Multitrade Transactions & Solutions Pvt. Ltd. was formed as a company in June 2002.

The company deals in formulation and propagation of anticorrosive chemicals. The basic idea was to provide a product within the country which could be at par with top world class rust converters.

Hence it was decided to formalize a partnership with IIT Delhi and FITT for developing the technology and formulation of rust converters / reformers in the initial period. After extensive trials and tests, “MTSRUSTGARD^TM” was researched and developed by FITT Delhi and the technology formally transferred to Multitrade in June 2003. The product has been developed as per international standards and continues to have certain key imported ingredients not available in the country, but with improved technology and added features, innovated by FITT, the product itself was considered an improvement over imported products.

Huge losses are incurred worldwide to plant, machinery, construction, shipping, railways, conveyance, pipelines, bridges and other structures from corrosion and rusting. All industries suffer as a result as these losses are in the form of actual corrosive damage and reduction in operational life, thereby causing value losses, expensive repairs and repeated maintenance. To counter such losses rust preventers / reformers and protectors together with a host of enamel and epoxy top coats have been in use for many years. These have never been cost effective and in reality not only turn out to be regular recurring expense but in essence they do not arrest the problem of rusting. In direct variation, RUSTGARD, which is rust reformed, is ideal. It is a revolutionary, modern, Hi-tech product that reforms and arrests the process of rusting and is extremely cost effective. Furthermore it is eco friendly and non harmful to the environment as it is water based formulation with no toxic contents.

Multitrade has conducted rigorous trials and tests in various industries and service organizations such as shipping, railways, construction, thermal and hydroelectric power plants and normal plant and machinery at various locations. The product has been well received and appreciated and on trials conducted through two monsoon seasons, has been able to establish its efficacy.

Multitrade intends to continue manufacturing and propagating sales of anti-corrosive chemicals to help in corrosion problems for various types of customer requirements.