Vikas EcoTech has signed an MOU with a leading European Company Nafigate Corporation, as of Craze Republic under which Nafigate will transfer Hydal Technology to Vikas EcoTech. Hydal Technology is technological process converting waste cooking oil into PHA biopolymer/ by means of fermentation and subsequent PHA polymer isolation. Vikas EcoTech has already pioneered a technology named as Wastol-P technology, in which waste cooking oil is converted into Plasticizers for plastics and rubbers.
Vikas EcoTech is engaged in the business of trading and distribution of petroleum and petrochemical products. The firm manufactures high-end products used in plastic, rubber, footwear and packaging industries. Its products include thermoplastic rubber compounds, thermoplastic elastomer compounds, methyl tin mercaptides, epoxidised soyabean oil, liquid mixed metal stabilizers, chlorinated paraffin, polyvinyl chloride compounds, ethylene vinyl acetate compounds, polyethylene terephthalate compounds, chlorinated polyethylene and traded products.