What Newkem does

Newkem is a privately held, Mumbai-headquartered industrial solutions group operating in India since 1953, organized under two entities: Newkem Products Corporation (NPC), the system-manufacturing establishment, and Newkem Engineers Pvt. Ltd (NEPL), the solution-providing arm. The company manufactures and applies passive fire protection systems, thermal and acoustic insulation, specialty coatings, and pre-engineered building (PEB) construction solutions. Core proprietary brands include THERMOLITE calcium silicate insulation, NULITE BD6 self-setting cement, NUKELITE exfoliated vermiculite, and NUKOKRETE lightweight concrete, complemented by exclusive licensee rights in the Indian Subcontinent for the ISOLATEK passive fire protection range (from Isolatek International, USA) and representation of Firespray International (UK) acoustic and fire-rated ductwork products. Newkem also distributes DuPont Tyvek building systems in India.

Name

Newkem

Legal name

Newkem

Website

https://newkem.com

Company type

Private

Founded year

1953

Operating status

Operating

Headcount range

101–250 employees

Short description

Newkem is a Mumbai-headquartered Indian specialty industrial firm, founded 1953, manufacturing and installing passive fire protection systems, thermal and acoustic insulation, specialty coatings, and pre-engineered building construction for petrochemical, nuclear, infrastructure, and commercial customers through proprietary brands and Isolatek, Firespray, and DuPont licensing.

Ownership category

akta.pro rank

Product category

Industrial Insulation and Fire Protection Materials

NAICS

Paint and Coating Manufacturing (325510), Chemical Manufacturing (325), Drywall and Insulation Contractors (238310)

SIC

Adhesives & Sealants (2891), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Fire & Smoke Dampers / Firestopping / Passive Fire Protection Services (BPABAHAE)

akta.pro secondary industries

Fireproofing & Intumescent Coatings (IMAIAKAH), Fire Protection Systems Contracting (Sprinklers, Alarms, Suppression) (IMAFALAD), Firestopping & Fire-Resistant Sealants (IMADAOAI)

Keywords

• Passive fire protection
• Industrial thermal insulation
• Specialty protective coatings
• Fire rated ductwork
• Pre-engineered buildings

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Product Sales: Sale of proprietary insulation, fire protection and coating products including THERMOLITE, NULITE, ISOLATEK range, DuPont building systems. Products are supplied to construction projects and through certified applicators.
2. Contracting and Installation Services: Turnkey insulation and fire protection installation services including design assistance, procurement, execution, project management, quality control and final audit/warranty for systems installed.
3. Civil and Construction Projects: Steel frame construction, pre-engineered buildings (PEB), civil-mechanical construction projects executed by the construction division.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Newkem manufactures and applies passive fire protection systems, thermal and acoustic insulation products, and specialty coatings for the construction and industrial sectors in India. The company provides turnkey solutions from design through installation, including proprietary products like THERMOLITE calcium silicate insulation, ISOLATEK fire protection sprays, and licensed DuPont building systems, serving customers in petrochemical, power, infrastructure, and commercial construction.

Product overview

Newkem offers a comprehensive portfolio of construction industry products and services organized into two main divisions: Newkem Products Corporation (NPC) for manufacturing and Newkem Engineers Pvt. Ltd (NEPL) for solutions. The product range includes Passive Fire Protection Systems (Vermiculite sprays including ISOLATEK® Types 300, 400, CP2, M-II; intumescent coatings including WB3/WB4/WB5; fire stopping products including Flamebar GFS 1000 and MANDOSEAL™; and Flamebar BW11 fire rated ductwork), Specialty Coatings (polyurea, polyaspartic, epoxy, polyurethane, water/corrosion protection, floor coatings), Acoustic Insulation (Audex System spray-applied coatings and Mandolex System vibration damping compounds), Thermal Insulation (THERMOLITE® Calcium Silicate, NULITE™ BD6, STRENNUS N2 covers), Vermiculite products (NUKELITE® exfoliated vermiculite, NUKOKRETE™ lightweight concrete), and DuPont™ Building Systems (Airguard®, CommercialWrap®, Tyvek® Subtex, Pond Liners, Zemdrain®). Services include hydrocarbon fire protection, industrial insulation, PEB & construction, specialty coatings, steel fire protection, and tunnel fire protection.

Differentiator

Problem solved

Functional benefit

Brands

• NUKELITE: Exfoliated Vermiculite product line - lightweight, environmentally friendly, non-combustible, compressible, highly absorbent, non-reactive functional filler
• NUKOKRETE
• NULITE
• THERMOLITE
• Flamebar BW11
• STRENNUS N2

Products and services

• THERMOLITE Calcium Silicate Insulation High temperature, lightweight, abuse resistant, asbestos-free calcium silicate industrial thermal insulation with reinforced fibres, available as rigid blocks, slabs, preformed pipe sections, beveled lags and powder. Service temperature up to 1100°C. For industrial insulation applications in power plants, petrochemical facilities, and process industries.
• ISOLATEK Type 300 Spray-Applied Fire Resistive Material Vermiculite and gypsum based SFRM providing up to 4 hours fire protection for steel and concrete frames, beams, columns, metal floor/roof decks and joists in commercial construction. For structural steel fire protection in buildings.
• ISOLATEK Type 400 Spray-Applied Fire Resistive Material Portland cement based medium density wet mix SFRM designed for structural steel fire protection in commercial and high-rise constructions, offering best fire resistance per unit thickness.
• ISOLATEK Type CP2 Spray-Applied Fire Resistive Material Single pack factory controlled portland cement based SFRM designed for fire protection of structural steel beams, columns, joists, steel floors and roof decks, providing attractive, monolithic, textured finish.
• ISOLATEK Type WB 3 & WB 4 Intumescent Coatings Water-based, VOC-Free intumescent coatings consisting of polyvinyl acetate resins and inorganic fillers for fire protection of structural steel, providing 30 to 240 minutes fire resistance ratings.
• ISOLATEK Type WB 5 Intumescent Coating Zero VOCs water-based intumescent coating representing a new generational breakthrough in intumescent technology, requiring substantially less material to meet fire resistance ratings for structural steel.
• ISOLATEK Type M-II Hydrocarbon Fire Resistive Coating Vermiculite-cement based hydrocarbon fire resistive coating (SFRM) for petrochemical industry, the most widely used fireproofing product for land-based oil, gas and petrochemical related industries. Tested to UL 1709 for up to 4 hours protection.
• Flamebar GFS 1000 Fire Stopping Mortar Single pack factory controlled premix fire stopping mortar based on gypsum plaster and vermiculite designed to stop spread of smoke and fire through openings in fire rated walls and floors. Tested up to 4 hours.
• ISOLATEK MANDOSEAL Spray-Applied Sealant Spray-applied vermiculite based non-combustible sealant developed for underground mining industry, composed of vermiculite aggregate, portland cement and selective ingredients for bonding to various materials.
• Flamebar BW11 Fire Rated Ductwork System Fire rated ductwork consisting of galvanised sheet steel sprayed with Flamebar BW11 water-based compound. Tested to BS 476 Part 24, ISO 6944 for ventilation, smoke duct and kitchen extract up to 4 hours.
• Audex System Spray-Applied Acoustic Coating Spray-applied acoustic coating system made from exfoliated vermiculite and Portland cement designed to improve sound reverberation in buildings. Available in Ultra (colorable) and Neutral (strong colors) options.
• Mandolex System Vibration Dampening Compound Vibration dampening compound with selective grading of inorganic material fillers in a polymeric binder, effective for suppressing vibration and vibration-generated noise. Has damping coefficient decay rate of 25 dB/sec at 3.1 kg/sqm.
• NULITE BD6 Self-Setting Insulating Cement Self-setting insulating cement mixture of hydraulic cement, chemically pure inert fillers and inorganic mineral fibers. Oil resistant, non-combustible with high flexural strength. Applied by hand or spray.
• STRENNUS N2 Insulation Covers Flexible, removable and reusable insulated jacket with high temperature resistant cloth. Tailor-made for required shapes with protection from -50°C to above 1000°C. Available in Grade 650 & 1000.
• NUKELITE Exfoliated Vermiculite Lightweight, environmentally friendly, non-combustible exfoliated vermiculite that is compressible, highly absorbent, non-reactive and compatible functional filler for industrial applications.
• NUKOKRETE Light Weight Concrete Lightweight insulating concrete dry premix consisting of vermiculite aggregate, portland cement and additives. Can be gunnited or trowel applied. Provides thermal insulation and reduces structural dead load.
• DuPont Airguard Reflective Air Leakage Barrier Reflective air leakage barrier (ALB) with metallised surface featuring very low emissivity. Provides thermal comfort by protection against heat loss and serves as efficient moisture management system for buildings.
• DuPont CommercialWrap Air and Water Barrier Air and water barrier composed of spun bonded polyethylene membrane with microscopic pores that resist bulk water and air penetration while allowing moisture vapor to pass through. UV resistant up to 270 days for commercial buildings.
• DuPont Tyvek Subtex Insulation System 100% recyclable, waterproof insulation system for commercial and industrial roofing and pre-engineered buildings, comprising synthetic polyester wool insulation blanket with high-density non-woven vapor breathable membrane.
• DuPont Pond Liners Double coated non-woven structure pond liners (Plantex and Xavan) with high tensile strength, tear and puncture resistance, chemically inert and resistant to root penetration.
• DuPont Zemdrain Controlled Permeability Formwork Liner Controlled permeability formwork liner providing dense skin for concrete structures to protect steel reinforcement and concrete core from aggressive elements.
• Hydrocarbon Fire Protection Services Comprehensive solutions for hydrocarbon fire protection for both offshore and onshore petrochemical facilities using ISOLATEK Type M-II system. For oil, gas, refinery and petrochemical operators.
• Industrial Insulation Services Turnkey thermal insulation solutions for hot, cold, cryogenic and dual insulation systems for pipelines, boilers, chemical storage vessels and Horton Spheres.
• PEB & Construction Services Steel frame, civil and mechanical construction projects including erection of steel structures, roof and wall sheeting, anti-corrosive coatings, and specialty floor coatings.
• Specialty Coatings Services Water and corrosion protection coatings, protective coatings (epoxy, polyurethane), floor coatings, bridge deck and tunnel waterproofing, and flame retardant coatings for wood.
• Steel Fire Protection Services Complete turnkey solutions for structural steel fire protection using wet spray systems, thin film intumescent coatings, dry spray systems, and rigid board fire protection.
• Tunnel Fire Protection Services Passive fire protection for tunnel linings using ISOLATEK Type M-II to prevent concrete spalling and structural steel weakening during tunnel fires.

Quantifiable outcome

• Up to 4 hours fire protection ratings achievable
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Isolatek International (USA)coreTechnology or IntegrationTechnical collaboration for passive fire protection systems. Newkem is the licensee manufacturer and certified trained applicator for Isolatek International in the Indian Subcontinent. Provides access to ISOLATEK range of vermiculite-based coatings, intumescent systems, and hydrocarbon fire protection products.
• Firespray International (UK)coreTechnology or IntegrationTechnical collaboration for acoustic insulation systems (Audex, Mandolex) and Flamebar BW11 fire rated ductwork system. Newkem represents Firespray's products in India.
• DuPont (India)coreChannel Partner/ Reseller/ DistributorBusiness Partner, Distributor and Authorized Applicator of DuPont Tyvek Insulation Systems, Dupont Airguard and Tyvek Weatherization Systems in India.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Isolatek International: US-based global leader in spray-applied fire resistive materials (SFRM) and intumescent coatings. Newkem is Isolatek's exclusive licensee in the Indian Subcontinent, so the two share product DNA, certification standards, and customer segments in petrochemical and commercial construction.
• Jotun: Norwegian global coatings major with strong passive fire protection (Jotachar) and protective coatings portfolio. Directly competes in hydrocarbon fire protection and structural steel coatings for oil & gas and infrastructure segments where Newkem also operates.
• Hempel Foundation: Global coatings supplier serving oil & gas, infrastructure, and industrial segments with protective, intumescent, and specialty coatings. Comparable to Newkem's Specialty Coatings division (epoxy, polyurethane, polyurea) and overlaps in hydrocarbon fire protection for petrochemical clients.
• Carboline: US-based manufacturer of fireproofing, intumescent, and corrosion protection coatings for industrial and commercial markets. Comparable to Newkem in hydrocarbon fire protection (similar to ISOLATEK M-II for petrochemical) and structural steel intumescent coatings.
• Promat (Etex Group): Global passive fire protection specialist offering fire-resistant boards, sprays, and ductwork systems. Comparable in passive fire protection product portfolio and project-based contracting in commercial/infrastructure segments; competes with Newkem's Fire Rated Ductwork and steel fire protection services.
• PPG Industries: Global paints and coatings leader with significant intumescent fire protection (PPG STEELGUARD) and protective coatings portfolio. Comparable in industrial fire protection and specialty coatings for petrochemical, infrastructure, and commercial construction segments.
• Saint-Gobain (India): Global building materials major with significant Indian insulation business (glasswool, mineral wool, calcium silicate) and construction chemicals. Comparable to Newkem's thermal insulation products (THERMOLITE calcium silicate) and broader construction materials offering in India.

Direct peers

• Nullifire (Tremco CPG): Specialty manufacturer of intumescent coatings and fire-stopping products serving construction and infrastructure. Directly comparable to Newkem's ISOLATEK WB3/WB4/WB5 intumescent range and Flamebar firestopping products, with overlapping UL/BS-certified offerings.

Regional players

• Asian Paints: India's largest decorative and industrial coatings company with growing presence in protective and specialty coatings. Comparable as a domestic India-headquartered coatings competitor with overlapping construction customer base, though Asian Paints is significantly larger and more diversified.
• Berger Paints India: Major Indian coatings manufacturer serving decorative, industrial, and protective segments. Comparable in protective coatings, floor coatings, and waterproofing products that compete with Newkem's Specialty Coatings services in India.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/newkem
• Facebookfacebook.com/newkem

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

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 Newkem