The Chennai-based Murugappa Group will enter into a joint venture with Organo Corp of Japan, a leading player in the water treatment engineering services. The joint venture in India will be between Organo Group of Japan, and Polutech Limited of the Murugappa Group. Organo Group will hold 49 per cent of this JV, and the remaining portion will continue to be with the Murugappa Group. The joint venture will target the emerging needs of industrial water treatment requirements of the growing manufacturing sector in India.
Polutech's is a leading player in the water treatment engineering services in India. Polutech manufactures equipment and designing systems for water and waste water treatment plants. It is a complete turnkey solution provider, from concept to commissioning, in raw water & effluent treatment systems. Polutech's strength lies in its knowledge base and experience garnered by executing numerous projects over 30 years, with capacity ranging from 20 cum/day to 30000 cum/day, across industries like Sugar, Pharma, Food & Beverage, Leather, Textile, Chemical etc. The company also offers total water management solutions and operation & maintenance services
Organo -is a leading general water treatment engineering company that provides water treatment systems and chemicals to a wide range of industries. It is headquartered in Tokyo, Japan. Organo operates three primary businesses -sales of water treatment systems, maintenance and management of delivered systems, and sales of standard products and chemicals. Organo's turnover in FY 14 was Rs 35 billion (68741 million yen)