Hindustan Zinc (NSE:HINDZINC, BOM:500188) has signed a memorandum of understanding with Sulfozyme Agro India under its Zinc Industrial Park initiative in Bhilwara, Rajasthan, according to an Indian bourse filing on Wednesday.
Under the agreement, Sulfozyme Agro plans to set up operations at the industrial park to process "zinc-based materials into value-added products for industrial and downstream applications," the filing said.
Hindustan Zinc will provide raw material linkages and support for supply chain and manufacturing operations within the industrial park ecosystem, the company said.