PCBL Chemical has incorporated a wholly owned subsidiary, PCBL Chemical USA Inc., under the laws of the State of Delaware, United States of America (USA). The company has subscribed to 1,000 equity shares of PCBL Chemical USA Inc., each having a face value of $1, aggregating to a total consideration of $1,000. These shares have been issued at par and are held entirely by the company, thereby establishing PCBL Chemical USA Inc. as a wholly owned subsidiary.
The subsidiary in USA will facilitate easier access to the North American markets. A local subsidiary in USA would further help to gain strategic market access, proximity to customers and understand regulatory and incentive landscape. The company enables localization of supply chains of carbon black and speciality chemicals which is of critical strategic significance. The company’s US subsidiary would strengthen PCBL Chemical position as a global player in the industry.
PCBL Chemical (formerly known as PCBL) is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.
| Company Name | CMP |
|---|---|
| PCBL Chemical | 284.25 |
| Himadri Speciality | 489.60 |
| Goa Carbon | 366.50 |
| Hi-Green Carbon | |
| View more.. | |
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