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Lubrizol and Finolex Industries Limited join hands in India

| | Feb 28, 2017, at 01:34 am
Guwahati, Feb 27 (IBNS): The Lubrizol Corporation, inventors and the largest manufacturers of CPVC compound worldwide and Finolex Industries Limited, the PVC pipes and fittings manufacturer in India, on Monday announced the signing of FlowGuard (R) Processor agreement for the manufacturing and sale of Finolex FlowGuard (R) Plus pipes and fittings in India.

The product will be launched in the market by Finolex Industries Limited on last week of March next and will cater to the building and construction industry.

“Lubrizol is dedicated to supplying the highest quality CPVC compounds to service the Indian hot & cold water plumbing markets,” Matthew Timmons, Managing Director, Lubrizol Advanced Materials India Pvt. Ltd said.

“Our partnership with Finolex Industries highlights the need and importance of quality CPVC pipes and fittings made from time-tested CPVC compounds provided by Lubrizol. Since January 2016, we have been manufacturing these world quality materials from a state-of-the art plant in Dahej, Gujarat. Our association with Finolex will further strengthen FlowGuard’s commitment to delivering reliability in India through Finolex’s wide spread network in the country,” Timmons said.

Timmons further said that, since introduced FlowGuard to the Indian market, we remained committed through our support of processors who continue to benefit from our more than 50 years of expertise in manufacturing and compounding.

“With the government’s recent focus on housing for all, the infrastructure status given to real estate, loans offered at cheaper rates, introduction of the Real Estate Regulatory Act (RERA), GST & many other initiatives, the need for quality products to be used in the country is greater than ever,” Timmons said.

Lubrizol introduced the resilient CPVC material into India nearly two decades ago.

Since then, India’s plumbers, engineers, builders and consultants have been reassured by the only material of its kind to be designed and approved to meet all global standards.

Prakash Chhabria, Executive Chairman of Finolex Industries Limited expressed his views on the special occasion said that, we are committed to strengthening theplumbing industry through association with Lubrizol falls in line with the culture of Finolex Industries in providing quality products ‘Made in India’ for the Indian market.

“We are confident about Lubrizol’s global expertise in compounding and appreciate the work done by them in changing the plumbing industry from metal-based to CPVC–based piping. With FlowGuard’s raw material and support, our track record of providing superior products for Indian market gets strengthened. We look forward to a successful partnership,” Chhabria said.

(Reporting by Hemanta Kumar Nath)

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