Plastichemix Industries was founded in the year 1977 by Samir Sheth in the city of Vadodara, in Western India. Plastichemix is one of the oldest masterbatch producers in India. From its origin as a small company employing 3-4 workers and a plant of 300 tons/year, it has grown to a production capacity of 24000 MT per annum, and employs over 250 people. It has four manufacturing plants near Vadodara. For a brief period in the late 1990’s, Plastichemix was a joint venture with Ciba Specialty Chemicals, Switzerland.