Anupam Rasayan signs Long Term Contract worth Rs 135 Cr with Japanese Multinational Chemical Company

by Shrutee K

   

Surat, December 2021: Anupam Rasayan (NSE, BSE: ANURAS), one of India's leading custom synthesis  & speciality  chemical  player,  has  signed  long term  binding contract worth  Rs  1 35  crore  with Japanese multinational customer for supplying an existing life science related speciality chemical. The company earlier signed LOI for this product with same customer and now have entered into a long-term contract for next four years.

Speaking about the order, Anand Desai, Managing Director of Anupam Rasayan, said, "We are delighted to inform you that we have signed yet another long-term binding contract with one of the top global chemical company. This conversion of LOI into a long-term contract reinforces the capability of our company to be a preferred partner with some of the world's most marquee companies. We continue to work on expanding our chemistries and enhance the wallet share with our customers'

The speciality chemicals major is manufacturing products for over 66 domestic and international customers, including 23 multinational companies. The company has a long history of high customer retention and have been manufacturing products for select customers for over a decade. The company caters to a diverse base of Indian and global customers.

About Anupam Rasayan India Ltd. (ARIL): Anupam Rasayan India Ltd (ARJL) is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India. Incorporated in 1984, the speciality chemicals major has two verticals: Life science related Specialty Chemicals comprising products related to Agrochemicals, Personal Care and Pharmaceuticals, Other Specialty Chemicals comprising Specialty Pigment and Dyes, and Polymer Additives. The company operates via its six manufacturing facilities in Gujarat, India, with four facilities located at Sachin, Surat and two located at Jhaghadia, Bharuch with an aggregate installed capacity of 27,049 MT, as of September 30, 2021.

ARlL offers multistep synthesis and undertakes complex chemical reactions technologies, for a diverse base of Indian and global customers. The focus is developing in-house innovative processes for manufacturing products requiring complex chemistries and achieving cost optimization.