Strategic Partnership Overview
Pidilite Industries Limited has entered into a strategic partnership with Hwaseung Chemical, a global leader in high-performance footwear adhesives, to introduce advanced South Korean bonding technologies to the Indian market. The collaboration aims to bring globally benchmarked adhesive systems to India's footwear manufacturing ecosystem.
Partnership Objectives and Benefits
The partnership will enable Indian footwear manufacturers to access internationally benchmarked adhesive systems widely used in global sports footwear production, including solutions nominated by leading global brands. These high-performance adhesives are engineered to deliver:
- Strong bonding capabilities
- Enhanced durability
- Improved flexibility
- Consistent output across high-volume manufacturing lines
Management Commentary
Mr. Sudhanshu Vats, Managing Director, Pidilite Industries Ltd. stated: "India is steadily emerging as a key hub for global footwear manufacturing, and partnerships like this play an important role in strengthening that ecosystem. Our collaboration with Hwaseung Chemical enables us to bring advanced adhesive technologies that are already trusted in international markets. With Pidilite's local expertise and technical support, we are confident this partnership will help manufacturers enhance productivity, maintain consistent quality and meet the evolving expectations of global brands."
Chris Hyun, Vice-President, Hwaseung Group commented: "India represents one of the most dynamic and fast-growing footwear manufacturing hubs globally. Partnering with Pidilite Industries Limited allows us to bring our globally trusted footwear adhesive technologies to this important market. By combining Hwaseung Chemical's advanced formulations with Pidilite's deep local expertise and technical service capabilities, we aim to support Indian manufacturers in achieving higher standards of performance, consistency and sustainability."
Technical Specifications and Compliance
The adhesive systems introduced under this partnership comply with stringent global environmental and safety standards, including:
- REACH compliance
- SVHC compliance
- Proposition 65 compliance
- U.S. Clean Air Act compliance
- ISO 14001 alignment
- RoHS requirements
The products are developed as low-VOC and non-flammable formulations, compatible with modern application techniques, contributing to:
- Safer working environments
- Reduced environmental impact
- Enhanced sustainability
About Pidilite Industries
Pidilite Industries Limited is India's leading manufacturer of:
- Adhesives and sealants
- Construction chemicals
- Craftsmen products
- DIY products
- Polymer emulsions
- Paint chemicals
- Automotive chemicals
- Art materials and stationery
- Fabric care products
- Maintenance chemicals
- Industrial adhesives
- Industrial resins
- Organic pigments & preparations
The company's flagship brand Fevicol is synonymous with adhesives and ranks among India's most trusted brands. Other major brands include M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Araldite, and Fevicryl.
Regulatory Filing Details
Filed with:
- BSE Limited (Stock Code: 500331)
- National Stock Exchange of India Ltd (Stock Code: PIDILITIND)
Filed by: Manisha Shetty, Company Secretary
Date of filing: 28th September, 2026
Digital signature timestamp: 2026.09.28 15:39:49 +05'30'