Company / About Us

ZylogElastoComp

Established in 1984, Zylog is India’s leading manufacturer of a diverse range of thermoplastic elastomer compounds that are approved and commercially supplied to automotive, medical & healthcare, wire & cable, building / construction, appliances, FMCG, agriculture and other markets.

With a modest beginning in the late 80’s, Zylog, over the years, carved out a niche for itself in the speciality compounds business, receiving global approvals from domestic and multi-nationals automotive OEMs such as Tata Motors, GM, Fiat, Ford, Mahindra, Toyota, Renault Nissan, Volkswagen, Daimler, Maruti Suzuki, Honda, Ashok Leyland, Volvo, Eicher, TVS, Bajaj, Piaggio and many more. Besides automotive, Zylog is well received within the Medical and Healthcare devices industry, approved as suppliers to global companies.

Zylog’s strong reputation and brand was built over simple principles of:

  • Strong technology and applications development
  • Strong customer connect
  • Consistency in quality of supplies
  • Attitude of partnership with customers and suppliers.

These principles, continue to drive the growth of Zylog even today.

Formerly known as Zylog Plastalloys, the company was renamed to Zylog ElastoComp, after exiting the PP Compounding business in 2016 and merging Zylog Composites (Composite Sheet Business) with Zylog Plastalloys.

With an annual growth rate of over 30% over the past several years, Zylog is focused towards growing the elastomer and composites business, servicing the growing Indian & global markets.

30+

Years of Experience

570+

Unique Formulations

180+

Colour Formulations

300+

Applications across diverse markets

400+

Customer, OEM & End Users

Founder & Promoters

Zylog was promoted by Mirisch ‘Mac’ Damani in the early 80’s, after spending over 15 years in USA. He graduated from University of Akron, OH with a Masters in Polymers Science & an MBA from Indiana University, and went on the work with different rubber and plastics processing companies in USA. Prior to returning to India to start Zylog, he was a Senior Consultant with Arthur D Little based in Boston, MA. During his professional career spanning 11 years in USA, he gathered experience in compounding, product and application development for a wide variety of plastic and elastomer based auto components.

He founded Zylog in 1984, with a very specific focus of manufacturing and supplying Polypropylene compounds, TPVs & TPOs for the growing Indian automotive sector. He pioneered PP & TPV compounds in India and was instrumental in the development of the first injection moulded dashboard for Tata Motors 207 truck way back in late 80’s. There was no turning back after that. Over the years, Mr. Damani worked with various OEMs developing different specifications for wide applications. In 1995, He worked closely with Tata Motors and TACO / Sommer Alibert (now, Faurecia) in the design & development of the Indica platform – which was India’s first indigenously developed passenger car, where he was responsible to develop specifications for every interior, exterior and under the hood component. This was a turning point in Zylog’s history and propelled us into becoming an important and large PP compounder in the country.

Today, having handed over the day to day running of the company to the next generation and a professional team, Mr. Damani now spends time between USA and India, continuing to advice, guide and mentor the technology and application development areas, while being active in various national and international bodies, promoting plastics & elastomers.

Aschak Damani joined Zylog in mid 2004; after completing his MBA from Chicago, USA.

After having trained in various areas of the business for the first 6 years; Aschak was tasked to develop new automotive OEM customers. He worked closely with Renault Nissan, Toyota and Daimler to grow Zylog’s business in south India. This new business resulted in a new manufacturing facility in Chennai, wherein he gained extensive experience in setting up a full greenfield project right from planning to installation / commisioning to running an independent facility.

Besides this, Aschak continued to work closely in growing and developing accounts of Tata Motors, Mahindra, Volkswagen, Bajaj, TVS, Ashok Leyland and others purusing new technology and application development, resulting in compounding capacity growth from 8,000 tons to 32,000 tons per annum, within 10 years.

In 2013, Aschak was provided and opportunity to diversify the company’s business, venturing into sheet extrusion for thermoformed auto components. This gave him an experience of starting a new company from scratch, working closely with the team to manage legal & statutory compliances, HR planning, budgeting & financial oversee, technology & process development, machine procurement and finally running an independent P&L.

In 2016, Aschak was an integral part of carving out and selling the PP compounding business to LyondellBasell. He was responsible for the M&A process working closely with the buyers, legal and due diligence teams; thus completing a full circle in a short career span of 12 years that included capacity expansion, new greenfield projects, new company setup, and an M&A transaction.

Today, Aschak is CEO and Executive Director of Zylog, growing the niche elastomer compounding & sheet / laminates business, focused on servicing domestic and global markets for Automotive, Medical & Healthcare, Wire & Cable, Building / Construction, Appliances & FMCG sectors.

Board

Dr. Krishna Venkataswamy

Rasesh V Parekh

Management Team

Ravindra Shinde
Vice President Operations

Ashish Sawant
GM – Business Development and Tech Services

Nitin Chhariya
AGM – Accounts & Finance