| Intermediate and Colours | Pigments and intermediate chemicals for coatings, plastics, and industrial applications. | Strong technical expertise, established client base, strategic acquisitions. | B2B clients in coatings, plastics, and related industries. | Specialty pigments and performance intermediates. | 379 | 39 | Sales of pigments and intermediates to industrial customers. | Direct sales with industrial contract pricing. | Industrial growth, new product launches, capacity expansions. | Not specified |
| Dyes & Specialty Chemicals | Specialty dyes and chemicals for home and personal care, textiles, leather, paper, and coatings. | Proprietary products, established market presence, R&D capabilities. | B2B industrial sectors requiring specialty chemical solutions. | High-performance specialty dyes and chemicals. | 583 | 61 | Product sales to specialized industrial sectors. | Direct industrial sales, contract-based pricing. | Innovation in specialty chemical products, expanding application industries, global acquisitions. | Cosmenyl, Polyfast, Hostaperm, Novoperm |
