportunity to accelerate our growth in a very exciting and growing economy," Swartzlander said in a statement here. The company has already set up office in Mumbai and would focus on automobile lubricants in the country. Ashland operates through four wholly owned divisions - Valvoline Ashland Performance Materilas, Ashland Distribution and Ashland Water Technologies and provides services in more than 100 countries, the statement said.