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Tag: Anupam Rasayan

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Anupam Rasayan signs LOI with Prominent Japanese Multinational worth USD 90 Mn (INR 743 crores)

Apr 3, 2024 by Gayathri Pariti 0 Comments #Anupam Rasayan, #Japanese Multinational

Surat, April 03, 2024: Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & speciality chemical players, has signed Letter of Intent worth revenue of ~$90 Mn (₹743 crores) over next 7 years with one of the leading Japanese company to supply two advance intermediates using fluorination chemistry. These molecules will be manufactured in our existing as well as soon to be commercialised fluorination plants.

Speaking about the LOI, Anand Desai, Managing Director of Anupam Rasayan, said “We are pleased to announce the signing of a Letter of Intent (LOI) with one of the largest Japanese players in Fluorochemicals. Anupam will be the first company in India to manufacture these key molecules within the country, with applications in both the pharmaceutical as well as engineering fluids, the signing of LOI also marks the addition of this new marquee customer.

Our Business Development Team has demonstrated exceptional proficiency in creating opportunities that aligns with our global expansion goals by cultivating strong ties with our Japanese counterparts. This landmark LOI not only expands and diversifies our customer base but also solidifies our position in the Japanese markets as one of the most reliable partners for supplying specialized molecules to global majors.”

business

Anupam Rasayan signs Letter with one of the Leading Japanese Multi National Chemical Company

Dec 26, 2023 by Sujata 0 Comments #Anupam Rasayan, #Japanese Multi National Chemical Company, #Letter, #Surat

Anupam Rasayan signs a Letter of Intent worth $61 Million (₹507 crores) with one of the Leading Japanese Multi National Chemical Company

Surat, December 26, 2023: Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & speciality chemical players, has signed Letter of Intent worth revenue of $61 Mn (₹507 crores) for next 9 years with one of the leading Japanese Chemical company to supply new age polymer intermediate. The supply will commence in CY2024. This product will be manufactured in our existing and new multipurpose manufacturing facilities.

Speaking about the LOI, Anand Desai, Managing Director of Anupam Rasayan, said, “We are pleased to announce that we have signed the LOI with a renowned Japanese multinational, who we are excited to add in our customer portfolio to whom we will be supplying this new age polymer intermediate. This molecule will be utilised as an intermediate for thermoplastic polymers, which find usesin structural materials in aerospace industry, semiconductor process material, electrical & electronic devices, and high-performance industrial machinery. As we are fully backward integrated for this molecule, we can provide supply chain assurance to the customer without dependencies on supplies from other geographies. The signing of this LOI represents a significant milestone for us, further cementing our position as a trusted provider of high-end polymer intermediates. We are excited about the opportunities this partnership brings.”

business

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

Dec 15, 2021 by Gouri 0 Comments #Anupam Rasayan, #Japanese Multinational Chemical Company

Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & speciality chemical players, has signed long term binding contract worth Rs 1 35 crores with a Japanese multinational customer for supplying an existing life science-related speciality chemical. The company earlier signed LOI for this product with the same customer and now have entered into a long-term contract for the 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 companies. 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 enhancing 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.