Tectyl is a global brand and has a specialised reputation for eco-friendly metal working product providing customers with efficiency and safety. Predominantly in the automotive sector and steel industry, the company’s philosophy is to create value for customers and probably one of the few companies in the world manufacturing premium formula in all sectors of fluids.
In India, it started off with a master distribution network and in 2014 opened its own subsidiary. In April 2014, the Indian subsidiary was set up and in 2015 started its plant activity in Chennai with the R&D support from South Korea.
The company has a installed capacity of 9,000 drums a month and is planning to expand this by 2019 and, hopefully, says Ravindran, in West India so that it can cater to the western and northern markets easily. This would also make it easy on the supply chain of raw materials as well as the finished goods.
Currently, the company sources its raw materials from its parent plant, Korea Houghton Corporation, Korea, and also from manufacturers and traders in Mumbai. He adds, “The Korean company has been around for more than 40 years and are into specialty fluids.
In China, Tectyl has three plants that manufacture its entire range of metal working fluids, and it is putting up a new plant in Vietnam. It already has three plants in Korea manufacturing all MWF fluids.
This year, the company is launching an important and sensitive segment line which is quenching fluids for the heat treatment of metal industry, which was not available in India earlier. The company has a stron R&D base in Korea.