The updated agreement specifies volume and pricing details for the first two products
Aether Industries Limited has taken a significant step forward in its collaboration with Baker Hughes by executing an amendment to their Strategic Supply Agreement, originally signed on June 25, 2024.
The amendment was formalized on January 7, 2025, with the final agreement received on January 15, 2025.
The updated agreement specifies volume and pricing details for the first two products, exclusively manufactured for Baker Hughes by Aether's 100% wholly owned subsidiary, Aether Specialty Chemicals Limited. This exclusive manufacturing initiative leverages the advanced capabilities of Aether Specialty Chemicals, supported by its newly operational Site 4, designed to meet the contract's requirements.
The amendment marks the commencement of commercialization activities at Site 4, a state-of-the-art facility that underscores Aether's commitment to providing innovative chemical solutions tailored for global partners. This development is a testament to Aether's manufacturing excellence and its dedication to building long-term strategic alliances.
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