10 years
0 Lacs
Posted:1 week ago|
Platform:
On-site
Full Time
11 June 2025 – LATI S.p.A and LOXIM announced the creation of a strategic joint venture aimed at strengthening the presence of both companies in the Indian market for engineering plastics. This agreement follows the spin-off of LOXIM’s Engineering Compounds division and the formation of a new entity, LATI-LOXIM Thermoplastics Private Limited, jointly established by both companies.
The new company will combine LATI's technological know-how, as a European (Italy) leader in high-performance techno polymers, with LOXIM's strong local presence, well-established position in the automotive and electrical markets, and extensive business network across India. LATI - LOXIM operates with an annual production capacity of 20,000 tons and has a prominent presence in the industrial district of Sanand (Gujarat). This robust manufacturing base will enable the joint venture to efficiently address the growing demand in the E&E, automotive, industrial, and consumer goods industry.
LATI-LOXIM Thermoplastics Private Limited
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