Moneycontrol PRO
Loans
Loans
HomeNewsBusinessCompaniesFinolex, Lubrizol join hands to manufacture FlowGuard pipes

Finolex, Lubrizol join hands to manufacture FlowGuard pipes

The product will be launched in the market by Finolex Industries in the last week of March 2017 and will cater to the building and construction industry, the company said in a statement issued here.

February 15, 2017 / 15:45 IST

Pipes manufacturer Finolex Industries today said it has signed an agreement with CPVC compound maker Lubrizol Corporation to produce and sell its Finolex FlowGuard Plus pipes and fittings in the country.

The product will be launched in the market by Finolex Industries in the last week of March 2017 and will cater to the building and construction industry, the company said in a statement issued here.

"Our partnership with Finolex highlights the need and importance of quality CPVC pipes and fittings made from time-tested CPVC compounds provided by Lubrizol. Since January we have been manufacturing these materials from our plant in Dahej, Gujarat," Lubrizol Advanced Materials India Managing Director Matthew Timmons said.

He said the association with Finolex will further strengthen FlowGuard's commitment to delivering reliability in India through Finolex's wide spread network in the country.

Commenting on the agreement, Finolex Executive Chairman Prakash Chhabria said, "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.

first published: Feb 15, 2017 03:42 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347