Our Business
Disclosure under Regulation 46 of SEBI (LODR) RegulationsApcotex is a rapidly growing specialty chemical company with a diverse customer base across key markets.
We are India's leading producers of Synthetic Rubber (NBR & HSR) and Synthetic Latex (Nitrile, VP latex, XSB & Acrylic latex) based on styrene-butadiene chemistry and butadiene-acrylonitrile chemistry.
Markets we serve include paper, tyre cords, carpets, construction, textiles, footwear, gloves, automotive components, rice dehusking rollers, hoses and speciality products. We are honoured to be an 'Engineered in India' organisation.
Widest range of emulsion polymers in India
We are proud to have achieved many firsts at Apcotex.
Vinyl Pyridine latex is a terpolymer that is specially designed for bonding synthetic fabrics and rubber compounds. Though the tyre industry has utilised Vinyl Pyridine Latex (VP Latex) for decades, Apcotex was the first company to produce this raw material in India.
In addition to VP Latex, we started producing High Styrene Rubber with 10,000 MT per year capacity in 1998.
Today, our Taloja synthetic latex plant has a swing capacity of 100,000 MT p.a. (wet) and 10,000 MT HSR p.a. (dry)
The Valia rubber plant produces NBR/NVC/ powder 21,000 MT p.a. up from 16000 MT in 2016.
Our Carboxylated Nitrile Latex production for gloves application is currently at 50,000 MT p.a. (wet). We plan to expand to 80,000 MT p.a. (wet) in the next phase.
Apart from that, Apcotex is also the sole manufacturer of all of India's NBR, HSR and X-NBR latexes currently in India.
Driven by our Commitment to Excellence
For over 40 years, Apcotex has been developing products with a core purpose: 'To use science responsibly to benefit our planet, society and stakeholders.'
In order to achieve our vision of "being the best company in our business area of specialty chemicals, known for product excellence, customer delight, and sustainable practices," we are deeply invested in continuous innovation, safety, and our people.
The commitment, performance, and actions of each employee determine our success. As a result, we take action in accordance with Apcotex's core values: an Ownership mindset, Teamwork, and Proactive Communication. These are the key elements that promote a corporate culture of excellence, inclusiveness and responsible action at Apcotex.
Industries & Applications
In addition to chemical applications, our indigenous solutions enable products to be transformed across a wide variety of industries.
Markets we serve include paper, tyre cords, carpets, construction, textiles, footwear, gloves, automotive components, rice dehusking rollers, hoses and speciality products.
Our products are extensively used in paper & paper boards, water-proofing and repair, tyre cord dipping, cork sheets and gaskets, carpet backing, paints, geo textiles, footwear, gloves, conveyor belts, hoses and automotive components.
Products
We offer one of the widest ranges of emulsion polymers based on styrene-butadiene chemistry and butadiene-acrylonitrile chemistry.
Apcotex provides VP latex and Carboxylated SB latexes, Acrylic latexes, Nitrile latex, SBR latex, Carboxylated SBR, and Synthetic Rubber in India.
Awards/ Achievements
- In Forbes Asia's Best Under A Billion 2022 companies list, Apcotex was ranked among the Top 10 in India.
- Japan Institute of Plant Maintenance (JIPM), Japan has awarded our plants in Taloja and Valia the prestigious “TPM Excellence Award, Category A” and “TPM Consistency Award”.
- Besides ISO 9001:2015 certification, Apcotex is also certified for ISO 14001:2015 (Environmental Management Systems) and ISO 45001:2018 (Occupational Health and Safety Management Systems).
- Apcotex is a Responsible Care certified company.
Robust Growth Graph
Over the last decade, Apcotex has become one of the fastest-growing chemical companies in India.
What sets us apart is a thirst for excellence and stringent quality practices throughout our business activities.
Our technical ambition, persistence, and purpose enable us to deliver superior products, services, and expertise. As a global player, Apcotex has done business with countries on every continent in the past few years.
Established in 1980 as a division of Asian Paints (India), Apcotex Industries Limited gained its own identity in 1991. It is headed by Mr. Atul Choksey, Chairman of Apcotex Industries and former Managing Director of Asian Paints.
We are appreciative of our strong promoter lineage, quality management systems, and market leadership.
