Nanayam Vikatan – 26 February 2023 – Sudarshan Chemical Industries Limited! | company review for Sudarshan Chemical Industries Ltd

by time news

The specialty of the company…

The company sells both pigments and soluble dyes to companies operating in various industries such as coatings, plastics, print and digital printing, and manufacturing of bath soaps.

The total global market size for color pigments in which the company operates is approximately $10 billion. The market size for the products produced by this company alone is almost 8 billion dollars.

Globally, the growth of this overall market is likely to be at a CAGR of 3%, according to market growth forecasts. Thus, there are more opportunities for this company to expand its business.

The company’s manufacturing centers are operating at Mahat and Roha in Maharashtra. The company has research centers in Germany and Pune in India. Today, the company provides its products to customers in 85 countries across the continents of Europe, Middle East, Africa, America and Asia.

Operating with four sales offices in India, the company employs more than a hundred researchers and technology experts as of the end of the last financial year.

The company’s business segments…

The products manufactured by this company can be divided into three major categories namely Organic Pigments, In-Organic Pigments and Effect Pigments. The Organic Pigments segment manufactures and sells chemicals used in textiles, plastics, inks and coatings such as Azo, HPP, Dispersions.

In-Organic Pigments segment manufactures chemicals from minerals such as chromes, cadmiums, iron oxides etc. for use in plastics and industrial coatings. The company manufactures and sells mica base pigments used in the manufacture of industrial roads and cosmetics in the effect pigment segment.

The company markets its products under the brands Sudabarm, Sudagalor, Sudadur, Sudadex, Sudatherm, Sumika, Sudha Fast, Sudha Jet, Sudafine, Sudasol, Sumikos, Sudanil.

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