Mumbai, June 17 (UNI) Vipul Organics Limited, the leading specialty chemicals company in the pigments and dyes segment, announced on Tuesday that it has received the final approval and the first commercial order for a newly developed organic intermediate to be finally used in the automobile industry, marking a strategic expansion into a new product category and new industry vertical.

Following a rigorous approval process that spanned over 18 months, after an initial trial shipment exported, the first commercial order has now been confirmed. The fulfilment of the order would be done as per the schedule provided by the strategic customer, said a release here.

The product, a specialty organic intermediate developed in-house by the R&D team of the company, will be ultimately used in formulating intermediate which is critical in manufacturing the automotive components such as shock absorbers and bumper extensions.

"Developed and perfected over the last three years, the specialty compound produced from our intermediate product significantly enhances durability, impact resistance and wear tolerance of the auto parts it is applied to.

This is a landmark moment for Vipul Organics,” said Vipul P Shah, managing director, Vipul Organics Limited.

“Our R&D team has worked relentlessly for developing this compound. Receiving approval for the final product in automobile industry which is made with our intermediate underscores our capability to innovate and deliver to world-class standards," he added.

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