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The suppy of polymer will commence from current year 2023-24. This product will be manufactured in the firm’s existing and new multipurpose manufacturing facilities.
Anand Desai, managing director of Anupam Rasayan, said, “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.”
Anupam Rasayan India is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India. Its business verticals are life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.
The company’s consolidated net profit shed 2.1% to Rs 40.69 crore on 0.2% decrease in total revenue from operations to Rs 392.15 crore in Q2 FY24 over Q2 FY23.
Shares of Anupam Rasayan shed 0.31% to Rs 1,004 on the BSE.
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