Punjab Chemicals to Commercialize New Products for Export Market
Punjab Chemicals and Crop Protection Ltd., a leading Indian manufacturer and global supplier of agrochemicals and specialty chemicals, has signed 3 exclusive MOUs with overseas customers for high value agrochemical products & Intermediates. The company plans to invest approximately Rs. 60 crore to build two new manufacturing blocks at its existing site. This expansion aims to cater to increased demand of existing products, new product pipeline and commercialize new products catering to the Japanese and European markets. The company envisions sales from this segment scaling up to approximately Rs. 120 - 150 crore over the next two to three years. In addition, the company is actively scouting for a new site to support its growing operations and product pipeline.
Key Highlights
- Punjab Chemicals has signed 3 exclusive MOUs with overseas customers for high value agrochemical products & Intermediates.
- The company plans to invest approximately Rs. 60 crore to build two new manufacturing blocks.
- This expansion aims to cater to increased demand of existing products, new product pipeline and commercialize new products catering to the Japanese and European markets.
- The company envisions sales from this segment scaling up to approximately Rs. 120 - 150 crore over the next two to three years.
- Punjab Chemicals is actively scouting for a new site to support its growing operations and product pipeline.