Jubilant Ingrevia’s Subsidiary Secures $300M Contract for Agro Intermediate Production

Jubilant Ingrevia Limited announced that its wholly-owned subsidiary, Jubilant Agro Sciences Limited (JASL), has entered into a strategic agreement with a prominent agrochemical company to manufacture an agro intermediate for one of the key agro-actives of the customer. The customer, a multibillion-dollar company, is a leading global player in the agrochemical industry. This contract manufacturing arrangement will enable JASL to leverage its advanced manufacturing capabilities, while the customer brings its technological expertise and extensive distribution network to the table.

Under the terms of the agreement, the manufactured agro intermediate will be exported from India to meet the customer’s global requirements. JASL will invest in setting up the manufacturing facility to produce and supply the agro intermediate. The overall revenue expected from this agreement is around USD 300 million, which will be generated over the next few years after production begins. This partnership not only represents a significant revenue opportunity but also strengthens JASL’s position in the agrochemical space.

The scope of the agreement includes the manufacture and supply of the agro intermediate, aligning JASL’s manufacturing expertise with the customer’s technological know-how of key agro intermediates and actives. This synergistic relationship is expected to enhance both parties’ capabilities and global market reach.

Jubilant Ingrevia Limited, the parent company of JASL, has revenue of USD 500 million and is well-regarded in the speciality chemicals and life sciences industry. The company’s diversification into agrosciences through this agreement with a leading agrochemical innovator underscores its commitment to expanding its market presence.

Additionally, a Mutual Confidentiality Agreement (CDA) has been executed between JASL and the customer.

About Jubilant Ingrevia Limited

Jubilant Ingrevia is a global provider of integrated life science products and innovative solutions, catering to the pharmaceutical, nutrition, agrochemical, consumer, and industrial sectors. The company delivers customised, cost-effective solutions that meet high-quality standards. Additionally, Jubilant Ingrevia offers exclusive custom research and manufacturing services for pharmaceutical and agrochemical clients.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.