Aether Industries and Dow Initiate Collaborative Research Program for Silicone Manufacturing in India
Aether Industries Limited, a leading specialty chemical manufacturer and provider of contract research and manufacturing services (CRAMS), and Dow Chemical International Pvt. Ltd. (Dow India) have announced a collaborative research program aimed at developing new manufacturing technologies for silicones in India.The initiative represents an important milestone dedicated to advancing domestic innovation in the sector. Silicones are defined as strategically important high-performance materials, finding applications across critical industries including electronics, construction, mobility and transportation, healthcare, and personal care. This collaboration seeks to create a substantial opportunity for indigenous technology development and manufacturing within India.
The program will be jointly executed by both companies. All research and pilot-scale development activities will be conducted at Aether's R&D and pilot facilities located in Surat, Gujarat. The partnership establishes a framework for a long-term strategic alliance, which includes the potential commercialization and industrial-scale manufacture of technologies developed through the program.
Speaking on the collaboration, Dr. Aman Desai, Co-Founder and Director, Research and Operations at Aether Industries, stated that they are delighted that Dow has chosen Aether as its exclusive research partner for this pioneering program. He added confidence that the partnership will deliver innovative manufacturing technologies and establish a long-term platform to address India's rapidly expanding silicone materials market.
The strategic benefits of combining capabilities were echoed by Brendy Lange, President of Dow Performance Materials & Coatings, who noted that the collaboration strengthens Dow's ability to bring materials science innovation closer to high-growth markets and evolving customer needs.
Dr. Mukund Parthasarathy, Business Vice President of R&D at Dow Performance Materials & Coatings, emphasized the speed of development, stating, "Through this collaborative approach, we can move faster from science to scalable technologies, helping address market demand while unlocking future business opportunities in silicones."
Siddhartha Ghosal, Country President of Dow India, highlighted that the program and its associated strengths will create value for customers and support local innovation by developing differentiated technologies closer to the market.
AETHER Stock Price Movement
Aether Industries surges as of 12:50 PM, with its stock climbing by 5.98% to reach ₹1580 in live trading. The robust performance sees the equity touch its 52-week high, backed by a volume of 1.38 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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