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Vikas Ecotech exploring strategic tie ups to improve raw material security

15 Feb 2019 Evaluate

Vikas Ecotech (VEL) is exploring strategic tie ups to improve raw material security and subsequently stabilise production of Organotins. VEL has tied-up with a leading German company to produce 2-EHTG which is the key raw material for production of Organotins. The company is also pursuing an opportunity to acquire established manufacturing facility to reduce lead time to the market.

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.

Peers
Company Name CMP
Godrej Industries 1084.35
SRF 2508.45
BASF India 3514.10
Pidilite Inds. 1505.40
Tata Chemicals 647.25
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