Pidilite to manufacture Litokol and Tenax products from Italy in India
Pidilite Industries Ltd announced the launch of its state-of-the-art manufacturing facilities under its two joint ventures, Pidilite Litokol Pvt Ltd (PLPL) and Tenax Pidilite Pvt Ltd (TPPL), in Amod, Gujarat.
Litokol SPA Italy and Tenax SPA Italy have transferred technology to Pidilite as part of the Joint Venture. This event signifies a milestone development in technology transfer in India's stone and ceramic solutions industry, the company said in a statement.
Further, Tenax offers some of the best product solutions for the installation and upkeep of marble and granite stones. These products provide a seamless finish and long-lasting luster and shine to marble and Granite.
Litokol's Starlike range of quartz-based technology epoxy grouts are stain proof, nonabsorbent and highly suitable for both interior and exterior floor and wall applications, even in severe operating conditions.
In a regulatory filing, the company said, "the new manufacturing units are spread over an area of 27000 sq ft for Litokol & 21000 sq ft for Tenax respectively and are fully automated. With this technology transfer to the joint ventures, Pidilite will be leveraging its distribution network to market & sell epoxy, urethane grout and certain epoxy adhesives for tile application in case of Pidilite Litokol Private Limited and stone care range products in case of Tenax Pidilite India Private Limited.
With advanced technology and strategic partnerships, Pidilite is poised to redefine the industry landscape and offer customers world class products.
Source: Media Reports