- CEO
- Pritesh Yashwantlal Shah
- Full Time Employees
- 4
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Sigma Icon -1 Ahmedabad GU India 380015
- IPO Date
- Jun 20, 2016
- Business
- Yash Chemex Limited is an India-based company primarily engaged in the trading, importing, exporting, and distribution of chemical products, dyes, and intermediates. Its core product portfolio includes dye intermediates such as Tobias Acid, Beta Naphthol, Sulpho Tobias Acid, J Acid, H Acid, Bon Acid; reactive dyes; laminate chemicals; specialty chemicals; agrochemicals; melamine; cyanuric chloride; meta phenylene di sulphonic acid; meta ureido aniline; oleum acid; k acid; orange H2R; mono methyl aniline; and pigment pastes. The company serves multiple industries including textiles and garments, water treatment, laminates, pharmaceuticals, adhesives, metal industries, oil paint, and plastic products.
Founded originally as a sole proprietorship in 1990 and incorporated as Yash Chemex Private Limited in 2006 before becoming Yash Chemex Limited in 2016, the company is headquartered in Ahmedabad, Gujarat, India. Yash Chemex operates primarily in the Indian market with a notable presence in chemical trading and distribution.
A significant recent company development includes its expansion into manufacturing activities through its subsidiary, Yasons Chemex Care Limited, which holds a 65% stake and commenced operations in 2017. This subsidiary manufactures fast-moving consumer goods (FMCG) and intermediate-moving consumer goods (IMCG), with registered brand names such as Plxo established in 2018. Further backward integration was achieved when Yasons Chemex Care Limited acquired a 99% stake in Rishit Polysurf LLP in 2020, specializing in the manufacture of specialty chemicals based on ethylene oxide and propylene oxide derivatives.
In the last 1-2 years, Yash Chemex has demonstrated substantial sales growth and operational enhancements with quarterly revenue increases reported up to 45% year-over-year. The company also implemented changes in its management and governance structure during this period to support its growth and diversification strategies.
Yash Chemex Limited continues to position itself as a comprehensive supplier of dyes, chemical intermediates, and specialty chemicals, complemented by its growing manufacturing arm in FMCG and specialty chemical production, targeting industries both in India and potentially for export markets. This diversified business model leverages trading, distribution, and manufacturing to serve a broad industrial clientele efficiently.