Multibase India Share Price

Multibase India Limited was incorporated as Synergy Polymers Limited on 17th December, 1991. In 1999, the name of Company was changed to Synergy Mulitibase Limited and further to Multibase India Limited on August 31, 2007. Multibase India Ltd is part of the Multibase SA Group, a leading compounder in Europe, the USA and India. In 2002, the Company was acquired by Multibase SA, subsidiary of Dow Corning Corporation and thus became a Dow corning Company. The company is engaged in in manufacturing, trading and selling of polypropylene compound, thermoplastic elastomer, silicon master batch and thermoplastic master batch. It is a diverse yet integrated manufacturing company of thermoplastic elastomers and siliconebased products.The Companys products include SiliconBased Thermoplastics, TPSiV Multiplex, ThermoplasticElastomer (TPE physically blends), Triethyl silane (TES) Multiplex Range of Products. Multibase India Product portfolio plays a crucial role in enhancing overall vehicle performance and offers design flexibility and contributes to airbag safety systems, vehicle lightweighting, softtouch and feel for Automotive Interiors. The Company remained focused on driving innovation and offers customerdriven solutions to enhance user experience.The companys product TPSiV (118050D) is used as the jacketing material in automotive brake cables. Siloxane Masterbatches are used as internal and external lubricants. These plastic additives offer scratch and abrasion resistance, and reduces friction. Multibatches are used as blown film, biaxially oriented polypropylene (BOPP) film, sheet extrusion for thermoforming and corrugated sheet. Nylex is used in applications, such as electrical connectors and electrical component housing and rims for safety glasses.