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On August 12, 2020 Chemplast was recognized as one of the 5,000 fastest-growing private companies in the United States in 2020.

Companies on the 2020 Inc. 5000 are ranked according to percentage revenue growth from 2016 through 2019. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies–as of December 31, 2019. (Since the period under review, some on the list may have gone public or been acquired.) Growth rates used to determine rankings were calculated to four decimal places. All honorees must pass Inc. editorial review.

This is the first time Chemplast has earned this honor.