Plastics Portal For Buying And Selling Plastic Products
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 To Recent News Archives
Recent News
• Naphtha crack in Asia boosted by brisk demand, near 8 month high
• Petronas Chemicals awards US$482 mln construction contract to a consortium
• Growth Opportunities in Continuous Fiber Thermoplastics Market until end of decade
• Demand for plastic waste management services to grow at a CAGR of 3.02% uptil 2020
• Global Thermoplastic Polyurethane films market to be valued at US$724.6 mln by 2020