Company type | Public |
---|---|
Industry | Chemicals |
Founded | 1959 |
Founder | Balvant Parekh |
Headquarters | , India |
Key people |
|
Products | Adhesives, Construction Chemicals |
Revenue | ₹12,337 crore (US$1.5 billion) (FY24) [1] |
₹2,707 crore (US$320 million) (FY24) [1] | |
₹1,747 crore (US$210 million) (FY24) [1] | |
Owner | Madhukar Parekh and family (70%) [2] |
Number of employees | 6,064 (2020) [3] |
Website | www |
Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai. [4] The company is the leading adhesives manufacturer in India. [5] Pidilite also manufactures products in verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals. [6]
Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, Dr. Fixit, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal, and Acron. It also markets and manufactures WD-40 in India. [7]
The company has manufacturing facilities across India including in Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (both in Himachal Pradesh).
The company was founded in 1959. [8] [9]
In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for ₹100 crore (US$15.59 million). [10]
In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for ₹96 crore (US$14.04 million). [11]
In 2020, Pidilite acquired Huntsman Corporation's Indian subsidiary for ₹2,100 crore (US$283.4 million) to strengthen their retail adhesives and sealants portfolio. [12]
In 2022, Pidilite Industries partnered with 100x.VC. [13]
The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, it converts raw materials into commodity chemicals for industrial and consumer products. It includes industries for petrochemicals such as polymers for plastics and synthetic fibers; inorganic chemicals such as acids and alkalis; agricultural chemicals such as fertilizers, pesticides and herbicides; and other categories such as industrial gases, speciality chemicals and pharmaceuticals.
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports.
Huntsman Corporation is an American multinational manufacturer and marketer of chemical products for consumers and industrial customers. Huntsman manufactures assorted polyurethanes, performance products, and adhesives for customers like BMW, GE, Chevron, Procter & Gamble, Unilever and Walkaroo. With global headquarters in The Woodlands, Texas, it operates more than 60 manufacturing, R&D and operations facilities in over 25 countries and employ approximately 7,000 associates across three business divisions. Huntsman Corporation had 2023 revenues of approximately $6 billion.
Clariant AG is a Swiss multinational speciality chemical company, formed in 1995 as a spin-off from Sandoz. Headquartered in Muttenz, Switzerland, the public company encompasses 68 subsidiaries in 36 countries (2023). Major manufacturing sites are located in Europe, North America, South America, China, and India. In 2023, sales from continuing operations were 4.377 billion CHF.
Fevicol is an Indian brand of adhesives owned by the company Pidilite Industries.
Covestro AG is a German company producing polyurethane and polycarbonate raw materials. Products include isocyanates and polyols for cellular foams, thermoplastic polyurethane and polycarbonate pellets, as well as polyurethane based additives used in the formulation of coatings and adhesives. It is a Bayer spin-off formed in the fall of 2015 and was formerly called Bayer MaterialScience.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively. The company is a part of the Aditya Birla Group.
Arkema S.A. is a publicly listed, multi-national manufacturer of specialty materials, headquartered in Colombes, near Paris, France. It has three specialty materials segments ; adhesives, advanced materials and coatings. A further segment covers chemical intermediates.
Graco Inc. is an American industrial company specializing in the development and manufacturing of fluid-handling systems and products. The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. After the merger of Bhushan Power & Steel, Ispat Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private sector steel company.
Welspun Corp Limited is an Indian multinational company with its headquarters in Mumbai, India. It specializes in manufacturing large-diameter pipes and operates in multiple countries across six continents. Its manufacturing facilities are located in Anjar (Gujarat), Bhopal, Mandya (Karnataka), Jhagadia (Gujarat), and Little Rock, Arkansas, in the US.
Samvardhana Motherson International Ltd is an Indian multinational manufacturer of automotive components, based in Noida. It makes wiring harnesses, plastic components and rearview mirrors for passenger cars. The company was established in 1986 as a joint venture with the Sumitomo Group of Japan.
The Anthea Group is a private group of companies engaged in the manufacture and export of a range of speciality chemicals based in Mumbai, India. The Group is a major producer of Fragrance & Flavor chemicals, catering to key F&F multinationals. It markets its goods in North and South America, Europe and the Asia-Pacific region. Additionally, the Anthea Group produces speciality chemicals which are used in a range of applications such as pharmaceuticals, flame retardant polymers and agrochemicals.
Specialty chemicals are particular chemical products which provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agrichemicals, cleaning materials, colors, cosmetic additives, construction chemicals, elastomers, flavors, food additives, fragrances, industrial gases, lubricants, paints, polymers, surfactants, and textile auxiliaries. Other industrial sectors such as automotive, aerospace, food, cosmetics, agriculture, manufacturing, and textiles are highly dependent on such products.
Atul Ltd is an integrated chemical company founded by Kasturbhai Lalbhai on September 5, 1947 in India. The company manufactures 900 products and 400 formulations and owns 140 retail brands. It serves 4,000 customers belonging to 30 diverse industries and has established subsidiary companies in the US, the UK, the UAE, China and Brazil to serve its customers.
Madhukar Balvantray Parekh is an Indian entrepreneur, Chairman of Pidilite Industries, a global company among the leaders in adhesives and sealants, construction chemicals, and hobby colors. Madhukar is 16th richest Indian with a net worth of US$7.5 billion as of 2019.
Chemence is a speciality chemical and medical device manufacturer which products include cyanoacrylate adhesives, anaerobic adhesives, impregnation sealants, adhesive activators, epoxy resins, UV adhesives, photopolymer resins, custom printer ink cartridges, Gas pipe sealants, and soak off nail polishes. Chemence is a supplier of photopolymer and commercial printers to the flexographic industry in the US and Europe, as well as the primary sealant supplier to British Gas, and a primary supplier of private-label adhesives to companies including Tesco, 3M, Bostik, and Bondo. The company's catalogue of patents includes processes, packaging devices, and chemical combinations.
Bombay Oil Industries Limited (BOIL) is an Indian holding company based in Mumbai, Maharashtra. Its subsidiaries have interests in consumer goods, agriculture, and chemicals.
Indigo Paints Limited is an Indian paint company that is headquartered in Pune, Maharashtra, and has five manufacturing facilities that are located at Jodhpur, Kochi and Pudukkottai. The company is engaged in manufacturing, selling and distribution of decorative paints, Emulsion, enamels, waterproofing & chemical constructions, wood coatings, distemper, primers, putties and cement paints.