DSM, Kemrock form joint venture

Resin manufacturers DSM Composite Resins AG and Kemrock Industries & Exports Ltd. have signed a memorandum of understanding (MOU) to form a joint venture in India for the manufacture of unsaturated polyester and vinyl ester specialty resins.

Resin manufacturers DSM Composite Resins AG (Schaffhausen, Switzerland) and Kemrock Industries & Exports Ltd. (Vadodara, India) have signed a memorandum of understanding (MOU) to form a joint venture in India for the manufacture of unsaturated polyester and vinyl ester specialty resins. Through the alliance with DSM, Kemrock is expected to fortify its expertise in composites manufacturing and align it with global standards. DSM is expected to strengthen its presence in India.