Page 132 - CW E-Magazine (22-10-2024)

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PIGMENTS

Sudarshan Chemical to acquire Heubach Group
Equipments
Equipments
Sudarshan Chemical Industries Ltd. quality execution skills and technical
(SCIL) has announced that it has competency.
entered into a defi nitive agreement with
the Germany-based Heubach Group, The Heubach Group has a 200-year
on its acquisition in a combination of history and became the second largest 4000 + +
4000
an asset and share deal. pigment player in the world after its
integration with Clariant in 2022.
This strategic acquisition will create Heubach had over a billion euros in
a global pigment company, combining revenue in FY21 and FY22, with a
SCIL’s operations and expertise with global footprint especially in Europe,
Heubach’s technological capabilities. Americas, and the APAC region. The
will enhance SCIL’s product portfolio, Group faced fi nancial challenges over
Post-acquisition, the combined giving it access to customers and a the past two years due to rising costs,
company will have a broad pigment diversifi ed asset footprint across 19 sites inventory issues, and high interest
portfolio of high-quality products and globally. The combined company will rates. SCIL’s acquisition of Heubach
a strong presence in major markets be led by Mr. Rajesh Rathi and a high will address these challenges with a
including Europe and the Americas. It performing management team with clear turnaround plan.

INTERNATIONAL FORAY
HPCL makes entry into US market with export of

premium lubricants
LIFTING BAG TYPE CENTRIFUGE
Hindustan Petroleum Corpora- and its commitment to expanding its MACHINE WITH LIFTER
tion Ltd. (HPCL) has achieved a signi lubricant business globally. The US
fi cant milestone with its fi rst-ever market, being the largest consumer of
export of HP lubricants to the US, lubricants worldwide, presents immense
marking its presence in the 30th opportunities for growth,” HPCL said
country globally. in a press statement.

In a major breakthrough, HPCL’s and damping solutions, for use in their To commemorate the achievement,
premium shock absorber oil, HP Shox solar panel dampers produced at their a flag-off ceremony was held at
Oil DC, has been selected by Duro- state-of-the-art facility in San Antonio, Mazgaon Terminal, where the first
shox, a leading manufacturer of vibra- Texas. “This development underscores shipment of the lubricant was dispatched
tion isolation, motion control, comfort, HPCL’s growing international presence to Nhava Sheva Port in Mumbai.

Privi bags certifi cate of registration for camphor

Privi Speciality Chemicals, a will enable the company expand into ables it to sell camphor to Indian
leading manufacturer, supplier and the business of pharmaceuticals in pharmaceutical companies. Privi +918169061250
exporter of aroma and fragrance USA. Speciality Chemicals is India’s leading
chemicals, has received ‘Certificate manufacturer, supplier and exporter
of API (Active Pharmaceuticals The company has already of aroma and fragrance chemicals
Ingredient) Product Listing’ and received license for manufacture, sale and a globally trusted partner and
‘Certifi cate of Registration’ for its and distribution of camphor from a preferred supplier of bulk aroma
camphor product from US FDA. This Maharashtra State FDA, which en- chemicals. ISO 9001:2015

132 Chemical Weekly October 22, 2024

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