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Chembond Chemicals inks JV agreement with I-Chem Solution

26 Feb 2016 Evaluate

Chembond Chemicals has signed a Joint Venture (JV) agreement with I-Chem Solution Sdn Bhd, Malaysia, operating in the water treatment solutions business, to serve water treatment market. The company would own 51% of the equity in the Joint Venture with the balance being held by I-Chem Solution Sdn Bhd.

Chembond Chemicals is engaged in specialty chemicals business and offers a range of products for industrial applications. The company offers products for applications in the areas of construction chemicals, industrial coatings and chemical trading.


Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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