 "Clariant acquires black pigment preparations portfolio of Lanxess in India")
Swiss specialty chemicals company Clariant has acquired the black pigment preparations portfolio of Lanxess India located at Nagda, Madhya Pradesh. Lanxess’ black pigment preparations are used for processing of viscose fibre, which goes in the manufacture of mainly viscose-based apparels, knitwear, towels, bed-linen, etc. With this acquisition, Clariant in India gains additional pigment preparation capacity to cater to a larger, wider customer base.
Dr Deepak Parikh, vice chairman and managing director, Clariant Chemicals (India) Ltd, 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 footprint in India. This was achieved through organic resource optimisation and capitalising 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.”
Clariant in India has local pigment production activities at its Roha (Maharashtra) and Cuddalore (Tamil Nadu) sites. In the year 2014, Clariant invested in the expansion of its Roha pigments facility, thus strengthening its commitment to India.
The carbon black dispersion plant was established in 1993 by Gwalior Chemicals, which was acquired by LANXESS in 2009. Commenting on the development, Dr Jacques Perez, managing director and country representative, LANXESS India, said, “At LANXESS, we continuously evaluate our businesses as part of our global strategy which aims to constantly improve our operational and business portfolio competitiveness as well as optimise our production networks. This deal with Clariant, a step towards the same goal, is a win-win strategy for both the companies as we move forward.”
Dr Deepak Parikh, vice chairman and managing director, Clariant Chemicals (India) Ltd, 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 footprint in India. This was achieved through organic resource optimisation and capitalising 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.”
Clariant in India has local pigment production activities at its Roha (Maharashtra) and Cuddalore (Tamil Nadu) sites. In the year 2014, Clariant invested in the expansion of its Roha pigments facility, thus strengthening its commitment to India.
The carbon black dispersion plant was established in 1993 by Gwalior Chemicals, which was acquired by LANXESS in 2009. Commenting on the development, Dr Jacques Perez, managing director and country representative, LANXESS India, said, “At LANXESS, we continuously evaluate our businesses as part of our global strategy which aims to constantly improve our operational and business portfolio competitiveness as well as optimise our production networks. This deal with Clariant, a step towards the same goal, is a win-win strategy for both the companies as we move forward.”