Kluthe leverage with Global customers in these industries combined with Zavenir's domestic infrastructure in manufacturing and sales of specialty chemical products provide synergies which can enable Zavenir Kluthe to establish a leadership position in the Indian metal working fluid and surface treatment markets.

Saket Bhartia, Managing Director of Zavenir,  said, "Zavenir has in the past built up a leadership position in the Indian corrosion prevention markets, with this strong commitment from Kluthe, Zavenir Kluthe aspire to become a top 3 player in the INR 20 Billion metal working fluid market by 2020."

Martin Kluthe, Managing Director of Kluthe Group (Germany) said, "Zavenir has for long been a trustworthy licensee of Kluthe Group, and nobody better than Zavenir could cater to our needs of expansion in the Indian market. As a venture extension of the partnership, we are planning on setting up a technology center and state of the art -plant in Western India to cater to ever growing Indian markets by 2020."

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