Tata Chemicals Arm Acquires Singapore's Novabay for €25M to Boost Premium Products

• Tata Chemicals International Pte Ltd (TCIPL) will acquire 100% equity shares of Singapore-based Novabay Pte Ltd for €25 million.
• Novabay manufactures premium-grade sodium bicarbonate for pharmaceutical, food, and personal care sectors globally.
• The acquisition, expected by March 2026, aims to strengthen TCL's capabilities in high-value, non-cyclical product segments.
• Novabay has a current production capacity of 60,000 tonnes, with potential expansion to 100,000 tonnes.
• This strategic move enhances TCL's ability to serve premium customer requirements and accelerate long-term growth.

Why It Matters: Tata Chemicals strengthens its premium product portfolio and market presence with Novabay acquisition.