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Ahmedabad, August, 2016 /PRNewswire/ – Astral Poly Technik Ltd has joined hands with Japan-based Sekisui Chemical Co Ltd to source chlorinated poly vinyl chloride (CPVC) resin for hot and cold water plumbing system. This strategic tie-up enables Astral to go for backward integration into developing its own CPVC compound.
On account of this tie-up, the company has launched its own brand, Astral CPVC Pro, for CPVC pipes and fittings for hot and cold water application. This product has NSF-61, ISI, UIPC approvals. The CPVC compound is also NSF certified for potable water.
According to the Managing Director of Astral, Mr Sandeep Engineer, “With this strategic tie-up with Sekisui and backward integration, we plan to take Astral to new heights and make ourselves self-sufficient with our own brand. It is a matter of great pride for all our stakeholders that Astral has decided to join hands with Sekisui, a USD 10 billion company.”
Mr Toshiya Yasunaga, Sekisui stated, “Astral’s impressive growth over the last 8-10 years along with innovations in terms of products and their state-of-the-art facilities are some of the key factors which ensured we enter into this partnership. Through Astral it will be our endeavour to bring in latest technology and manufacture the best CPVC pipes in India. At Sekisui we have always strived for high profitability and sustained growth. Sekisui ensures their partners to supply CPVC with stable and good quality so that they can manufacture the most superior quality CPVC pipes and fittings for the plumbing industry. Sekisui promises to contribute developing Indian infrastructure and good life through our innovations and technical know-how in this field.”
The US and EU recently announced higher import duties on some Chinese products and FDI from China is already facing heightened scrutiny in several parts of the world.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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