- Business
- Asahi Songwon Colors Limited (ASAHISONG.NS) manufactures and sells a diverse portfolio of synthetic organic pigments and pigment preparations for the paints and coatings, plastics, inks, textiles, and rubber industries. The company offers products including phthalocyanine blues and greens, azo yellows and oranges, high-performance alpha blue pigments, pigment reds and violets, and speciality dispersions under the Asahi and Songwon brands; it also provides custom colour matching services, technical support, and application development assistance. Headquartered in Ahmedabad, India, and founded in 2005 as a joint venture between Asahi Kasei Corporation of Japan and Songwon Industrial Group of South Korea, the company operates manufacturing facilities primarily in India with sales and distribution networks spanning Asia, Europe, North America, and other regions.
Asahi Songwon serves major global customers in automotive coatings, industrial paints, masterbatches, printing inks, and other colour-intensive sectors, positioning itself as a key supplier of high-quality, eco-friendly pigments amid growing demand for sustainable colour solutions.
In recent developments, the company reported a robust financial performance in fiscal year 2025, achieving record revenues driven by capacity expansions and strong export growth; it also invested in new production lines for high-chroma pigments and advanced R&D for low-VOC dispersions to meet evolving regulatory standards in Europe and North America.