Oswaldo Cruz Química Indústria e Comércio Ltda

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.

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.

Thermax Chemical Solutions and Brazil's OCQ have agreed to establish a new company in India, with Thermax holding 51% and OCQ 49%. The partnership will adapt Thermax's existing plant in Jhagadia, Gujarat, to manufacture acrylic resins.