Tanfac Industries Secures ₹2,362 Crore Contract for Fluorinated Chemicals
Filing Summary
Tanfac Industries Limited has signed a long-term supply contract with a Japanese customer for fluorinated chemicals. The agreement, effective from January 1, 2027, involves the supply of 7,500 metric tonnes annually, valued at ₹337.5 crore per year, with a total contract value of approximately ₹2,362 crore over seven years. This contract provides Tanfac with long-term revenue visibility and aligns with its strategy to expand its fluorinated chemicals portfolio. Tanfac is a joint sector company promoted by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation.
Tanfac Industries Limited has entered into a long-term supply contract with a Japanese customer for the provision of fluorinated chemicals. The contract stipulates the supply of 7,500 metric tonnes per annum, with an estimated annual value of ₹337.5 crore. The aggregate value of the contract over a seven-year period is approximately ₹2,362 crore. The agreement will commence on January 1, 2027.
This contract provides Tanfac Industries with committed volumes, ensuring long-term revenue visibility. The agreement is part of the company’s strategy to enhance its domestic and export portfolio in the fluorinated chemicals market. The contract represents 37.5% of the recently announced fluorinated chemical plant capacity.
The Managing Director of Tanfac Industries, Mr. Afzal Malkani, noted that the contract reflects the confidence placed in the company’s manufacturing capabilities and quality standards. The long-term structure of the agreement is intended to provide revenue stability.
Tanfac Industries Limited is a joint sector company promoted by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation. The company manufactures hydrofluoric acid and its derivatives, operating from its facilities at SIPCOT Industrial Estate, Cuddalore. Tanfac follows internationally recognized safety systems and holds certifications under ISO 9001, ISO 14001, and OHSAS 18001 standards.