SI Group

Albany, United States Founded: 1906 • Age: 120 yrs Acquired By SK Capital
Performance additives and chemical intermediates are developed and manufactured.

About SI Group

SI Group is a company based in Albany (United States) founded in 1906, and was acquired by SK Capital in June 2018. Performance additives and chemical intermediates are developed and manufactured. The company has 183 employees. SI Group has completed 1 acquisition, including Ruckeraerospace. Its chief executive, as recorded, is Frank Bozich. Its website siigroup.com draws about 25 thousand monthly visits. Its Indian entity Si Group - India Private Limited reported revenue of β‚Ή653 Cr. SI Group offers products and services including Additive Solutions and Chemical Intermediates.

Company details

SI Group was founded in 1906 and is headquartered in Albany, United States. Performance additives and chemical intermediates are developed and manufactured for sectors including plastics, rubber, fuels, and pharmaceuticals. Solutions are provided to improve product quality, performance, and durability, along with process solutions and active pharmaceutical ingredients. Operations are structured around polymer and industrial business units, with safety and compliance integrated across all activities.

  • Headquarters Albany, United States
  • Employees 183
  • Stage Acquired
  • Email
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  • Phone
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  • Website siigroup.com
  • Social LinkedIn
  • Acquired by SK Capital (Jun 2018)
  • Legal Name Si Group - India Private Limited
  • Date of Incorporation 01 Jul, 1963
  • Jurisdiction Raigarh, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹653 Cr

    FY 2025 · -10% YoY

  • Indian entity net profit
    ₹44.69 Cr

    FY 2025 · 7% margin

  • Indian entity EBITDA
    ₹73.38 Cr

    FY 2025 · 11% margin

  • Investors
    HSBC

    & 5 more

  • Employee Count
    183
  • Investments & Acquisitions
  • Acquired by
    SK Capital

    (Jun 2018)

Products & Services of SI Group

SI Group offers a comprehensive portfolio of products and services, including Additive Solutions and Chemical Intermediates.

Additive Solutions
Chemical Products

Additive solutions for plastics and rubber are supplied to enhance performance and durability in various applications

Chemical Intermediates
Intermediate Chemicals

Chemical intermediates are offered for fuels, lubricants, and other industrial uses to support manufacturing processes

Funding Insights of SI Group

  • Total Rounds 1
  • Investors Count 5

All 1 funding rounds of SI Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018Debt – Conventional––
Valuation history

6 investors in total: 6 institutional.

Investors in SI Group

SI Group has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include HSBC, Deutsche Bank and Bank of America.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
A global private investment firm focused on specialty sectors.
skcapitalpartners.comNew York, United States
Universal banking and financial advisory services are provided globally.
1865hsbc.comLondon, United Kingdom
Legal services in energy, technology, intellectual property, and global projects.
bakerbotts.com
Commercial banking and asset management services are offered worldwide.
1904bankofamerica.comCharlotte, United States
Diversified banking and financial services are provided globally.
1870db.comFrankfurt Am Main, Germany
Financial services are provided to consumers and corporations worldwide.
2000jpmorganchase.comNew York, United States
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Investor details for SI Group

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Board of directors of Si Group - India Private Limited (SI Group)

Si Group - India Private Limited is the primary company behind SI Group. The board of Si Group - India Private Limited currently have 5 directors; the longest-serving is Suresh Varadarajan, appointed in 2017. 26 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Suresh Varadarajan
DIN 07698910
Managing Director12 Jan 20179 yrs 9 moSi Group - India Private Limited
Eric Howard Samuels
DIN 10060815
Director09 Mar 20233 yrs 7 moSi Group - India Private Limited
Sidney Christian Watts
DIN 10055851
Director09 Mar 20233 yrs 7 moSi Group - India Private Limited
Shawn Thomas Furner
DIN 10799147
Additional Director18 Dec 20241 yr 10 moSi Group - India Private Limited
Paul William Dils
DIN 11061164
Additional Director29 May 20251 yr 4 moSi Group - India Private Limited

People of SI Group

118 people are tracked at SI Group (55 in leadership, 63 in team); the tracked headcount is 183.

NameRoleGroup
CEO & PresidentLeadership
Sergio Palumbo
Sr. Sales Director, EMEALeadership
Stephane Verite
Senior Sales Director Industrial Solutions - EMEALeadership
David Lu
Vice President And Managing Director APACLeadership
Andrelino Costa Filho
Sales Director South AmericaLeadership
John Wabshall
DirectorLeadership
Hadi Alawami
Director Of OperationsLeadership
Paul Tilley
Sr Vice PresidentLeadership
Kara Novak
Senior Director-complianceLeadership
Stephanie Croteau
Director Of Fp&a - Polymer SolutionsLeadership
M.francis Boone
Director Of IT Infrastructure Services & OperationsLeadership
Jimmy Kuang
Legal & Compliance Head, APACLeadership
Lauren Lemoine
Sr. Talent Acquisition PartnerLeadership
Jean-Marc Imbert
Senior Director Product Management, Polymer SolutionsLeadership
David Bartkowski
Global Controller And Exec Director New Business DevelopmentLeadership
Varun Thakur
Market Development Director - Polyolefins & CompoundingLeadership
Marcel Ijland
Senior Director Sales EMEALeadership
Hemant M. Jadhav
Director Global Trade ComplianceLeadership
Sergio D. Martins
Director - IT Governance, Master Data & AnalyticsLeadership
Mukund Devanathan
Chief Information OfficerLeadership

98 more people are available in the full profile.

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Financials of SI Group

Figures of Si Group - India Private Limited, the primary company behind SI Group, for FY 2025. Revenue was ₹653 Cr (-10% year on year). Net profit was ₹44.69 Cr (7% margin). EBITDA was ₹73.38 Cr (11% margin). Revenue has grown at a compounded annual rate of -22% over three years.

  • ₹653 CrRevenue · FY 2025 · -10% YoY
  • ₹44.69 CrNet profit · 7% margin
  • ₹73.38 CrEBITDA · 11% margin
  • ₹41.21 CrPaid-up capital
  • 183Employees (provident fund records)
  • -22%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Si Group - India Private Limited are on its company page.

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Detailed financial statements for SI Group

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  • Downloads

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Investments & Acquisitions by SI Group

SI Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ruckeraerospace.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
ruckeraerospace.tcc.mode0Jan 2014β€’β€’β€’β€’
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Complete acquisition details for SI Group

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Timeline of SI Group

4 dated milestones of SI Group across 112 years, from founding to its latest funding, stage changes and deals.

  1. Founded SI Group is founded.
  2. Acquisition Acquires Ruckeraerospace.
  3. Funding First funding round.
  4. Exit Acquired by SK Capital.

Web traffic of SI Group

The website of SI Group (siigroup.com) receives about 25.3K visits a month.

  • Monthly visits
    25.3K

    ▲ 10.5% vs previous month

Similar websites

Websites whose visitors overlap most with SI Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
eastman.com
100%
124K#308,713View details
momentive.com
99%
57.2K#542,508View details
interplastic.com
88%
#5,190,577View details
ptm-w.com
84%
4.6K#4,054,535View details
dupont.com
83%
500.6K#103,299View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

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Related news about Si Group

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Complete news archive for SI Group

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Frequently Asked Questions about SI Group

SI Group was founded in 1906 and raised its 1st funding round 112 years after it was founded.

SI Group is headquartered in Albany, United States.

Frank Bozich is the CEO of SI Group, as recorded in our data.

SI Group has 183 employees.

The primary company behind SI Group, Si Group - India Private Limited, reported revenue of β‚Ή653 Cr for FY 2025, down 10% year on year.

SI Group was founded in 1906 and is headquartered in Albany, United States. Performance additives and chemical intermediates are developed and manufactured for sectors including plastics, rubber, fuels, and pharmaceuticals. Solutions are provided to improve product quality, performance, and durability, along with process solutions and active pharmaceutical ingredients. Operations are structured around polymer and industrial business units, with safety and compliance integrated across all activities.

SI Group offers Additive Solutions and Chemical Intermediates.

SI Group has made 1 acquisition, including Ruckeraerospace.

SI Group has 6 investors. Key investors include HSBC, Deutsche Bank, Bank of America, JPMorgan Chase, and Baker Botts.

SI Group operates through Si Group - India Private Limited.

Yes. SI Group was acquired by SK Capital in June 2018.

The legal entities of SI Group currently have 6 directors, including Suresh Varadarajan, Eric Howard Samuels, Sachin Manohar Anerao and others.

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