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Vipul Organics develops organic intermediate to be used by auto industry
Industry News- Aug 08,24
The application of this specialty chemical will lead to better durability and performance of the shock absorbers and bumper extensions by adding on a compound that is resistant to wear and impact.
Vipul Organics Limited, the BSE listed (VIPULORG / 530627) leading specialty chemicals company in the pigments and dyes segment, announced the development of a refined grade of organic intermediate for manufacturing specialty chemical to be finally used for the automobile industry. Used in auto parts such as shock absorbers and bumper extension, this refined developed compound is the result of ceaseless work by Vipul Organics’ inhouse R&D team, which worked for over a year to perfect this.
The application of this specialty chemical will lead to better durability and performance of the shock absorbers and bumper extensions by adding on a compound that is resistant to wear and impact.
Vipul Organics Limited has been a leader in the dyes and pigments industry for over 50 years. Its ongoing commitment to research and development has positioned it at the forefront of innovation and customer centricity. With significant and sustained R&D investments, the company consistently delivers high-quality products and effectively addresses client challenges. Its latest innovation, the development of an organic intermediate, underscores the success of its R&D efforts.
“Over the last 2 years, we at Vipul Organics have been focusing on moving up the value chain in the pigment and dyes industry by introducing new value-added products. The development of the new organic intermediary by our R&D team opens up a whole new segment for us”, says Vipul Shah, CMD, Vipul Organics Limited.
“The size and scale of the Auto sector is huge and we are excited that our new product when used to formulate the specialty chemical will significantly add not only to our topline but also our bottom-line in the coming years”, he adds.
The product samples of the specialty chemical are already with suppliers to the top auto companies across the world and it is undergoing final testing and approval by the auto industry. The initial response of the industry is heartening and once the approvals are in place, the company is expecting the orders to flow in.
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