Pondy Oxides to acquire Fidelity

November 2006
Chemical Business;Nov2006, Vol. 20 Issue 11, p68
Trade Publication
This article reports that Pondy Oxides and Chemicals Ltd. is in the process of acquiring Fidelity Enterprises at Rs 1.5 crore. Fidelity has a capacity to produce 4,000 tonnes of zinc metal and uses galvanized residues and zinc scrap as raw material. Pondy Oxides has completed the expansion of its lead alloy and lead-acid battery plant. It manufactures, distributes and sells zinc oxide, lead sub oxide and litharge.


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