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Tanfac Industries Limited has signed a long-term agreement with Blue Star Limited, a leading air conditioning and commercial refrigeration company, for supply of fluorinated products starting 1st January 2027. This is described as the company's second consecutive long-term contract secured from key customers within a short span of time. The MD highlighted that the agreement provides revenue stability and aligns with the company's strategy of expanding its value-added downstream fluorinated product portfolio. The contract is expected to enhance earnings predictability and strengthen Tanfac's domestic portfolio.
The agreement provides long-term revenue visibility and earnings predictability, reinforcing Tanfac's position as a reliable supplier in the fluorinated product market. However, no specific contract value or revenue contribution was disclosed.