Thermax and OCQ form joint venture for specialty chemicals in India

Thermax Chemical Solutions and Brazil's OCQ have signed an agreement to form a joint venture in India, with Thermax holding 51% and OCQ 49%. The JV will initially manufacture acrylic resins at Thermax's existing plant in Jhagadia, Gujarat.

“The joint venture will initially focus on manufacturing acrylic resins at Thermax's existing plant in Jhagadia, Gujarat.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comThermax forms joint venture with Brazil’s OCQ to manufacture specialty chemicals in India - The HinduBusinessLineAnupama GhoshMar 10, 2025

Summarized from public sources; check the original articles before acting on it.