Latest news with #VipulOrganicsLimited
Fibre2Fashion
14 hours ago
- Business
- Fibre2Fashion
Vipul Organics sets up membrane R&D and production hub in Gujarat
Vipul Organics Limited, (BSE: VIPULORG / 530627) the leading Specialty Chemicals company in the pigments and dyes segment, announces its strategic expansion into Membrane Manufacturing. This marks a significant step forward in the company's focus on innovation, sustainability, and diversification. Membrane Technology is central to modern Industrial Operations and is widely used in water and wastewater treatment, food and beverage processing, pharmaceuticals, and industrial filtration. With the growing global focus on clean water access, resource recovery, and environmental compliance, membranes become essential in enabling efficient, reliable, and scalable solutions. Vipul Organics Ltd is entering membrane manufacturing to diversify and drive sustainable growth. Led by Dr. Vatsal Shah, the new Saykha, Gujarat facility will focus on advanced R&D and production for Indian and global markets. This move aligns with rising demand in water treatment and supports the company's vision for innovation and environmental responsibility. As per Fortune Business Insights the global water and wastewater treatment market size was valued at USD 323.32 billion in 2023 and is projected to grow from USD 346.41 billion in 2024 to USD 617.81 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period. According to Market Research Future, India Water Treatment Market Size was valued at USD 2.30 Billion in 2024. The Water Treatment industry is projected to grow from USD 2.54 Billion in 2025 to USD 6.30 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 10.60% during the forecast period (2025 - 2034) 'Membranes represent a natural progression of our commitment to future-ready, sustainable solutions. This move builds on our core strengths in specialty chemicals and our experience with zero-liquid discharge technologies. As industries shift toward circularity and lower water footprints, we see membrane technology as a key enabler and a vital part of our vision for responsible growth,' says Mr. Vipul P Shah, Managing Director, Vipul Organics Limited . This venture is led by the younger son of Mr. Vipul Shah, Dr. Vatsal Shah. Vatsal is a PhD in Membrane Technology from Imperial College, London. Under Vatsal's leadership, Vipul Organics is building a separate facility at its greenfield project at Saykha, Gujarat. This will be an independent unit at Sayakha focused entirely on membrane development and production and will have advanced R&D, engineering, and manufacturing functions. This facility will produce membrane solutions tailored for both Indian and international markets. By entering the membrane segment, Vipul Organics is creating a platform that complements its core strengths while opening a new trajectory for growth. It is a calculated move aimed at derisking the business, broadening its technology base, and aligning with the evolving needs of global industry. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
Business Upturn
17-06-2025
- Automotive
- Business Upturn
Vipul Organics receives first commercial order for newly developed automotive organic intermediate
By Aditya Bhagchandani Published on June 17, 2025, 10:49 IST Vipul Organics Limited has secured its first commercial order for a newly developed organic intermediate intended for final use in the automobile industry. This marks the company's strategic entry into a new product category and a significant industry segment beyond its traditional focus on dyes and pigments. According to the company's announcement on June 17, 2025, the breakthrough comes after an 18-month approval process that followed an initial trial shipment. The new product, developed by Vipul Organics' in-house R&D team, is a specialty organic intermediate used in the manufacturing of key automotive components such as shock absorbers and bumper extensions. Vipul P. Shah, Managing Director of Vipul Organics, commented, 'Receiving approval for the final product in the automobile industry underscores our capability to innovate and deliver to world-class standards. This development not only adds a high-value product to our portfolio but also marks our entry into a completely new industry segment.' The compound significantly enhances durability, impact resistance, and wear tolerance of auto parts. Vipul Organics expects increasing demand for this compound, opening up a robust revenue stream in the automotive sector. With over five decades in the chemical industry and a global presence across 45 countries, Vipul Organics closed FY25 with revenues of Rs 163 crore. The company continues to invest in R&D to expand its footprint in high-performance chemical applications. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
