Key Milestones
Our Approach
- 1Sustainable growth
- 2Continuous technological upgradation & process optimisation
- 3Strict adherence to Good Manufacturing Practices
- 4Good environment protection & management and safety systems
- 5Customer service and HRD culture
- 6Quality improvement as a continuous process
Suncare | Haircare | Vitamin C
Antibacterial Ingredients | API Intermediates
We are among the global leaders and one of the largest manufacturers of UV absorbents / filters.
Board of Directors
Our Founder
Mr. Jayant Vora is an expert in the insurance field with over 41 years experience in Direct Insurance, Reinsurance, Finance Insurance, and Risk Insurance.
He founded Bhaichand Amoluk Consultancy Services, a full-fledged insurance service, which worked as a principal agent to the Commercial Union in western zones up to 1954 and National Insurance Company up to 1972. He then diversified into specialty chemicals, founding Chemspec Chemicals in 1978.
Today, he still serves as chairman of Bhaichand Amoluk Consultancy Services and is active in its subsidiary companies, Chemspec Chemicals Pvt Ltd and Health India TPA Services Pvt Ltd (involved in the field of insurance third party administration services).
He led Bhaichand's investment into a software company, Admin Server, a transacting platform in life insurance and annuity products, catered to the U.S market. This company was subsequently sold to Oracle in 2008 at US $125 Million.
He has also led investments into software company, Graphite GTC, and London based travel service, Ellidore Events Limited.
Mr. Jayant Vora is also a six times Indian National Champion in Table Tennis and winner of the ARJUNA AWARD in 1963.
CSR Activities
Chemspec makes sizeable donations to each of these institutions annually:
- D.Y Patil Educational Trust
- Dr. Vithalrao Vikhe Patil Educational Foundation
- Pimpri Chinchwad Education Trust
- Pravara Institute of Research and Education in Natural and Social Science
Credit Rating
Crisil is one the leading and most stringent credit rating agencies in India, and is a subsidiary of US based S&P. This rating is further supported by healthy cash accruals, zero capital expenditure needs, diversity in customer base and extensive promoter operating history.
We do not have any long term debt and hence no long term debt rating.