Kindly brief us about your company in terms of when it was started, products/services manufactured/offered, manufacturing facilities, end-user industries served.
Parson Adhesives India Private Limited is a business unit of Parson Adhesives, Inc, USA. Parson Adhesives is one of the leading manufacturers of a wide range of high-performance engineering and structural adhesives and sealants. The Parson range of adhesives is currently used by many large companies in the USA, Germany, France, Italy, the UK, Turkey, Brazil, Mexico, China, Taiwan, and India, having a presence in 56 countries for more than three decades. The major manufacturing activities are conducted at Evansville, USA.

Parson Adhesives is one of the few companies that have various types of high-performance engineering and structural adhesive technologies. These include anaerobic, cyanoacrylate, acrylic and methacrylate, epoxy, polyurethane, UV-curable adhesives, silicone, and special polymer-based sealants. Our research scientists work tirelessly to evolve newer products to meet application challenges. Looking beyond the future, our technical team continuously produces innovative adhesive products to meet a wide range of applications. Efforts continue to develop new polymers to exceed the ever-increasing requirements of market developments in exotic new materials.

Parson Adhesives is growing globally and in India, increasing its presence in various industrial segments and applications every year. Parson’s R&D team is involved in developing different adhesives and sealants solutions for industries after identifying their concern areas.

Parson Adhesives provides value-added solutions with effective cost reduction in processes without compromising quality and complying with international standards as per customer demand.

All major industries with assembly lines or manufacturing lines are users of Adhesives and Sealants. These include automotive, renewable energy (especially wind mill and solar mounting), engineering, oil and gas, electronics, machine manufacturers, medical device manufacturers, marine, aerospace, defense, sporting goods, display & sign boards, railways, plastic and metal fabrication, composite component manufacturers, bath fitting industry, general assembly, etc.

How is your company contributing to the growth of the Indian manufacturing sector?
Over the last two decades, the manufacturing sector's contribution to the GDP has remained unchanged at 17 per cent. The Indian manufacturing sector needs to gear up through expansion, diversification, technological advancement, competitive scaling up, and skill enhancement. There is a need to improve all three performance indicators, namely productivity, efficiency, and competitiveness, in India's manufacturing sector.

Innovation is key to the growth of adhesives and sealants. We contribute to the manufacturing sector by adding the following values:

How is Parson Adhesives India helping firms preferring for sustainable products and solutions?
Sustainability is becoming a significantly important driver of choice for employees and customers. In the last couple of years, several large companies have announced climate pledges, environmental goals, social responsibility initiatives, and other CSR plans with the hope of attracting customers and creating a positive reputation. People are the foundation of our businesses. We are committed to creating an engaging, healthy, sustainable, and welcoming workplace for all. We are committed to improving operational efficiency and lowering costs. We have concerns around attracting, motivating, and retaining employees. We are developing working plans for key areas, including supply chain, employees, and the environment.

The change in strategy not only meant that the business became more sustainable but also more efficient, delivering bottom-line benefits.

Could you please highlight on some of the “Green Engineering” solutions offered by you to your customers in the industrial sectors?
Growing concern for the environment, increasingly stringent standards for the release of chemicals into the environment, and economic competitiveness have led to more environmentally friendly approaches that have resulted in greater pollution prevention through waste reduction and efficiency maximisation.

Currently, the majority of the world’s energy is supplied through petrochemical sources, coal, and natural gas. However, the depletion of fossil fuels, increasing energy demand from various sectors, global warming, environmental pollution due to the widespread use of fossil fuels, and price fluctuations make petroleum-based energy unreliable. Therefore, it is increasingly necessary to develop renewable energy resources to replace traditional sources. We provide bonding and sealing solutions through our structural adhesives and sealants to renewable sectors.

Our UV-cured adhesives and sealants use the sun’s natural ultraviolet light to activate the bonding process, eliminating the need for solvents or other harmful chemicals. Since they do not contain VOCs (Volatile Organic Compounds), they are considered much less harmful and a viable eco-friendly alternative. These adhesives are commonly used in the electronics and automotive industries, where they help secure small components and parts. UV-cured adhesives offer fast bonding times and can be used on a variety of materials, including glass, metal, and plastic. They may also be used in electrical, construction, and life sciences applications.

Our solvent-free adhesives are considered a more sustainable alternative to traditional solvent-based adhesives, which release harmful VOCs into the atmosphere. Solvent-free adhesives are typically made from materials such as acrylic or epoxy, which require fewer solvents to activate the bonding process. These adhesives are also non-flammable and non-toxic, making them an excellent choice for indoor applications where air quality is a concern.

In addition to the adhesives themselves, sustainable solutions can also involve changes in application techniques and equipment. For example, switching to automated adhesive dispensing systems can help minimize waste and ensure accurate adhesive application, while also reducing the amount of labor required.

Better solutions that are safe for humans and the environment – we can count on us to reduce our carbon emissions and create more sustainable adhesives.

With over 30 years of pioneering adhesive solutions in the hygiene market, Parson Adhesives knows what matters to customers. At Parson Adhesives, we recognise the power in having a partner with problem-solving capabilities and global research and development capabilities. We deliver the solutions that enable the product designs your customers want, as well as the end-to-end support the business needs.

Parson experts have succeeded in developing adhesive technologies without isobornyl acrylate. Our adhesives are dermatologically safe and free of allergenic ingredients.

How do you plan to scale up your business in the near future?
At Parson Adhesives, we are building a strong foundation for the future with smart, innovative technologies, through a highly dedicated team, as well as high cash generation capabilities and over 100 per cent growth in sales.

In order to further strengthen our competitive edge, Parson Adhesives will focus on accelerating impactful smart innovations, being passionate about quality, boosting sustainability, creating plans for realistic goals, strategizing to increase sales, expanding our team according to needs, and developing processes for acquiring new customers as a differentiating factor and a customer value creator.

Additionally, we are working to reduce delivery costs, exploring sales cost reductions, accelerating the development and introduction of new products, increasing market share, enhancing profitability, improving sales closing, and maintaining a strong focus on new product development.

Parson Adhesives was established in 2013 in India and started exporting to nearby countries including Nepal, Bangladesh, Sri Lanka, Russia, etc. Parson Adhesives India is relocating to a larger space in the nearest Industrial Estate of Vadodara city and is planning to expand the business by 250 per cent in 2024.

Last but not least, we need to upgrade our sales and marketing staff's skills to match their capabilities with our technology-driven strategy. This will create a win-win situation in 2024 and beyond, with a proactive approach.