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Manali Petrochemical buys Notedome to tap polyurethane market in UK

The company has acquired the UK-based system house, which manufactures Neuthane polyurethane cast elastomers

BS B2B Bureau  |  Mumbai 

Manali Petrochemicals Ltd (MPL), one of the leading producers of propylene oxide, propylene glycols and polyols in India, has acquired Notedome Limited, the UK-based system house, for Pound 13.50 million (about Rs 115 crore) to further expand its overseas business of polyurethane (PU) products. MPL acquired Notedome Limited through its Singapore based subsidiary Amchem Speciality Chemicals Private Limited, which it had established to acquire system house overseas. While polyurethane is made using chemicals such as polyols and isocyanides (methyl di-p-phenylene isocyanate or MDI and ...

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First Published: Tue, October 04 2016. 12:49 IST
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Manali Petrochemical buys Notedome to tap polyurethane market in UK

The company has acquired the UK-based system house, which manufactures Neuthane polyurethane cast elastomers

The company has acquired the UK-based system house, which manufactures Neuthane polyurethane cast elastomers Manali Petrochemicals Ltd (MPL), one of the leading producers of propylene oxide, propylene glycols and polyols in India, has acquired Notedome Limited, the UK-based system house, for Pound 13.50 million (about Rs 115 crore) to further expand its overseas business of polyurethane (PU) products. MPL acquired Notedome Limited through its Singapore based subsidiary Amchem Speciality Chemicals Private Limited, which it had established to acquire system house overseas. While polyurethane is made using chemicals such as polyols and isocyanides (methyl di-p-phenylene isocyanate or MDI and ... image
Business Standard
177 22

Manali Petrochemical buys Notedome to tap polyurethane market in UK

The company has acquired the UK-based system house, which manufactures Neuthane polyurethane cast elastomers

Manali Petrochemicals Ltd (MPL), one of the leading producers of propylene oxide, propylene glycols and polyols in India, has acquired Notedome Limited, the UK-based system house, for Pound 13.50 million (about Rs 115 crore) to further expand its overseas business of polyurethane (PU) products. MPL acquired Notedome Limited through its Singapore based subsidiary Amchem Speciality Chemicals Private Limited, which it had established to acquire system house overseas. While polyurethane is made using chemicals such as polyols and isocyanides (methyl di-p-phenylene isocyanate or MDI and ...

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Business Standard
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