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Surat-based Anupam Rasayan has received and signed a letter of intent (LOI) amounting to Rs 135 crore with a Japanese multinational chemical company for supplying a life sciences related speciality chemical product.
The company will enter into a long-term contract with the Japanese multinational firm for the next four years to supply this life science-related speciality chemical product.
Speaking about the order, Anand Desai, MD, Anupam Rasayan, said, “This order will further strengthen our revenue and profitability visibility and also showcases the quality of the product allowing the customer to depend upon the company on a long-term basis making Anupam Rasayan, a preferred partner for these MNCs.”
The speciality chemicals major is manufacturing products for over 66 domestic and international customers, including 24 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.