Ge Plastics India Ties Up With 2 Firms

GE Plastics India on Monday said it had formed a manufacturing and sourcing alliance for plastics with two firms, Polychem Ltd and Rajasthan Polymers and Resins Ltd.

A statement from GE Plastics said the two firms will manufacture its Cycolac brand of acrylonitrile butadiene styrene. This will be in addition to the manufacture of the brand at its own site, it said.

"GE Plastics India will provide the technology support as well as market and distribute (the product) through its existing network," the statement said.

"The alliance demonstrates GE Plastics India's commitment to develop and drive the growth of engineering plastics in India through improving its capability and building sustained partnerships with the local industry," the statement quoted the firm's managing director and chief executive officer, Sarup Chowdhary, as saying.

 

GE Plastics India is an equal joint venture of Indian Petrochemicals Corporation Ltd and GE Plastics Europe, it said.