Clean Science & Technology IPO - Financial Performance Likely To Sustain - ICICI Direct
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ICICI Direct Report
Incorporated in 2003, Clean Science and Technology Ltd. manufactures critical specialty chemicals such as performance chemicals, pharmaceutical intermediates and FMCG chemicals.
The company’s products are used as key starting level materials, as inhibitors, or as additives, by customers, for products sold in regulated markets. Key customers include Bayer AG, SRF Ltd., Gennex Laboratories, Nutriad International NV and Vinati Organics Ltd.
It has two certified production facilities with a combined installed capacity of 29,900 MTPA in India strategically in Kurkumbh (Maharashtra), in close proximity to Jawaharlal Nehru Port Trust.
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