Press Release – 16th June 2015 Paris Air Show Le Bourget
Three leading suppliers of chemical products to the aerospace and other high tech industries have joined forces to invest in developing a leading position in the rapidly expanding Indian market.
Pexa Ltd, Socomore and Sherwin Inc. are all members or associates of the Aerochemicals Aliiance, a grouping of companies involved in the supply of chemical products to the aerospace industry. As such they work together closely to develop synergies which benefit their customers. Pexa is a specialist distributor of surface treatments and coatings and brings extensive experience of supply chain management in the aerospace industry. Socomore is a leading manufacturer of surface treatment products and is approved by major OEMs to the latest technology specifications. Sherwin is a manufacturer of NDT products including dye penetrants and magnetic particle inspection materials. All 3 companies are leaders in their fields and provide materials for all major aerospace projects currently underway including those of Airbus and Boeing.
This new partnership will involve Pexa taking the lead in India, entering into agreements with customers and suppliers, employing any local staff and developing local facilities. Socomore and Sherwin will support the investments and provide their technologies and technical support via the new venture. The companies will build on their existing successful business partnerships with customers in Bangalore, Hyderabad and Belgaum and plan to locate their new operation in the Bangalore area.
The aerospace industry in India is growing rapidly and major projects for industry leaders such as Boeing and Airbus are already underway. The defence sector will also expand via international partnerships and technology transfers. The partners are very well placed to support this rapid growth. Pexa will be launching this new venture at the Aerochemicals reception at the Paris Air Show 16th June. Please contact us if you would like an invitation.
For further details please contact Jim Rowbotham, Managing Director of Pexa Ltd firstname.lastname@example.org