By: ICN Bureau
Last updated : October 17, 2022 10:43 pm
The company will supply life science related specialty chemicals for the next three years under the contract and these products will be manufactured in Anupam Rasayan's existing manufacturing facilities
Anupam Rasayan India Limited (ARIL), one of India’s leading custom synthesis & speciality chemical players, has signed two contracts with one of the leading European crop protection companies for supplying two new life science related specialty chemicals.
The company will supply these products for the next three years under the contract and these products will be manufactured in Anupam Rasayan's existing manufacturing facilities.
Speaking about the contract, Anand Desai, Managing Director, Anupam Rasayan said, “We are pleased to announce that we have signed two contracts with one of our top European customers. These contracts are in line with our strategy of increasing wallet share and deepening relationships with our existing customers. With these additions, the tally of the number of molecules with this MNC goes to six.
These products were conceptualised within three months and it took under 18 months from conceptualisation to commercialisation of these products. We were able to deliver these products in such a short period on urgent request of our customer. This further demonstrates our customer centricity as well as strong R&D capabilities.
"Moreover, both of these products were being manufactured in Europe. Now the customer has decided to source these products exclusively from Anupam. We are starting to see this trend of India being chosen as the preferred manufacturing base for strategic products presently being manufactured in Europe. We are working with a few more MNC clients and expect 20-25 niche products to be added in Anupam’s product portfolio in near term as part of Europe plus one strategy,” added Desai.
ARIL offers multistep synthesis and undertakes complex chemical reactions technologies, for a diverse base of Indian and global customers. The company is focussed on developing in- house innovative processes for manufacturing products requiring complex chemistries and achieving cost optimization.