Clean Science And Technology: Strong Presence But Tough Challenges Too

Established in 2003, Clean Science and Technology Limited (CSTL) is a global leader in developing eco-friendly and cost-effective in-house catalytic processes for specialty chemicals. Its commitment to research and development, process innovation and operational scale positions CSTL as a leading manufacturer globally. This success is driven by strategic backward integration and in-house plant engineering, making CSTL one of the fastest growing and profitable specialty chemical companies. Operating three production facilities in Kurkumbh MIDC, Maharashtra, CSTL maintains high standards, with all facilities certified as zero liquid discharge.

It adheres to stringent quality, environmental and safety norms. The company’s dedication to innovation and environmental sustainability, coupled with a focus on technology and strategic growth, reinforces its leadership in the specialty chemical industry. CSTL aims to boost financial performance through capacity expansion, automation, strategic backward integration, yield optimisation, customer base diversification, and efficient cost management. The company’s robust business performance is reflected in its sound balance-sheet with zero debt and impressive return ratios.

Product and Segment Overview

CSTL produces critical specialty chemicals across three major segments: performance chemicals (contributing 67 per cent to revenues), pharmaceutical and agriculture intermediates (contributing around 19 per cent) and FMCG chemicals (contributing 14 per cent). Its diversified product portfolio finds applications in various industries, including personal care, food, agriculture, pharmaceuticals, water treatment, construction, and consumer goods. CSTL’s strong research and development capabilities enable it to meet global demand with innovative and sustainable processes.

Performance chemicals, the largest and most lucrative among other segments, include flagship products like MEHQ, BHA, HALS, AP and TBHQ. The company has increased capacities for MEHQ and Guaiacol by approximately 50 per cent in 2022-23. Pharmaceutical and agriculture intermediates feature key products such as Guaiacol, DCC and p-BQ. FMCG chemicals encompass Anisole and 4-MAP as the key products. Most of the company’s products are well-accepted in the market and enjoy the trust of its clients.

Sector Overview