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Ashapura Volclay Limited (AVL), an Indo-American-Japanese joint venture, has been established to set up a state-of-the-art plant to manufacture Acid Activated Bleaching Earth in India. The joint venture is in technical collaboration with Mizusawa Industrial Chemicals Ltd., the largest producer of Activated Bleaching Earth in Japan. Till date, the product branded as GALLEON was being manufactured only in Japan. The product is well known internationally as the Galleon Brand, and is widely used as a refining and bleaching agent for various vegetable oils, fatty acids, petroleum, lubricating oils and waxes. |
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With the opening up of the Indian economy, AMCOL International Corporation of USA, the largest producer of value added Bentonite products worldwide, was keen to establish its presence in India, preferably as a Joint Venture. To pursue manufacturing and marketing of value added Bentonite products and its applications in India, AMCOL found a strategic business partner in Ashapura Minechem Limited (AML). |
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Volclay International (VI), as AMCOL's investment arm, entered into a Joint Venture with Ashapura Minechem Limited (AML). Ashapura Voclay Limited (AVL) was thus setup to reap the benefits of the combined resources of both groups. The Joint Venture is engaged in the following activities:
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This alliance has given AMCOL's international marketing expertise and Mizusawa's technological inputs to the Indian business, helping it to produce superior quality products to displace those currently being imported in India by the end users. |
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The technology required for this product is available with very few companies in the world. A Technology License Agreement has been entered into with Mizusawa Industrial Chemicals Limited (MICL) of Japan for transfer of filterless technology for the production of Bleaching Earth. MICL has permitted use of its brand name, "Galleon" by Ashapura Volclay Limited.
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