in this issue
Regions :: India/Pakistan
Reports: Hindustan Unilever acquires remaining shares in Aquagel Chemicals
11:40 AM MDT | April 4, 2013 | Francinia Protti-Alvarez
Hindustan Unilever Ltd. (HUL; Mumbai), a subsidiary of Unilever, has become sole owner of Aquagel Chemicals (Bhavnagar, India) by buying the shares it did not own in the company, Indian media reports say. HUL already owned a 26% stake in the business, the reports say. No financial details were disclosed. Aquagel was established in 1992 as a sister company to Madhu Silica (Bhavnagar), which develops technology for silica manufacture with applications in the dental, personal-care, pharmaceutical, and detergent segments. HUL has more than 16,000 employees and...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee