The company has successfully developed Methyl salicylate using Flow Chemistry and successfully erected a Flow reactor at Jhagadia plant and expects to start production from Q3 FY23
APIC is a contract development and manufacturing organization (CDMO) that offers a wide range of services such as synthetic route design, pilot manufacturing, investigational medical manufacturing, and commercial production, by making full use of integrated processes that combine organic synthesis technologies and biotechnologies it has cultivated over many years
The expansion at CDMO facility in South Haven, will bring a new 4,000-gallon multi-use reactor train consisting of glass lined and stainless-steel materials of construction
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Evonik's six innovation growth fields are: Sustainable nutrition, healthcare solutions, advanced food ingredients, membranes, cosmetic solutions, and additive manufacturing
A growing portfolio of chemicals is part of a larger quality management system that sets new standards in bioprocessing
The capex during the last nine months has been around Rs 110 crores which is all funded through internal accruals
Drugs and pharmaceuticals were among the top eight export items in H1FY22, according to a Care Ratings report.
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The company aims to continue its expansion via organic and inorganic routes to increase production capacity and product portfolio
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