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Manali Petrochemicals Ltd, part of AM International Group, announced the signing of a long-term agreement with UK-based Econic Technologi.
The signing of the long-term agreement sets the stage for the Manali Petrochemical-Econic partnersh.
In the initial phase, the Manali Petrochemical and Econic teams will work together to design the required equipment, retrofit engineering, procurement and construction, and to demonstrate the commissioning and operation of the pla.
The partnership between Manali Petrochemical and Econic is unique in India and offers good prospects for the development of Manali Petrochemical's business value cha.
Keith Wiggins, CEO of Econic Technologies, said: "We are grateful for the next step in our partnership with Manali Petrochemical and the opportunity to work with them as a pioneer licensee of Econic technology in one of the largest and fastest growing regions in the wor.
Muthukrishnan Ravi, General Manager of Manali Petrochemicals and CEO of the Petrochemicals Division of AM International Holdings, said: “At Manali Petrochemicals, we are continuously introducing sustainable technologies into our busine.
Polyols are the building blocks of polyurethan.