Lona Industries

What Lona Industries does

Lona Industries Ltd is an Indian specialty chemicals manufacturer founded in 1962 by Dr. R. K. Dhote, headquartered in Mumbai with manufacturing operations in Panvel, Raigad (Maharashtra). The company produces organic pigments centered on Copper Phthalocyanine (CPC) chemistry, including Phthalocyanine Blues (PB 15:1, 15:2, 15:3, 15:4) in both Alpha and Beta crystalline forms, Phthalocyanine Greens (PG 7, PG 36), and Quinacridone pigments (PR 122, PV 19). Its product portfolio also includes specialty phthalocyanines (Aluminium, Cobalt, Metal-Free PB16), Phthalo Dyes under the Lonogen brand, high-performance Quinacridones under the Lonacridone brand, and the THOXCAT ES sweetening catalyst (cobalt phthalocyanine based, licensed from CSIR-IIP-BPCL) for the petroleum industry. Products are characterized by tight specifications (e.g., DE* ≤1.0, light fastness 7/8, heat stability to 280°C) and are designed for compliance with international colourant regulations including EU REACH.

The company serves five primary industrial segments — Coatings & Paints, Plastics, Printing Inks, Automotive, Textiles, and Petroleum — across the European Union, Latin America, Africa, China, North America, Middle East, Southeast Asia, and Japan. Lona operates a sales-led B2B model with quote-based pricing, direct customer contact through [email protected] and [email protected], and a publicly listed status in India (CIN: U24110MH1962PLCO12526). The business derives revenue primarily from one-time sales of pigment products to industrial manufacturers, supplemented by catalyst sales under the THOXCAT ES license. A long-standing collaboration with the Dainichiseika Group (DNS) of Japan provides technical leadership and governance oversight, and the company maintains a dedicated R&D function for new pigment grades and application support, with QA/QC systems providing batch traceability and statistical process monitoring.

Name

Lona Industries

Legal name

Lona Industries Ltd

Website

https://lona.com

Company type

Public

Founded year

1962

Operating status

Operating

Headcount range

101–250 employees

Short description

Lona Industries Ltd is an Indian specialty chemicals manufacturer, founded in 1962, producing Copper Phthalocyanine and Quinacridone organic pigments for global coatings, plastics, inks, automotive, and petroleum industrial customers, with a long-standing technical collaboration with Dainichiseika Group of Japan.

Ownership category

akta.pro rank

Product category

Industrial Organic Pigments & Dyes

NAICS

Synthetic Dye and Pigment Manufacturing (32513)

SIC

Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)

akta.pro primary industry

Pigments & Dyes (IMAEAHAJ)

akta.pro secondary industries

Textile, Leather & Paper Specialty Chemicals (IMAEABAM), Synthetic/Artificial Colorants (FD&C Dyes, Lake Pigments) (AFAJAEAC)

Keywords

• Organic pigments
• Phthalocyanine dyes
• Copper phthalocyanine pigments
• Quinacridone pigments
• Industrial colourants

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Pigment Sales: Lona Industries generates revenue through the manufacture and sale of organic pigments including Copper Phthalocyanine Blues, Greens, Quinacridones, and specialty pigments to industrial customers across coatings, plastics, inks, textiles, and other applications worldwide.
2. Catalyst Sales: Production and commercialization of THOXCAT ES sweetening catalyst for petroleum industries under CSIR-IIP-BPCL license, serving LPG and naphtha sweetening applications.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lona Industries manufactures and sells organic pigments and dyes based on Copper Phthalocyanine and Quinacridone chemistry, including Phthalocyanine Blues (PB 15:1-15:4), Phthalocyanine Greens (PG 7, PG 36), Quinacridone Reds and Violets (PR 122, PV 19), specialty Phthalocyanine dyes, and the THOXCAT ES petroleum sweetening catalyst. Products are sold directly to industrial customers in coatings, plastics, inks, textiles, automotive, and petroleum refining applications across global markets.

Product overview

Lona Industries is a manufacturer of organic pigments with a diversified portfolio spanning multiple product lines. The core offerings include Copper Phthalocyanine Crude (the foundational building block for all Phthalocyanine Blues and Greens), followed by downstream pigment products: full-range Copper Phthalocyanine Blues (PB 15:1 through PB 15:4), Phthalocyanine Greens (Green 7 and Green 36), and Quinacridone Reds/Violets (PR 122, PV 19). The company also produces specialty products including Phthalo Dyes (Lonogen Brilliant Blue GSL, Lonogen Brilliant Blue IBN 140), Other Phthalos (Aluminium Phthalocyanine, Cobalt Phthalocyanine, Metal-Free Phthalocyanine PB16), and Catalysts (THOXCAT ES for petroleum sweetening). All products are developed in line with international colourant regulations and tested for consistent quality across Coatings, Plastics, Inks, Textiles, and Rubber applications.

Differentiator

Problem solved

Functional benefit

Brands

• Lonogen: Phthalocyanine-based dyes including Lonogen Brilliant Blue GSL and Lonogen Brilliant Blue IBN 140.
• Lonacridone
• THOXCAT ES

Products and services

• Copper Phthalocyanine Crude (CPC) Copper Phthalocyanine (CPC) is the core building block for all Phthalocyanine Blues and Greens, serving as the precursor to pigments with consistent quality and international colourant regulation compliance for industrial pigment customers.
• Pigment Blue Full range of Copper Phthalocyanine Blue pigments (PB 15:1, PB 15:2, PB 15:3, PB 15:4) in both Alpha and Beta crystalline forms, known for brilliant shade and high tinting strength, sold to industrial formulators across coatings, plastics, inks, and textile applications.
• Pigment Green Phthalocyanine Green 7 and Green 36 pigments delivering bright green shades with outstanding light and weather fastness, marketed for automotive coatings and other demanding industrial applications.
• Quinacridones High-performance Quinacridone Reds (PR 122) and Quinacridone Violets (PV 19), sold under the Lonacridone brand (Lonacridone Pink, Lonacridone Pink 7071, Lonacridone Red BV 6065, Lonacridone Red BV 6063, Lonacridone Red BR), providing exceptional colour strength, heat stability up to 280°C, light fastness 7/8, and durability for automotive coatings, plastics, and high-grade inks.
• Phthalo Dyes Phthalocyanine-based dyes sold under the Lonogen brand (Lonogen Brilliant Blue GSL, Lonogen Brilliant Blue IBN 140) offering solubility, transparency, and brilliant shade strength, suitable for liquid inks, coatings, and specialised formulations where high transparency and intense colour are required.
• Other Phthalos (Specialty Phthalocyanines) Specialty phthalocyanine products comprising Aluminium Phthalocyanine (red-shifted blue tone with excellent lightfastness for plastics, inks, and speciality coatings), Cobalt Phthalocyanine (catalyst precursor and speciality pigment), and Metal-Free Phthalocyanine Blue (PB16) providing a heavy-metal-free bright shade with easy dispersibility and EU REACH registration 01-2119459341-42-0001.
• THOXCAT ES Sweetening Catalyst Cobalt phthalocyanine based THOXCAT ES sweetening catalyst for petroleum refineries, manufactured and commercialized by Lona Industries under license from CSIR-IIP-BPCL, used for sweetening of liquefied petroleum gas (LPG) and light straight run naphtha (LSRN).

Quantifiable outcome

• Light fastness rating of 7 out of 8 (1-8 scale) on Quinacridone Red BR
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Dainichiseika Group (DNS) of JapancoreStrategic or Co-development PartnerLona Industries partners with the Dainichiseika Group (DNS) of Japan, a global leader in colour chemistry since 1931. DNS brings decades of expertise in pigments, polymers, and functional materials with strong commitment to innovation, sustainability, and ESG values. Through this collaboration, Lona benefits from Japanese technical leadership and governance oversight, ensuring pigments and intermediates meet the highest global standards. Together focused on advancing technology, strengthening reliability, and creating long-term value for customers worldwide.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sun Chemical: Subsidiary of DIC and a leading global manufacturer of pigments and printing inks, with deep phthalocyanine expertise. Directly competes with Lona for ink and coatings customers across North America, Europe and Asia.
• DIC Corporation: Japanese colour-chemistry leader (parent of Dainichiseika) and one of the world's largest pigment producers. A direct peer in phthalocyanine pigments and quinacridones, and also Lona's strategic partner, making it the closest comparable for product overlap and customer base.
• Sudarshan Chemical Industries: India's largest pigment manufacturer with a broad organic and inorganic pigment portfolio serving coatings, plastics, inks, and textiles globally. Most directly comparable peer given similar Indian base, global B2B sales motion, and overlapping phthalocyanone/quinacridone offerings.
• Bodal Chemicals: Indian manufacturer of dyestuffs, dye intermediates and organic pigments including phthalocyanines and quinacridones. A direct regional peer with overlapping chemistry, product lines and export-oriented sales model.
• Cathay Industries: Global pigment supplier with strong positions in iron oxide and selected organic pigments serving coatings, plastics and construction. Comparable in serving coatings and plastics customers globally, with overlap on certain colour ranges.
• Toyo Ink (Toyo Color): Japanese pigment and ink manufacturer producing organic pigments including phthalocyanines for printing inks and coatings. Comparable given similar chemistry focus and Japanese technical heritage overlapping with Lona's Dainichiseika partnership.
• Heubach Group: Global pigment manufacturer (formed via combination of Clariant Colour and Heubach) producing organic and inorganic pigments including phthalocyanines for coatings, plastics and inks. Direct competitor in the high-performance organic pigment segment.

Regional players

• Atul Ltd: Diversified Indian specialty-chemical company producing pigments, intermediates, and performance chemicals. A regional comparable with similar India-based manufacturing footprint and B2B sales model across multiple end-markets.

Broad incumbents

• Clariant (colour business legacy): Swiss specialty-chemical major whose pigment operations were combined into Heubach; historically a benchmark for high-performance organic pigments. Remains relevant as a broad incumbent reference point for product positioning in automotive and industrial coatings.
• BASF (Colors & Effects): BASF's pigments business offers a comprehensive portfolio of organic and inorganic pigments globally. As a broad incumbent with extensive R&D and regulatory resources, it sets the competitive benchmark Lona is measured against in automotive and industrial coatings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lona-industries

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lona Industries