ERJ staff report (DS)
Chennai, India - Materials distribution company Ram Charan has won two deals to supply materials for the rubber and plastics industry in India. The company said the deals will add around Rs 1200 million (euro 17 million) to its turnover in the coming years.
The company will work with Birla Carbon and with Lanxess to distribute and promote their products in India. With Birla, Ram Charan will supply ASTM grade blacks for general purpose applications for South India.
With Lanxess the company will supply special performance raw materials for the development of their synthetic rubber business in India for end product applications for automobile and industrial rubber components and is valued at Rs. 300 million (euro 4.3 million).
Ram Charan claims to be a USD 25 million company in the business of supplying raw material for a range of industries including rubber, plastic, coatings, inks, ancillary sectors, electrical & electronics, printing, and construction & adhesives. RamCharan today claims a market share of 30 percent in rubber distribution and, 90 percent in plastics.
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Press release from Ram Charan
Website of Ram Charan