Key Announcement
Aether Industries Limited and Dow India have launched a collaborative research program to develop new manufacturing technologies for silicones. Silicones are described as a strategically important class of high-performance materials with applications across construction, mobility and transportation, electronics, healthcare, and personal care.
Program Execution Details
All research and pilot-scale development will be carried out at Aether's R&D and pilot facilities in Surat, Gujarat. The program will be jointly executed by both companies.
Strategic Significance
This collaboration represents one of India's dedicated collaborative research programs focused on developing new manufacturing technologies for silicones. The agreement establishes a framework for a long-term strategic partnership, including the potential commercialization and industrial-scale manufacture of technologies developed through the program.
Management Commentary
Dr. Aman Desai, Co-Founder and Director, Research and Operations, Aether Industries stated that Dow has chosen Aether as its exclusive research partner for this pioneering program. The collaboration brings together Aether's core chemistry and technology competencies with Dow's global leadership in silicone applications.
Brendy Lange, President of Dow Performance Materials & Coatings noted that the collaboration strengthens Dow's ability to bring materials science innovation closer to high-growth markets and evolving customer needs, with opportunity to accelerate innovation and create differentiated silicone solutions.
Dr. Mukund Parthasarathy, Business Vice President of R&D, Dow Performance Materials & Coatings emphasized that innovation advances future-ready growth, and through this collaborative approach, they can move faster from science to scalable technologies.
Siddhartha Ghosal, Country President of Dow India highlighted India's growing demand for advanced materials as a strong opportunity to develop differentiated technologies closer to the market, creating value for customers and supporting local innovation.
Expected Impact
The program aims to facilitate indigenous technology development and manufacturing, addressing India's rapidly expanding silicone materials market. Financial impact not quantified in the disclosure.