SMZS Chemicals (SMZS) ( Formerly, S M Zschimmer & Schwarz Chemicals) was incorporated as a public limited company in Feb.'88. It was promoted as a joint venture company by S M Dyechem and Zschimmer & Schwarz Chemicals, Germany. SMZS manufactures ethylene-oxide based products which have wide and diverse range of applications as surface active agents in the leather, man-made fabrics, ceramics, paper, pharmaceutical and pesticide industries.
SMZS went public in Apr.'90 to part-finance its expansion project. The company has entered into foreign collaborations with Pielcolor, Spain, for the manufacture of highly specialised leather finishing chemicals and Thor International, UK, for special biocide chemicals.
SMZS project for manufacturing glycol ethers near its existing factory at Pune was commissioned during 1996-97 and the product quality was well accepted by the customers.
The company has been referred to the BIFR under SICA, 1985, during the year 1999-2000 and is working out a revival package.