Anupam Rasayan India Ltd. (NSE: ANURAS, BSE: 543275), a leading player in custom synthesis and specialty chemicals, has announced the signing of a Letter of Intent (LOI) with a prominent US multinational corporation (MNC), a global leader in science and innovation. The agreement will see Anupam Rasayan supply a high-performance specialty chemical used in critical polymer applications, primarily in sectors such as defense and aeronautics.
The supply arrangement, which will span the next 10 years, is expected to generate cumulative sales of approximately $195 million (INR 1,697 crore). The product will be manufactured at Anupam Rasayan’s existing facilities, further expanding its capabilities in providing advanced, tailor-made chemical solutions for high-demand industrial applications.
Gopal Agrawal, CEO of Anupam Rasayan, expressed his enthusiasm about the collaboration, stating, “We are honored to partner with a global pioneer in innovation and technology. This LOI highlights our ability to deliver specialized chemical solutions for critical polymer applications. After three years of intense product development, trials, and validation, we are confident that this specialty chemical will meet the highest industry standards. It will play a vital role in enhancing performance and ensuring safety, particularly in challenging conditions.”
The deal marks an important step for Anupam Rasayan in diversifying its portfolio into a strategic and high-value market segment, aligned with the company’s growth strategy. The product will contribute to the company’s expanding footprint in the global specialty chemicals sector, strengthening its position in both domestic and international markets.
About Anupam Rasayan India Ltd.
Founded in 1984, Anupam Rasayan India Ltd. is a leading player in the custom synthesis and manufacturing of specialty chemicals. The company operates in two main verticals: Life Science-related Specialty Chemicals (covering Agrochemicals, Personal Care, and Pharmaceuticals) and Other Specialty Chemicals (including Specialty Pigments, Dyes, and Polymer Additives). Anupam Rasayan serves over 71 customers globally, including 31 multinational corporations.
This strategic partnership with a global MNC is expected to accelerate Anupam Rasayan’s growth trajectory and further solidify its position as a leader in the specialty chemicals market.
