Astec Lifesciences has entered into an exclusive long term contract with a multinational company (MNC) to manufacture and supply a fungicide. The said project will come up at company's new site at Mahad in the state of Maharashtra.
Further, the company expects this development to contribute significantly to growth in terms of sales and profitability.
Astec LifeSciences is a producer of agrochemicals and pharmaceutical intermediates. The company manufactures a wide range of Agrochemical active ingredients and pharmaceutical intermediates.