Today, India ranks among the leading five nations on the planet for the production of specialty chemicals and polymers. The main drivers of the development of the polymer additives and specialty chemical marketplace in India are the expanding manufacturing sector, the increase in the use of polymer products in industries, and the rising consumption of finished products by an extremely large group of the middle class Indian.
More than 50,000 different products are covered by India's broad and diversified chemical sector. These products are broadly categorized into textile chemicals, specialty chemicals, bulk chemicals, and polymer additives. By 2025, it is anticipated that the market for petrochemicals and polymer additives would be worth $68 billion.
An ISO 9001: 2015 certified firm, Laveek Addchem is a name renowned for developing and supplying high-tech additives and specialty chemicals with a high added value, minimal energy use, and minimal environmental impact is a well known name in the industry. Recognized in the market for its premium plastic additives, which include optical brighteners, antioxidants, and UV stabilizers, Laveek Addchem also offers processing aids (based on acrylic and lubricants) and specialty chemicals.
Offering a Range of Solutions
In India, Laveek Addchem is the leading importer and provider of plastic optical brightener OB1 and OB. The company deals with the manufacturing, importation, sales, and services of plastics additives and specialty chemicals, while it also offers industrial solutions for plastics.
According to consumer demand, the firm keeps curating, creating and supplying items. It also provides technical support to customers, assists them in resolving problems, and creates new products at reasonable costs. "Our company's first priority is consistent quality products supplied at the best price to our customer. So, our chemicals as raw materials can be helpful to increase customers' products competitiveness in the market”, shares Deepak Singh Hada, Founder, Laveek Addchem.
Laveek Addchem is well-known for being a top importer and supplier of chemicals, as well as one of the leading suppliers of antioxidants (168, 1010, B215, B225, 626, 1330, TP826 and 1076) and PVC Heat Stability Additives (CAA, SBM, DBM).
The manufacturing of different metallic stearates, PVC acrylic processing aid, foaming regulators, textile and detergent optical brighteners, foaming regulators, and many other customized chemicals products is done by Laveek Addchem in their own manufacturing facility as well as in collaboration with other companies. To add to it, the firm is consistent in offering great quality at extremely reasonable costs which acts as the key selling factors for all of the aforementioned products.
Charting the Path Ahead
Laveek Addchem’s talented core team, hardworking staff, and network of vendors play a key role in its success. Along with two international collaborations with other businesses, the company also has more than six dealers spread across different Indian states.
Approximately 600 tons of plastic additives and 1200 tons of specialty chemicals - polymer compounds are currently supplied to India annually by the company. Over 550 consumers in India currently receive and utilize Laveek's products, and the number is only increasing.
“We are planning to start production of functional polymers, impact modifiers and new polymer additives, special compounds within the next 1-2 years. We will touch domestic customers with their high quality new products which will also be exported to other countries. Additionally, we have recently signed contracts with overseas companies to adopt some latest technology and raw material support for developing new products”, further adds Deepak Singh Hada. Laveek Addchem’s creators anticipate that the 'Laveek Addchem' moniker will grow significantly from its current size.
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