H B Fuller : Announcing Strategic Partnership with Jubilant Industries
June 29, 2021 at 11:29 pm EDT
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PUNE, INDIA - H.B. Fuller (NYSE: FUL) hasannounced today that it has signed a distribution agreement with Jubilant Agri and Consumer Products Limited (JACPL), a 100% subsidiary of Jubilant Industries Limited, to address the growing demand for adhesive applications in the B2B woodworking segment.
Headquartered in greater Noida, India, and encompassing three major businesses - Consumer Products, Food Polymers and Latex - JACPL will now serve as a national channel partner of H.B. Fuller.
This strategic collaboration will help expand the reach of H.B. Fuller's high-performing adhesive solutions through a wide range of technologies, including water-based, hot melt moisture cures, and polyurethanes to better meet customers' specific adhesion and sustainability requirements, while also offering access to global specialists and local expertise, service and technical support.
Harsh Gupta, H.B. Fuller Managing Director for India, Middle East and Africa, is enthusiastic about the announcement with the Jubilant Group saying, 'We believe this new partnership will provide a great opportunity to leverage the strengths of both companies to be better positioned at solving complex bonding issues with less impact on the environment. Our next generation of adhesives can contribute to more efficient manufacturing processes across a diverse range of woodworking applications, including furniture, cabinets and countertops, windows, doors and lamination.'
'This collaboration means a lot to Jubilant. As a premier channel partner, we are very pleased to team up with H.B. Fuller to expand our presence in the woodworking market in India,' said Manu Ahuja, CEO & Managing Director, Jubilant Industries. 'We will be able to further extend our ability to provide premium, high-performance products directly to woodworking customers across the entire country. We trust this collaboration will better meet our customers' current and future requirements, improve security in production and enhance the quality of finished goods.'
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H.B. Fuller Company published this content on 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2021 03:28:07 UTC.
H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Companyâs segments include Hygiene, Health and Consumable Adhesives, Engineering Adhesives and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment manufactures and supplies adhesive products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, flexible packaging, graphic arts and envelope markets. The Engineering Adhesives segment provides adhesives to the transportation, electronics, clean energy, aerospace and defense, performance wood, insulating glass, textile, appliance and heavy machinery markets. The Construction Adhesives segment manufactures and provides specialty adhesives, sealants, tapes, mortars, grouts, and application devices for commercial building roofing systems, heavy infrastructure projects, road/highway/airport transportation applications, building envelope applications, and others.