Vikas Ecotech Limited, engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for plastics & rubbers industries, has received orders for Organotin Heat Stabilizer material from HIL Limited (CK Birla Group) for application in the food grade drinking water plumbing systems, essentially the cPVC Pipes & Fittings.

The current order received from HIL is valued about Rs. 2 crore and will be completed within 20 days and more orders are expected to follow.

With the receipt of this order, the company has accomplished complete revival of the Organotin domestic customers and business post the disruptions caused during the pandemic situation. Export of Organotin material is also being pursued aggressively and is expected to start contributing again in the company’s topline in 2-3 months.

Vikas Ecotech is the only manufacturer of the FDA approved Organotin PVC Heat Stabilizers in India, the Organotin Stabilizers are essentially a PVC additive which is fast replacing the toxic heat stabilizers conventionally used in PVC formulations.

The company recently announced cracking the technique to recover the precious “Tin Metal” component from the Process Residue generated during the production of Organotin Mercaptides. The success in recovery of Tin Metal will aid achieving better economics in terms of the costing of this material to the company.

Post the technical breakthrough the company is eying a wider acceptance based on better costing, aggressive pricing for its customers, both facilitating an enhanced order book which will eminently add encouraging numbers to the Top Line and also ensure better profits from the Organotin manufacturing business.

The company has received an approval and the first bulk (commercial) order for the Flame Retardant Additive from the EV conglomerate Olectra Green-Tech Limited.

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