Thermax Chemical Solutions forms joint venture with Brazil's OCQ

Thermax Chemical Solutions, a subsidiary of Thermax Ltd, entered an exclusive shareholder agreement with Brazilian chemical company OCQ to form a joint venture, with Thermax holding 51% and OCQ 49%. Production will start with acrylic resins.

“Initially, production will focus on acrylic resins widely used in the paint, adhesives, infrastructure, textile, and waterproofing industries.”manufacturing.economictimes.indiatimes.com

• 1 source
• manufacturing.economictimes.indiatimes.comThermax Chemical Solutions forms JV with Brazil's OCQwww.ETManufacturing.inMar 11, 2025

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