Anupam Rasayan signs Two Long Term Contracts with one of the Leading European Crop Protection Company

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Surat, October 17, 2022: Anupam Rasayan (NSE, BSE: ANURAS), one of India’s leading custom synthesis & specialty 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. These products will be manufactured in our existing manufacturing facilities.

Speaking about the contract, Anand Desai, Managing Director of 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 6.

These products were conceptualized within 3 months and it took under 18 months from conceptualization to commercialization 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 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 a preferred manufacturing base for strategic products presently being manufactured in Europe. We are working with a few more MNC clients and expect 20 to 25 niche products to be added to Anupam’s product portfolio in the near term as part of Europe plus one strategy”

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