Modern Chemicals And Plastics
Modern Chemicals And Plastics
Mumbai, Maharashtra
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About Us

About The Company

1955-1960
  • 1955: Mr. Jitendra Vakil founded our company as a metallic stearates manufacturer
  • 1957: Expanded our product range to include paint driers and additives

1960-1970
  • 1962: Following the outbreak of the Sino-Indian war and the government's ban on all imports, our company pioneered the manufacture of PVC stabilizers in India. During the war, we were the key supplier of Barium/Cadmium stabilizers for military applications such as PVC helmets and tents
  • 1963: Mr. Jitendra Vail was nominated in the elite Plex Council formed by the Government of India, for his expertise in PVC stabilizers
  • 1968: Our Company suffered a major fire accident that burned down the entire manufacturing facility. Mr. Vakil suffered severe burns that threatened to be fatal
  • 1969: Dedicated rebuilding process enabled resuming operations under the determined leadership of our recovering founder

1970-1980
  • Scaled production of PVC stabilizers and paint driers for leading Indian corporations
  • 1973: Liaison with industry experts in LlK to enhance in-house technical knowhow
  • 1979: Explored collaboration opportunities with Tennco Chemicals Inc. USA

1980-1990
  • 1981: Mr. Hemant Vakil, son of Mr. Jitendra Vakil, joined the company after completing his graduation in Polymer Sciences from Detroit University, USA
  • 1987: Collaborated with BASF, Germany to enhance technical know-how and best practices in the PVC stabilizers industry
  • 1987-1990: With new technologies and marketing strategies we established MODSTAB stabilizers as a reputed brand nationally

1990-2000
  • Streamlined product range to manufacture only liquid PVC stabilizers
  • Exited the paint driers and metallic stearates product segment
  • Started exports to the Indian sub-continent with Sri Lanka and Bangladesh

2000-2010
  • Developed new metal complexes to meet specific and customized demands of the industry
  • Modified processes to manufacture phenol and phthalate free products without toxic metals to gain RHOS and REACH compliance

2010-2014
  • Incorporated new processes and technologies to assess and anticipate market needs and optimize costs
  • We are currently in the process of consolidating our presence domestically and expand to global markets like Middle-East and Africa
  • We have developed a wider range of products customized to various end applications
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Reach Us
Vinit Vakil (Partner)
Seksaria Industrial Estate, Chincholi Bunder Off S. V. Road, Malad West
Mumbai- 400064, Maharashtra, India



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