The Indian Polymer Additives industry is driven by growth in the manufacturing sector and increased consumption of polymer and plastic products. India, with its massive population of 1.3 billion has only led to further increased demand of plastic products. Plastics (polymers and polymer additives in turn) will continue to be in high demand covering the entire spectrum from construction, furniture, automotive, telecommunications, agriculture, petrochemicals, etc. even though
HPL Additives Limited was founded in 1964 by Mr. Harcharan Singh, Chairman & Managing Director. It became the first Indian Polymer Additives manufacturer to get ISO 9001; ISO14001 and OHSAS 18001 accredited. It began its operations as chemical blowing agents manufacturer in India and over the years has vastly increased its product portfolio to include Antioxidants, UV-Light Stabilizers, Azo-initiators, Chain- Extenders and Cross Linking Agents for Polymers, Water treatment Chemicals, Specialty chemicals, Hydrazine Hydrate and other Hydrazine Derivatives to carve a name for itself in both the Indian as well as Global market. HPL currently exports to 50+ countries across the globe and holds a form position in the Indian market share for all the products it manufactures.
The company has recently expanded the capacities of its four state-of-the-art manufacturing units in India. The company is also in the process of setting up new plants. HPL Additives strongly believes that a successful business is a result of strong value drivers, business ethics & talented committed work force, advanced technology and a sustainable vision.
HPL has been a recipient of many awards on National and state level.
The Duo Leading the Organization
The company is led by Mr. Harcharan Singh, Chairman and the Managing Director and Mr. Umesh Anand, Joint Managing Director. Mr. Singh is the founder of HPL Additives Limited. After completing his post-graduation in Science in 1960 from Punjab University, he worked as a Scientific Officer in the field of Polymer and Polymer Additives at the Shriram Institute of Industrial Research for about five years. Mr. Singh has set up HPL Additives Limited in 1964 as a registered partnership firm which was later converted into a company in 1976. He has an overall experience of more than 50 years in the field of Polymers. He is assisted by a professional team of experts who are responsible for managing their respective areas of operations.
On the other hand, Mr. Umesh Anand has also played a pivotal role in taking the company beyond the horizons. After completing his MBA from College of William & Mary, Virginia in 1987, he joined Citibank; N.A. Mr. Anand joined HPL Additives as Joint Managing Director in 1995. Apart from leading the company along with Mr. Harcharan Singh, his marketing strategies and vision for growth have been instrumental in making HPL Additives a key global player and has ensured that the company becomes a leading manufacturer and exporter of polymer additives from India.
Ensuring High Levels of Quality, Efficiency and Safety
HPL Additives ensures continuous investments in systems, processes, technologies and human assets to ensure high levels of quality, service, efficiency, safety and environmental consciousness.
Commitment to latest technologies has been the driving force of the organization. It has been the proud recipient of the National Award for R&D efforts by The Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, Government of India (year 2003).
HPL Additives strongly believes in developing its technologies in-house. The dedicated R&D centre supports the business by focusing on new product/process developments using newer and greener technologies.
The company is also embarking upon a huge expansion plan of existing product line and introduction of new products which will complement its existing product range of polymer additives.
Recent Product Launches
The company has recently introduced a new product called HIGRENTM OBA (Oxo-biodegradable additives). Oxo-biodegradable additives accelerate the biodegradation of plastics relatively quickly in different disposal conditions.
HIGRENTM OBA is a degradability-promoting plastic additive comprising a proprietary blend of pro-oxidant, stabilizers and filler in a Polyethylene (PE) carrier. The products can be easily incorporated to make translucent and opaque flexible products out of PE/ PP/PS. When HIGRENTM OBA is incorporated during the processing of plastics (Polyethylene, Polypropylene and Polystyrene), it renders the plastic bio-degradable in a span of 1-3 years depending upon the dosage.
Through the introduction of this product, HPL aims to tackle the issue of plastic waste management – the main cause of plastic pollution in our environment. HPL aims to educate people on how plastics can be effectively used without harming the environment and exploiting the natural resources of the country. Plastics cannot be completely replaced as some of the alternatives to plastics such as Steel, Paper, Glass, Wood and Other Metal industries cause grater damage to environment by putting excessive strain on natural resources and energy. The organization has carried out many campaigns to take this point to packaging firms, end consumers as well as Government agencies.
The organization is in the process of finalizing the plans for launching its new offering –Antioxidants One Pack formulation – early next year – as a move towards forward integration to cater towards India and Middle East markets. HPL’s new one pack plant with the capacity of 500 MT/annum to produce one pack of various antioxidants & other component; to cater to the growing needs of Polymer Producers in India and Middle East.
The management envisions HPL Additives to be one of the top five manufacturers of polymer additives in the world. The organization’s focus is on expansions new plant facilities and up scaling its existing capacities is bound to take HPL to even greater heights.