Asahi Yukizai Corporation formerly known as Asahi Organic Chemicals Industry Co. Ltd of Japan and Modi Rubber Limited of India have collaborated to form Asahi Modi Materials Private Limited (AMMPL), which is involved in the manufacturing of resin-coated sand/shell sand using high quality washed silica sand, artificial sand or cera-beads and solid phenolic resins for automotive and non-automotive original equipment manufacturers in the Indian and overseas market.
The company has invested Rs 300 million on its plant in Jhagadia, Bharuch district, Gujarat (India). It is equipped with the state-of-the-art technology and has the capacity to produce 5500 metric tons of resin-coated sand per month. AMM's plant has the largest production capacity in India.
Asahi Yukizai Corporation formerly known as Asahi Organic Chemicals Industry Co. Ltd (AOC) was established on March 12, 1945, and has its headquarters in Nobeoka (Miyazaki Pref.) & Tokyo. With a capital of US$ 65 million and a sales volume of US$ 430 million, AOC is the market leader in Japan.
Modi Rubber Ltd is part of Late. Padmashri Rai Bahadur Gujarmal's Modi Group of Industries. The Modi Group is a diversified group with varied interests in areas like float glass manufacturing, tourism, travel, education and franchising.