ALA Chemicals Pvt Limited based in Mumbai , the pioneers of PVC Stabilizers in India and Akcros Chemicals Ltd, global leaders in Mixed metal stabilizer technology , have signed a Technology Licensing Agreement which allows ALA Chemicals to produce and manufacture for the Indian market a range of top quality Barium Zinc and Calcium Zinc liquid stabilisers, Calcium Zinc Solids and Pastes, Potassium Zinc Kickers, Barium Cadmium Zinc and a range of Organotins and Polymeric Plasticisers. The products will be sold under the ALA Brand into both the flexible and rigid PVC processing markets in India .
“We are extremely excited about this cooperation bringing together the local production capability of ALA Chemicals and the formulation expertise of Akcros Chemicals” said Anil Anand, Director of ALA Chemicals.
“This agreement paves the way for the introduction to the Indian market of state of the art stabiliser technology which will be manufactured locally, at ALA’s facilities near Mumbai. The products being offered will help develop to the next level, formulations for production processes such as spread coating, calendaring extrusion and injection moulding in India which we recognize as a growth market. “
Jeff Simmonds, CEO of Akcros Chemicals, added, “The agreement optimises the strengths of both partners by combining the formulation knowledge of Akcros Chemicals developed over many years in the global market with ALA’s local production capabilities and their extensive sales and & distribution networks”. It also demonstrates Akcros’ long term commitment to the Indian
For further information, please contact:
RichardCatchpole:EuropeanManagingDirector :Richard.Catchpole@akcros.com
Anil Anand : Director
ALA Chemicals, Mumbai |
