India’s Kemrock signs deal with National Aerospace

19 April 2007 10:27  [Source: ICIS news]

NEW DELHI (ICIS news)--India’s Kemrock Industries and Exports said on Thursday it will manufacture carbon fibre with domestic technology to further broaden its product range of reinforced polymer composites.

 

The company said it had entered into a technology transfer agreement with Bangalore-based National Aerospace Laboratories (NAL). NAL is part of the government’s network of national laboratories.

 

Kemrock did not disclose any additional information on its proposed project.

 

Last year, Kemrock sold a 14.9% equity stake to RPM International, a specialty coatings and sealants major from the US. It also formed a joint venture with another US company, Georgia-Pacific Resins.

 

The joint venture named Georgia-Pacific Kemrock International produces phenolic and unsaturated polyester resins at Baroda in Gujarat State.

 

 

By: Naresh Minocha
+65 6780 4359

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