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Pidilite Industries
Indian multinational adhesives manufacturing company From Wikipedia, the free encyclopedia
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Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai.[4] The company is the leading adhesives manufacturer in India.[5] Pidilite also manufactures products in verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals.[6]
Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, FeviGum, Fevicryl, Dr. Fixit, D-klog, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal, and Acron. Pidilite has launched Dr.Fixit Heatshield, a heat-reducing exterior coating that is developed by R&D team in India & Singapore.[7]
The company has manufacturing facilities across India including in Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (both in Himachal Pradesh).
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History
The company was founded in 1959.[8][9]
In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for ₹100 crore (US$15.59 million).[10]
In 2016, Pidilite formed a joint venture with Industria Chimica Adriatica Spa (ICA), an Italian company.[11] The joint venture is named ICA Pidilite.[12]
In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for ₹96 crore (US$14.04 million).[13]
In 2020, Pidilite acquired Huntsman Corporation's Indian subsidiary for ₹2,100 crore (US$283.4 million) to strengthen their retail adhesives and sealants portfolio.[14]
In 2022, Pidilite Industries partnered with 100x.VC.[15]
In 2023, Pidilite Industries formed two joint ventures: Pidilite Litokol with Litokol, an Italian company, and Tenax Pidilite with Tenax, also an Italian company.[16] As part of the joint venture agreements, both Litokol and Tenax transferred technology to Pidilite.[16] In 2024, ICA Pidilite signed an agreement to license certain ultraviolet technologies from ICA.[12]
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References
External links
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