# Chembond Chemicals to spin off construction chemicals and water technologies businesses

The Board of Chembond Chemicals Limited agreed to demerge its construction chemicals and water technologies businesses into Chembond Chemical Specialties Limited. The scheme was approved on December 12, 2023.

- Type: Acquisition
- Announced: 2023-12-12
- Where: India
- Status: announced
- Products: construction chemicals, water technologies
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Chembond Chemicals](https://endata.com/companies/23903.md)
- [Chembond Chemical Specialties](https://endata.com/companies/74360.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/CHEMBOND-MATERIAL-TECHNOL-38237351/news/Chembond-Chemicals-Limited-agreed-to-Spin-Off-Construction-chemicals-and-water-technologies-business-45602394/), 2023-12-11: "The Board of Chembond Chemicals Limited agreed to Spin-Off Construction chemicals and water technologies businesses on December 12, 2023."

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