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Pidilite Industries’ arm, Crown Classics form JV Company in Kenya

14 Feb 2019

Pidilite Industries’ wholly owned subsidiary -- Pidilite International Pte. (PIPL) in Singapore, along with Crown Classics, a company in Kenya, has promoted a joint venture (JV) company in Kenya namely Pidilite East Africa.

Pidilite East Africa shall carry on business of construction chemicals & waterproofing material. PIPL shall hold 55% of the paid up share capital of Pidilite East Africa and the balance 45% shall be held by Crown Classics.

Pidilite Industries is a well-known name in the adhesives market. The company has diversified into various segments such as adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations.

Related Pidilite Industries Ltd. Links:

Pidilite Inds. Share Price

2204.95 -10.45 (-0.47%) Nov 30, 18:01
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