The Custom Manufactured Chemicals Division of Chemplast Sanmar Limited has signed a Letter of Intent (LOI) with a global agrochemical innovator to manufacture a new pipeline Active Ingredient (AI).
- The LOI spans a 5-year period, and commercial supplies of the new product are expected to commence in CY 2025.
- The product will be manufactured in a recently commissioned production block.
- This marks a significant milestone for Chemplast Sanmar as it’s the first time they will be involved in the manufacture of an AI.
- It is the third LOI signed by the company in the past 12 months, indicating customer confidence in their research and development capabilities.
- The Custom Manufactured Chemicals Division specializes in manufacturing advanced intermediates for agrochemical, pharmaceutical, and fine chemical innovators.
- The division is well-equipped with state-of-the-art production blocks, Pilot, and R&D facilities, allowing them to handle a wide range of chemistries and processes.
- Chemplast Sanmar Limited is a part of the SHL Chemicals Group and is known for producing a range of specialty chemicals and other chemical products.
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