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Atul signs contract with Stamicarbon BV

This article was posted on Jun 2, 2008 and is filed under Press Releases

Atul Ltd – one of India’s leading specialty chemicals companies – and Stamicarbon B.V, The Netherlands – the DSM Licensing Center (DLC) – have signed a long term contract for exclusive manufacture and supply of a polymer performance additive based on Phosgene Chemistry. Stamicarbon has patented the application of this specialty/performance chemical for use in polyamides. Atul has established the manufacturing process based on initial guidelines given by Stamicarbon.

Phosgene chemistry is a core competency of Atul’s Pharmaceuticals & Intermediates division. Atul will manufacture the specialty chemical and DSM will market it worldwide under their brand. The sales are expected to grow steadily over the next few years and are very promising.

While commenting on this association Mr Jagdish Shah, Executive Director, Atul Ltd said, “This is a very important milestone in Atul’s quest towards becoming a leading supplier of phosgene-based chemicals. Association with Stamicarbon will certainly boost the sales in a significant way.” He further added that, DSM has proposed to strengthen the relationship with Atul with more custom synthesis and the development work already starting in 2008.

Sourced From: Madison Public Relations

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