LXCHEM

Overview

Laxmi Organic Industries Ltd (LXCHEM) is a leading manufacturer of specialty chemicals in India. The company was founded in 1989 and is headquartered in Mumbai. LXCHEM's products are used in a variety of industries, including pharmaceuticals, agrochemicals, dyes and pigments, inks and paints, coatings, printing, packaging, flavor and fragrance, adhesives, electronics, automotive, and others.

History

Laxmi Organic Industries Ltd started out as a bulk chemicals manufacturer. In the early 1990s, the company began to focus on specialty chemicals. In 1996, LXCHEM acquired the Diketene Derivative Products (DDP) business from Clariant Chemicals India Limited. DDP is a specialty chemical group that produces a range of products, including esters, amides, and arylides.

How the company operates

Laxmi Organic Industries Ltd operates through two segments: Acetyl Intermediates and Specialty Intermediates. The Acetyl Intermediates segment produces a range of acetyl products, including bulk solvents and aldehydes. The Specialty Intermediates segment produces a range of products, including diketene derivatives, esters, amides, and arylides.

The future

Laxmi Organic Industries Ltd is well-positioned for future growth. The company is a leader in the specialty chemicals market in India and is expanding its product portfolio. LXCHEM is also investing in new technologies and capacity expansion.

Conclusion

Laxmi Organic Industries Ltd is a well-managed company with a strong track record of growth. The company is well-positioned for future growth and is a good investment for long-term investors.

Official website

The official website of Laxmi Organic Industries Ltd is https://www.laxmi.com/.

Milestones

Additional information and interesting facts

Brands and companies

Some of the brands and companies that use Laxmi Organic Industries Ltd's products include: