Thirumalai Chemicals has received approval from its board for formation of a Wholly Owned Subsidiary (WOS) in the Netherlands for marketing and distribution of the company’s products in Europe and other countries. The subsidiary in Europe will also handle REACH Compliances. The initial investment will be up to euro 200,000.
Thirumalai Chemicals manufactures and markets organic acids, anhydrides and derivatives for a variety of global industries including plastics, resins, paints, and coatings, agro chemicals, food, pharmaceuticals, textiles, personal care, paper, etc.