TANFAC Industries Ltd
Tanfac Industries Secures Major 7-Year Supply Deal Worth ₹2,362 Crore 💰📈
- Signed a 7-year supply contract for 7,500 metric tonnes/year of fluorinated chemicals, valued at ₹337.5 crore annually.
- Total contract value: ~₹2,362 crore over seven years.
- Represents 37.5% of Tanfac’s newly announced fluorinated chemical plant capacity.
- Effective from 1 January 2027, ensuring long-term revenue stability.
- Strengthens Tanfac’s domestic and export portfolio while enhancing earnings predictability.
- Managing Director Afzal Malkani notes the deal as a step toward global customer engagement.
- Tanfac is a JV between Anupam Rasayan India Ltd and Tamil Nadu Industrial Development Corp, specializing in hydrofluoric acid derivatives.