Asha Penn Color Pvt. Ltd. (APC), Mumbai, India, is a manufacturer of Pigment Dispersions and Color Concentrates. It is a Joint Venture between Asha Dispersions Pvt. Ltd. of Mumbai, India, a member of the Asha Group of Companies, and Penn Color Inc. of Doylestown, PA, USA. The company is a major manufacturer of Pigmented Chips for Dispersions and Liquid Dispersions for Printing Inks, Automotive Paint, Wood Lacquer, Digital and Cosmetic based on various resins. Asha Group, founded in 1968, has manufacturing operations at Valsad, India for Ethylcellulose besides Distribution & Trading. Penn Color Inc., USA, founded in 1964, is a leading International supplier of Color Dispersions and Color Concentrates for the Plastics, Coating and Printing Inks Marketplace. APC’s manufacturing unit is located in Valsad, Gujarat. The Joint Venture permits product line growth and serves the expanding requirements of customers on a worldwide basis. The new company is supported by an independent Research & Development Centre in India, working in synergy with Penn Color’s Central Research laboratories in the US. The products are marketed under trade name “COLORPLUS”.
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