Anupam Rasayan Inks Deal With Japanese Multinational Valued At Rs 743 Cr
Anupam Rasayan, a major player in India's custom synthesis and specialty chemical sector, has marked a significant milestone by signing a Letter of Intent (LOI) with a prominent Japanese multinational. The LOI, valued at approximately USD 90 million (Rs 743 crores) over the next seven years, solidifies Anupam Rasayan's foothold in the global market and underscores its prowess in delivering specialised chemical solutions.
Under the terms of the agreement, Anupam Rasayan will supply two advanced intermediates utilising fluorination chemistry to its Japanese counterpart. These crucial molecules, with applications spanning pharmaceuticals and engineering fluids, will be manufactured in Anupam Rasayan's existing facilities as well as its upcoming fluorination plants.
Anand Desai, Managing Director of Anupam Rasayan, expressed his enthusiasm regarding the LOI, stating, "We are delighted to announce the signing of a Letter of Intent with one of the leading players in Fluorochemicals from Japan. Anupam Rasayan is set to become the first company in India to produce these pivotal molecules domestically, showcasing our commitment to innovation and excellence."
Desai further emphasised the strategic significance of this agreement, highlighting its role in expanding Anupam Rasayan's customer base and reinforcing its reputation as a reliable partner in the Japanese market. He credited the company's Business Development Team for their adeptness in fostering strong relationships and creating opportunities that align with the company's global expansion objectives.
Anupam Rasayan (ARIL) stands as a cornerstone in the specialty chemicals landscape, offering custom synthesis and manufacturing solutions since its inception in 1984. With a focus on life science-related specialty chemicals and other specialised polymer additives, ARIL serves a diverse clientele spanning across India and the globe.
Operating from six state-of-the-art manufacturing facilities in Gujarat, India, ARIL boasts an aggregate installed capacity of approximately 27,000 MT. The company's commitment to technological innovation and customer-centric approach has earned it partnerships with over 73 domestic and international clients, including 29 multinational corporations.
As Anupam Rasayan embarks on this transformative journey with its Japanese counterpart, the company reaffirms its dedication to pushing the boundaries of excellence in the specialty chemicals domain while contributing to India's prominence in the global chemical industry.
