A-1 Ltd. Secures Mega 10,000-Tonne Nitric Acid Supply Deal

A-1 Ltd, formerly known as A-1 Acid, has entered into a tri-partite long-term supply agreement for the procurement and supply of 10,000 tonnes of concentrated nitric acid for industrial use.

The agreement, which will remain in force until March next year, also includes a provision for supplying additional quantities subject to mutual consent among the participating parties. Under the arrangement, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) will manufacture the concentrated nitric acid, while Solar Industries India and its group companies will be the end users.

The company stated that the long-term supply arrangement is intended to ensure a stable and reliable supply of concentrated nitric acid to meet ongoing industrial demand.

News by Rahul Yelligetti.