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

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

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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.