Clean Science & Technology IPO - De-Risked Business Model; Robust Financials: Motilal Oswal
An employee holds a glass flask in a research laboratory. (Photographer: Krisztian Bocsi/Bloomberg)

Clean Science & Technology IPO - De-Risked Business Model; Robust Financials: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Clean Science and Technology Ltd. is one of the leading global specialty chemical manufacturer, focused on developing green chemicals.

The company has created niche by developing clean-technology that uses non-toxic raw materials with lower effluents, leading to cost efficiencies. It has unique ability to produce through catalytic transformation (rare among Indian chemical companies) and is the only company globally to use vapor phase process for Anisole (used as a key raw material for all its other products).

The company also manufactures sulphur-free BHA (butylated hydroxy anisole) and sulphur-free DCC (Dicyclohexyl carbodiimide).

It has grown to be the largest manufacturer globally of MEHQ (mono methyl ether of hydroquinone) and BHA and second largest for AP (L-ascorbyl palmitate) under performance chemicals.

Click on the attachment to read the full report:

Motilal Oswal Clean Science IPO Note.pdf


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