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MOTORINDIA
l
July 2012
McCoy sealants capacity to be
expanded further
McCoy Soudal is a 50:50 joint
venture company between the Mc-
Coy Group of India and the Soudal
Group of Belgium. It is one of the
largest manufacturers of sealants,
adhesives and polyurethane (PU)
foams in the world. Now with 11
manufacturing plants, operations
cover more than 35 countries and
product availability in more than
120 countries.
McCoy was established in India
in 1996 and Soudal in Belgium in
1966. McCoy Soudal has today nine
regional offices across the coun-
try and is making its presence felt
throughout the industry in India and
SAARC countries.
McCoy Soudal India forms part of
a 150-member strong McCoy Group
with techno commercial service-
oriented manpower to cater to the
ever-increasing needs of the Indian
customers.
The company has invested ap-
proximately Rs. 50 crores to build
one of Asia’s finest and largest seal-
ants & adhesives manufacturing
plants at Bawal in Haryana. This
plant was commissioned in a record
period of 14 months.
The plant will initially be able to
produce 15 million units of cartridg-
es, sausages and tubes of sealants
and adhesives which will be further
scaled up to 30 million units in phase
II in 2014. The current capacity re-
quirements will be met by the Indian
market as well as nearby SAARC
countries where McCoy Soudal has
already established a reasonable dis-
tribution and sales network.
At present it is producing mostly
silicone sealants, which will be ex-
panded to all other sealants (acryl-
ics, polyurethanes and MS poly-
mers) and adhesives in the near
future. Sealants are now sold across
all major trade counters in India.
The challenge however is to restruc-
ture this market by spreading a high
level of awareness and education to
customers in India.
In addition, the plant will cater
more specifically to the require-
ments of special packing needs of
the DIY (do-it-yourself) markets
and making sure sealants can be
made available to the masses for
home and decoration
markets.
w
component zone
McCoy Soudal sealants have
major applications such as in
automotive OEM, automotive
aftermarket, bus body and
coach, all major private bus
builders and road transport
corporations.