Manali Petrochemicals has concluded the acquisition of Notedome of the UK, a manufacturer of Neuthane Polyurethane Cast Elastomers for Rs 120 crore. The acquisition was done through its UK Subsidiary, AMCHEM Speciality Chemicals and was funded through internal resources and international banks.
Notedome, established in 1979, is a System House with more than 30 years experience, manufacturing Neuthane Polyurethane Cast Elastomers catering to customers across 45 countries. Neuthane polyurethanes are used in diverse range of industries and applications, in the automotive sector for anti-roll bar, suspension and shock bushes for buses, trucks and other high performance vehicles, limit or bump stops, material handling etc. and in the agriculture sector for Rollers, Harvester components and idler wheels on track laying tractors.
Manali Petrochemicals is a leader in the production and marketing of Propylene Oxide, Propylene Glycols and Polyols in India. The Company operates two grassroot production facilities at Manali to manufacture Propylene oxide (PO), Propylene Glycol (PG) and Polyols.
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|---|---|
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| Pidilite Inds. | 1437.80 |
| Deepak Nitrite | 1858.00 |
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