Dear Shareholders,
This marks my third interface with you, as ViceChairman & Managing Director of
Clariant Chemicals (India) Ltd. I would like to thank all of you, our shareholders, for
your continued faith in the organization. Our Company is taking several steps to partner
with India’s growth story, and we are concentrating all our efforts towards making a
real difference.
While our solutions find applications across several emerging industry sectors in
India, eight of them are notable as they form the building blocks of our growing economy:
Agriculture, Infrastructure, Transportation, Healthcare, Fiber, Packaging, Consumer Goods
and Home & Personal Care. The leading Companies in these sectors, trust our
proficiency. They come forward to co-create innovative solutions that also offer a
sustainable advantage. Whether it is our contribution towards a fuel-efficient car or
towards a detergent that cleans with lesser water consumption or even towards developing
lighter packaging materials with safer colors - we are taking proactive measures to
strengthen our product pipeline with innovations that make a difference.
Our Company has manufacturing sites spread across Maharashtra, Gujarat, Madhya Pradesh
and Tamil Nadu, with a 73:27 domestic sales to export sales ratio. We are continuing to
invest more in our people, in new- age technologies in our Application Development Labs,
and towards the upgradation of our sites.
Also, our strategic acquisitions in the last two years viz Plastichemix (integrated
into Masterbatches) And Lanxess’ black pigment portfolio (integrated into Pigments)
are starting to show results. By 2020, our Company aims to double its growth, with the
current portfolio of products and solutions. We believe in making the Impossible...
Possible: Our internal theme for 2015 that propelled our employees to enable the
organization make a difference positively.
I am happy to share that our Company undertook close to 30 different CSR projects in
the past 15 months, in the fields of education, health, environment and community welfare,
with the active participation of more than 300 of our colleagues, committed to these
causes. We will continue to invest our time and resources in these areas, and contribute
towards making a real difference in the world around us.
In the last three years, our Company has seen a change in its DNA, with a transformed
and rejuvenated team, committed to robust growth. Our strength lies in such people, our
versatile product portfolio, our technical competence, our thought leadership in the
industry and our agility in adapting to this fast-changing world. As a Company, we are
committed to increasing shareholder value.
We will continue to address challenges with innovative and sustainable solutions, and
our customers lie at the heart of our progress. Your encouragement and confidence in
Clariant will drive us forward in our meaningful journey. Our journey towards Excellence.
And Excellence in being the leading specialty chemicals Company.
DR. DEEPAK PARIKH
Vice-Chairman & Managing Director Clariant Chemicals (India) Ltd.