Chembond Water Technologies Limited, a subsidiary of Chembond Chemicals Limited has received the “2020 Indian Water Chemicals Company of the Year” award from Frost & Sullivan.

 

The company is both a pioneer and a leader in water chemicals with an industry experience of 45 years. The company has demonstrated excellence in growth, innovation and leadership. 

 

This excellence typically translates into superior performance in three key areas—demand generation, brand development and competitive positioning—that serve as the foundation of a company’s future success and prepare it to deliver on the two factors that define the Company of the Year Award—Visionary innovation and performance and customer impact.

 

“This award energizes us, as it reaffirms our belief in the guiding principles imbibed in our organization by our founder Dr. Vinod Shah. Surely, we owe our success to the support of our valuable customers, and the contributions from our suppliers, partners, employees, shareholders and directors,” said Nirmal V. Shah, Chairman & Managing Director, Chembond Chemicals Limited. 

 

Accepting the award on behalf of the organization, Vinod Deshpande, Director, Chembond Chemicals said, “We are elated with this recognition as it comes as a result of ongoing research conducted by Frost & Sullivan to identify companies that consistently pursue or invest in new technologies, enabling them to serve their customers more effectively and grow above the industry average. This is no ordinary achievement.”