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
