Specialty Chemicals company Vipul Organics Limited received its first commercial order for a newly developed organic intermediate, marking its entry into the automobile industry. The compound will be used in manufacturing components such as shock absorbers and bumper extensions, the company said.
The order follows an 18-month approval process, including trial shipments. The product, developed in-house over three years, aims to enhance durability and impact resistance of automotive parts.
The compound contributes to improved impact resistance, wear tolerance, and durability of shock absorbers and bumper extensions. This intermediate represents the company's shift toward high-performance applications and expands its portfolio beyond pigments and dyes into critical materials for industrial and mobility solutions.
Vipul P. Shah, Managing Director, noted this as a significant step in expanding the company’s product range and industry reach. “This is a landmark moment for Vipul Organics,” he said. The company expects the new compound to contribute to future revenue from the automotive segment.
Vipul Organics, listed on the BSE, operates manufacturing units in Maharashtra and is setting up a greenfield facility in Gujarat. It recorded ₹163 crore in revenue for FY25 and has a presence in over 45 countries. The company anticipates increasing demand for the new compound in the coming years.