Aarti Industries signs INR 10,000 crore multi-year deal

 

Speciality chemical firm Aarti Industries Ltd said that it has signed a INR 10,000-crore multi- year exclusive supply contract with a global chemical conglomerate.

This contract entails supply of a high value speciality chemical intermediate over a period of 20 years.

Aarti Industries said it will invest $35-40 million to set up a dedicated large-scale manufacturing facility for the production of this speciality chemical intermediate.

banner4
Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com