The Custom Manufactured Chemicals Division of Chemplast Sanmar has recently signed a Letter of Intent (LoI) with a global agrochemical innovator to manufacture an advanced intermediate for a new pipeline Active Ingredient (AI). The LoI covers a period of 5 years. Commercial supplies are expected to start from CY2025. This will be manufactured in the Phase 2 of its new multi-purpose production block which is on track for commissioning in Q1 FY '25.
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