Heubach Colorants India Ltd, formerly known as Clariant Chemicals India Ltd, is an Indian

specialty chemicals Specialty chemicals (also called specialties or effect chemicals) are particular chemical products that provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agr ...

manufacturing company, headquartered in

Navi Mumbai Navi Mumbai (; also known as New Bombay, its official name until 1995) is a large city next to Mumbai, located in the Konkan division of the western Indian state of Maharashtra, on the mainland of India. Navi Mumbai is situated in Thane distr ...

. 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.

History

In 1956, the company was incorporated as Colour-Chem Ltd with technical and financial collaboration from Hoechst and

Bayer Bayer AG (English: , commonly pronounced ; ) is a German multinational pharmaceutical and biotechnology company and is one of the largest pharmaceutical companies and biomedical companies in the world. Headquartered in Leverkusen, Bayer' ...

. It was founded by three Indian business groups: the Ruias, the Khataus, and Ghias. In 1997, Hoechst's specialty chemicals division merged with

Clariant Clariant AG is a Swiss multinational speciality chemical company, formed in 1995 as a spin-off from Novartis#Sandoz, Sandoz. Headquartered in Muttenz, Switzerland, the public company encompasses 68 subsidiaries in 36 countries (2023). Major manu ...

, as a result of which Hoechst's 50.1%

controlling stake A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majo ...

in Colour-Chem Ltd was transferred to Clariant. Clariant increased its stake in the company to 70.1% following an open offer in 2003. 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. 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. 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. The acquisition was completed in March 2025.

References

{{reflist Companies based in Maharashtra Chemical companies of India Chemical companies established in 1956 Indian companies established in 1956 1956 establishments in Bombay State Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange Indian subsidiaries of foreign companies