Mumbai, March 10 -- Thermax Chemical Solutions (TCSPL), a wholly-owned subsidiary of Thermax, has entered into an exclusive shareholder's agreement with Brazil-based Oswaldo Cruz Quimica Industria e Comercio Ltda (OCQ), one of the leading chemical companies in Latin America producing resins and polymers. Thermax will hold a majority 51% stake in this new company, while OCQ will have a 49% share. Both companies expect to create significant value, strengthening their global market presence and delivering high performance chemical solutions.

Published by HT Digital Content Services with permission from Capital Market....