Neogen Chemicals Limited, a front-runner in manufacturing Bromine-based and Lithium-based specialty chemicals, announced the successful completion of its preferential allotment. The company issued 14,42,358 equity shares at Rs. 1,754.07 per share, aggregating to a significant sum of approximately Rs. 253 crore. This strategic move involved high-quality institutional investors such as SBI Mutual Fund, Quant Mutual […]
Indian specialty chemicals manufacturer Neogen Chemicals has entered into an agreement with Japan-based MU Ionic Solutions Corporation for acquiring a manufacturing technology license for electrolytes in India. MU Ionic Solutions (MUIS) is a joint venture of Mitsubishi Chemical Corporation (MCC) and UBE Corporation and is part of Japanese conglomerate Mitsubishi Chemical Group. The company is […]
Neogen Chemicals, an Indian bromine, lithium-based specialty chemicals and advanced intermediates manufacturer, has agreed to acquire BuLi Chemicals India (BuLi Chem) from Livent, a US-based chemical manufacturer. The financial terms of the deal were not disclosed. BuLi Chem has a proprietary technology for manufacturing N Butyl Lithium and other organolithium products using lithium metal, which […]
