Vipul Organics has ventured into the paper segment in the domestic market and worked closely on its product innovation for over 12-18 months and created product lines focused on the segment.
The company's innovation with paper-focused dispersions and dyes has won initial clientele including leading players such as Tamil Nadu Paper, and Andhra Paper, among others. Currently, Vipul Organics is setting up a research and development (R&D) lab for the paper category at its Ambernath plant in Maharashtra and is likely to be fully functional shortly.
This year, Vipul Organics expects paper dispersions & dyes to contribute around Rs 50 crore to its topline in the next three to four years.
Vipul Organics, a leading specialty chemicals company in the pigments and dyes segment, has already launched its complete range of products under two categories i.e., SunPulp dispersions and SunDirect dyes.