Business Daily from THE HINDU group of publications
Thursday, Nov 05, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, Nov 05, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Outlook Industry & Economy - Standards & Benchmarks Underwriters Lab to test new markets with TTC buy The acquisition was a strategic investment to seize opportunities where it can provide assistance to manufacturers with its market access. Our Bureau Bangalore, Nov. 4 India’s growth story has enabled Underwriters Laboratories chart a 40 per cent growth in its product safety and certification business that has seen new portfolios such as water, renewable energy and now plastics testing. The not-for-profit independent certification agency recently acquired Thermoplastics Testing Centre (TTC) of Bayer Materials Sciences, Germany, to extend the expertise in materials testing to Indian automotive and other users. UL India has been awarding safety certificates to plastics used in electrical and electronics. It will leverage TTC’s expertise for testing materials used in automobiles that do not require safety certification but need to be tested for acceptability in the international market. Early this year, UL had announced extending its services for testing of drinking water containers such as PET. UL already provides product certification for PV (poly-vinyl) products for over 30 Indian customers. Sharing information on the company’s strategy to strengthen its presence in India, Mr Bill Colavecchio, Vice-President and General Manager, Industrial Products Sector, told Business Line that TTC’s predominant role is testing of plastic materials and the acquisition was a strategic investment to seize opportunities where it can provide assistance to manufacturers with its market access. He, however, ruled out replicating the TTC’s facility in India. With its highly specialised technology and cost- effective services, there is no such plan at present. Mr Colavecchio, however, said India could figure in its plans for replicating its core technical competence in certification outside its US centre. Mr Manish Bhatnagar, Director, Sales and Marketing (India), said UL India was planning to scale its headcount from its present 200 for expansion programme. Underwriters Lab to certify wind turbine generators Underwriters Labs starts certification programme for packaged water Underwriters plans solar PV testing lab More Stories on : Outlook | Standards & Benchmarks
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