Gianfranco Savino’s Post

Sudarshan Chemical Seals a deal to Acquire Heubach Group’s Pigment Business !!! Sudarshan Chemical Industries Ltd (SCIL) has signed an agreement to acquire the pigment business of Germany's Heubach Group. This strategic acquisition, executed through SCIL’s subsidiary Sudarshan Europe BV, aims to bolster its global presence, particularly in the European and American markets, while enhancing its portfolio across 19 sites worldwide. Heubach, a prominent player in organic and inorganic pigments and dispersions globally will help Sudarshan Chemicals to leverage Heubach’s technological capabilities and establish itself as a leading global pigment manufacturer. What do you think, how can Sudarshan Chemical leverage supply chain synergies across 19 global sites given Heubach's specialized pigment technologies and diverse geographic footprint?

🚨 Breaking News in the Pigment Industry 🚨 Sudarshan Chemical Industries has just announced its acquisition of Heubach Group, marking a game-changing moment for India's pigment sector! 🌈 This strategic move will enhance Sudarshan's position in the global market and bring new innovations to the forefront of the color and chemicals industry. 🚀 This acquisition signals a huge leap for India in becoming a powerhouse in the global pigments and coatings industry. With this merger, Sudarshan is set to expand its product portfolio and strengthen its global presence. 🌍 https://lnkd.in/dnCTabST #SudarshanChemical #HeubachGroup #PigmentIndustry #ChemicalInnovation #IndiaBusiness #AcquisitionNews #GlobalBusiness #ColorInnovation #IndianManufacturing #ChemicalSector #Sustainability #BusinessGrowth

A very important development in #GlobalPigmentIndustry..... The European arm of India-based #SudarshanChemical has #acquired the pigment business of #HeubachGroup for Euro 127.5 Million. Consolidation in this market was in platter when we were studying this market in early 2024. Players have been facing a lot of challenges in achieving demand and profitability due to weak market conditions with many markets declining in double digits, rising raw material costs, and frequent supply-chain disruptions leading to high inventory management challenges. This acquisition will strengthen Sudarshan Chemical's product portfolio and attain strategic synergies in the European market which has seen roller coaster rides in the last 2 years.

PPG to Sell #Silicas Products Business to Qemetica US paints and coatingsmaker PPG has agreed to sell its silicas products business for abou $310 million to Warsaw, Poland-based Qemetica, a manufacturer of soda ash, silicates and other specialty #chemicals. The #transaction is expected to close in the fourth quarter of 2024, subject to customary closing conditions. The deal is the result of PPG’s evaluation of strategic alternatives for the business, which was first announced in January 2024. PPG’s silicas products business, which has about 400 employees, manufactures precipitated silica products as performance-enhancing additives. In 2023, the silica products business represented between 1-2% of PPG’s total net sales, the company said. The transaction includes PPG’s precipitated silicas manufacturing facilities in Lake Charles, Louisiana, US and Delfzijl, The Netherlands. In addition, Qemetica will lease silicas manufacturing and research and development operations at PPG’s US sites in Barberton, Ohio, and Monroeville, Pennsylvania, respectively. Read more on #CMI online: https://lnkd.in/epmKkRwn

Seems Good Acquisition by Indian Player Sudarshan! Strong headwinds faced by EU Specialty Chemical player like Carbon Tax, Higher Regulation compliances, such Acquisitions may be good option for Indian Industry to build a Global Footprint! #IndiaRocks https://lnkd.in/dXkvt55X

Cast Elastomer Market Size to Hit US$ 1.8 billion in 2028 📚𝐆𝐞𝐭 𝐏𝐃𝐅 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬👉https://lnkd.in/gFfNXrWt The global cast elastomer market was valued at USD 1.4 billion in 2023 and is projected to reach USD 1.8 billion in 2028, growing at 5.0% cagr from 2023 to 2028. 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:👇 🔹 BASF 🔹 Dow 🔹 Huntsman Corporation 🔹 Covestro 🔹 LANXESS 🔹 Era Polymers Pty Ltd 🔹 Mitsui Chemicals Group 🔹 Notedome 🔹 Tosoh Corporation 🔹 Wanhua Chemical Group OTHER PLAYERS 🔹 Alchimica 🔹 Carlisle Polyurethane Systems 🔹 Chemline Inc. 🔹 COIM Group 🔹 Herikon B.V. 🔹 Yashvi Gandhi 🔹 LUC Group 🔹 Polycoat Products 🔹 RECKLI GmbH 🔹 Sapici 🔹 SIKA ADVANCED RESINS 🔹 Synthesia Technology Group 🔹 TAIWAN PU CORP 🔹 TSE Industries 🔹 VCM POLYURETHANES P. Limited., And Others...

𝗦𝘂𝗱𝗮𝗿𝘀𝗵𝗮𝗻 𝗖𝗵𝗲𝗺𝗶𝗰𝗮𝗹 𝗘𝗻𝘁𝗲𝗿𝘀 𝗶𝗻𝘁𝗼 𝗗𝗲𝗳𝗶𝗻𝗶𝘁𝗶𝘃𝗲 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁 𝘁𝗼 𝗔𝗰𝗾𝘂𝗶𝗿𝗲 𝗛𝗲𝘂𝗯𝗮𝗰𝗵 𝗚𝗿𝗼𝘂𝗽 The Heubach Group has a 200-year history and became the second largest pigment player in the world after its integration with Clariant in 2022. Heubach had over a billion euros in revenue in FY21 and FY22, with a global footprint especially in Europe, Americas, and the APAC region. “We are delighted with this transaction that brings together two businesses that will cater to major global markets. We will carefully integrate these two companies to create a truly global pigments company, with Frankfurt remaining a strategically important location. SCIL is known for its agility and efficiency, and we will embed this culture throughout the combined company to make it one of the most customer-centric and profitable pigment companies.” - Rajesh Rathi Director, Sudarshan Chemical Industries Ltd. Read more: https://lnkd.in/dzNqnQBz Madhuri Sanas Amita Trivedi Bapari Anam Siddiqui Alok Panthri Manish Kulkarni Monica Dsouza Ninad Dangre Raymond Pinto Roopal Mishra Saikumar Shanmugam Sanjay Bhan Zinnia Banerjee #heubach #sudarshan #sudarshancehimcal #specialtychemicals #pigmnets #paints #manifacturing #acquisition

Global #Inorganic #Pigments #Market was valued at USD 24 billion in 2022 and is slated to reach USD 51 billion by 2030 at a CAGR of 11.3% from 2023-2030. Read More Info:https://lnkd.in/dYeKiGQq Key Players: Venator Materials Plc, The Chemours Company, Tronox, LANXESS, KRONOS Worldwide, Inc., BASF, CATHAY INDUSTRIES (UK) LIMITED, Tata Pigments, DuPont, Huntsman Corporation, Hunan SANHUAN Pigment Co., ltd., and Applied Minerals #marketgrowth #marketforecast #marketdemands #marketshare #marketsize #marketanalysis

White Inorganic Pigments Market Size to Hit US$ 29.5 billion by 2026 📚𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲👉https://lnkd.in/dDnNRkax The global white inorganic pigments market was valued at USD 22.7 billion in 2021 and is projected to reach USD 29.5 billion by 2026, growing at 5.4% cagr from 2021 to 2026. Growth in the market can primarily be attributed to the growing involvement of white inorganic pigments in the paints & coatings, adhesives & sealants, plastics, cosmetics, paper, inks, among others. 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:👇 ✅ The Chemours Company ✅ Tronox Holdings (Australia) Pty Ltd ✅ Venator Materials Plc ✅ KRONOS Worldwide, Inc. ✅ Clariant ✅ Ferro Corporation ✅ BASF ✅ LB Group ✅ LANXESS ✅ Valhi Inc ✅ Cabot Corporation ✅ DCL Corporation ✅ DyStar ✅ INEOS Pigments USA ✅ Matapel Chemicals ✅ GASCO, National Gas & Industrialization Company (TASNEE) ✅ Sudarshan Chemicals ✅ Sun Chemical ✅ STS Group Chemicals ✅ LEARKA BOSNAK Czech Republic, And Others...

#Inorganic_Color_Pigments Market size of nearly USD 5.28 Billion by 2032 from USD 3.67 Billion in 2023 with a CAGR of 4.12% under the study period 2024-2032. https://lnkd.in/dQGbsCG3 The growing importance of high performing #colorants in various end-user industries to enhance #aesthetics is the main driver behind the #inorganic color pigments market's #growth. Increasing #demand for customized products in the #cosmetics industry will be a market booster. Huntsman Corporation Venator Materials Plc Applied Minerals LANXESS CATHAY INDUSTRIES (UK) LIMITED Hunan SANHUAN Pigment Co., ltd. KRONOS Worldwide, Inc. BASF