Aakash Chemicals has once again been named as one of Inc. Magazine’s “Fastest Growing Private Companies in America.” As an honoree in 2011 and now a repeat honoree in 2012, Aakash Chemicals continues to grow at a rapid pace. Aakash Chemicals is honored by this year’s award because it is almost impossible to sustain the year on year growth that is required to make this list two years in a row.
The continued high pace growth from 2011-2012 came from a larger global validation of Aakash’s existing product line (organic pigments, amide waxes, ketonic/PVB resins, specialty dyes) as sales expanded quickly into South America, Europe and Asia, complemented by strong sales in North America.
As fears of a dismal economic outlook were announced, Aakash Chemicals went in the opposite direction and tripled their working capital, spent towards maintaining global inventories. Finally, they added a line of FD&C dyes (FDA approved) and nylon resins, and opened a new pigment dispersion plant in Savannah, GA
In the year ahead, Aakash Chemicals plans to continue to innovate and bring new products to market, help their customers with cost savings initiatives, eliminate risk from their raw material supply chain and continue to provide world class customer service.