Neogen Chemicals Limited

Neogen Chemicals Limited is an Indian specialty chemicals company that describes itself as one of the leading manufacturers of bromine-based and lithium-based specialty chemicals. The company was founded by Mr. Haridas T. Kanani, a chemical engineer from the Indian Institute of Technology (IIT) Mumbai, and has been in operation for over three decades. Its core chemistries include bromine-based compounds, Grignard reagents and inorganic lithium salts, which are supplied as intermediates and specialty chemicals to a range of end industries. Neogen's product portfolio is organised into organic chemicals (organo bromine compounds and specialty chloro compounds), inorganic chemicals, Grignard reagents, advanced intermediates, and custom synthesis and contract manufacturing. These products are used as intermediates in pharmaceuticals, agrochemicals, polymer additives, paints and construction chemicals, and the company also serves electronics, water treatment, flavours and fragrances, and energy storage applications. Products are developed using in-house technology and process innovation, and Neogen also develops intermediates based on customer-specific requirements. The company operates three manufacturing sites in India: Mahape in Navi Mumbai, Maharashtra; Karakhadi in Vadodara, Gujarat; and Dahej SEZ in Gujarat. Together these sites cover approximately 52 acres and are equipped with a range of reactor sizes, various materials of construction, distillation columns, pressure filters and dryers, and utilities for heating, chilling and vacuum. All existing sites are ISO certified for quality management, documentation follows ICH-Q7A guidelines for intermediates, and the Dahej SEZ site is GMP certified by SGS for manufacture of advanced intermediates and specialty chemicals for pharmaceutical applications. Neogen has pursued strategic growth through acquisitions and technology partnerships. In March 2023 it agreed with Livent Corporation (USA) to acquire 100% of BuLi Chemicals India Pvt. Ltd. (BuLi Chem); the acquisition completed in May 2023, and in January 2025 the NCLT Mumbai Bench approved the merger of BuLi Chem with Neogen. Neogen also became the first Indian company to receive a global technology license from MU Ionic Solutions (MUIS), a joint venture between Mitsubishi Chemical Corporation and UBE Corporation, enabling it to produce up to 30,000 MT of electrolytes annually for lithium-ion batteries. Future plans include specialty lithium salts and electrolyte additives for advanced chemistry cells. Neogen Chemicals is a publicly listed company in India with a corporate governance framework including board committees, investor relations disclosures and CSR and environmental policies. Its positioning is as a technology-driven specialty chemicals manufacturer serving both domestic and international customers, with a focus on process development, quality consistency and participation in India's growing lithium-ion battery ecosystem.

Neogen Chemicals Limited was founded by Mr. Haridas T. Kanani, a chemical engineer from the Indian Institute of Technology (IIT) Mumbai, and has been in operation for over 30 years. The company built its early business around bromine-based compounds, Grignard reagents and inorganic lithium salts, developing in-house technologies and process innovations that allowed it to supply consistent-quality intermediates to the pharmaceutical, agrochemical, polymer additive, paint and construction chemical industries. Over the last two decades, Neogen expanded its product range to include organo bromine compounds, specialty chloro compounds, inorganic chemicals, Grignard reagents, advanced intermediates, and custom synthesis and contract manufacturing. It established three manufacturing sites in India: Mahape in Navi Mumbai, Maharashtra; Karakhadi in Vadodara, Gujarat; and Dahej SEZ in Gujarat. Together the sites cover approximately 52 acres and are equipped with a variety of reactor sizes, materials of construction, distillation columns, pressure filters and dryers, and heating, chilling and vacuum utilities. All existing sites are ISO certified for quality management, documentation follows ICH-Q7A guidelines for intermediates, and the Dahej SEZ site is GMP certified by SGS for manufacture of advanced intermediates and specialty chemicals for pharmaceutical applications. In March 2023, Neogen entered into an agreement with Livent Corporation (USA) to acquire 100% of BuLi Chemicals India Pvt. Ltd. (BuLi Chem). The acquisition was completed in May 2023, and in January 2025 the Hon'ble NCLT (Mumbai Bench) approved the merger of BuLi Chem with Neogen. The company states that this merger simplifies the group structure, enhances efficiency, reduces duplication of costs and strengthens its specialty chemical portfolio. Neogen also moved into the lithium-ion battery materials space. It became the first Indian company to receive a global technology license from MU Ionic Solutions (MUIS), a joint venture between Mitsubishi Chemical Corporation (MCC) and UBE Corporation. With this license, Neogen will produce up to 30,000 MT of electrolytes annually, meeting international quality, safety and reliability standards, positioning it in India's growing lithium-ion battery ecosystem. Future expansion plans include development of specialty lithium salts and electrolyte additives for advanced chemistry cells. As a publicly listed company in India, Neogen maintains a corporate governance framework with board committees, investor relations disclosures, and policies covering CSR, environment, risk management, insider trading prevention and whistleblowing.

• Company founded by Haridas T. Kanani, a chemical engineer from IIT Mumbai

• Established three manufacturing sites: Mahape (Navi Mumbai), Karakhadi (Vadodara) and Dahej SEZ (Gujarat)

• Agreement signed with Livent Corporation to acquire 100% of BuLi Chemicals India Pvt. Ltd.

• Acquisition of BuLi Chem completed

• NCLT Mumbai Bench approves merger of BuLi Chem with Neogen

• First Indian company to receive global technology license from MU Ionic Solutions for lithium-ion battery electrolytes

Technology-driven specialty chemicals manufacturer with in-house R&D, focused on bromine and lithium chemistries and serving pharmaceutical, agrochemical, electronics and energy storage industries.

• Organo bromine compounds

• Specialty chloro compounds

• Grignard reagents

• Inorganic lithium salts

• Advanced intermediates

• Custom synthesis and contract manufacturing

• Lithium-ion battery electrolytes

1. 1Pioneer in Bromine and Lithium Chemistry in Indianeogenchem.com
2. 2ABOUT US | Pioneer in Bromine and Lithium Chemistry in Indianeogenchem.com
3. 3PRODUCTS | Pioneer in Bromine and Lithium Chemistry in Indianeogenchem.com
4. 4Corporate Governance | Pioneer in Bromine and Lithium Chemistry in Indianeogenchem.com