Ami Organics announces its foray into supply to Semiconductor Industry

Surat: Ami Organics Limited (BSE: 543349, NSE: AMIORG), a manufacturer of advance pharmaceutical intermediates and speciality chemicals, announced that board has approved acquisition of 55% partnership interest in Baba Fine Chemicals, a fine speciality chemicals company focused on custom synthesis and manufacturing of intermediates. This acquisition heralds AMI Organics’ foray into the high-entry-barrier semiconductor industry. 

AMI Organics has already developed two electrolyte additives used as Solid Electrolyte Interface in Lithium-lon-Batteries which are awaiting commercial orders from its customers. This agreement gives AMI access to the complementing products of Baba Fine Chemicals that are also focused on the electronic industry, mainly semiconductors. DeshGujarat