Globally the end-user industries of Automotive, Electrical & Electronics, Infrastructure, Textile and Power Tools are clocking a steady growth rate, and this is providing an apt ground for the stupendous growth of Polymer and Engineering Plastics industry. In addition, the advent and adaptation of new technologies by the Engineering Plastics industry is helping it to garner growth by replacing traditional materials like metals, glass, and others by offering better properties at competitive costs to end-user industries. Sensing the potential opportunity in this niche, Loxim forayed into Engineering Plastics business in 2006 with a dedicated plant to capitalise on the growing Engineering Plastics market.
Loxim established a state-of-the-art technology infrastructure to develop and manufacture a range of Engineering Plastics compounds and alloys. Loxim’s ability to collaborate with its customers, by sharing its rich experience in compounding and offering unique solutions from its best-in-the class production facility has helped it to create a sustainable business and given a competitive edge to its customers. Loxim currently caters to the requirements of OEMs and their vendors across the globe and to most of the major markets such as Automotive, Electrical & Electronics, Infrastructure, Textile, and Power Tools.