# LATI and LOXIM form joint venture for engineering plastics in India

LATI and LOXIM announced a strategic joint venture, LATI-LOXIM Thermoplastics Private Limited, to develop the Indian engineering plastics market, combining LATI's technology with LOXIM's local production capacity of 20,000 tons per year.

- Type: Partnership
- Announced: 2025-06-12
- Where: Sanand, Gujarat, India
- Status: announced
- Capacity: 20,000 tons per year
- Products: high-performance engineering polymers
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Loxim Industries Limited](https://endata.com/companies/85289.md) (partner)
- [LATI](https://endata.com/companies/85306.md) (partner)
- [LOXIM](https://endata.com/companies/85307.md) (partner)
- [Lati-Loxim Thermoplastics Private Limited](https://endata.com/companies/85821.md) (target)
- [LATI Benefit Corporation](https://endata.com/companies/85826.md) (partner)

## Sources

- [lati.com](https://lati.com/en/lati-and-loxim-join-forces-a-strategic-joint-venture-for-the-development-of-the-indian-engineering-plastics-market/), 2025-06-12: "This joint venture is born from a deep sharing of values: attention to people, work ethics, spirit of innovation, and sustainability."
- [mergers-alliance.com](https://www.mergers-alliance.com/singhi-advisors-india-advised-italian-lati-benefit-corporation-on-the-acquisition-of-a-majority-stake-in-the-ep-compound-manufacturing-business-of-loxim-industries-limited-india/), 2025-07-07: "This agreement follows the spin-off of LOXIM’s Engineering Compounds division and the formation of a new entity, LATI-LOXIM Thermoplastics Private Limited, jointly established by both companies."

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