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Bhansali Engineering inks joint venture agreement with Japan based NAL

13 May 2013 Evaluate

Bhansali Engineering Polymers has signed a joint venture agreement (JVA) with Nippon A&L Inc, Japan (NAL), at Mumbai on May 11, 2013 to cater to the growing demand of ABS, ASA, AES and other Specialty polymers in the field of Automobile, Telecommunication, Electrical and Electronic goods. NAL is jointly owned by the globally renowned Sumitomo Chemicals Company and Mitsui Chemicals, Inc.

Bhansali Engineering Polymers (BEPL) is a leading name in the petrochemical sector in India. BEPL is a vertically integrated petrochemical company that is into manufacturing of ABS (Acrylonitrile Butadiene Styrene) -- a raw material used extensively across industries like automobiles, home appliances, telecommunications, luggage and other sectors.

Peers
Company Name CMP
Godrej Industries 1106.50
SRF 2540.10
BASF India 3578.75
Pidilite Inds. 1586.00
Tata Chemicals 670.65
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