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Bangalore, India – February 14, 2006 – Resil Chemicals Pvt. Ltd. and Dow
Corning Corporation have announced a business collaboration for joint
exploration of new possibilities in silicone-based textile and garment
finishing. The collaboration will harmonize the participants’ complementary
strengths in silicone technology, Resil’s application expertise and Dow
Corning’s material science. Under the collaboration agreement, Resil’s
silicone-based formulations will benefit from Dow Corning’s ingredients and
technology, and will include the Resil brand and the Powered by Dow
Corning® brand on labels and supporting commercial and technical
information.
The collaboration is based on strategic alignments and key attributes that
both companies share: a history of successful leadership in the textiles
industry, high brand recognition, principled management practices and a strong
commitment to quality, safety and the environment.
“This is a unique association of two companies with extensive global
textiles industry experience,” explained M. S. Mohan, Managing Director of
Resil Chemicals. “We are proud to be the first company chosen to leverage the
Powered by Dow Corning® brand. Together, we will be able to
offer our customers enhanced, tailor-made value propositions that meet their
evolving needs. Our joint efforts should result in innovative products and
solutions, as well as increased functionalities, better process efficiencies
and a true competitive advantage for our customers.”
“As a company, Resil has focused on knowledge and discovery to drive
development of our market-leading, customized finishing solutions,” Mr. Mohan
continued. “Our collaboration with Dow Corning will improve our product appeal
with consistency in key ingredients, enhance our development activities and
benefit our customers with innovative solutions for textile and garment
finishing. Because Resil and Dow Corning work hard to understand the specific
needs of our market, Resil customers will have the most up-to-date silicone
finishing solutions globally available.”
Resil’s customers will begin benefiting from these solutions immediately.
The first jointly developed Powered by Dow Corning® product
is already being launched. Resil™Innocelle YL is a silicone yarn
lubricant that delivers durable softness with the best balance of lubricity and
tensile strength. Mr. Mohan believes it is an excellent example of the types of
customer-benefiting solutions that can be achieved when Resil’s application and
market knowledge is combined with Dow Corning’s silicon-based technology
expertise. A second new Powered by Dow Corning® product –
Resil™ Innocelle KS – will be launched soon. According to Raj Kapur, Managing
Director for Dow Corning India, the Resil-Dow Corning collaboration is an
important initiative for the textile and garment finishing industry in India
and other SAARC countries.
“In Resil we have found an organization that shares our vision for growth
through providing total solutions for customers,” noted Mr. Kapur. “Dow Corning
brings our material science capabilities and global presence to the
collaboration. Resil supplies market experience and deep understanding of
customer needs. These strengths, coupled with our shared expertise in silicon
technology, will benefit textile producers and garment finishers across the
region with innovative, market-leading products. From the start, Resil
management has demonstrated a commitment to the market they serve, and the
company has invested in knowledge, people and facilities to back up that
commitment.”
Applying the Powered by Dow Corning® brand to
silicone-based textile finishing productsrepresents a commitment by Dow Corning
to help customers, like Resil, who meet specific criteria, put the power of
silicone technology and 40 years of textile experience to work for their
customers.
“Textile finishing is one of many markets where silicones are used to impart
specific performance advantages to products,” Mr. Kapur said. “As part of our
collaboration, Resil will enjoy a high level of support from Dow Corning,
including a global perspective, formulation development and technical
expertise. We are interested in extending these activities to qualified
customers in other key markets we serve.”
Resil Chemicals Pvt. Ltd. has been a leader in silicone-based and total
finishing solutions for textile and garments since 1994. Headquartered in
Bangalore, the company operates comprehensive manufacturing facilities, one of
the country’s independent Application Research Centres, as well as sales
offices, across India. To learn more about Resil, visit www.resil.com.
To find out how your products can be Powered by Dow
Corning®, Contact us.
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