After a slew of 33 acquisition since 2021, this agreement is another step in the direction to establish Saint-Gobain’s worldwide presence in construction chemical.
Thermax said the consideration for this technology agreement involves a payment of $300,000, where 50 percent will be adjusted against royalty payments, and the remaining amount will serve as a refundable deposit throughout the agreement period.
Competition will only help expand the market, our job as leaders is to create categories, said Bharat Puri, MD, Pidilite Industries.
The standalone business growth was led by growth in consumer and bazaar segment, said Sandeep Batra of Pidilite Industries.