Vikiutq at 16:28, 25 August 2025

2025-08-25T16:28:49Z

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{{Short description|Indian chemical company}}
{{Use dmy dates|date=June 2018}}
{{Use Indian English|date=June 2018}}
{{Infobox company
| name = Heubach Colorants India Limited
| type = [[Public company|Public]]
| traded_as = {{BSE|506390}}<br/>{{NSE|HEUBACHIND}}
| logo =
| foundation = 1956
| founder =
| location_city = [[Navi Mumbai]]
| location_country = India
| area_served =
| key_people =
| num_employees =
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| industry = [[Speciality chemicals]]
| subsid =
| parent = Heubach Group
| products = [[Pigments]], [[Textile]] [[Chemicals]] & [[Leather]] [[Chemicals]]<ref>{{cite web|url=http://economictimes.indiatimes.com/clariant-chemicals-(india)-ltd/infocompanyhistory/companyid-13874.cms |title=CLARICHEM History | Clariant Chemicals (India) Ltd Company History & Profile |publisher=Economic Times |date= |accessdate=2010-12-23}}</ref>
| former_names = {{ubl|Colour-Chem Ltd (1956–2006)|Clariant Chemicals India Ltd (2006–2022)}}
| homepage =
}}
'''Heubach Colorants India Ltd''', formerly known as '''Clariant Chemicals India Ltd''', is an Indian [[specialty chemicals]] manufacturing company, headquartered in [[Navi Mumbai]].<ref name="mct">{{cite news |title=Heubach Colorants India Ltd. |url=https://www.moneycontrol.com/company-facts/clariantchemicalsindia/history/cci08 |access-date=10 May 2024 |work=Moneycontrol}}</ref> It is engaged in the manufacture of specialty chemicals for domestic and industrial use. It manufactures and markets pigments, pigment preparations and dyes for textiles, leather, paints, plastic, printing, personal care and agrochemicals sectors in India and international markets.<ref name="bst">{{cite news |title=Heubach Colorants India Ltd. |url=https://www.business-standard.com/markets/heubach-colorants-india-ltd-share-price-119.html |access-date=10 May 2024 |work=Business Standard}}</ref>

==History==
In 1956, the company was incorporated as Colour-Chem Ltd with technical and financial collaboration from [[Hoechst AG|Hoechst]] and [[Bayer AG|Bayer]]. It was founded by three Indian business groups: the Ruias, the Khataus, and Ghias.<ref>{{cite web|url=http://www.hdfcsec.com/Market/Information.aspx?CoCode=119&RptType=History |title=CLARIANT CHEMICALS (INDIA) LTD |publisher=HDFC Securities |archive-url=https://web.archive.org/web/20110711154534/http://www.hdfcsec.com/Market/Information.aspx?CoCode=119&RptType=History |archive-date=2011-07-11 |accessdate=2010-12-23}}</ref><ref name="mct"/>

In 1997, Hoechst's specialty chemicals division merged with [[Clariant]], as a result of which Hoechst's 50.1% [[controlling stake]] in Colour-Chem Ltd was transferred to Clariant.<ref name="bst"/><ref>{{cite news |title=Clariant India, Colour-Chem Call Off Merger |url=https://www.business-standard.com/article/specials/clariant-india-colour-chem-call-off-merger-197071001092_1.html |access-date=10 May 2024 |work=Business Standard}}</ref> Clariant increased its stake in the company to 70.1% following an [[Tender offer|open offer]] in 2003.<ref>{{cite news |title=Clariant arm makes open offer for Colour Chem |url=https://www.rediff.com/money/2003/apr/07colour.htm |access-date=10 May 2024 |work=Rediff |language=en}}</ref> In 2005, Clariant announced the merger of four group companies into Colour-Chem Ltd, and Colour-Chem Ltd was renamed as Clariant Chemicals India Ltd in 2006.<ref>{{cite news |title=Clariant to merge all grp companies |url=https://economictimes.indiatimes.com/clariant-to-merge-all-grp-companies/articleshow/1330238.cms |access-date=10 May 2024 |work=The Economic Times |date=13 December 2005}}</ref><ref>{{cite news |title=Clariant sets swap ratio for quartet |url=https://www.telegraphindia.com/business/clariant-sets-swap-ratio-for-quartet/cid/852536 |access-date=10 May 2024 |work=The Telegraph India}}</ref><ref name="mct"/>

In 2022, Clariant Chemicals India Ltd was renamed to Heubach Colorants India Ltd, after Clariant sold its pigments business to Heubach Group and SK Capital Partners.<ref>{{cite news |title=Clariant Chemicals India to change name to Heubach Colorants India |url=https://www.indiainfoline.com/news/markets/clariant-chemicals-india-to-change-name-to-heubach-colorants-india |access-date=10 May 2024 |work=India Infoline |language=en}}</ref><ref>{{cite news |title=Clariant Sells Pigments Unit to Heubach, SK Capital Partners |url=https://www.bloomberg.com/news/articles/2021-06-14/clariant-sells-pigments-unit-to-heubach-sk-capital-partners |access-date=10 May 2024 |work=Bloomberg}}</ref>

In October 2024, Sudarshan Chemical Industries announced the acquisition of Heubach Group for €127.5 million in an asset and share transaction, months after the latter filed for insolvency.<ref>{{cite news |last1=Mascarenhas |first1=Rajesh |title=Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group |url=https://economictimes.indiatimes.com/markets/stocks/news/sudarshan-chemical-industries-acquires-germany-based-worlds-second-biggest-pigment-company-heubach-group/articleshow/114150091.cms |access-date=1 April 2025 |work=The Economic Times |date=11 October 2024}}</ref> The acquisition was completed in March 2025.<ref>{{cite news |title=Sudarshan Chemical Completes Acquisition Of Heubach Group |url=https://www.businessworld.in/article/sudarshan-chemical-completes-acquisition-of-heubach-group-549720 |access-date=1 April 2025 |work=Businessworld |language=en}}</ref>

==References==
{{reflist}}

[[Category:Companies based in Maharashtra]]
[[Category:Chemical companies of India]]
[[Category:Chemical companies established in 1956]]
[[Category:Indian companies established in 1956]]
[[Category:1956 establishments in Bombay State]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Indian subsidiaries of foreign companies]]
[[Category:2025 mergers and acquisitions]]

Heubach Colorants India - Revision history

Vikiutq at 16:28, 25 August 2025