Tata Chemicals Acquires Singapore's Novabay for EUR 25M, Boosts Specialty Bicarb Market

• Tata Chemicals Limited's subsidiary TCIPL will acquire 100% equity stake in Singapore-based Novabay Pte. Limited for approximately EUR 25 million.
• Novabay is a leading manufacturer of premium-grade sodium bicarbonate in the Asia-Pacific region (excluding China).
• The acquisition aligns with Tata Chemicals' strategy to expand into high-value, non-cyclical product segments and strengthens its specialty bicarb market capabilities.
• Novabay produces specialized grades for pharmaceuticals, personal care, and food, holding cGMP and API certifications with a fully automated facility.
• This deal is expected to enhance Tata Chemicals' global presence and open new growth opportunities.

Why It Matters: Tata Chemicals expands into high-value specialty bicarb market with Novabay acquisition, strengthening global presence.