ScoutQuest28 Sep 2026
Pidilite Industries500331Strategic partnership

Strategic partnership with Hwaseung Chemical for advanced footwear adhesives in India

Pidilite has entered a strategic partnership with South Korea's Hwaseung Chemical, a global player in high-performance footwear adhesives.

Partner Company
Hwaseung Chemical, South Korea
Partnership Focus
High-performance footwear adhesives for India's footwear manufacturing industry
Product Standards
Low-VOC, non-flammable, compliant with REACH, Prop 65, ISO 14001, RoHS
Service Model
Pidilite provides local technical support

What was announced

Pidilite Industries has entered into a strategic partnership with Hwaseung Chemical, described as a global leader in high-performance footwear adhesives, to introduce advanced South Korean bonding technologies to the Indian market.

What it covers

Product standards

The adhesive systems are stated to comply with global environmental and safety standards including REACH, SVHC, Prop 65 and the U.S. Clean Air Act, while aligning with ISO 14001 and RoHS requirements. They are low-VOC and non-flammable formulations compatible with modern application techniques.

Management comments

Managing Director Sudhanshu Vats said India is emerging as a key hub for global footwear manufacturing and that the collaboration lets Pidilite offer adhesive technologies already trusted in international markets, combined with local technical support. Chris Hyun, Vice-President of Hwaseung Group, said partnering with Pidilite allows the group to bring its globally trusted footwear adhesive technologies to a fast-growing manufacturing market.

How to read it

This is a business development and product-technology tie-up aimed at the industrial footwear adhesives segment, which sits alongside Pidilite's consumer brands such as Fevicol, M-Seal, Dr. Fixit and Araldite. The release describes the scope and intent of the collaboration in qualitative terms.

Source: BSE · 28 Sep 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.