The agri-inputs division of Excel Industries Limited is de-merged into a separate entity “Excel Crop Care Limited”. The Chemicals and Environment & Bio-tech businesses retained with Excel Industries Limited.
Excel develops a specialty monomer for a major US based polycarbonate manufacturer who required it for production of polycarbonate resins with enhanced functional properties for high end applications. The process R & D and approval of the product with the customer completed in record time. In due course of time, Excel established its presence as a major supplier of this monomer to the client.