# DCM Shriram and Teknor Apex form joint venture PolyTek

DCM Shriram Ltd.'s subsidiary Shriram Polytech Ltd. entered into a joint venture with Teknor Apex B.V. to operate under the brand PolyTek, combining vinyl compounds manufacturing with global formulation capabilities for specialty polymer solutions.

- Type: Acquisition
- Announced: 2026-04-16
- Where: India
- Status: announced
- Products: polymer compounds, vinyl compounds, specialty polymer solutions
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [DCM Shriram](https://endata.com/companies/16073.md) (partner)
- [Teknor Apex](https://endata.com/companies/16074.md) (partner)
- [Shriram Polytech](https://endata.com/companies/16075.md) (partner)

## Sources

- [forpressrelease.com](http://www.forpressrelease.com/forpressrelease/669740/13/dcm-shriram-teknor-apex-forge-jv-to-strengthen-positioning-in-advancedpolymer-compounds), 2026-11-05: "This partnership reflects our strategic intent to build future-ready businesses by combining global expertise with strong domestic capabilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.