Talbros Automotive forms JV with Lohum for sustainable rubber solutions
pre-market1 source ↓written by the desknot a recommendation
- in a joint
- 49% stake
- over the next
- ₹500-600 cr
- market for rCB
- $1.8 billion
Talbros Automotive has secured a 49% stake in a joint venture with Lohum Cleantech, focusing on recovered carbon black and devulcanized rubber. This partnership aims for a target revenue of ₹500-600 cr over the next five years, tapping into a $1.8 billion market for rCB. The move signifies a strategic shift towards sustainable materials in the rubber sector.
Not investment advice. For informational purposes only.