# Thermax Chemical Solutions forms JV with Vebro Polymers for flooring chemicals

Thermax Chemical Solutions, a wholly owned subsidiary of Thermax, entered into a shareholders agreement with Vebro Polymers Holdings to incorporate a new company for flooring chemical business. TCSPL will hold 50.1% and Vebro 49.9%.

- Type: Partnership
- Announced: 2024-07-11
- Status: announced
- Products: flooring chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Vebro Polymers Group](https://endata.com/companies/53598.md) (partner)
- [Thermax Chemical Solutions](https://endata.com/companies/78133.md) (partner)

## Sources

- [capitalmarket.com](https://www.capitalmarket.com/markets/news/corporate-news/thermax-arm-to-form-jv-with-vebro-machester-for-flooring-chemical-business-/1524453), 2024-07-11: "Thermax announced that its wholly owned subsidiary, Thermax Chemical Solutions (TCSPL) has entered into shareholders agreement with Vebro Polymers Holdings (Vebro), Manchester, England to incorporate a new company engaged in flooring chemical business."

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