Clariant India acquires Lanxess black pigment portfolio

Clariant announced its acquisition of the black pigment preparations portfolio of Lanxess, located in Nagda, Madhya Pradesh. This is the second strategic acquisition for Clariant in India over the past year.

 

Lanxess manufactures black pigment preparations used for processing of viscose fiber, 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 of Clariant Chemicals (India) Ltd, said  that the acquisition is a significant step  in building a value proposition and increasing Clariant's  footprint in India.  The pigment preparations business has been the mainstay of Clariant India's operations and the company continuously  adapts product offerings to suit evolving customer needs. Clariant will also upgrade technical services and provide state-of-the-art technology to support its customers in the region.  

 

Clariant in India has local pigment production activities at its Roha (Maharashtra) and Cuddalore (Tamil Nadu) sites. In 2014, Clariant invested in the expansion of its Roha pigments facility, thus strengthening its commitment to India.