The Company was incorporated on 22nd January, 1985 as a Public Limited
Company. A low-profile Company, Haryana, Leather Chemicals (HLCL) was
promoted by HSIDC and N. K. Jain. It went public in 1988 to raise
funds for the manufacture of Leather Finishing Chemicals and Fat
Liquor. These are used in treating leather goods and importing
properties such as water-resistance and softness, besides rendering
a polished look.
HLCL had entered into a technical collaboration with ICAP Industria
Chemica SPA Italy (for finishing chemicals) and A. Smit & Zoon B V
Holland (for Fat Liquors) both internationally wellknown parties.
The Company after successfully establishing itself in the field of
leather chemicals, embarked upon expansion into various other
products for leather as well as other industries like Cross-Linking
High Resistance Acrylic Binders and Retanning Agents, Special Touch
Modifiers, Acrylic Finishes, Acrylic Adhesives Solvent and water
-Company has recommended final dividend @ 5%.