SODIUM METABISULFITE MARKET ANALYSIS

Market News

Key Developments:

• In March 2017, Hydrite Chemical acquired SERVCO, a specialty chemical company. This will help the company to expand its geographic reach and serve the customers more effectively. This new capacity enables the company to cater the growing demand from customers operating globally in the industrial water treatment, chemical & pharma and textile industry.
• In 2011, Aditya Birla Chemicals acquired its major competitor, the Chloro Chemicals Division of Kanoria Chemicals based in Renukoot. This will enhance the portfolio of the Aditya Birla Chemicals Business. With this acquisition, the Aditya Birla Chemicals Business ranks as one of the leading players in the chlor-alkali segment in India and has added 129,000 TPA to the existing caustic manufacturing capacity of 105,000 TPA.