Singapore-based membrane technology provider to set up manufacturing facility

Singapore-based Memsift Innovations, a developer of cutting-edge membrane technology solutions, formed a strategic relationship with Parry Enterprises India Ltd, a division of the multifaceted conglomerate Murugappa Group.

By combining Memsift Innovations’ expertise with the vast resources and commercial reach of Parry Enterprises India Ltd., the alliance intends to change the production of membranes and the water industry as a whole.

The two organisations would establish a cutting-edge membrane manufacturing facility with the ability to produce 1.2 million sq metres of premium membranes annually.

According to a statement, Parry Enterprises did not reveal the investment figures for setting up the manufacturing unit nor the location that has been identified to set up the facility.

The facility once operational would cater to the growing demand for Memsift Technologies to serve various industries including chemical, pump and paper, pharmaceuticals among others.

Site Moved. Visit our New Website

We have moved this news site from this URL to https://www.newprojectstracker.com/capex-news .

Visit this site for regular updates

Buy Latest Research Reports

Jayaparakash Sampath

Founder & CEO at NPT Research Information Services

Related Posts