Pidilite to manufacture Litokol and Tenax products in India

21 Jun 2023 , 03:29 PM

Pidilite Industries announced the opening of state-of-the-art manufacturing facilities in Amod, Gujarat, through its two joint ventures, Pidilite Litokol Pvt Ltd (PLPL) and Tenax Pidilite Pvt Ltd (TPPL).

According to a regulatory filing, the company said that Litokol SPA Italy and Tenax SPA Italy have shared their technology with Pidilite as part of their joint venture. This development marks a significant milestone in the Indian stone and ceramic solutions sector.

Tenax provides some of the best product solutions for installing and maintaining marble and granite stones. According to the company, these products provide a seamless finish as well as long-lasting lustre and shine to marble and granite.

The Starlike range of quartz-based technology epoxy grouts from Litokol are stain resistant, nonabsorbent, and ideal for both interior and exterior floor and wall applications, even in harsh operating conditions.

At around 3.23 PM, Pidilite Industries was trading 0.25% lower at Rs 2,671.85 per piece, against the previous close of Rs 2,678.50 on NSE. The counter touched an intraday high and low of Rs 2,703 and Rs 2,660.30 respectively.

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