Vikas Ecotech Bagged Exports Order From Mexico
Vikas Ecotech, India's premier eco-friendly speciality chemicals company, announced that it has won a prestigious commercial order to supply organotin stabilizers from Mexichem, The 100 Billion Mex$, Mexico-headquartered company is a worldwide leader in plastic pipes, and one of the largest chemical and petrochemical companies, with more than SO years of experience in Latin America,
This is Vikas Ecotech's first commercial order from the petrochemical giant through its Columbian subsidiary. The Organotin stabilizer supplied by Vikas Ecotech will be used in the manufacturing of food-grade PVC Compounds/ Pipes.
Vikas EcoTech had commenced trial orders last year for organotin with Mexichem. This commercial order from a Mexichem's Columbian subsidiary is the culmination of that effort. Vikas EcoTech's Organotin stabilizers are non-toxic additives that meet stringent global standards of quality and efficacy, This order will have a multiplier effect and translate into additional demand for Vikas Ecotec products in South America.
Vikas EcoTech's MD Vikas Garg said it is a privilege for Vikas EcoTech's Learn to win this order from a global leader like Mexichem. It validates our differentiated R&D and product development strategy that meets international quality benchmarks acid procurement competitiveness. I look forward to continuing developing a long-term association with many more prestigious clients including Mexichem."
Vikas EcoTech's win for its speciality chemical product and solution will help the company replicate similar orders in the near future. Recognition from a big manufacturer like Mexichem establishes the quality and efficacy of company's products and would help Vikas EcoTech cut down on customer approvals with other buyers from about 6 months to a few days leading to increased sales of about 25% in this financial year. The company expects additional sales after this initial order from more Mexichem subsidiaries in 13 other Latin American countries and also other geographies worldwide. Owing to its adherence to international regulatory standards and good brand recognition, the company has started commanding a distinct premium and long-term client relationships,
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- Industry:Chemicals & Petrochemicals
- Published On:2017-05-08