Encore Natural Polymers Private Limited will construct a facility at Dahej, Gujarat for the manufacture of derivatized natural polymers. This facility will allow them to increase its manufacturing capacity greatly, while providing separate manufacturing locations for it's derivatized and native natural gums.
The first 3 years see increasing demand from the Oil and Gas Well Drilling and Fracturing
sector, guar prices increase exponentially. The textile printing, paint, construction and cosmetics
industries can no longer afford to purchase guar-based additives at this time.
Encore Natural Polymers develop derivatives of other seeds to replace guar in the paint,
construction and textile printing industries. Many of these new products provide better results
than the original guar-based products.
Oil Prices plummet, as does demand from the Oil and Gas Well Drilling and Fracturing Industry.
The use of Guar derivatives in other sectors increases.
The Management and Research & Development teams at Encore Natural Polymers Private
Limited devote their time and efforts to the development of high value derivatives of both guar
and other seeds for various industrial uses.
Encore Natural Polymers Private Limited purchases land in Dahej, on the coast of Gujarat to
expand it's derivatized products businesses.
Encore Natural Polymers Private Limited changes it's logo.
The Encore Group is reorganized. Encore Natural Polymers and Halcyon Labs form a separate
Due to the increasing demand from the Oil and Gas Well Drilling and Fracturing sector, guar prices increase exponentially.
The textile printing, paint, construction and cosmetics industries can no longer afford to purchase guar-based additives.
The Management and Research & Development teams at Encore Natural Polymers Private Limited devote their time and efforts to the development of new products using different seeds and chemicals to replace guar based products in these industries. Many of these new products provide better results than the original guar-based products.
Encore Natural Polymers Private Limited purchases land in Dahej, on the coast of Gujarat to expand it's derivatized products businesses.
Encore Natural Polymers Private Limited changes it's logo
Encore Natural Polymers Private Limited diversifies its product applications.
Multiple new products and ranges are developed to cater to the Oil and Gas Well Drilling and Fracturing, Paint, Construction, and Cosmetics Industries.
Textile printing thickeners remain a large part of the business.
The AGM group is renamed to Encore Group.
A fourth company is added to the group, Encore Healthcare Private Limited.
The Merchant Family has grown with time, and decides to separate Indian Gum Industries into smaller companies.
The AGM Group of companies is formed by the Ajitkumar Gordhandas (Merchant) family. The Naroda, Gujarat facility is transferred to AGM Group. This group renames the company to Encore Natural Polymers Private Limited. The AGM Group has two other member companies, Zyg Pharma Private Limited, and Halcyon Labs Private Limited.
Indian Gum Industries diversifies its business to include the manufacture of derivatized tamarind kernel powder, manufactured at the Naroda, Gujarat facility.
Hercules Incorporated and Indian Gum Industries part ways. Indian Gum Industries becomes a wholly Indian owned entity, run by the Gordhandas Jamnadas (Merchant) family.
The split manufacturing business is fast becoming a low value addition business. The Merchant family decides to repurpose the Naroda facility to manufacture derivatized guar products for textile printing.
Another facility is set up in Jodhpur, Rajasthan, to meet the growing demand for guar gum worldwide.
Indian Gum Industries sets up a new facility in Naroda, just outside Ahmedabad, Gujarat to manufacture guar splits.
Hercules Incorporated, a Wilmington, Delaware acquire the Cesalpinia Group, USA based chemical and munitions manufacturer.
Mr. Gordhandas Jamnadas forms a company, Indian Gum Industries, in financial collaboration with the Cesalpinia Group.
A first of its kind factory is opened in Mumbai, India to manufacture Guar Gum as an alternate natural polymer to locust bean gum.
The Gordhandas Jamnadas (Merchant) family pioneer the manufacture of Guar Gum.
Mr. Gordhandas Jamnadas, the founder of Indian Gum Industries, was traveling by ship, when he met a co-passenger, the head of the Cesalpinia Group, Italy. The Cesalpinia Group was in the business of manufacturing locust bean gum, from locust beans grown in Europe. Prices for locust beans were rising, and they came to a decision to search for other seeds that could be used as thickeners.
Mr. Gordhandas Jamnadas returned to India, and spent close to three years researching over 300 seeds to find a suitable seed to manufacture natural polymers.
The guar plant is identified as the ideal source for natural polymers. Guar, originating from the words “Gau Ahar”, meaning food for the cows. It was fed to cattle as it was composed of 68% protein. 28% of the pods were the endosperm, which provided no nutritional value to cattle, but was ideal for the manufacture of Guar Gum, a Natural Polymer.
Due to it's distance from guar growing regions, the oldest guar gum facility, in Mumbai, India, is shut down by the Merchant Family