Pidilite Industries Limited and Germany’s Jowat SE enter into collaboration

Pidilite Industries Ltd., a leading manufacturer of adhesives in India, has entered into a collaboration with Jowat SE, a German family unit-owned enterprise and ane of the leading suppliers of industrial adhesives worldwide. As office of the collaboration, Pidilite will now exclusively handle sales and distribution of the unabridged range of Jowat adhesives in Bharat and other neighboring countries, including Sri Lanka, Bangladesh, and Nepal. In add-on to this, the two companies have as well entered into a technical collaboration encompassing the high growth, specialized category of hot melt adhesives. This will provide a comprehensive range of Thermoplastic Hot Melt adhesives for use in several industrial, and modular and other wooden article of furniture segments.

India Puri, managing director, Pidilite Industries said, "The collaboration is in line with Pidilite's ambitions to continuously improve its already potent market position in all the segments where information technology is present, and especially in adhesives. Pidilite's leading presence in several consumer product segments, with hugely popular brands, is complemented by a large range of industrial products, adult and marketed to meet specific requirements in the country. The synergies between Jowat and Pidilite in terms of product range, client segments served and technologies deployed are clear and visible. Both companies together are uniquely placed to capitalise on the healthy prospects for growth in the segments targeted."

Sharing his views on the collaboration, Klaus Kullmann, member of the board of directors of Jowat SE said, "We meet a strong platform for sustained growth through collaboration with Pidilite. Jowat has pioneered the development of several high finish adhesive products, and has constantly undertaken development work at the cutting edge of adhesive engineering science. The company'due south cadre competence lies in innovation in both technology and R&D, and in delivering outstanding technical service to customers. In that location is an excellent value match between Pidilite and Jowat to encounter the future needs of customers for quality products in all high-growth segments such as article of furniture, packaging, automotive, and textile, among others, where specialized adhesives are used."

The collaboration is for the long term, and leverages the well-known strengths and capabilities of the two companies. It aims to provide best-in-class engineering science and products to customers, comprising of manufacturers of furniture and varied industrial products with requirement of adhesives.

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Source: https://packagingsouthasia.com/type-of-article/industry-news/pidilite-industries-limited-and-germanys-jowat-se-enter-into-collaboration/

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