Himadri Speciality Chemical, one of India’s largest speciality carbon black producer, says the recent US tariff hike has not affected its exports. The company continues to retain its long-standing customer base in the United States. CMD and CEO Anurag Choudhary said, “We have been supplying to the US for the last five years, and we have not seen any impact on exports so far”.
Stable US Volumes, Growth in Other Markets
While demand in the US market remains steady, Choudhary noted that volumes are rising across other overseas markets. Europe, the Middle East, and the US continue to be the company’s three major export destinations.
He added that speciality product exports picked up strongly in H1 FY26, especially in Europe and the Middle East. “Our existing markets are doing very well. The outlook for the second half is stronger than the first half,” he said.
Rising Export Contribution and Global Expansion
Exports currently contribute around 33% of Himadri’s turnover. The company expects this share to cross 50% in the next three years. Currently, Himadri supplies its products to fifty-four countries. With newly commissioned terminals at the New Mangalore Port, the company is also expanding its liquid-pitch export capability.
Capacity Expansion in Speciality Carbon Black
Himadri plans to double its speciality carbon black capacity to 1,30,000 metric tons per year through a brownfield expansion. The company aims to complete this upgrade by the end of the third quarter of this fiscal year.
New Speciality Chemical Facility Coming Up
The company is also setting up a new facility to produce anthraquinone and carbazole, two highly technical speciality products. This plant, located in Hooghly, West Bengal, is expected to be commissioned by the second quarter of the next financial year. According to Choudhary, this will be the first plant in India to manufacture these products and will also have the largest capacity in the world. Himadri is investing ₹120 crore in the project. As reported by thehindubusinessline.com, he added that both products will serve as import substitutes in the domestic market and will also be exported due to their wide industrial applications.
