Pidilite Industries Share Price in Focus; Signs Partnership with South Korea’s Hwaseung Chemical

Pidilite Industries has partnered with South Korea-based Hwaseung Chemical to bring its footwear adhesive systems to the Indian market, as per an exchange filing.  

The companies announced the partnership on 28 September 2026, with the products aimed at footwear manufacturers in India.  

Adhesives for Footwear Production 

The products are already used in global sports footwear production, according to Pidilite. Some of the adhesive systems have also been nominated by leading global brands. 

The systems are for use on high-volume manufacturing lines. Pidilite said the partnership will give Indian footwear manufacturers access to these adhesive systems, along with technical support in the local market.  

Safety and Environmental Standards 

The adhesive formulations comply with a number of international safety and environmental requirements. These include REACH, SVHC, Prop 65 and the US Clean Air Act, as well as ISO 14001 and RoHS requirements.  

The products are low-VOC and non-flammable formulations. They can be used with modern application techniques and are intended to reduce environmental impact and provide safer working conditions during production.  

Role of the Two Companies 

Hwaseung Chemical will bring its footwear adhesive formulations, while Pidilite will provide local technical expertise and support.  

The companies said the arrangement is intended to help manufacturers maintain consistent production and meet the requirements of global footwear brands.  

Pidilite Managing Director Sudhanshu Vats said India is emerging as a key hub for global footwear manufacturing. Hwaseung Group Vice-President Chris Hyun also described India as a fast-growing footwear manufacturing market.  

Pidilite's Business 

Pidilite makes adhesives, sealants, construction chemicals, industrial adhesives, resins and other products. Its brands include Fevicol, M-Seal, Fevikwik, Fevistik, Roff, Dr Fixit, Araldite, and Fevicryl.  

Read More: Dr Lal PathLabs Share Price in Focus; To Acquire 70% Stake in SN Genelab for Up to ₹168 Crore! 

Pidilite Industries Share Price Performance  

As of September 29, 2026, 11:26 am, Pidilite Industries share price was trading at ₹1,480.70, a 1.48% decrease from the previous closing price. 

Conclusion 

The partnership adds Hwaseung Chemical’s footwear adhesive systems to Pidilite’s offerings in India. The products will be supported by Pidilite’s local technical team. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.