Apcotex Industries Company Profile:Products,Promoters and Clients

Apcotex Industries Company Description:

It is one of India's top producers of synthetic latex (VP Latex, XSB Latex, Styrene Acrylics, and Nitrile Latex) and synthetic rubber (High Styrene Rubber, Nitrile Rubber, Nitrile Polyblends, and Nitrile Powder).

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Q1.What are the Products and Service offerings of the Company?

a) Synthetic Rubber:

  • Offers a diverse range including Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends, and Nitrile Powder.

b) Synthetic Latex:

  • Provides a comprehensive selection such as XSB Latex, BP Latex, Styrene Acrylics, and Nitrile Latex.
  • Boasts one of the widest arrays of Emulsion Polymers available in the market.
  • Sole Indian manufacturer of XNB Latex utilized in glove production.

Q2.Who are the Promoters of the Company?

Atul C. Choksey

Chairman

He is a Chemical Engineer from the Illinois Institute of Technology, Chicago, USA, He joined Asian Paints (India) Limited as Junior Executive in 1973 and was subsequently appointed as Whole-time Director with effect from May 1979.He served as the Managing Director of Asian Paints Limited from April 1984 to August 1997. Over the years he has served on the Boards of Marico Limited, Finolex Cables Limited, Blue Star India Ltd. and the Asian Board of the Wharton Business School.He has served as the President of the Indian Paint Association and Bombay Chamber of Commerce and Industry (BCCI) as well as Deputy President of the Associated Chamber of Commerce and Industry of India. He is a member of Young Presidents Organization (YPO).

Amit C. Choksey

Director

He is a Commerce Graduate from Bombay University and currently Chairman & Managing Director of Mazda Colours Limited in Mumbai, India. Mazda Colours is one of the leading manufacturers of Phthalocyanine Pigments and leading exporters of its products all over the world. He has over four decades of rich experience in managing the Manufacturing Plants of Inorganic Pigments and Intermediates, Construction Chemicals, Specialty Water Proofing compounds. He hails from a family which promoted Asian Paints (I) Limited, the largest manufacturers of Paints in India.

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Q3.Who are the Clients of the Company?

Its key clients from the two segments are:

SYNTHETIC LATEX - ITC, Asian Paints, Ultratech Cement, Welspun, BILT, JK PAPER, Pidilite Industries, MRF, SRF, Century Enka,
Standard, Mac, Kordsa, etc.

SYNTHETIC RUBBER - Paragon Footwear, Jayshree Polymers, Parker Hannifin, Gates India, Armacell, Supreme Industries etc.

Also Read: Abate As Industries Company Profile: Products, Promoters and Clients

(By Medhansh Bairaria)