Lubrizol engineered polymers signs agreement with The Institute of Chemical Technology in India

Lubrizol Advanced Materials India Pvt. Ltd has signed an agreement with The Institute of Chemical Technology (ICT) for the supply of technical services and new application development of Estane® thermoplastic polyurethane (TPU). ICT is a leading chemical technology research university in Mumbai, India.

The agreement was signed by Ms. Ursula Thakkar, Managing Director, Lubrizol Advanced Materials, and Prof. G. D. Yadav, Vice Chancellor, ICT. The agreement sets the stage for a close collaboration that aims to develop new end-use applications in the Indian industrial sector. Speaking on this occasion, Ms. Ursula Thakkar, Managing Director South Asia said, “We are very pleased to partner with ICT as part of our strategy to provide innovative solutions for our customers in India”.

Dr. Jesus Santamaria, Regional business director for Engineered Polymers, EMEAI added: “India is one of the key regions that is contributing -and will contribute much more in the future- to our global business growth. We acknowledge the specificities of India as a market, different from other regions and, as such, deserving a differentiated support. Growing TPU applications in mobility, electronics and Industry 4.0 (digitalization and automation) are positioning India at the forefront of technology. This agreement is critical to this vision as it will complement our current global technical centers with a local support from one of the most globally recognized chemical technology institutions.”