Clariant’s sales up by 6.7%

Speciality BOPP films

Deepak Parikh, vice-chairman andmanaging director, Clariant Chemicals(India)
Deepak Parikh, vice-chairman and managing director, Clariant Chemicals (India)

Clariant Chemicals (India)’s net sales for the core continuing businesses grew by 6.7% for the nine months ended 30September 2015. During the three-month period ended 30September 2015, the sales in the company’s core business segments registered a marginal increase of 0.4%. The profit and loss before exceptional items for the three months ended September 2015 was at Rs. 5 crore as against Rs. 3 crore in the previous year.

Deepak Parikh, vice-chairman and managing director, Clariant Chemicals(India), said, “Clariant in India continues to demonstrate positive growth trends, despite our exports being softer owing to the slowdown in certain geographies. The company remains commit-ted to profitable product portfolio management, enhancing productivity,sharpening customer focus and intensifying its innovation drive. As part of ourfuture-proofing strategy, we are continuously investing in our assets. The new Masterbatches unit in Vashere near Bhiwandi in Mumbai is another significant step in this direction. We are committed to drive accelerated growth in India and expect the outlook for the next quarter to be positive.”

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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