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Formulated Polymers Limited

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Formulated Polymers Limited - Chemicals & Materials showcase

Year Founded & Workforce

1933

70 Employees

Industry

Chemicals & Materials

Services

Glass fiber reinforced grades
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Formulated Polymers Limited Overview

Company Headquarters: Chennai, India

Founded: 1933

Workforce: ~70

Company Working: Formulated Polymers Limited (Formulated Polymers) is engaged in the designing and manufacturing of a comprehensive range of thermoplastic compounds and engineering plastics. It offers its products under the brand name FORMPOLY. The products offered by the company are used in major end-use industries such as automotive, electrical & electronics, telecommunication, textile, defense, white goods, and Fast-Moving Consumer Goods (FMCG). It offers nearly 400 grades in engineering polymers. It is an ISO 9001 and ISO 14001 certified company.

Strategy

Formulated Polymers is focusing on expanding its presence in the international market to strengthen its position as well as is focusing on offering products at competitive prices to attract a large customer base.

Company Snapshot

70

Employees

1933

Founded

Chennai, India

Headquarters

SWOT Analysis

Strengths

  • Broad product portfolio
  • ISO certification

Weaknesses

  • No recent developments in the global polyamide 12 market
  • Limited workforce

Opportunities

  • Strategic growth initiatives such as expansion in untapped international markets and new product launches

Threats

  • Volatile raw material prices

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Product Offering

  • Formulated Polymers Limited
    • Glass fiber reinforced grades

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