Vikas WSP announced that the company management has decided that in future guar gum polymers export business will be done by Vikas WSP, thereby consolidating the business under one roof. Guar Gum Polymers business will be a focused business of the company.
The other group company viz.. Vikas Granaries will completely exit from guar gum polymers business and will focus in the field of mining of granite and manufacturing of Proppants (Frac sand) grounded granite stone wastes into coarse mesh powder 20 -40 mesh or 30-50 mesh for use in oil fracturing and drilling in the domestic as well as export markets.
Guar Gum Polymers business of Group's unlisted company Vegan Colloids has been abandoned and will not enter in this business in times ahead.
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