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Pidilite Industries to explore induction of strategic partner for Synthetic Elastomer project

11 Jun 2013 Evaluate

Pidilite Industries has decided to explore induction of a strategic partner for the Synthetic Elastomer project with due consideration to techno-commercial factors and completion of a strategic review. The construction work on the project remained suspended as the company was evaluating various alternatives regarding the future of the project.

Pidilite Industries has diversified in 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. It has created brands like Fevicol, Dr Fixit, Cyclo, hobby ideas, Roff and M-Seal.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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