McCoy Soudal JV Brings Revolution in Sealants and Foams Industry

McCoy Soudal which is a 50:50 joint venture company between the McCoy Group of India and Soudal Group of Belgium, has recently organised a press conference in New Delhi to announce the commissioning of its new production plant, located at HSIIDC area in Bawal, Haryana and about its state-of-the-art machines & technology.

McCoy Soudal JV

Welcoming the attendees, Mr. Amit Malhotra, Managing Director, McCoy Soudal, said that you all are welcome here to explore the McCoy Soudal world of silicone adhesives and sealants. Whether you need sealants for your day-to-day household works or for the infrastructural developments, we, at McCoy Soudal, fulfil your all types of requirements.

Speaking about McCoy Group he said that the group which was originally started in the early 1980's as a trading platform of full range of silicones, has now diversified into manufacturing, contracting and joint ventures.

Elaborating on company's journey so far, he stated that during the last decade, McCoy Group established business partnership with over 30 companies globally and introduced to India a wide range of products starting from equipment, tools, automotive OEM bus coach adhesives and sealants and host of other specialty and engineered products. Over the last few years, the company realized the importance of its own brand and started thinking towards backward integrating all its products into manufacturing and Joint Venture. In 2010, the group steered forward and entered into a 50: 50 joint venture with Soudal NV, Belgium and formed McCoy Soudal Sealants Adhesives & Foams Pvt. Ltd. the first of its kind JV in the Indian subcontinent with the capabilities of manufacturing the widest range of sealants from silicones, polyurethanes, MS Polymer, acrylics, and mastics to adhesives, specialized polyurethane foams etc.

Giving an overview of Soudal NV group, Mr. Emmanuel De Smedt, Vice President, McCoy Soudal said, that Soudal NV is Europe's leading independent manufacturer of sealants, PU-Foams and adhesives. The company which established in 1966 by its chairman, Mr. Vic Swerts, is now a strong brand all over the world. It serves professionals in construction, retail channels and industrial assembly and has 45 years of experience with endusers in over 100 countries. With 11 manufacturing sites in 4 continents and 35 subsidiaries worldwide, Soudal ensures optimal technical and logistical support.

Throwing lights on the JV between McCoy Silicones Ltd and Soudal NV Belgium which took place in April 2010, he added that the ambition of McCoy group is to have its own identity and the desire of Soudal group to expand their respective positions in the vibrant and growing Indian marketplace, brings the two companies together on one platform. Soudal plans to leverage McCoy's leadership status, established network and marketing expertise in the Indian marketplace and McCoy by integrating Soudal's 44 years of experience in Sealants, Adhesives & Foams, R&D developments & global manufacturing base, believes to offer the largest range of sealants, adhesives & foams in the Indian subcontinent.

The JV McCoy Soudal Sealants Adhesives & Foams Pvt Ltd has recently commissioned its one of Asia's finest and largest sealants & adhesives manufacturing plants in Bawal, on an area of 200,000 sqft. (2 lac sqft.) with an investment of approximately Rs.500 million. Speaking on their newly commissioned production plant, Mr. Malhotra said, "our plant is equipped with state-of-the-art fully automatic machines and equipment from Europe and has been commissioned in a record period of 14 months from the commencement of its land procurement to completion of the building mechanical, electrical, plumbing and fire fighting infrastructure. The world's best equipment has been used to ensure that there is high level of safety built in for our products and people who are working in this plant. This unit has been built with 100% fire safety norms from Europe with a unique fire sprinkler system spread across the plant and office. This plant will be a signature for the Indian sealant and adhesive community," he averred.

Informing about the plant production capacity he reveals, "In the beginning, we will be able to produce 15 million units cartridges, sausages and tubes) of sealants & adhesives which will be further scaled-up to 30 million units in phase II in 2014. The current capacity requirements will be met by the Indian market as well as nearby SAARC countries where in McCoy Soudal has already established a reasonable distribution and sales network."

Expatiating on the products and R&D Mr. Emmanuel said, at present we are manufacturing mostly silicone sealants, which will be expanded to all other sealants (Acrylics, Polyurethanes and MS polymers) and adhesives in the very near future. The market of silicone sealants which was started in the early 90‘s in India has come to a stage of evolution and sealants are now sold across all major trade counters in India. The challenge however is to structure this market by spreading a high level of awareness and education to the customers in the Indian market.

McCoy Soudal Plant

Adding he said, that in our plant, we are also setting-up India's largest R&D and testing center for sealants, adhesives and PU foams. The main reason to have an R&D center is to ensure that we have adapted products to the extreme Indian climatic conditions which are most challenging to produce world-class products. Our products will be continuously upgraded to the increasing & changing needs and requirements of the fast growing industry. In addition to this, plant will cater more specifically to the requirements of special packing needs DIY (do-it-yourself) markets and making sure sealants can be made available to the masses for home and decoration markets.

When asked about the applicators' training programmes to enhance quality and awareness needs in the industry, Mr. Malhotra said, McCoy Soudal initiated McAademy in December 2010 and now conducts weekly 10 programs across India and are also spreading awareness among the architects, interior contractors, plumbers, carpenters glass and sealant applicators, uPVC and fenestration industry professionals, etc. regarding the availability of different products for different applications. Over the last 18 months, we have already trained over 50,000 such endusers and this is a never ending effort for which a huge marketing and training team is established pan India.

In his concluding remarks, he said, now with 11 manufacturing plants, operations spread in more than 35 countries and products availability in more than 120 countries, we are the largest and one of the oldest companies globally in our field which today has 9 regional offices across the country. McCoy Soudal sealants are sold across India in more than 85,000 counters, 3,000 dealers and 5,000 key customers' country wide and to over 22,000 counters SAARC area wise. Now by establishing our plant, various offices and network, we are more than confident to make this industry work towards the right use of products for the right applications.
NBM&CW July 2012
LogiMAT India 2024 facilitates ₹500 mn Investment Surge

LogiMAT India 2024 facilitates ₹500 mn Investment Surge

The LogiMAT 2024 event facilitated significant investments in India's logistics sector, with transactions worth over ₹500 million taking place, contributing towards infrastructure development, technology adoption, and capacity

Read more ...

Apollo Inffratech Group's Technovation: A festival of future technologies

Apollo Inffratech Group's Technovation: A festival of future technologies

Apollo Inffratech Group celebrated TechNOVATION - a festival of future technologies - on 16th February 2024. It was held at two of its production facilities simultaneously viz. at Apollo Inffratech’s Headquarters and Works at

Read more ...

International Symposium on Innovative World of Concrete (IWC24)

International Symposium on Innovative World of Concrete (IWC24)

The International Symposium on Innovative World of Concrete (IWC24) was held at Raajkutir, Kolkata, India, from 18th to 20th January 2024. The symposium focused on the theme "Concrete Construction: Present and Future." Organized

Read more ...

ICEMA Summit: Making CE Manufacturing Future-Ready

ICEMA Summit: Making CE Manufacturing Future-Ready

The 2nd CE Manufacturing and Supply Chain Summit, organized by the Indian Construction Equipment Manufacturers Association (ICEMA) – an affiliated body of CII, in New Delhi, on 19th February 2024, hosted discussions on critical topics

Read more ...

World Tunnel Congress: Preview of Four Highlights at WTC 2024 Exhibition in China

World Tunnel Congress: Preview of Four Highlights at WTC 2024 Exhibition in China

The World Tunnel Congress 2024 is set to be held with great fanfare during 19-25 April ’24 at Shenzhen, China. To date, the Congress has drawn the world's leading companies in the tunnel industry to participate in the event.

Read more ...

CCMA Successfully Hosts the 4th International Suppliers Conference 2023 on 'Construction Chemicals for the Next Gen'

CCMA Successfully Hosts the 4th International Suppliers Conference 2023 on 'Construction Chemicals for the Next Gen'

The Construction Chemical Manufacturers Association (CCMA) has successfully organized the 4th International Suppliers Conference 2023 on "Construction Chemicals for the Next Gen" on the 4th and 5th of December, 2023, at Taj Vivanta, Navi Mumbai

Read more ...

EXCON Bigger & Better in 2023 - Puts the Spotlight on High-Tech Machines Alternate Fuels Electric Equipment Hydrogen Engines

EXCON Bigger & Better in 2023 - Puts the Spotlight on High-Tech Machines Alternate Fuels Electric Equipment Hydrogen Engines

Spread over 32,00,000 sqft of display area, CII Excon 2023 attracted over 75,000 visitors, 1,021 exhibitors, including more than 100 from overseas (as per preliminary figures; final will be revealed post-UFI audit), and participation

Read more ...

Sustainable Construction takes Center Stage at WOC India 2023

Sustainable Construction takes Center Stage at WOC India 2023

The 9th edition of World of Concrete India was organised by Informa Markets in India, a leading B2B event organizer, at the Bombay Exhibition Centre, Mumbai. The three-day event that concluded on October 20, 2023, was marked by the presence

Read more ...

EXCON 2023: A Window to India's Engineering Prowess & Global Competitiveness

EXCON 2023: A Window to India's Engineering Prowess & Global Competitiveness

There is a great deal of anticipation amongst exhibitors and visitors from across India and abroad for the upcoming Excon’23. The trade event, one of the largest in Asia in the infra construction equipment sector, has grown

Read more ...

Global Maritime India Summit 2023 Modernizing Logistics and Coastal Shipping

Global Maritime India Summit 2023 Modernizing Logistics and Coastal Shipping

Prime Minister Narendra Modi, while inaugurating the third edition of Global Maritime India Summit 2023 held in Mumbai, remarked that India has a vast coastline, a strong riverine eco-system, and a rich cultural

Read more ...

India Warehousing & Logistics Show A key platform for knowledge sharing in Warehousing & Logistics Industry

India Warehousing & Logistics Show A key platform for knowledge sharing in Warehousing & Logistics Industry

The 10th-anniversary edition of the India Warehousing & Logistics Show (IWLS) is scheduled to take place for three days at the Bombay Exhibition Centre, Goregaon (E) in Mumbai from November 21st

Read more ...

Excon 2023 - Propelling India’s Technological Prowess & Global Stature

Excon 2023 - Propelling India’s Technological Prowess & Global Stature

Preparations for the upcoming Excon 2023 edition are in full swing, with organizer CII, in collaboration with various departments of the Karnataka state government, planning key activities for the attendees. No doubt, given the impressive stature of the

Read more ...

Terex India Hosts TEXCON 2023

Terex India Hosts TEXCON 2023

Terex India’s TEXCON 2023 event, held at its Hosur facility in Tamil Nadu, showcased an impressive line-up of Technological and Sustainable Solutions for Construction and Recycling Industries. P.P. Basistha reports. Terex, global manufacturer of materials

Read more ...

JCB India: Growing its Excavator Business Across Sectors

JCB India: Growing its Excavator Business Across Sectors

JCB India is leveraging its design and manufacturing capabilities to market its excavators as it aims to meet the rising demand from infra development projects. P.P. Basistha witnesses the company’s manufacturing prowess and wide range of products at the

Read more ...

Crane Owners Association of India Organizes 11th AGM

Crane Owners Association of India Organizes 11th AGM

Cowners came together for the 11th Annual General Meeting of Crane Owners Association of India (COAOI) on 29th September 2023 at the Taj Palace Hotel, Mumbai. The gathering included esteemed members of COAOI. SANY India was the event’s partner

Read more ...

ICEMA: Laying the Foundation for a Transformative Future

ICEMA: Laying the Foundation for a Transformative Future

ICEMA’s CE Technology Summit brought together industry leaders, innovators, and visionaries to identify key challenges in the development and adoption of advanced in-house technologies. “The Technology Vision Roadmap developed by the Construction

Read more ...

Demtech: Bigger & Better in 2023

Demtech: Bigger & Better in 2023

The second edition of Demtech 2023 Conference and Exhibition, held at Bengaluru on the 28th and 29th September 2023, played host to 450 delegates, representation from 10 countries, and 45 exhibitors. The success of Demtech 23 has once again proved

Read more ...

CCMA to organize 4th International Suppliers Conference 2023 on “Construction Chemicals for Next Gen”

CCMA to organize 4th International Suppliers Conference 2023 on “Construction Chemicals for Next Gen”

The 4th edition of the International Conference of Suppliers for leading manufacturers and suppliers of construction chemicals is being organized by the Construction Chemicals Manufacturers Association (CCMA). The conference will be held on 4th and

Read more ...

Mumbai to host 3-day India Warehousing & Logistics Show from November 21st

Mumbai to host 3-day India Warehousing & Logistics Show from November 21st

The 10th-anniversary edition of the India Warehousing & Logistics Show (IWLS) is scheduled to take place at the Bombay Exhibition Centre, Goregaon (E) in Mumbai from November 21st. This event, organized by RX India, a part of RX Global (www.rxglobal.com)

Read more ...

CVF Off Highway 2023 - Wraps Up with Remarkable Success

CVF Off Highway 2023 - Wraps Up with Remarkable Success

In a whirlwind one-day event featuring 10+ sessions with 40 esteemed speakers, over 35 partners, and a turnout of 350+ delegates, CVF Off Highway 2023 marked a triumphant close of its 3rd Edition. CVF Off-Highway has solidified its position as the

Read more ...

To get latest updates on whatsapp, Save +91 93545 87773 and send us a 'Saved' message
Click Here to Subscribe to Our eNewsletter.