Arrow Coated Products (ACPL) has entered into a Memorandum of Understanding (MoU) with Misapor AG, based in Switzerland with an objective to manufacture and deal in Green Technology Products, focused on saving Earth’s resources. Arrow Coated Products and Misapor will incorporate a Joint Venture (JV) Company in India with majority share holding belonging to Arrow.
Arrow Coated Products is manufacturer of Cast water soluble film. Misapor AG, is having a technology of manufacturing of foamed glass based Misapor building materials and fillers, used for Infrastructure projects like Roads, Bridges, Housing, Airports etc.
Arrow is planning to manufacture and market Misapor products and technology to the Asian markets, including India and Mid-east markets, including UAE, Qatar, and Saudi Arabia etc.