| Electrical Insulations | Specialty chemicals for electrical insulation applications in wires and motors. | Long-term customer relationships, technical expertise, strategic acquisitions, ISO certifications. | B2B primarily industrial and PSU sectors including defense, railways, heavy electricals. | Advanced epoxy resins and varnish products. | 628 | 84 | Product sales to industrial clients, long-term contracts with PSUs and private sector. | Direct sales and supply contracts, fixed pricing with some variable terms. | Increasing electrification, infrastructure growth, product innovations, acquisitions. | Wire Enamels, Varnishes, Epoxy Resins |
| Engineering and Electronic Resins | Resins and compounds for encapsulating, sealing in electrical/electronic devices. | Proprietary know-how, strategic acquisition from Von Roll, strong R&D. | B2B electronics, electrical equipment manufacturers. | Customized resin formulations and potting compounds. | 123 | 16 | Sales to electronics manufacturers and industrial customers. | Direct sales, contract manufacturing agreements. | Acquisitions, rising electronics demand, improved tech offerings. | Casting & Potting Compounds, Polyurethane Systems |
