NOIDA, India, March 8, 2011 /PRNewswire/ -- Jubilant Life Sciences Ltd (formerly Jubilant Organosys Ltd) an integrated Pharma and Life Sciences company and the largest Custom Research & Manufacturing player out of India, announced today that it is setting up a manufacturing plant for "2,3,5,6-Tetra Chloro Pyridine" (also commercially known as Symtet/TCP) of 24,000 TPA capacity and Chlorinated Pyridine derivatives of 5,000 TPA,in Special Economic Zone, at Bharuch, Gujrat.

Symtet is used in the manufacturing of Chlorpyrifos, one of the world's largest and safest, low cost Insecticide, having a growth of ~ 7% globally. This facility is expected to be operational from Q4 FY2012 and will make Jubilant the largest producer of Symtet globally, catering to more than 40% of the worldwide demand.

The Company has received approvals from major customers and is in the process of firming up long term arrangements with them. It expects to achieve additional annual revenue of ~ US$ 90 Million from this facility.

Jubilant has developed this niche technology using Pyridine, its captive raw material, for manufacturing Symtet through much cleaner and environment friendly process compared to the alternate route using 'Trichloro Acetyl Chloride' (TCAC).

Commenting on the development, Mr. Shyam S Bhartia, Chairman & Managing Director and Mr. Hari S Bhartia, Co-Chairman & Managing Director, Jubilant Life Sciences Ltd, said, "Jubilant will be the only company in the world manufacturing Symtet through this environment friendly technology, developed by inhouse R&D having complete backward integration upto the basic feed stock. Through this technology Jubilant has identified additional use of Pyridine. It will provide an innovative solution to its customers by providing a penultimate intermediate using single step chemistry leading to a better quality agrochemical product with higher yield."