TT&A advised Eckart GmbH in setting up a joint venture with Runaya to build a greenfield sustainable aluminum powder facility in Odisha.

Eckart (headquartered in Germany) is a global manufacturer in the effect pigment market, and part of the Altana Group. Runaya is an Indian manufacturer having alliances with global technology leaders across a portfolio of high-technology products. The joint venture is establishing a new facility in Orissa (India), to produce amongst the most sustainable spherical atomized aluminum granules. The granules cater to high-end applications in aerospace, solar panels and high value effect pigments.

TT&A Corporate Team: Feroz Dubash & Pratika Shankar – Partners and Aanchal Kabra – Associate

TT&A Competition Team: Sonam Mathur – Partner; Shubhang Joshi – Managing Associate and Rishabh Joshi & Srivaishnavi R – Associates