This strategic acquisition creates a global pigment company, bringing together SCIL’s operations and expertise with Heubach’s technological capabilities. The combined company will have a broad pigment portfolio and a strong presence in major markets including Europe and the Americas. SCIL’s acquisition of Heubach will address these challenges with a clear turnaround plan. The combined company builds on the rich legacies of both Sudarshan and Heubach. Our goal is now to create the world’s most valuable pigment company with great financial strength and profitability.