Sanmar Group, a USD 1.5-billion conglomerate with interests in chemicals, shipping, engineering and metals, is set to expand its engineering business at OneHub Chennai, an integrated industrial park spanning 1,250 acres. The park, a joint venture between CapitaLand Development, Mizuho Bank and JGC Corporation, is located along Chennai’s Old Mahabalipuram Road. Sanmar has secured land within OneHub Chennai for its subsidiaries.
BS & B Safety Systems has acquired 4.5 acres, while Flowserve Sanmar has taken 7.5 acres for expansion. “Sanmar Group has secured land within OneHub Chennai Industrial Park, with BS & B Safety Systems acquiring about 4.5 acres and Flowserve Sanmar taking 7.5 acres for expansion,” a CapitaLand spokesperson confirmed.
BS & B Safety Systems, established in 1981 as a joint venture with BS&B Safety Systems, US, manufactures rupture disks, rupture disk assemblies and burst alert sensors. Flowserve Sanmar, a joint venture with Flowserve Corporation, US, produces engineered mechanical sealing devices such as pusher seals, dry running seals, split seals, metal bellows seals and non-contacting seals. Both companies currently operate from Karapakkam, Chennai.