Last Updated on November 8, 2025 by Author
TANFAC Industries Limited is pleased to announce its latest achievement in securing a significant contract for the supply of Solar Grade Diluted Hydrofluoric Acid to Kredence Electronics Materials India Private Limited, based in Vadodara.
The contract, which spans up to the financial year 2028-29, is valued at an estimated INR 732 Crores, exclusive of GST. The order will be executed over 3.5 years as per mutually agreed specifications between both parties. No additional capex is required for this.
Commenting on the development, Ravichandran N R, President & CFO, said, “We are delighted to secure this esteemed order, which demonstrates the continued trust reposed in TANFAC by leading industry partners. This achievement reaffirms our position as a vital player in the chemical manufacturing sector and supports our commitment to meeting the evolving needs of our customers with consistency and integrity.”
Tanfac Industries Ltd is a joint sector company promoted by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation (TIDCO) and is amongst the leading producers of Hydrofluoric Acid and its derivatives.
The manufacturing facilities are spread over 60 acres in the chemical complex of SIPCOT Industrial Estate, Cuddalore which is 20 KM South of Pondicherry and about 200 KM south of Chennai, India.
