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Thermax arm to form JV with Vebro, Machester for flooring chemical business

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Last Updated : Jul 11 2024 | 4:32 PM IST
Thermax announced that its wholly owned subsidiary, Thermax Chemical Solutions (TCSPL) has entered into shareholders agreement with Vebro Polymers Holdings (Vebro), Manchester, England to incorporate a new company engaged in flooring chemical business. The acquisition of shares by TCSPL and Vebro will be in ratio of 50.1:49.9.

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First Published: Jul 11 2024 | 4:12 PM IST

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