FLUORO-SPECIALTY CHEMICAL
Only 5 players in India manufacture FLUORO-SPECIALTY CHEMICALS
Of them,3 are Established Players
1.Navin Fluorine(40% of Revenue)
2.SRF(28-30%)
3.GFL(12-15%)
2 NEW PLAYERS(Revenues to accure from FY 23 onwards)
1.Anupam Rasayan
2.Laxmi Organics
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Only 5 players in India manufacture FLUORO-SPECIALTY CHEMICALS
Of them,3 are Established Players
1.Navin Fluorine(40% of Revenue)
2.SRF(28-30%)
3.GFL(12-15%)
2 NEW PLAYERS(Revenues to accure from FY 23 onwards)
1.Anupam Rasayan
2.Laxmi Organics
๐งต
1.
What are Fluoro-Specialty Chemicals ?
Fluoro-Specialties,a range of INTERMEDIATE PRODUCTS that form part of Final Agro-Chemicals,Pharma APIs and Other Industrial Chemicals etc.
Currently,upto 50% of all modern pharma molecules contain FLUORINE.
What are Fluoro-Specialty Chemicals ?
Fluoro-Specialties,a range of INTERMEDIATE PRODUCTS that form part of Final Agro-Chemicals,Pharma APIs and Other Industrial Chemicals etc.
Currently,upto 50% of all modern pharma molecules contain FLUORINE.
2.
TWO players entered to manufacture"FLUORO-SPECIALTY INTERMEDIATES".
Interesting is that,both new players(Anupam Rasayan and Laxmi Organics) used INORGANIC ACQUISITION ROUTES to enter into FLUORINE space because building organically Fluorine vertical may take many years.
TWO players entered to manufacture"FLUORO-SPECIALTY INTERMEDIATES".
Interesting is that,both new players(Anupam Rasayan and Laxmi Organics) used INORGANIC ACQUISITION ROUTES to enter into FLUORINE space because building organically Fluorine vertical may take many years.
3.
About ANUPAM RASAYAN :
Anupam rasayan acquired 25% stake in Tanfac Industries to enter into Fluorine space.
Tanfac manufactures Raw materials and intermediates, which are used by Anupam Rasayan to manufacture "ADVANCED FLUORO-SPECIALTY INTERMEDIATES "
About ANUPAM RASAYAN :
Anupam rasayan acquired 25% stake in Tanfac Industries to enter into Fluorine space.
Tanfac manufactures Raw materials and intermediates, which are used by Anupam Rasayan to manufacture "ADVANCED FLUORO-SPECIALTY INTERMEDIATES "
4.
So for Anupam Rasyan,Tanfac is a backward integration where it can obtain raw materials(HF and KF)
Total Targeted Addressable market size for Anupam Rasayan will be $5bn
Initially,Anupam Rasayan expects Revenue potential to the extent of $220-260million
So for Anupam Rasyan,Tanfac is a backward integration where it can obtain raw materials(HF and KF)
Total Targeted Addressable market size for Anupam Rasayan will be $5bn
Initially,Anupam Rasayan expects Revenue potential to the extent of $220-260million
5.
Anupam Rasayan in its(Q1-FY 23 Earnings Call) said it has identified 14 Fluoro-Specialty Intermediate products,out of which 7 products tobe launched in FY 23.
So we can expect 1st time revenue from Fluoro-Specialty products to be received by Anupam is in FY 23.
Anupam Rasayan in its(Q1-FY 23 Earnings Call) said it has identified 14 Fluoro-Specialty Intermediate products,out of which 7 products tobe launched in FY 23.
So we can expect 1st time revenue from Fluoro-Specialty products to be received by Anupam is in FY 23.
6.
ABOUT LAXMI ORGANICS
Laxmi Organics also entered entered Fluoro-Specailty space through Inorganic Acquisition route(Acquired Company Miteni of Italy)
Laxmi Organics also expects First Sales revenue from Fluoro-Specialty Intermediates products in FY 23
( Q1-FY 23 Earnings call)
ABOUT LAXMI ORGANICS
Laxmi Organics also entered entered Fluoro-Specailty space through Inorganic Acquisition route(Acquired Company Miteni of Italy)
Laxmi Organics also expects First Sales revenue from Fluoro-Specialty Intermediates products in FY 23
( Q1-FY 23 Earnings call)
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