Aether Industries Limited, a leading player in the chemical manufacturing sector, has announced a significant development in its partnership with Baker Hughes. The company has executed an Amendment to the Strategic Supply Agreement with Baker Hughes on January 7, 2025, marking a major step in the ongoing relationship between the two companies. This follows the broader Strategic Supply Agreement initially signed on June 25, 2024.

The Amendment specifically finalizes key aspects of the agreement, including the volume and pricing details for the first two products that will be supplied by Aether Industries to Baker Hughes. These products are set to play a vital role in the operations of Baker Hughes, a renowned global technology and services provider to the energy industry.

In line with the agreement, the products will be exclusively manufactured by Aether Specialty Chemicals Limited, a 100% wholly owned subsidiary of Aether Industries. This subsidiary is fully equipped with the necessary assets, plant, and machinery, all of which have been commissioned to support this contract manufacturing initiative. The manufacturing site for these products is situated at Aether Specialty Chemicals Limited’s Site 4, which was specially built to cater to this partnership.

The amendment is a crucial step in Aether Industries' commercialization efforts, as it signals the commencement of production and supply under this strategic deal. The partnership is expected to strengthen Aether's position in the market, especially as the company continues to grow its presence in specialized chemicals and products aimed at industrial applications.

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