A joint venture between the Kineco Group and Exel Composites creates a new composites design, engineering, and production company focused on serving the Indian market with pultruded composite solutions.
The joint venture brings together two well-known names in the composites industries, Exel Composites and The Kineco Group, creating a new company called Kineco Exel Composites India (kinecoexel.com). The company and its manufacturing facility are based in Goa, India and will offer pultruded composites for markets as diverse as transportation, wind power, infrastructure, telecommunications, aerospace and defense.
The Kineco Group, also headquartered in Goa, was founded in 1995 and offers a range of advanced composite products and integrated systems, and is known for its capabilities and quality, as well as its composite design know-how. Exel, founded in 1960 in Finland, is today the world’s largest pultruder; the joint venture is the latest step in the company’s global growth strategy.
26 October 2021