8/15/2019 Sign MOU [Company Update]

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/-

x

(Fame

y

Vikas Glabal Ane Ltd

)

VIKAS

ECOTECH

LTD.

Sub: - CoooBt

Comuuntcation

Pleas fmd

atrached

he.ewith

Corporate

Afrouncem€nt

u

MOU

{i

ELroocr

ComDdy.

Nali8af,

Corpo.elion

vour

re.ord

d tufthddissehhahon

Kindly place

it on rccord

od uldare you.

websft€.

Thankine

you

of

the

Compay

w.r.t. sign

a.s

of

Cach

Republic

lor

The

Gmeral

Mdager

Listing

National

Stock

Eachaoe

Limncd

La.hase

Plza,

Bad;

Ku;ta

conplex

Badra(E)

Mumbai 400051

Fer

022

2659a235/36

NSE Symbol-

VIXASDCO

The Ceneral

Man.€er Listing

Bomtray

Sto Exchage

Limited

Phl.oze

J.eleebhoy

Towers

lsi

R6gd. ot

ice

i

vikas Apadmenrs.34/1, Easl

Puilabi

Baqh. New oehi.110026

(NDla)

Drn sambar34l2r

lJ K)

nd a,ea.

shahrahan

pu

Ds( Awar

3or7061Ral)

8/15/2019 Sign MOU [Company Update]

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*

(Fatnedl vilas

Glabat One Ltd

)

VIKAS

ECOTECH

LTD.

Corporate Announcement

Vlkas

E.ole.h timit€d icorpotted

on lorh

Novambe', 1934

and

enEased

in

rhe busines of

Manufacturlng and

Distlbution

of speciahy Poyme6

comp.uids and

Additives is

pre*nty

isted

on

N

roiar

srock Ex.hanse ol ndia and 8sE

ltd. The

manufadu

ns

planc

ol

rhe company ats

spread

ln

varioos

seosEphic,

locations

acro$

rndia

includrng

samba

(r&0,

shahjahanpr

lRaFnhan),

and.orporare

off.e is ro. ed

at

De hi

rhe

company

h3s ako

acqoired

land

tn

Dah.J,

Gujarut, for a

production

fa.ility

to focuson

expodi.

The

cofrpany

nanufactu@s

hich

end

p@duds

used ln

Acri.ulture/

nfra*rudure componenl5i

wrcs & cables,

Auto Parts,

Teries,

Electii.alcoodsi Medica,

writins

rnstruments,

oGank

&

lnorcanic chemi.als, Footuear

and

Packasins

industries

while

aoncside

acunS

as

disnibutor

of

we

are

peased

ro announce

that the

company has

sisned

an Mou wrh

a

l*dins

Eu.opean

companvi

Nar'talc

Corporation,

a.r of

e€ch Republlc under whrch NafBate

w

nansfer Hvdal

I..h.olqy to Vikas

EcoTech

Ltd.

Hydai

technolosy

k technologial

pro.e$

.onvening wane

cookin8

o

I nto

PHA

biopo

ymer/

by means

oftumentairon

and iubs€quenl PNA

potymer

isotarion.

Vikas

Ecote.h

has

already

pioneered

a

technorogy named

as

Wanot,p Te.hnoto3y, in which

waste

cook ngoilis conve ed

inio Plani.lzere for

plaslicsand

rubbere

A6out

flaliraie

Corpodlaon, a,s-€zeh

Relubll.

Founded

n

2011, Nafic

e Corpohrion k

an

R&D

dnven

science

and te.hnolqy .ompany that

deveops internarional

harkets

lor its

hi-re.h

produ.ts

.nd

innovdive

ie.hnorosies,

The

Coeoral on

isowned

and managed by

Mr.

Ladis av

Marei

founderolEtMARcowhichisoieofthe

poneeu

ln

soba

nanoribres

busine5s.

The

a$ociaiion

of NafiSale

corporeuon

and

the

czech

scienihts

ploneered

the

invemion

of the

unique

system

that utili:es

used daep.frying ort.

Hydal

Te.hnoopy

has

received the

prestisious

"Frost

&

sulivan rnnovaton Award"

lrom

the

world

rcnowied re+arch

acency

ftost

& 9ul ivan.

pHAs

are

naturalwater iftolub.

polye*e6,

wh.h are formed

at

higher

temperature ltke

mon

ol

the olher

synlheuc

pla5iics

(thermophsticr.

Maln

pmduction proce$

or

Hydal

k

rementauon,

whe.e bacteria

produ.e

PHA as an

energy

5ource

which

k ako

siored inside rhe

mi.robei

in

the

form

ofsGins

The

micro organisms are fed

by

wa{e Jood

srade

cookins

oilto

grow

When the

limiting

evel

of

Srowth

is

rea.hed,

pBA

is

extracled,

consequendy isorared

and

purilied

by

environmentally

frlendly meihod. apafr

from PNA

rhere

k

secondary, commercially valuable

mat-cria

which

k also

produced.

PHA snonroxi.andn

urecompatibethatcapprovedrorusein

conbd

with

Jood

(Ec

10/2011)add

a so

rormedi(ina

use

lFDA].

Hyda rechno

osy is r00% non

volatile

be.ause used

fryiB

oi

B

oTech is

rhe

fid

indu*ialt.ch

is

al$

a

erce

or energy

Hyda

l)

4

I

Lo

'Pr'.ob

8495

\ei De' 10026

t

8/15/2019 Sign MOU [Company Update]

http://slidepdf.com/reader/full/sign-mou-company-update 3/3

{i.e,

rcrrd

wast€

mderiaDwhich.is

a

soba

surp us and

due to ir

towen qualily,

there

is no

other

efie.tive

oulity.

From

a

cloba

perspective

of

food

supplyi

it k thereforc

more

suitabl.

for

the

produd

on

ofp a$i.r10

use a

waie materiatthanan

etementofthe

food.hatn

AvallabilftyoJexce*

feedstockon

aStobatsca

e

very

tow.os.

Te.hnorocy

independent

of .ne4y

Nish yle

d and efficien.yofthe proces

sehefirs

troh rhk

parrne6hiF

This

aso.iation

was

.onceived

tookinB

at huge surptus

avaitab[fty

or

ware

cookins

oit in

tndia

and

ahroad.

rt is in rine

with our

sratesic

tntenr

of crearinc E.o

friend

y products

by utitizing

hazardous

and waste

marerial. This

venlure witbe

weltposi|oned

ro

everage

on

vtkas

Ecotech,s

stbng

presence

and

reach

ln

Bio.Phnkizeu

ma*er

and use

ot

Nydatte.hnotogy

totapture

a

good

share

ofth

sdemand to

make

Vikas

E.otech

one

ofrnd

a steadin8

Eco

frt€ndly co.

The

plann.d

intesrut

on ofactvitiesw

U hetp

bothcompaniesrea

i*

benefits

tn rerm oletri.teh.ies

aso$

R&D,

dblribution &

pur

ns

ir

tosafeand

commer.ialtyvhbte

uses.

Thk

safe

and

innovative

uritiz

lon of

waste .ooktns

oit

to

manuhdure

e.o

friendty

pHAs

and

plast.lzeE

for

p

ani.s

and

rubbertndunres,

k

expacted

to

cene6te

huge

reiurns.

Thegreatei

(ompei

I

ve

advanra8.r

dfrhe

proJer

NyDArare:

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