Completed acquisition of Omnova Solutions Indian business of Nitrile Rubber of 16,000 MT p.a. (dry) and High Styrene Rubber to create synergy.
Installed capacity of saleable latex increased at Taloja from 40,000 MT p.a. to 55,000 MT p.a. (wet).
Entered Acrylic Emulsion business to exploit synergies with other products and markets.
Name changed to Apcotex Industries Limited.
Started High Styrene Rubber production with 10,000 MT p.a. (dry) capacity.
Constituted as a Public Limited Company listed on stock exchanges as Apcotex Lattices Limited.
Started as a division of Asian Paints. Pioneered the manufacturing of Vinyl Pyridine latex and Carboxylated Styrene-Butadiene latex in India.