Newsletter
DCM Shriram is acquiring 100% of Hindusthan Specialty Chemicals for ₹375 crore.
A diversified agri and chemicals firm, DCM Shriram operates across agri-inputs, chlor-vinyl, sugar, cement, and now, advanced materials.
On the other hand, Hindusthan Specialty Chemicals is a manufacturer of advanced epoxy resins and formulated products, catering to sectors like aerospace, electronics, EVs, defence, and renewables.
The why: DCM Shriram is making this acquisition to expand and diversify its chemicals portfolio. The move aligns perfectly with its plan to build a strong presence in epoxy and advanced materials, leveraging synergies with its existing chemical operations.
Background: this acquisition follows DCM’s earlier commitment of ₹1,000 crore to set up an epoxy and advanced materials business under its chemicals SBU.
