Himadri Speciality Chemical targets 18% market share in carbon black by FY26

  • Industry News
  • Sep 26,24
The company is investing approximately Rs 2.2 billion in this expansion, which will more than double the capacity of its specialty carbon black line to 130,000 MTPA.
Himadri Speciality Chemical targets 18% market share in carbon black by FY26

Himadri Speciality Chemical, India's leading specialty carbon black manufacturer, aims to boost its market share from the current 13% to approximately 18% by the end of FY26. 

The Kolkata-based company plans to expand its carbon black production capacity to around 250,000 metric tonnes per annum (MTPA) by the end of the next fiscal year through a brownfield expansion of a new specialty carbon black line at its facility in West Bengal. Currently, its production capacity stands at about 180,000 MTPA.

Anurag Choudhary, CMD & CEO, Himadri Speciality Chemical, stated, "We anticipate increasing our market share to around 18% following the de-bottling of capacity at our Bengal unit."

The company is investing approximately Rs 2.2 billion in this expansion, which will more than double the capacity of its specialty carbon black line to 130,000 MTPA. With this development, Himadri is poised to become the fourth largest producer of specialty carbon black globally.

This capacity enhancement is expected to significantly impact the company's profitability, driven by the high yield of specialty carbon black. The new products will have superior performance characteristics and will be utilised in various applications, including fibres, semiconductor cables, engineering plastics, inks, and other specialised uses.

The rising production in India's automotive sector is expected to create increased demand for tires and related materials, including carbon black. Consequently, the company foresees robust demand for carbon black within the country’s tire industry in the coming years.

(BusinessLine)

Related Stories

Policy Regulation
Six industries drive over half of India’s formal manufacturing GVA: NSO

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.

Read more
Process Equipment
 Jasmino Corporation acquires German firms, HAW Lining and GBT Buecolit

Jasmino Corporation acquires German firms, HAW Lining and GBT Buecolit

HAW Lining, a pioneer in rubber linings, has been instrumental in industrial corrosion protection for over 125 years, offering critical solutions to global industrial powerhouses.

Read more
Process Equipment
Honeywell and SGP BioEnergy to develop plant-based biochemicals

Honeywell and SGP BioEnergy to develop plant-based biochemicals

To ensure safe and efficient unit operations, Honeywell will provide ongoing operational support and workforce training for the team at SGP BioEnergy.

Read more

Related Products

Programmable Controllers - Pcd-33a Series

CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS

Pro-Med Instruments (P) Ltd offers a wide range of programmable controllers - PCD-33A Series.


Read more

Request a Quote

Gasket Graphite Powder

CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS

Arihant Packing & Gasket Company offers a wide range of gasket graphite powder. 


Read more

Request a Quote

Asahi Kasei expands 3D printing filament sales in North America

CHEMICAL PROCESS, FOOD/PHARMA EQUIPMENT & ANALYTICAL INSTRUMENTS

Asahi Kasei, a leading resin and compounding technology provider, has initiated the sales of 3D printing (3DP) filaments in North America through Asahi Kasei Plastics North America (APNA). The soft la Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back