S. No.

Company Name Products Type Revenue Address

1) Neo Gen Our Company manufactures organic including bromine-based compounds and Public - 161.16 Cr. Mar 2018 Neogen Chemical Limited
other specialty chemical compounds such as chlorine, fluorine and iodine-based - While our Company has a large number of 1002, Dev Corpora,
compounds and Grignard reagents. Our specialty organic chemical compounds customers, the majority of our revenue is CadburyJunction,
find application in user industries such as pharmaceutical, agrochemical, aroma derived from the sale of specialty chemicals Eastern Express Highway,
chemical and electronicchemical. In addition, we also manufacture inorganic to the pharmaceuticals industry. Thane (W) 400 601, India
chemicals comprising lithium salts. Lithium salts find application, primarily as
refrigeration agents, and are sold to refrigeration OEMs. Lithium salts also find
application in pharmaceutical, specialty polymer and construction chemicals
industries.

2) Vinati Organics Limited - The company is a specialty chemical company, focusing on manufacturing Public - 743 Cr. FY 2018 1102- G-Block, Parinee Crescezo, Opposite
specialty chemicals and organic intermediaries. The company’s products cater to - 641 Cr. FY2017 MCA,, Bandra Kurla, Bandra East, Mumbai,
industries such as water treatment, emulsions and paints, construction, Maharashtra 400051
pharmaceutical, agrochemical, mining, paper, leather, oil drilling and personal
care. The company is undertaking capital expenditure of around ₹ 3,000 million
towards Butyl Phenols Project (Isobutylene Based Downstream Products).
- Key segments Organic and inorganic compounds; Isobutyl Benzene (IBB) and 2-
Acrylamido 2 Methylpropane Sulfonic Acid (ATBS)
- 2-Acrylamido 2 Methylpropane Sulfonic Acid (ATBS) Largest manufacturer in the
world and the only manufacturer in the country
- Para Amino Phenol: A potential game changer: While there are conventional
methods available to manufacture PAP, Vinati Organics has adopted to
manufacture PAP using a single step process (catalytic hydrogenation of
Nitrobenzene). The process proposed by VO is a greener and cost efficient giving
it an edge over Chinese competitors

3) VCM POLYURETHANES PVT. - Polyurethane product manufacturer, exporter and supplier based in India using Private - N.A. W-134/W-135, MIDC, Phase II,
LTD. sophisticated manufacturing technology and high grade components. The Dombivali Industrial Area,
complete array of Polyurethane products we provide are in massive demand by Dombivali (E), Distt: Thane – 421 204
textile, wood, rubber ,pharmaceutical, chemical, engineering and automotive, oil, (Mumbai)
gas and power generating industries. Moreover, we offer these products at State: Maharashtra,
reasonable prices and in minimum shipment time.
- India is expected to see the volume CAGR of 13.3% over 2018-22e for
Polyurethane. BASF is another manufacturer

4) SRF Ltd - SRF Limited is a chemical based multi-business entity engaged in the Public - Total Revenue - 4,603.87 Cr. Fy 2018 Block C, Sector 45, Gurgaon-122003,
manufacturing of industrial and specialty intermediates. - Fluorochemicals, Refrigerant Gases & Allied Haryana, India.
- The Company classifies its main businesses as Technical Textiles Business (TTB), Products 764.95 Cr.
Chemicals & Polymers Business (CPB) and Packaging Films Business (PFB). - Fluorospecialities Chemicals 571.73 Cr. +91-124-4354400
- The Chemicals and Polymers Business comprises three different product lines - Chlorinated Solvents 132.30
namely Fluorochemicals, Specialty Chemicals and Engineering Plastics. info@srf.com
- Specialty Chemicals: The Specialty Chemicals Business collaborates with major
global innovators in process development, commercialization, and production of
complex new-age molecules having application in agrochemical and
pharmaceutical segments. Over the years, the Business has developed expertise
in process development in fluorinated and non-fluorinated chemistries.

5) PAUSHAK LIMITED - PAUSHAK is engaged in the manufacturing of phosgene based specialty Public - TTM - 139.50 Cr. Paushak Limited
intermediates and is India’s largest phosgene based specialty chemicals - FY 2018 1.5 Cr. Growth 44% Alembic Road
manufacturer while addressing the needs of pharmaceutical, agrochemical and Vadodara – 390 003
performance industries. Global Phosgene Market is substantially large with very Gujarat, India
limited participation from India due to the regulatory constraints where major
end use has been performance applications and have been dominated by
Chinese andEuropean manufacturers.

6) Privi Organics Ltd (100% - Fairchem Speciality Limited (FSL), a Fairfax company, is an exclusive formation Public - 1,346 Cr. 253/P & 312, Chekhala,
subsidiary of Fairchem of specialty chemicals company from the merger of Adi Finechem Ltd (Fairchem - Pinene-based products constitute about Sanand-Kadi Highway, Taluka : Sanand,
Speciality Ltd) (manufacturer of oleochemicals and nutraceuticals) and Privi Organics India Ltd Speciality) 50% of Privi’s revenue. Dist. Ahmedabad 382 115. Gujarat, INDIA.
(manufacturer of Aroma chemicals). The combined entity caters to various
industries ranging from printing inks, paints, adhesives & paper coatings, flavors
& fragrance, pharmaceuticals, and FMCG.
- Privi Organics India Ltd is the largest aroma chemical manufacturer in India with
a production capacity of 22000 MTPA spread across four manufacturing facilities
in Maharashtra and Gujarat. The company has a strong clientele base including
the likes of Givaudan, Firmenich, IFF, Symrise and so on with exports accounting
for ~68% of its revenues
- Privi derives 80% of its revenues from the top ten Flavor & Fragrance
companies including the likes of Givaudan, Firmenich, IFF, Symrise and so on that
control 80% of the total global F&F market while Adi’s clientele include players
like BASF, Archer Daniels Midland, Cargill, Advanced Organic Materials, IFFCO
Chemicals, Asian Paints and so on.

7) Chemtex Speciality Limited - Chemtex Speciality Limited is a public limited organization and manufactures of Private N.A. 111, Haute Street Corporate Park, 86A,
Speciality Chemicals. Since 1970. The brand enjoys a considerable market share Topsia Road South
in global speciality chemicals industry. Gobra, Kolkata - 700046, West Bengal, India
- Products - Water Treatment Chemicals, Cleaners & Disinfectants, Heat Transfer
Fluid, Performance Chemicals
8) Aarti Industries Ltd -Aarti Industries Limited is a manufacturer of Benzene/Toulene Public -Total Revenue - 3,699.31 Cr. Udyog Kshetra, 2nd Floor, Mulund Goregaon
based specialty chemicals and pharmaceutical APIs. Its Speciality - Speciality Chemicals segment Revenue - Link Road, Mulund (West), Mumbai-400080,
Chemicals segment mainly serves agrochemicals and 2,878.74 Cr. in FY 2017-18 Maharashtra, India
intermediates; dyes, pigments and pharma intermediates etc.
- Its subsidiaries include Aarti Healthcare Ltd , Aarti Corporate Services Ltd, and
Alchemie Europe Ltd
9) Kumar Organic Products Ltd - Kumar Organic Products Ltd. is an Indian synthetic active ingredients company Private - FY 2014 $31.8mm (221 Cr. At 21st May 819/C, 13th Cross, 7th Block, Near JSS College
headquartered in Bengaluru. It also produces ingredients for food and paint Exchange Rate) Circle, Jayanagar,Bangalore, Karnataka, India.
industry. Almost 65% of its revenue come from exports which are primarily to - EBITDA Margin Fy14 20%
the US and Europe. In India it supplies to multiple FMCG companies (both Indian
and MNCs) operating in the personal care products segment. To capture the high
margin exports market Kumar Organic focuses its R&D efforts on new product
development to meet even niche demands.
- Has long term relationships with several major FMCG companies in India and
abroad such as Unilever and P&G

10) VIVIMED LABS LIMITED - Vivimed Labs Limited is an India-based global supplier of specialty chemicals Public - FY 2018 Sales 1,186 Cr. Vivimed Labs Ltd. North End, Road No.2,
and pharmaceuticals. Headquartered in Hyderabad, India, Vivimed is a - 100 Cr. From Speciality Chemicals Banjara Hills, Hyderabad, Telangana
manufacturer of active pharmaceutical ingredients, active ingredients for home
and personal care, hair dyes, imaging chemicals and photochromic.
11) Himadri Speciality
Chemical Limited
HSCL is amongst the few completely integrated speciality carbon companies Public - 2021 Cr. FY 2018 Fortuna Tower, 23-A, Netaji Subhas Road 8th
leveraging on its deep knowledge of one of the most versatile substances - - Floor, Suite No: 15, Kolkata- 700 001
Carbon. Over the years, with its core products and value-added by-products, the
Company has established itself as one of the world's most extensive value chains
in the Carbon segment.
- Established leadership Coal Tar Pitch, Carbon Black, Naphthalene,
Sulphonated Naphthalene Formaldehyde (SNF). Emerging leadership Advance
Carbon Material, Speciality Carbon Black
- Himadri is the only Indian player manufacturing Advance Carbon Material and
one of the very few global corporations to make anode material using Coal Tar
- Coal tar pitch - In coal tar pitch (main product) Himadri enjoys a market share
of 70% in India. Himadri’s clientele incorporates all metal giants like Vedanta,
Hindalco, Balco, Nalco, HEG and Graphite India
- Application of Lithium-ion batteries (%) CAGR 2017/2025 +19 % per year in
volume (As one of the only three producers of anode material
through the coal tar route, Himadri is expected to benefit from the exponentially
rising demand.
- Himadri is India’s largest producer of SNF, with a market share of 50%, and is
the only backward-integrated producer in India

12) Navdeep Chemicals Pvt - manufacture of Fine and Speciality Chemicals like Sulfonic Acids, Textile Private N.A. 5th Floor, New Excelsior Building, A.K Nayak
Limited Finishing Chemicals, Corrosion Inhibitors, Oilfield Chemicals, Fatty Acid Marg, Fort, Mumbai 400 001, India.
Derivatives, Biocides , Amphoteric Surfactants, and other Speciality chemicals.

13) Krishna Antioxidants Pvt. Ltd - Company deliveres high performance chemicals under the brand name of Private N.A. 107/108, Raheja Plaza,
(KAPL) - brand name of CRISTOL™ to diversified markets including oil – upstream and downstream, Shah Industrial Estate,
CRISTOL lubricants, polymers, water treatment, paints, pharmaceuticals, personal care Near.Yashraj Studios,
and agrochemicals. Veera Desai Road,
'- Specialties Drilling Chemicals, Production / Oilfield Chemicals, Refinery Andheri(West), Mumbai - 400 058
Chemicals, Lubricant Additives, Petrochemical Additives, Ink and Coating
Additives, Polyurethane Additives, Antioxidants, and Surfactants

14) Sebacic India Limited - The main product of the Company is Sebacic Acid with other by products like 2- Private - 400 Cr. Estimate Source: Owler 301, World Trade Centre, Pawan Park
Octanol, Mixed Fatty Acid, Glycerin, Sodium Sulphate , Ricinoleic Acid etc. All Society, Sarod, Sayajiganj, Vadodara, Gujarat
these products have wide range of applications in the sectors like Lubricants, 390005
Plastic, Textile, Paper, Perfumeries and Food etc.
- The project has been established with an outlay of above Rs. 93 Crores and has
an installed capacity of manufacturing 10000 MTPA of Sebacic Acid. This is a
largest capacity Plant and It is established by a group who were first company to
produce Sebacic Acid in India.

15) Asiaticpharma chem - The company is the largest producer of Mercapto Benzimidazole and its Private N.A. 37, GIDC, Ta. Jhagadia
Derivaties in India. Dist Bharuch, Gujarat – 393110
- The company manufactures Pharma Intermediates, Fine Chemicals and
Specialty Chemicals.
- The company manufactures products which are used for the manufacture of
Proton Pump Inhibitors (PPI’S) like Omeprazole, Pantoprazole, Rabeprazole and
other products in the same classificaatioof drugs.

16) Gwalior Chemical Industries - One of the largest Indian producers of Chlorotoluene range of products. Within Private N.A. K. K. Chambers, 4th floor, Sir P. T. Road, Off
Ltd. this range, they produce and sell Benzyl Chloride, Benzaldeyhde, D. N. Road, Fort, Mumbai -400 001. INDIA
Benzotrichloride, Benzyl Alcohol and its other derivatives. Also one of the leading
global producers of Sulphur Chloride range of products. Within this range, they
produce and sell Thionyl Chloride and Sulphuryl Chloride. Also manufactures and
sells special Viscose Dye Pigments catering to the textile sector.
- Currently we operate seven large chemical plants spanning over two chemical
facilities located at Nagda (Madhya Pradesh) and Ankleshwar (Gujarat) in India.

17) Atul Ltd - Atul is in the business of Life Science Chemicals and Performance and other Public - 3,107 Cr. FY 2018 Head office
Chemicals and caters to the needs of varied industries such as Adhesives, Atul 396 020, Gujarat, India
Agriculture, Animal Feed, Automobile, Composite, Construction, Cosmetic,
Defence, Dyestuff, Electrical and Electronics, Flavour, Food, Footwear, Fragrance, Registered office
Glass, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Atul House, G I Patel Marg, Ahmedabad
Care, Pharmaceutical, Plastic, Rubber, Soap and Detergent, Sport and Leisure,
Textile, Tyre and Wund Energy across the world.
- Caustic soda lye 32% and 48% - A chemical used to manufacture dye
intermediates, agrochemical intermediates, water treatment chemicals and
specialty chemicals.
- Oleum 65% and 25% A chemical used particularly to manufacture specialty
chemicals. The product also finds an application in the Dyestuff industry.

18) Sudarshan - Pigment business of the Company mainly comprises of manufacturing of Azos, Public - 1,324 Cr. FY 2018 162, Wellesley Road, Pune 411001
Blue and Green, High Performance Pigments, Effects, Pigment Preparations and
Inorganics. Pigments serve three main functions: impart color to the medium,
hide the substrate, efface the existing color, and enhance the strength of the
paint film.

- The Company is a leading provider of organic pigments, pigment preparations

used in coatings, paints, printing, plastics and other specialty applications. The
Company’s pigments make a difference to a whole host of products that touch
everyday life. Company’s pigments provide vibrant and safe colors to the world.
The product portfolio meets the demands for key market segments that include
automotive, industrial, decorative and architectural paints and coatings and
plastic applications .

19) Meghmani Organics Ltd. Meghmani Organics Limited (MOL) operates in three major segments: pigments Public - 1,803 Cr. FY 2018 “MEGHMANI HOUSE”
(8% global market share in Pthalocyanine), agrochemicals and basic chemicals Street : Behind Safal Profitare, Corporate
(4th largest caustic chlorine player in India). MOL has vertically integrated Road,
facilities manufacturing CPC blue (upstream product, also sold to other Area : Prahlad Nagar,
manufacturers) and final products (pigment blue and green). It has a strong City : Ahmedabad - 380 015.
presence in exports with c.69%/61% of pigments/agrochemicals (227 exports State : Gujarat
registrations in FY17 vs. 183 in FY16 in agrochemicals) revenue in FY17 coming
from exports to c.75 countries.
20) Ion Exchange Ion Exchange (India) Ltd. (IEIL) is a leading player in water, waste water Public - 986 Cr. FY 2018 Ion House, Dr. E. Moses Road,
treatment and environmental solutions catering to diverse segments such as Mahalaxmi, Mumbai-400 011, India
infrastructure, industry, institutions, municipal, homes and communities. IEIL also
manufactures ion exchange resins and specialty chemicals for water and waste
water treatment as well as non-water applications. Its business can be
segregated in to three verticals: engineering (60% of revenue), chemicals (30%)
and consumer products (10%). IEIL’s long-standing and evolving technology and
application knowledge as well as strong focus on R&D has helped it generate 50
patents and more than 100 commercialised products. IEIL is highly focussed on
increasing its presence domestically and globally with key projects in Sri Lanka
and growth in the resins market in North America.
- IEIL’s chemicals division has posted c.16% CAGR over FY10-FY17. The organised
sector caters to c.80% of the water treatment chemicals market and thus gross
margins (c.30%-35%) are fairly attractive compared with the other two segments.
IEIL offers a complete range of water treatment chemicals, specialty chemicals
and customised chemical treatment programmes as a part of its treatment
solutions. The capex in its chemicals business was c.USD 2.34bn Cr in FY17 and
management has guided for similar capex in FY18. Management is confident it
can maintain its revenue growth momentum on the back of continued capex and
USFDA approval for its resins plant at Ankleshwar.

21) Archroma India Private Archroma is a global, diversified provider of dyes and specialty chemicals serving Private N.A. 9th Floor, D Building, MBC Park, Near
Limited the branded and performance textiles, packaging and paper, and coatings, Hypercity Mall, Ghodbunder Rd, Anand
adhesives and sealants markets. Nagar, Thane West, Thane, Maharashtra
Archroma India Pvt. Ltd. operates as a subsidiary of Archroma Management LLC. 400615

22) Clariant Chemicals India Ltd Clariant Chemicals (India) Ltd (CCL) is a part of the Swiss-based Clariant Group, Public - 1,013 Cr. FY 2018 Plot No.WB-7, Renaissance Industrial Park,
which is globally one of the largest specialty chemicals companies (second largest Village Vashere, Post Padgha, Taluka
pigments company) with sales of USD 6bn in CY16. CCL primarily operates in two Bhiwandi, Thane, Maharashtra 421101
segments: (i) Plastics and coatings (93% of revenues) which include pigments,
additives and masterbatches and (ii) specialty chemicals (7%) which include dyes,
synthetic resins and coatings.

23) Chembond Chemicals Chembond Chemicals Limited is a 40 year old known name in India, Public - 327 Cr. FY 2018 Chembond Centre, EL-71 Mahape MIDC, Navi
Limited manufacturing a diverse range of specialty chemicals like water treatment, Mumbai 400 710, India.
polymers, construction chemicals, high performance coatings, animal health and
industrial biotech products. The company has excellent infrastructure facilities
like a well equipped R & D laboratory, multiple regional offices, and production
plants, well trained personnel and references across several business segments
from the best known companies in the field. Our presence through the various
product lines allows us to serve industries across most segments of
manufacturing in India.

24) Sunshield Chemicals Sunshield Chemicals Limited (SCL) is related to Solvay’s Novecare business. SCL Public - 183 Cr. FY 2018 Phoenix House, A Wing, 4th floor,
was acquired in the year 2012-13. Sunshield Chemicals Limited is engaged in 462, Senpati Bapat Marg, Lower Parel (West),
manufacture and sell of specialty chemicals in domestic and international Mumbai - 400 013
markets. The Company's principal products include Sun Theic, Alkoxylates,
Antioxidant and Miscelleanous. Its geographical segments include India and
Others. It manufactures a range of specially formulated and customized products
for various industrial applications. Its main products belong to specialty
surfactant applications, which are primarily ethylene oxide (EO) based products;
specialty anti-oxidants for lubricants, polymers, rubber, tire and latex and other
industries involving aminic and phenolic technologies, and other non-EO
technologies and customized blends for various applications. Its specialty
chemicals are used across a range of industries, such as wire insulation enamel,
polyvinyl chloride stabilizers, inks, colors, coatings, textiles, agro chemicals,
polymers, plastics, rubber, latex, tire and tubes, conveyor belts, lubricants,
additives and home care.

The manufacturing site, located in Rasal (Maharashtra) is located 100 km south-

east of Mumbai of Mumbai and employs about 94 people.

25) Ultramarine & Pigments - Ultramarine & Pigments Ltd (U&PL) specialises in the manufacture of inorganic Public - 277 Cr. FY 2018 AMBATTUR UNIT
pigments, organic surfactants and dry mix detergents. It operates under 3 major 556, Vanagaram Road,
verticals: (i) surfactants (62% of revenues), produced in various concentrations Ambattur,
and forms, including alpha olefin sulphonates and lauryl and lauryl ether Chennai - 600 053,
sulphates; (ii) pigments (30% of revenues), with U&PL being one of the world’s
largest manufacturers of ultramarine blue; and (iii) IT-enabled services (ITES) RANIPET UNIT
(12% of revenues), which includes its digital publishing and BPO businesses. No.25B, SIPCOT Industrial Complex,
- Specialising in sulphonation Ranipet - 632403,
- Ultramarine & pigments displayed high revenue CAGR of 14% and average Vellore District,
EBITDA margin of 18% over FY11-FY16. India

26) Asahi Songwon Asahi Songwon (Asahi) is a key player in the pigments industry and one of the Public - 292 Cr. FY 2018 13, Aaryans Corporate Park,
largest producers of CPC Blue crude (60% of revenues) and its derivatives in India Near Shilaj Railway Crossing,
with a combined capacity of 11,400TPA. Over the years, Asahi has increased Thaltej - Shilaj road, Thaltej,
focussed on the development of high-performance pigments through forward Ahmedabad - 380059.
integration and enhancing productivity to become more competitive and earn
higher margins.
- . The Company has capex plans to add other pigments and specialty products as
a green field Project at Sayakha and, Dahej, Dist: Bharuch, Gujarat. The Company
already spend H3,500 lakhs for acquisition of land for this projects.

27) HPL Additives Limited HPL Additives Limited (formerly known as High Polymer Labs Limited), is global Private - 372.31 Cr. In 2017 HPL Additives Limited
player and manufactures Polymer Additives and Specialty Chemicals. HPLA has a 5th floor, Block A
market share of over 75% domestically but is also exports to more than 49 Vatika Mindscapes
countries across the world. Its exports to Europe and USA accounts for about 50% 12/3, Main Mathura Road,
of its turnover. NH 2, Sector 27D, Faridabad, Haryana 121013
- Manufactures POLYMER ADDITIVES
Modifiers: MIKROFINE ® Chemical Blowing Agents, POLYAZO ® Polymerization
Catalysts, HICHEM ® Chain Extender & Cross Linking Agent
Property Extenders: KINOX ® Antioxidants, HICLEAR ® Clarifying Agents, Oxo-
Biodegradable-Additives: HIGREN ™ Oxo-Biodegradable-Additives
SPECIALTY CHEMICALS: Halocom