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Milestones





  • 1993-94
    Started as automated and modern CPC Blue manufacturing facility at Vapi in 1993 with 1500 MTPA capacity which was expanded to 2700 MTPA capacity by 1994.
  • 1995
    Established strong international market for the product to become a leading exporter of CPC Blue from India.
  • 1997-98
    Expanded capacity to 4500 MTPA - First round of PE investment.
  • 2000-02
    Became one of the largest producer of CPC Blue with installed capacity of 6600 MTPA. Pioneer in introducing CPC Blue with a Special Solvent first time in India - Became 100% Export Oriented Unit (EOU).
  • 2003-04
    Became a preferred sole supplier for Ciba Group in UK.
    Successfully bought out PE fund investments .
    Entered Japan and SE Asia markets with special quality products.
  • 2006-07
    In organic growth in pigments manufacturing to become an integrated phthalocyanine pigment manufacturer.
    Launch of RANGDAY Pigment Brand.
    Successful second round of PE investment.
  • 2008-10
    Established strong Pigment export market - Appointed exclusive distributors for US, LATAM countries, Scandinavian, Spanish and Indonesian markets.
  • 2011
    Exited from dyes business to concentrate on core business of Phthalocyanine Pigments.
    Exited from being a EOU in the CPC Blue manufacturing facility to expand indigenous business.
  • 2014-15
    Separated CPC Blue Business into a new Company and formed a Joint Venture with a strategy to become one of the largest combined CPC Blue operating capacities post alliance as well as to improve operational advantages .
  • 2017
    Exited from CPC Blue Business by stake sale in Joint Venture .
    Promoters bought out entire PE investment in the Company to make promoters holding 100%.
    Set up plant to convert effluents into trade products.
    Increased Production capacity for Pigment Green to 175 MTPM.
  • 2018
    Undertaken expansion of Pigments production capacity to 400 MTPM.
    Participated in international trade shows.
  • 1993-94
    Started as automated and modern CPC Blue manufacturing facility at Vapi in 1993 with 1500 MTPA capacity which was expanded to 2700 MTPA capacity by 1994.
  • 1995
    Established strong international market for the product to become a leading exporter of CPC Blue from India.
  • 1997-98
    Expanded capacity to 4500 MTPA - First round of PE investment.
  • 2000-02
    Became one of the largest producer of CPC Blue with installed capacity of 6600 MTPA. Pioneer in introducing CPC Blue with a Special Solvent first time in India - Became 100% Export Oriented Unit (EOU).
  • 2003-04
    Became a preferred sole supplier for Ciba Group in UK.
    Successfully bought out PE fund investments .
    Entered Japan and SE Asia markets with special quality products.
  • 2006-07
    In organic growth in pigments manufacturing to become an integrated phthalocyanine pigment manufacturer.
    Launch of RANGDAY Pigment Brand.
    Successful second round of PE investment.
  • 2008-10
    Established strong Pigment export market - Appointed exclusive distributors for US, LATAM countries, Scandinavian, Spanish and Indonesian markets.
  • 2011
    Exited from dyes business to concentrate on core business of Phthalocyanine Pigments.
    Exited from being a EOU in the CPC Blue manufacturing facility to expand indigenous business.
  • 2014-15
    Separated CPC Blue Business into a new Company and formed a Joint Venture with a strategy to become one of the largest combined CPC Blue operating capacities post alliance as well as to improve operational advantages .
  • 2017
    Exited from CPC Blue Business by stake sale in Joint Venture .
    Promoters bought out entire PE investment in the Company to make promoters holding 100%.
    Set up plant to convert effluents into trade products.
    Increased Production capacity for Pigment Green to 175 MTPM.
  • 2018
    Undertaken expansion of Pigments production capacity to 400 MTPM.
    Participated in international trade shows.
  • 1993-94
    Started as automated and modern CPC Blue manufacturing facility at Vapi in 1993 with 1500 MTPA capacity which was expanded to 2700 MTPA capacity by 1994.
  • 1995
    Established strong international market for the product to become a leading exporter of CPC Blue from India.
  • 1997-98
    Expanded capacity to 4500 MTPA - First round of PE investment.
  • 2000-02
    Became one of the largest producer of CPC Blue with installed capacity of 6600 MTPA. Pioneer in introducing CPC Blue with a Special Solvent first time in India - Became 100% Export Oriented Unit (EOU).
  • 2003-04
    Became a preferred sole supplier for Ciba Group in UK.
    Successfully bought out PE fund investments .
    Entered Japan and SE Asia markets with special quality products.
  • 2006-07
    In organic growth in pigments manufacturing to become an integrated phthalocyanine pigment manufacturer.
    Launch of RANGDAY Pigment Brand.
    Successful second round of PE investment.
  • 2008-10
    Established strong Pigment export market - Appointed exclusive distributors for US, LATAM countries, Scandinavian, Spanish and Indonesian markets.
  • 2011
    Exited from dyes business to concentrate on core business of Phthalocyanine Pigments.
    Exited from being a EOU in the CPC Blue manufacturing facility to expand indigenous business.
  • 2014-15
    Separated CPC Blue Business into a new Company and formed a Joint Venture with a strategy to become one of the largest combined CPC Blue operating capacities post alliance as well as to improve operational advantages .
  • 2017
    Exited from CPC Blue Business by stake sale in Joint Venture .
    Promoters bought out entire PE investment in the Company to make promoters holding 100%.
    Set up plant to convert effluents into trade products.
    Increased Production capacity for Pigment Green to 175 MTPM.
  • 2018
    Undertaken expansion of Pigments production capacity to 400 MTPM.
    Participated in international trade shows.
  • 1993-94
    Started as automated and modern CPC Blue manufacturing facility at Vapi in 1993 with 1500 MTPA capacity which was expanded to 2700 MTPA capacity by 1994.
  • 1995
    Established strong international market for the product to become a leading exporter of CPC Blue from India.
  • 1997-98
    Expanded capacity to 4500 MTPA - First round of PE investment.
  • 2000-02
    Became one of the largest producer of CPC Blue with installed capacity of 6600 MTPA. Pioneer in introducing CPC Blue with a Special Solvent first time in India - Became 100% Export Oriented Unit (EOU).
  • 2003-04
    Became a preferred sole supplier for Ciba Group in UK.
    Successfully bought out PE fund investments .
    Entered Japan and SE Asia markets with special quality products.
  • 2006-07
    In organic growth in pigments manufacturing to become an integrated phthalocyanine pigment manufacturer.
    Launch of RANGDAY Pigment Brand.
    Successful second round of PE investment.
  • 2008-10
    Established strong Pigment export market - Appointed exclusive distributors for US, LATAM countries, Scandinavian, Spanish and Indonesian markets.
  • 2011
    Exited from dyes business to concentrate on core business of Phthalocyanine Pigments.
    Exited from being a EOU in the CPC Blue manufacturing facility to expand indigenous business.
  • 2014-15
    Separated CPC Blue Business into a new Company and formed a Joint Venture with a strategy to become one of the largest combined CPC Blue operating capacities post alliance as well as to improve operational advantages .
  • 2017
    Exited from CPC Blue Business by stake sale in Joint Venture .
    Promoters bought out entire PE investment in the Company to make promoters holding 100%.
    Set up plant to convert effluents into trade products.
    Increased Production capacity for Pigment Green to 175 MTPM.
  • 2018
    Undertaken expansion of Pigments production capacity to 400 MTPM.
    Participated in international trade shows.