Chiplun Fine Chemicals was originally incorporated as a Private Limited Company on February 25, 1982, under the name of Chiplun Fine Chemicals Private Ltd. Subsequently, the company was converted into a Public Limited Company pursuant to a Special Resolution passed by the members at its Extra Ordinary General Meeting held on August 18th, 1992. The Company received a Certificate of Change of Name from the Registrar of Companies, Maharashtra on March 23, 1993.The company came out with a public issue in March 1995. In 1995-96, the company entered the US market for exporting one of its products for which it received firm order indicating the annual requirement.
Business of the company:
The company was incorporated to purchase, sell, import, export, deal in wholesale and retail, supply, exchange, distribute, redistribute, process pack, store, size and manufacture Fine Chemicals.
The Company is presently engaged in the manufacture of DRUG IBUPROFEN at an installed capacity of 90 TPA. The company at its plant located at Lote Parshuram manufactures bulk drug ibuprofen with an installed capacity of 90 tpa.
Some of the important customers of the company are Aristo Pharmaceuticals, Cachet Pharmaceutical Pvt Ltd, Alkem, Hindustan Tablets, Galfa Laboratories, etc.