Garware Hi-Tech Films has signed a landmark MoU with Lubrizol to pioneer advanced thermoplastic polyurethane (TPU) technology in India. By integrating Lubrizol's material science expertise with Garware's manufacturing strength, the partnership establishes India's first dedicated TPU extrusion platform. This move drives critical backward integration, scaling Garware's premium paint protection film capacity to over 600 lakh sq. ft. and strengthening the domestic high-performance materials market.
News by Rahul Yelligetti.