Anupam Rasayan India announced the signing of two contracts with one of the leading European agrochemicals companies for supplying two new life science related specialty chemicals.
According to the contract, the company will provide these products for the next three years. These specialty chemicals will be produced at its current production facilities.
“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 relationship with our existing customers. With these additions, the tally of number of molecules with this MNC goes to 6,” said Anand Desai, managing director of Anupam Rasayan.
These products were developed in less than three months, and it took less than 18 months for them to reach the market. “We were able to deliver these products in such short period on urgent request of our customer,” the company said in a statement.
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 preferred manufacturing base for strategical products presently being manufactured in Europe. We are working with few more MNC clients and expect 20 to 25 niche products to be added in Anupam’s product portfolio in near term as of part of Europe plus one strategy,” it added.
Anupam Rasayan India is among the leading Indian companies involved in the production and custom synthesis of specialty chemicals. It has two business segments: life science-related speciality chemicals, which include agrochemicals, personal care, and pharmaceutical goods, as well as other specialty chemicals, which include specialised pigments and dyes, as well as polymer additives.