By Tricitynews Reporter
Chandigarh 15th
February:- The
Lubrizol Corporation,
inventors and the largest manufacturers of CPVC compound worldwide, and Finolex
Industries Limited, the leading PVC pipes and fittings manufacturer in
India, today announce the signing of, FlowGuard® Processor
agreement for the manufacturing and sale of Finolex FlowGuard®Plus
pipes and fittings in India. The product will be launched in the market by Finolex
Industries Limited in the last week of March 2017 and will cater to the building and construction industry.
Matthew
Timmons, Managing
Director, Lubrizol Advanced Materials India Pvt. Ltd said
that Lubrizol is dedicated to supplying the highest quality CPVC compounds to
service the Indian hot &cold water plumbing markets. He added that 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 continues,
“Since we 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. Additionally, 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.”
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 Limitedexpressed his views on the special
occasion, said that we are committed to strengthening the plumbing industry
through our association with Lubrizol falls in line with the culture of Finolex
Industries in providing quality products ‘Made in India’s 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.
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