Leather chemicals manufacturer Stahl has acquired the leather chemicals business of Mumbai-based Viswaat Chemicals. The Indian company manufactures specialty chemicals for a broad range of industries through, Stahl said on making the announcement “constant and innovative research and development, backed by a strong social conscience”.
Viswaat will now produce REACH-compliant syntans, fatliquors and beamhouse solutions for the leather industry exclusively for Stahl; the Dutch company said it believes the acquisition will enable it to strengthen its position in leather chemicals in India, Pakistan and Bangladesh.
Stahl chief executive, Huub van Beijeren, said his company would now be able to serve its clients in the region better. He also said the acquisition is directly linked to the company’s commitments to creating a more transparent supply chain and improving its environmental footprint.