| Specialty Chemicals | Molybdenum, cobalt, selenium, iodine derivatives, and chemical intermediates. | Long-standing industry presence, expanded manufacturing capacities, ISO certification, and strategic acquisitions. | Chemical and pharmaceutical manufacturers primarily in India. | Specialty chemical intermediates and pharmaceutical intermediates. | 46 | 99 | Sales of specialty chemical products to industrial customers (B2B). | Direct sales contracts with negotiated pricing. | Capacity increases, product diversification into pharma and fragrances. | |