Axel Polymers Ltd Summary
Axel Polymers Limited (AXEL) established in May, 1992, is principally engaged in the business of manufacturing of Compounds Blends & Alloys of Engineering & Specialty Polymers and trading of polymer compounds. AXEL is the largest manufacturer of Engineering Thermoplastic Compounds in India, catering to Multinationals and Domestic Corporates; it has rich domain experience and in-depth knowledge of International and Local Polymers Market having a 3-decade strong operating history in the manufacturing of engineering polymers.The Scheme of Arrangement for the Amalgamation of Dhara Petrochemicals Private Limited (DPPL) with Axel Polymers Limited (APL) was implemented on 01.09.2021.The Company serves various industries, focusing especially on automotive, home appliances, electrical and electronics, construction, packaging and the healthcare industry. Changing economic and business conditions, evolving consumer preferences, rapid technological innovation and adoption and globalisation are creating an increasingly competitive market environment.
In this environment, our customers are strongly focusing on cost-saving and innovative solutions.The products of the Company is classified into the following sectors comprising Water Management, Engineering Industry, Electrical & Electronics, Automotive and Household Appliances.