Jubilant Organosys announces new facility for Niacinamide and 3-Cyanopyridine

Jubilant Organosys Limited, an integrated pharmaceutical industry player and the largest Custom Research and Manufacturing Services Company in India, announced today that it is setting up Niacinamide and 3-Cyanopyridine plant of 10,000 TPA each, expected to be ready by end of 2010.

Jubilant is currently ranked amongst the top three manufacturers of Niacin & Niacinamide (Vitamin B3) worldwide and is the only manufacturer of Niacinamide with complete backward integration to the basic feed-stock. Jubilant is also the largest producer of Beta Picoline globally, a critical raw material for the manufacture of Vitamin B3.

Commenting on the development Mr. Pramod Yadav, CEO (Advance Intermediates & Vitamins) of Jubilant Organosys said “Our decision to set up a new facility for Niacinamide reflects our commitment to our customers and Vitamin B3 Market. Through our in-house research we have developed a very cost efficient and environmental friendly process for the manufacture of these products which will translate into value for our customers. We believe with our new capacity we will strengthen our relationship with the existing wide spread customers globally as well as develop new markets.”