𝚁𝙴𝙷𝙰𝚄 𝚂𝚝𝚛𝚎𝚗𝚐𝚝𝚑𝚎𝚗𝚜 𝙸𝚗𝚍𝚒𝚊𝚗 𝙼𝚊𝚛𝚔𝚎𝚝 𝙿𝚛𝚎𝚜𝚎𝚗𝚌𝚎 𝚠𝚒𝚝𝚑 𝟻𝟷% 𝚂𝚝𝚊𝚔𝚎 𝙰𝚌𝚚𝚞𝚒𝚜𝚒𝚝𝚒𝚘𝚗 𝚒𝚗 𝚁𝙴𝙳 𝚂𝚝𝚊𝚛 𝙿𝚘𝚕𝚢𝚖𝚎𝚛𝚜

Chennai, 22nd October 2024: REHAU Group, headquarters in Germany ., a global leader in polymer product solutions for emerging markets like Interior, Building, Windows, Railways(Metro), and Automotive across the world, has a presence in over 100+ countries with more than 20,000 employees recorded revenue more than €4.7 billion last year, has successfully acquired Majority stake in Chennai-based RED STAR Polymers Pvt Ltd., through the Foreign Direct Investment (FDI) from his Switzerland entity M/s REHAU VERWALTUNGSZENTRALE AG. RED STAR Polymers, a leading producer of PVC Edgeband tapes has a manufacturing facility in Sri City, Andhra Pradesh, and boasts a strong presence in South India. (L to R) Lakshmi Pacha, Director of RED STAR; Faiz Ahmed, Director of REHAU South; Rafael Daum, CEO Asia Pacific, REHAU Asia; S Kartikeyan, Director, RED STAR Polymers RED STAR, under the leadership of Mr. Karthikeyan, a veteran with over 40 years in the furniture indust...