Vikas Ecotech has marked its foray into the heat stabilizer segment for flexible PVC applications with the introduction of nontoxic and eco-friendly Calcium-Zinc (CaZn) heat stabilizers. These additives are primarily used in the manufacture of flexible PVC applications such as cables, soft hoses, toys, healthcare products etc. This range of products has a high potential in view of the Indian PVC industry steadily phasing out toxic-metal based stabilizers such as lead. This will be the second green stabilizer offering from the Vikas Ecotech stable. This product will complement the existing offerings and open another business avenue for the company.
The trial production of CaZn stabilizers had begun in December 2017 while the commercial production will commence in February 2018. The company has installed this manufacturing unit at its primary manufacturing facility in Shahjahanpur, Rajasthan with a capex of Rs 10 crore. This facility has a potential to generate Rs 60-70 crore of revenue at full capacity.
Vikas Ecotech is an emerging player in the global arena of high-end specialty chemicals. An integrated, multi-specialty product solutions company, it produces a wide variety of superior quality, eco-friendly additives and rubber-plastic compounds.
