Plastics Portal For Buying And Selling Plastic Products
CONNECTING BUSINESSES IN THE WORLD OF PLASTICS
Go to->Home - PlasticNews
Tata Capital acquires stake in Pluss Polymers (3-12-2012)
 
Tata Capital Innovations Fund, VC firm headed by Tata Capital, invested Rs 15 Cr in specialized polymer maker Pluss Polymers Pvt. Ltd. through equity infusion.
The company is in the business of R&D and manufacture of specialized polymers and phase change materials (PCM) and the funds will be utilized to enhance R&D and manufacturing initiatives.
The firmís product finds application in white goods, auto and plastic film industries by enhancing the properties of polymer compounds. PCMs are used for thermal energy storage and serve to balance and maintain heating/cooling load requirements. It now plans to tap the international market along with capacity expansion and heading into new geographies.
Previous News Previous News
Next News Next News
Forward to friend Forward this news to friend Print this News Print this news
Back
Back To Recent News Archives
Disclaimer
Recent News
• Chandra Asri in JV with BP Singapore for preliminary study to develop condensate splitter project in Banten
• Polyolefin spot prices in Europe dip amid falling naphtha, seasonal slowdown
• Chevron Phillips Chemical to build Polyethylene pilot plant at Bartlesville Research Center
• India's Samvardhana Motherson group acquires assets of German Scherer & Trier
• BASF to sell stake in ELLBA Eastern to Joint Venture partner Shell