The 5-year analysis of Multibase India Ltd's performance infers:
We analysed the performance of Multibase India Ltd share prices over the last 10 years. Here is what we found out:
Multibase India Limited, formerly known as Synergy Multibase Limited was incorporated on December 17, 1991 and obtained the certificate for commencement of business on February 19, 1992 from the Registrar of Companies Gujarat at Ahmedabad.
Multibase SA was acquired by Dow Corning in April 2002 and merged the group with the Thermoplastic Division of Dow Corning. Multibase will continue under the name of Multibase, as a merged company.
Multibase is a leading compounder in Europe, the USA
Multibase is a leading compounder in Europe, the USA and India serving the automotive, appliance and garden furniture industries with more than 300 million pounds capacity and a central research laboratory to assist its subsidiaries and customers with research and development challenges.
The companyâ€™s mission is to develop, through their extensive R&D capabilities, materials with the best combination of performance, process ability, and cost-efficiency. New investments are continuously being made to further expand their production facilities and research laboratories with the latest technological opportunities.
Multibase has three plant locations, with an overall annual compounding capacity of over 300,000,000 lbs.
Multibase serves and follows globally the auto, packaging, appliance and garden furniture industries. Sales representation extends to over 50 countries strategically located in Europe, USA, India, Asia and the Pacific Rim.
Product range of the company includes: