ARCHEAN CHEMICAL INDUSTRIES LIMITED IPO – Research Report

Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. Company is the largest exporter of bromine and industrial salt by volume in India in Fiscal 2021.

Its marinechemicals business is predominately conducted on a business-to-business basis both in India and internationally. The key geographies to which it export its’ products include China, Japan, South Korea, Qatar, Belgium and the Netherlands. As of June 30, 2022, company marketed its products to 18 global customers in 13 countries and to 24 domestic customers.