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Thirumalai Chemicals gets nod for formation of WOS in Netherlands

08 Jan 2019 Evaluate

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.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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