Patel Chem Specialities has signed an independent turnkey project service agreement with M/s J & H Pharma Consultants for the Indrad plant located in Talod, Gujarat. Total consideration paid for the purchase of the premises is Rs 45 crore.
As per the agreement, the M/s J & H Pharma Consultants is responsible for designing, engineering, procuring, constructing, and testing the project, and then handing it over to the company in a fully operational condition.
Patel Chem Specialities is one of the leading manufacturing companies in chemical based on caustic soda flaks, maize, methanol and manufacturing CMC, SSG and other types of similar material mainly used pharma, food and other chemical industries.