Incepted on February 15, 1908 DIC Corporation has grown exponentially becoming a 768 billion company with 32 companies in Japan and 142 across the globe. DIC Corporation today has a strong global footprint with 174 group companies in 64 countries and territories.
A look into the rich history of 110+ years
Established as Kawamura Ink Manufactory
Institutes joint venture with Reichhold Chemicals Inc., U.S.A
Acquires graphic arts materials division of Sun Chemicals Corporation, U.S.A
Changes company name to DIC Corporation
Launches DIC111 medium-term management plan
Commences production of offset printing inks
Develops 100% soybean oil-based printing ink
Begins production of Polyphenylene Sulfide (PPS) compounds
Adopted Nematic LCs for use in LCD calculator manufactured by Sharp Corporation
Enters the synthetic resin market
Begins production of organic pigments
Develops high brightness green pigment (G58) for use in color filters for LED televisions
DIC India Ltd. was founded in 1947. It was formerly known as Coates India Limited, the largest manufacturer of printing inks and allied materials. With Research and Development centers in Kolkata, Ahmedabad, Bengaluru and Noida, the company is proud of introducing revolutionary products and technologies in the market.
Leading the Indian Market
One of the largest companies in printing, publishing and packaging industry segment in India, DIC India has some of the renowned names from magazines, newspapers, printing and publishing domains as their esteemed clients.
Let’s take you through the journey of DIC in India over the course of seven decades.
Maurice Coates, a London-based British Printing ink manufacturer had set up a small blending unit in Kolkata
Incorporation of Coates of India Limited- World’s largest manufacturer of printing inks and allied materials
Second Service Centre opened in Mumbai
Third office opened in Chennai
Factory with modern manufacturing facilities were set up in Kolkata
Another set up established in Delhi
Metal Coating production commenced in Mumbai
Factory set up in Delhi for blending activity
R& D Department inaugurated in Kolkata
Company made its Maiden public issue of equity share worth Rs. 3.2 million
The Kolkata factory witnessed a modernization programme that included installing highly efficient machines.
Liquid Ink Manufacturing factory set up in Noida
DIC Japan consolidates its investments under DIC Asia Pacific Pte Limited. Sun Chemical becomes the holding company
Entire stake transferred from Sun Chemical to DIC Asia Pacific Pte Ltd.
Company changed to DIC India Limited from 6th August