About Next Polymers
Next Polymers is a company based in Mumbai (India) founded in 2006 was acquired by Celanese in October 2018. The company has 158 employees.
- Headquarter Mumbai, India
- Employees 158
- Website nextpolymers.co.in
- Acquired by Celanese (Oct 2018)
- Legal Name Celanese Materials India Limited
- Date of Incorporation 21 Aug, 2006
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Next Polymers
Next Polymers operates through Celanese Materials India Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Celanese Materials India Limited CIN U25209MH2006PLC163933 | Active | 21 Aug 2006 | Mumbai, Maharashtra | ₹490 Cr | 158 | 4 | View details |
Investors in Next Polymers
Next Polymers has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Celanese.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Special chemicals for industrial applications are developed by Celanese. | 1918 | celanese.com | Irving, United States |
Investor details for Next Polymers
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Board of directors of Celanese Materials India Limited (Next Polymers)
Celanese Materials India Limited is the primary company behind Next Polymers. The board of Celanese Materials India Limited currently have 4 directors; the longest-serving is Fengtao Li, appointed in 2019. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Fengtao Li DIN 07902777 | Director | 02 Jan 2019 | 7 yrs 9 mo | Celanese Materials India Limited |
| Anupam Jaiswal DIN 00263662 | Director | 28 Jun 2023 | 3 yrs 3 mo | Celanese Materials India Limited |
| Sanjay Chandrakant Koranne DIN 08390943 | Director | 26 Apr 2024 | 2 yrs 5 mo | Celanese Materials India Limited |
| Bhargavi Srigirisetty DIN 10687123 | Director | 28 Jun 2024 | 2 yrs 3 mo | Celanese Materials India Limited |
Financials of Next Polymers
Figures of Celanese Materials India Limited, the primary company behind Next Polymers, for FY 2025. Revenue was ₹490 Cr (+45% year on year). Net loss was -₹4.57 Cr (-1% margin). EBITDA was ₹3.03 Cr (1% margin). Revenue has grown at a compounded annual rate of +21% over three years and +23% over five years.
- ₹490 CrRevenue · FY 2025 · +45% YoY
- -₹4.57 CrNet loss · -1% margin
- ₹3.03 CrEBITDA · 1% margin
- ₹0.30 CrPaid-up capital
- 158Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Celanese Materials India Limited are on its company page.
Detailed financial statements for Next Polymers
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Timeline of Next Polymers
2 dated milestones of Next Polymers across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Next Polymers is founded.
- Exit Acquired by Celanese.
Latest news on Next Polymers
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Frequently Asked Questions about Next Polymers
Next Polymers was founded in 2006.
Next Polymers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Next Polymers has 158 employees.
The primary company behind Next Polymers, Celanese Materials India Limited, reported revenue of ₹490 Cr for FY 2025, up 45% year on year.
Next Polymers was established in 2006 in Mumbai, India, as a manufacturer in the polymers sector. Compounded polymers are produced for industrial uses, with operations centered on blending and processing raw materials into specialized formulations. The focus is placed on supplying these compounds to manufacturing and plastics industries. Geographic activities are based in India, and details are accessible via the domain nextpolymers.co.in.
Next Polymers has 1 investor. Key investors include Celanese.
Next Polymers operates through Celanese Materials India Limited.
Yes. Next Polymers was acquired by Celanese in October 2018.
The legal entities of Next Polymers currently have 4 directors, including Fengtao Li, Sanjay Chandrakant Koranne, Anupam Jaiswal and others.