Talbros Automotive forms JV with Lohum Cleantech for rCB and devulcanized rubber

Talbros Automotive Components Ltd has executed a Joint Venture Agreement with Lohum Cleantech Private Limited to form a new entity, Lohum Talbros CarbonTech Private Limited. This joint venture will focus on the trading, manufacturing, production, and refining of recovered Carbon Black (rCB) and devulcanized rubber. The JV company's board will consist of five directors, with Lohum Cleantech nominating three and Talbros Automotive nominating two. Talbros Automotive Components Limited will hold a 49% stake, while Lohum Cleantech Private Limited will hold 51% in the JV.