Clariant, a world leader in specialty chemicals, announced on 31 March 2015 that it has acquired the black pigment preparations portfolio of Lanxess, located at Nagda in Madhya Pradesh. This product line of Lanxess manufactures black pigment preparations used for processing of viscose fibre, used in the manufacture of mainly viscose based apparel, knitwear, towels and bed-linen. With this acquisition, Clariant in India gains additional pigment preparation capacity to meet the demands of a wide customer base.
Commenting on the acquisition, Deepak Parikh, vice-chairman and managing director, Clariant Chemicals (India) said, “Over the last couple of years we have made significant strides in building a value proposition for our stakeholders by sharpening our business focus and increasing our foot print in India. This was achieved through organic resource optimization and capitalizing on inorganic value opportunities.”
Sambit Roy, regional director – marketing and sales (pigments), Clariant in India said, “The pigment preparations business has been the mainstay of our India operations and we continuously adapt product offerings to suit evolving customer needs. This acquisition is a
strategic decision to expand distribution networks. We will upgrade technical services and provide state-of-the-art technology in order to generate high quality products to support our customers’ business growth.”
In April 2014, Clariant Chemicals India had completed the acquisition of Gujarat-based masterbatches manufacturer Plasti chemix Industries having production facilities at Rania, Kalol and Nandesari. Clariant in India has local pigment production activities at its plants at Roha in Maharashtra and Cuddalore in Tamil Nadu. In 2014, Clariant invested in the expansion of its Roha pigments plant, thus strengthening its commitment to India.
