Himadri Speciality Chemical Ltd

Himadri Speciality Chemical Ltd Overview

Company Headquarters: West Bengal, India

Founded: 1990

Workforce: ~908

Company Working: Himadri Speciality Chemical Ltd is India's leading specialty chemical conglomerate and one of the world's most established brand records in the specialty chemicals business. The company primarily offers specialty chemicals formulated for various applications and serves key industries such as aluminum, steel, plastics, automotive, and infrastructure. It has two reportable segments: carbon materials & chemicals and power. Carbon materials & chemicals hold the dominant share in terms of revenue. It has seven manufacturing units in India and one state-of-the-art manufacturing facility in China. Also, it has developed an in-house R&D center for technological innovation and research in Hooghly, West Bengal, recognized by the Government of India. It has a strong market presence in India and generated an 85.97% of its revenue from India.

Strategy

Himadri Speciality Chemical Ltd's strategy is focused on expanding its carbon black products in North America and Europe using the new capacity expansion project of the Kolkata plant. The key factor propelling company growth is its strong industry presence and established stakeholder relationship. Also, it is focusing on the key strategy to broader application industries and diversifying product offerings. It is also working towards its vision to become a specialty carbon products global leader by adopting appropriate eco-friendly technologies and enhancing core capabilities through continuous product improvement, technical innovations, and customer satisfaction.

Company Snapshot

$252.8M

Revenue

908

Employees

1990

Founded

West Bengal, India

Headquarters

SWOT Analysis

Strengths

High financial performance
Renowned brand image

Weaknesses

Limited geographical presence

Opportunities

Rise in lithium-ion battery production in India
Growing tyre and automobile market

Threats

Volatile price of the raw material

Key Developments

Date	Approach	Development
January 2020	Expansion	Himadri Speciality Chemical Ltd has expanded its manufacturing capacity of carbon black at Mahistikry plant, West Bengal. The company has added 60000 MTPA of carbon black, with the overall plant capacity increased to 1,80,000 MTPA of carbon black to meet growing demands.

Product Offering

Himadri Speciality Chemical Ltd
- Specialty Carbon Black

Financial Performance

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