Talbros Automotive forms JV with Lohum Cleantech for recovered Carbon Black
TALBROAUTO · price
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Talbros Automotive Components has executed a joint venture agreement with Lohum Cleantech Private Limited to form Lohum Talbros CarbonTech Private Limited. The JV will trade, manufacture and refine recovered Carbon Black (rCB) and devulcanized rubber. Lohum holds 51 percent and Talbros holds 49 percent. Initial paid-up equity capital is Rs 1 lakh (Rs 51,000 by Lohum and Rs 49,000 by Talbros). The deal is domestic, not a related party transaction, and no conflict of interest was identified. Lohum brings rCB technology while Talbros contributes OEM relationships and market access.
Strategic entry into cleantech and circular economy with minimal capital outlay. Diversifies beyond core auto components. Marginally positive for long-term growth.