Clariant, a world leader in specialty chemicals, today announced the intention to acquire Plastichemix Industries, a masterbatch business in India, located in Vadodara with production facilities in Rania, Kalol and Nandesari in Gujarat (India).
Plastichemix Industries is a leading supplier of black, white, filler and colour masterbatches, additive masterbatches, flushed pigments and mono-concentrates as well as engineering plastics compounds.
With this acquisition, Clariant Chemicals (India) Ltd gains a leading position in the masterbatches business in India, woth a strong and extensive product portaolio, customized products and solutions and an expanded customer base. An upgraded Technical Service Laboratory will be introduced to offer the market highly innovative and customized products.
Hans Bohnen, Head of Clariant’s Business Unit (BU) Masterbatches, declares: “We aspire to double our sales in the next five years”.