Stovac of India

India is considered to become the next economic engine for the world as world is looking to duplicate the success of China.          Polychrome had a very early exposure to the Indian market through licensing of PS technology there.        Technova at that time was the only major PS plate manufacture there under license from Agfa.       Like 2FF licensing, we could have had long term mutually profitable relationship.           But the license term came to an end after the formation of Kodak Polychrome.        

The Stovac of India, in the business of manufacturing  an electroplating system for rotary screen printing rollers and equipments for the textile industry, approached Polychrome in around 1991-92 for a license to build PS plate manufacturing plant in India.      Mr. Baghattis, the principal, indicated that the Indian tariffs are too high to import equipment and would like to build entirely by themselves under our licensing. 
They were in the business of building rotary screen rollers using electroplating technology and familiar with equipment for textile industry.        In 1992 Simon enlisted Mr. Tanimoto of DIC and Durmech of England to assess Stovac capabilities and the site for the PS plant.       During 1992-93 period, Roman Mrzyglocki, Jennifer Lin and Durmech corroborated to come up with a design for Stovac.      Roman continued to support the project supervising construction till completion around 1995.   This was followed up by commissioning / training/ support by Jenchi Huang, and Phil Yamin.
Simon continued to champion for the closer relation with the licensees.     But after the termination (or lapse) of the licensing agreement, the Stovac was acquired by Technova and now Technova appears to own the Indian market.