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Quaker Source: Quaker Chemical India Ltd
Houghton
aims to repair and maintenance cost can He further informs that the Speaking further he says, “Be-
be carbon help in lowering the TCO. We company has been executing tween NHE and Grindaix, we
neutral in its follow a similar approach while its strategy in blocks of three now have significant engineer-
global op- developing our solutions and years which has helped it to ing, design, fabrication and
erations by proposition for our customers grow ahead of the market in cloud-based IT capabilities em-
2030. It is through the supply of our val- the last six years and looks for- bedded inside the global com-
committed ue-added products and services.” ward to leverage this further. mercial organization. Working
to achieve together, our two companies
net zero Mapping the future Joint venture will be able to provide signif-
emissions Speaking about India’s stra- Quaker Houghton has entered icant benefits and improved
across the tegic importance, Tridib says into an exclusive joint venture process applications to our cus-
entire value that with India poised to be- with Grindaix GmbH, a Ger- tomers around the world.”
chain by come a $5 trillion economy man-based, high-tech provider
2050. in the near future, the com- of coolant control and deliv- Safeguarding environment
pany plans to leverage on the ery systems. Tridib sees the Quaker Houghton aims to be
increased purchasing power of partnership as a strategic fitSource: Quaker Chemical India Ltdcarbon neutral in its global op-
the burgeoning middle-class for the company’s business, erations by 2030. It is commit-
population. The company is bringing broad application po- ted to achieve net zero emis-
looking for market penetration tential across the entire portfo- sions across the entire value
and market development strat- lio. The investment adds high chain by 2050. This it hopes to
egy and aims to achieve this by value to the firm’s equipment do through energy efficiency
increasing the depth and conservation measures,
and width of its distri- solutions and fluid purchasing green power and
bution from existing intelligence offerings. energy attribute certificates (for
customers and grow- The technical ad- example, renewable energy cer-
ing its customer base. vantage gained also tificates) and neutralize residu-
Quaker Houghton support customer’s al emissions using high-quality
aims to do this by fol- movement towards carbon offsets. This, it believes,
lowing its core values Industry 4.0 and au- will result in a better and safer
— Live Safe, Drive Re- tomation and comple- world and make a positive dif-
sults and Exceed Cus- ments its recent acqui- ference in the lives and organi-
tomer Expectations. sition of Norman Hay zations it touches.
Engineering (NHE).
36 | May-June 2021 Modern Manufacturing India
