MoneyWorks4Me

Vikas Ecotech bags orders for Organotin Heat Stabilizer material from HIL

28 Feb 2022 Evaluate

Vikas Ecotech has received orders for its Organotin Heat Stabilizer material from HIL (CK Birla Group), for application in the food grade drinking water plumbing systems, essentially the cPVC Pipes & Fittings. The current order received from HIL is valued about Rs 2 crore and will be completed within 20 days. With the receipt of this order, the company has accomplished complete revival of the Organotin domestic customers and business post the disruptions caused during the pandemic situation.

Further, the company has received an approval and the first bulk (commercial) order for the Flame Retardant Additive from the E V conglomerate the Renowned ‘Olectra Green-Tech’. Olectra Greentech – a subsidiary of MEIL Group is the India’s largest Pure Electric Bus manufacturer having manufacturing facilities at Hyderabad, India.

Vikas Ecotech is a New Delhi based company engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods.

Peers
Company Name CMP
Godrej Industries 1085.00
SRF 2507.70
BASF India 3515.65
Pidilite Inds. 1500.00
Tata Chemicals 647.10
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