Neochem Bio Solutions was originally formed as a partnership firm under the Indian Partnership Act, 1932 (Partnership Act) in the name and style of ‘M/s Vinayak Dyes & Chemical Industries’, on March 6, 1978. Vinayak Dyes & Chemical Industries was changed to ‘Neochem Technologies’ with effect from January 6, 2006 and further the firm was converted from Partnership Firm to Private Limited company on June 6, 2017 as ‘Neochem Technologies Private Limited’. Furthermore, the name of the company was changed from Neochem Technologies Private Limited to Neochem Bio Solutions Private Limited on March 18, 2025. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by its shareholders resolution dated March 26, 2025, and the name of the company was changed to ‘Neochem Bio Solutions Limited’ on April 15, 2025.
It is a specialty performance chemical company engaged in the business of manufacturing specialty performance chemicals with a diverse portfolio of over hundreds of customized formulations across four primary product segments namely Polymers, Surfactants, Silicones, and Esters & bio based sustainable solutions. Its products are essential and used in industries such as textile & garment washing, home & personal care (HPC), institutional and industrial cleaners, water treatment, paints and coatings, paper and pulp, construction, rubber and dyes and pigments. The company is accredited with recognized process certifications such as ISO 9001:2015, ISO 14001 and ISO 45001. Its product certifications include ZDHC Level 3 and GOTS 7.0.
It offers a comprehensive range of textile and garment washing auxiliaries such as pre-treatment, dyeing, finishing, printing and coating applications across all fabric and garment substrates compatible with various processing machines. It manufactures and supplies a diverse range of specialty performance chemicals such as dispersant polymers, anti-foams, specialty surfactants, silicone emulsions, and rheological modifiers for the home and personal care industries. Its water treatment range includes anti-scalant formulations based on high and low molecular weight polymers, along with dispersants, anti-foams, de-colorants and flocculants. For the paint and coating industry, it offers acrylic dispersants, wax emulsion-based additives, anti-foams, and acrylic emulsions. Further, its institutional and industrial cleaning range includes room care, laundry care, kitchen hygiene, and personal hygiene solutions tailored for commercial and industrial use.
Its formulation and product application development initiatives are supported by a dedicated in-house research & development laboratory, and an application research center equipped with advanced testing capabilities and operated by a team of qualified professional including support staff. Its initiatives are directed towards advancing sustainability through the development of bio-based products tailored to meet specific customer requirements.
Business area of the company
The company is engaged in the business of manufacturing specialty performance chemicals with a diverse portfolio of over hundreds of customized formulations across four primary product segments such as Polymers, Surfactants, Silicones, and Esters & bio based sustainable solutions. Its products are essential and used in industries such as textile & garment washing, home & personal care (HPC), institutional and industrial cleaners, water treatment, paints and coatings, paper, etc.
Product segments of the company
- Polymers
- Surfactants
- Silicones
- Esters & Bio-based Sustainable Solutions
Awards and recognitions
- 2021: Achieved GOTS 6.0 certification and ZDHC level 1 certification
- 2022: Obtained ZDHC Level 3 certification and securing AATCC corporate membership
- 2023: Certificate of Registration for ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
- 2023: Awarded with Certificate of Participation in the Dye Chem World event.
- 2023: Awarded with Proud Supporter in the recognition plaque from the ChromaTexeChem
- 2024: Achieved GOTS 7.0 certification
Histrory and millstones
- 1978: Entered into a partnership firm in the name of Vinayak Dyes & Chemical Industries for carrying on the business of colour, chemicals and auxiliaries.
- 1982: Established its first facility at Isanpur, Narol to manufacture textile auxiliaries and pigment emulsions.
- 2006: Changed the name of the of partnership firm to Neochem Technologies and established new facility at 19/1 Moraiya, Ahmedabad to manufacture textile auxiliaries and speciality performance chemicals.
- 2013: Received GOTS 2.0 certification
- 2017: Conversion of partnership into a private limited company namely Neochem Technologies Private Limited.
- 2019: Increase in installed capacity up to 22,000 metric tons per annum along with GOTS 5.0 certification
- 2019: Launch of institutional and industrial cleaning chemical products
- 2019: Added warehousing facility with storage capacity of 1350 metric ton of raw material and finished goods.
- 2020: Setting up Research and development facility, application research center and upgraded QA& QC laboratory
- 2020: Built well-equipped admin office
- 2022: Amalgamation of Protek Korchem Private Limited with the company
- 2023: Entered into international business in countries like Vietnam, Singapore, Canda, Australia, Indonesia etc.
- 2024: Launch of home and personal care ingredients product
- 2024: Achieved revenue from operations of more than Rs 6,000 lakhs in Fiscal 2024
- 2025: Changed the name of the company to Neochem Bio Solutions Private Limited
- 2025: Conversion of private limited company to public limited company
- 2025: Achieved revenue from operations of more than Rs 8,400 lakhs in Fiscal 2025