Russian Rich Chemical Signs Cooperation Agreement With India’s Green Wings at INNOPROM India 2026

Russian industrial materials manufacturer Rich Chemical LLC has signed a cooperation agreement with Indian company Green Wings during the inaugural INNOPROM India 2026 exhibition in New Delhi, adding another company-level partnership to the expanding industrial engagement between India and Russia.

The agreement was concluded as part of the international “Made in Russia” business mission organised with the support of the Russian Export Center, or REC. Rich Chemical and Green Wings were specifically identified among the companies that formalised agreements during the exhibition. The REC representation in India assisted participating Russian companies with negotiations and preparation of the necessary documents.

The agreement places Rich Chemical among a group of Russian industrial companies using the first Indian edition of INNOPROM to establish direct commercial relationships with Indian partners. Public information released following the signing confirms the agreement but does not yet disclose its commercial value, product volumes, implementation schedule or the precise projects that Green Wings and Rich Chemical will pursue together.

Agreement Signed Under the Made in Russia Business Mission

INNOPROM India was held from September 9 to 11, 2026 at Bharat Mandapam in New Delhi, marking the first time the international industrial exhibition was organised in India. The event was designed as a dedicated platform for industrial cooperation, trade, technology partnerships and investment between Russian and Indian companies.

The Russian Export Center organised an international business mission alongside the exhibition under the Made in Russia national brand. Around two dozen Russian companies from ten regions participated in the mission, presenting technologies and products spanning industrial manufacturing, transport, chemicals, construction materials, machinery and other sectors.

REC subsequently reported that Russian exporters signed ten agreements with partners during the exhibition. Rich Chemical’s agreement with Green Wings was specifically listed among them. Another agreement arising from the same business mission involved Russian chemical company Sintez-PKZh and India’s Inlab Chemicals.

The agreements went beyond conventional product sales. Mamed Akhmedov, head of the Russian Export Center’s representative office in India, said the important feature of the mission was the willingness of Indian partners to work towards joint products and localisation of technologies, describing that approach as a foundation for longer-term Russian-Indian technological cooperation.

Rich Chemical Brings Road and Infrastructure Materials to the Partnership

Rich Chemical is a Russian manufacturing and technology company specialising primarily in road-construction materials, road-marking products and specialised chemical formulations. The company says it has operated in the Russian and CIS markets since 2009 and maintains manufacturing operations in Kimry in Russia’s Tver region, alongside its Moscow office.

Its portfolio extends across several parts of the road-maintenance and municipal-infrastructure sector. Rich Chemical manufactures products for road repair, surface maintenance, road markings, cleaning and winter road treatment, as well as specialised polymer and resin technologies.

The company’s road-marking portfolio includes GALA paints, ATLANT thermoplastic and LEADER cold-applied plastic, while its road-construction range includes specialised repair compounds and related maintenance materials. Rich Chemical also develops the Barline methyl methacrylate resin system, which is based on acrylic chemistry and intended for demanding industrial applications.

Its wider industrial activities include epoxy and acrylic resins and hardeners, warm and cold asphalt products for pothole repair, anti-icing materials and products intended for road and municipal services. The company describes its operations as combining manufacturing with an in-house laboratory focused on maintaining product consistency and developing new formulations.

CARBON and Other Road-Repair Technologies

One of the company’s proprietary developments is CARBON, a polymer-acrylic repair mixture supplied with a hardener. Rich Chemical positions the material as part of its portfolio for the repair and maintenance of road infrastructure.

The company also manufactures PAKTOL, a concentrated detergent intended for road and municipal cleaning, as well as ACE AXE anti-icing reagents offered in dry and liquid forms. These products place Rich Chemical’s core business directly within the day-to-day requirements of road operators, municipalities and infrastructure-maintenance organisations.

Its participation in the Indian market therefore carries potential relevance beyond the conventional chemicals trade. India is expanding highways, urban roads, industrial corridors and logistics infrastructure on a large scale, creating sustained demand for road-maintenance technologies, durable marking materials, repair compounds and specialised chemicals.

The Rich Chemical-Green Wings agreement may provide the Russian company with an Indian partner through which such technologies can be evaluated for the domestic market. The companies have not yet published enough information to determine whether the agreement covers distribution, local manufacturing, technology transfer or a combination of these activities.

Lithium-Ion Battery Recycling Adds Another Technology Dimension

Rich Chemical’s technology portfolio is not limited to road materials. The company also says it has implemented a hydrometallurgical technology for recycling lithium-ion batteries, positioning battery recycling as one of its investment and technology-development areas.

Hydrometallurgical recycling uses chemical processing to recover valuable materials contained within spent batteries. Such technologies are becoming increasingly important as electric mobility, stationary energy storage and consumer electronics increase the volume of lithium-ion batteries reaching the end of their useful lives.

Rich Chemical lists lithium-ion battery recycling among its own technological activities, but neither REC nor Rich Chemical has publicly stated that the Green Wings agreement specifically concerns battery recycling. The partnership should therefore not be described as a battery-recycling project until the companies disclose the scope of the agreement.

Part of Ten Agreements Secured by Russian Companies in New Delhi

The Rich Chemical-Green Wings agreement formed part of a wider package of commercial understandings reached during INNOPROM India.

The Russian Export Center reported agreements involving companies including Natsproektstroy with BulkMRO, SibSensor with the TVS Group, NexTouch with Innopraktika and Kantika Import Export & Trading, and Sintez-PKZh with Inlab Chemicals. Other agreements involved technology, regional business cooperation and the development of an artificial-intelligence centre of excellence.

Taken together, the agreements illustrate the practical purpose of the first INNOPROM India exhibition: moving Russian-Indian industrial engagement from large government-to-government projects towards a broader network of direct relationships between manufacturing, technology and engineering companies.

INNOPROM India Opens a New Industrial Channel Between the Two Countries

The inaugural INNOPROM India was organised as part of a wider effort to deepen industrial links between India and Russia. The official event programme covered mechanical engineering, chemicals, metallurgy and materials, digital technologies, mining technologies and consumer-sector trade.

India’s National Industrial Corridor Development Corporation participated in the exhibition, presenting investment opportunities across the country’s emerging industrial corridors and smart industrial cities. The Indian government described the event as another platform for strengthening the India-Russia Special and Privileged Strategic Partnership through manufacturing, technology and investment cooperation.

The exhibition also took place against the backdrop of the two countries’ target of increasing bilateral trade to US$100 billion by 2030. Industrial cooperation, localisation and the development of more balanced two-way trade have become increasingly important as both sides look beyond the energy-driven expansion that has dominated bilateral trade in recent years.

A New India Entry Point for a Specialised Russian Manufacturer

For Rich Chemical, the agreement with Green Wings provides a formal opening into one of the world’s largest and fastest-expanding infrastructure markets. The Russian company brings a portfolio centred on road maintenance, road markings, polymer materials, municipal chemicals and newer recycling technologies, while the Indian partnership creates a possible route for adapting those products to local requirements.

The importance of the agreement will ultimately depend on the projects that follow the signing. Its immediate significance lies in establishing a direct commercial relationship between a specialised Russian manufacturer and an Indian partner at the first INNOPROM held in the country.

INNOPROM India was conceived precisely to create such relationships. The Rich Chemical-Green Wings agreement demonstrates how India-Russia industrial cooperation is beginning to move beyond traditional sectors into specialised manufacturing, infrastructure materials and applied technologies. As these company-level partnerships develop into distribution, localisation and potentially joint production, they can add greater depth and diversity to an economic relationship that both countries are seeking to expand substantially over the remainder of the decade.

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References

Russian Export Center — Report on ten agreements signed by Russian exporters at INNOPROM India 2026.

INNOPROM — Official information on the inaugural INNOPROM India, New Delhi, September 9–11, 2026.

Press Information Bureau, Ministry of Commerce & Industry — NICDC participation in INNOPROM India 2026 and India-Russia industrial cooperation.

Rich Chemical LLC — Corporate profile, road-construction materials, road-marking products and technology portfolio.

Rich Chemical LLC — Corporate information on polymer materials, road-maintenance products and lithium-ion battery recycling.

Russian Export Center — Made in Russia international business mission at INNOPROM India 2026.

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