On April 8th, 2016 Mr. Erman Tan, CEO of Asia Polyurethane Ltd (APU), Singapore and Mr. Aldin Turudic, managing director of novatic® group have signed a far-reaching cooperation contract for sales and purchase.
The cooperation contract comprises the distribution of the novatic® product range by APU in the countries Singapore, Malaysia, Indonesia and Thailand. Besides the distribution of the novatic® product line, APU will also function as a purchasing platform for licensed novatic® materials at APU as well as at novatic COATINGS Pvt. Ltd., Pune, India. In the field of isocyanate based materials a development community will be founded, that will start activities beginning of May 2016.
About Asia Polyurethane Ltd.
APU is a middle-sized manufacturer of isocyanate mixtures, polyurea and additives for the plastics industry. The company employs 45 people at the production site in Singapore and it has 50 employees in two Chinese sales offices. The core segments of APU are the automotive industry/plastic interiors and the oil industry (piping).
