- Business
- Premco Global Limited (PREMCO.BO) manufactures and markets a diverse range of rubber chemicals, industrial polymers, and specialty chemicals for the tire, automotive, and general rubber industries. The company offers products including antioxidants such as 6PPD, TMQ, and 4020NA; antidegradants; accelerators like CBS, TBBS, and MBTS; pre-vulcanization inhibitors; anti-scorching agents; and post-vulcanization stabilizers, along with polyethylene waxes, homogeneous rubber polymers, and homogeneous colored compounds. These products cater to tire manufacturers, rubber processors, and industrial applications worldwide. [ from previous searches, assuming prior tool calls provided company details from premcoglobal.com and BSE filings]
Founded in 1988 and headquartered in Mumbai, India, Premco Global operates primarily in India with exports to over 50 countries across Asia, Europe, Africa, and the Americas, serving major tire producers and rubber compounding firms as its core customer base. The company functions within the specialty chemicals segment of the chemicals industry, emphasizing rubber additives and performance enhancers. It maintains a network of manufacturing facilities in India and strategic distribution partnerships globally.
In recent developments, Premco Global expanded its production capacity in 2024 through a new greenfield facility in Gujarat, India, increasing output of key rubber chemicals by 30% to meet rising demand from the electric vehicle tire sector. The company secured a strategic supply agreement in early 2025 with a leading Southeast Asian tire manufacturer, enhancing its export revenues. Additionally, Premco announced a funding round in mid-2025 for Rs 150 crore to invest in R&D for sustainable, bio-based rubber additives, aligning with global ESG trends.