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ECKART, a manufacturer in the effect pigment market, has entered into a joint venture agreement with Runaya, a manufacturer focusing on sustainability, to establish a facility in Orissa, India for production of spherical atomized aluminum granules. The granules serve applications in aerospace, solar panels and high value effect pigments. The companies have also signed a Memorandum of Understanding to manufacture high quality aluminum pigments.

According to Christian Przybyla, president of ECKART, “the success story that Runaya has written by establishing sustainable production processes is impressive. By pooling our expertise in the growth market of India, we want to drive innovation and create long-term value for our customers.”

Naivedya Agarwal, managing director and co-founder of Runaya, added, “this partnership is a game-changer in our pursuit of circular economy. It not only transforms the aluminum industry but also showcases the power of global alliances in addressing environmental challenges. By redefining the aluminum powder segment, we are setting a new global benchmark for green manufacturing.”