Vikas Ecotech has inked distribution agreement with Yuntinic Resources, Inc., USA subsidiary of Yunnan Tin Co of China for distribution of its Organotin range of PVC heat stabilisers in the USA and North American markets. This agreement with Yuntinic will provide the company’s access to the largest consuming US market.
As per the distribution agreement, Yuntinic Resources will begin sourcing Organotin stabilizers from Vikas EcoTech for supply and distribution to the US and North American markets. The company’s Organotin sample shipments have already been approved by consumers in the US. VEL expects to reach an export run-rate of over 1,000 tonnes per annum of Organotins by FY20. Accordingly, the company expects Organotin capacity utilization to rise significantly in FY20.
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.
