Goa, June 25 : Advanta bioKEMIX, the Indian subsidiary of the global bioKEMIX network, has announced the signing of a strategic joint venture with Resolkem, a Goa-based manufacturer of high-purity GCHS solvents founded by industry veteran Anand Malage, formerly associated with Cipla. The partnership marks a significant milestone in Advanta bioKEMIX’s strategy to build an integrated, innovation-led chemical manufacturing ecosystem in India.
As part of the agreement, a new entity, Resolkem Private Limited, has been incorporated as a joint venture between Advanta bioKEMIX and Mr. Anand Malage. The newly formed company will acquire and operate the existing business along with the equipment of Resolkem, which was previously run as a sole proprietorship.
The joint venture brings together Resolkem’s technical expertise and manufacturing capabilities with Advanta bioKEMIX’s strengths in global market access, distribution network and supply chain integration. Together, the partners aim to create a leading platform for the manufacture of high-purity solvents catering to the pharmaceutical, biotechnology, life sciences, specialty chemicals, and advanced materials industries.
Commenting on the partnership, Samith Bajaj, Executive Director, Advanta bioKEMIX, said,
“This joint venture represents an important step in our vision of building a globally integrated chemical supply ecosystem anchored in quality, innovation, and manufacturing excellence. Resolkem has established strong technical capabilities and a reputation for producing high-purity solvents, and together we see significant opportunities to scale operations, expand our product portfolio, and strengthen India’s position in the global specialty chemicals value chain. The partnership aligns perfectly with our strategy of creating deeper value across sourcing, production, and research while delivering reliable, high-quality solutions to customers worldwide.”
Anand Malage, Co-Founder, Resolkem Private Limited, added,
“This partnership marks an exciting new chapter in Resolkem’s growth journey. Over the years, we have built strong technical expertise and quality systems focused on serving highly demanding industries. With Advanta bioKEMIX as our strategic partner, we will be able to accelerate our expansion plans, increase production capacity, introduce new high-purity products, and serve a broader customer base across global markets.”
Resolkem Private Limited is uniquely positioned as the only manufacturer of high quality GCHS-grade solvents in India. The company currently manufactures a portfolio of high-purity GCHS solvents including Dimethyl Formamide , Dimethyl Acetamide N-Methyl-2-pyrrolidone , and Dimethyl Sulfoxide . These solvents are widely used in the testing of products in Pharma, food , environmental and other chemical testing where stringent quality and purity standards are critical.
The domestic production of these high-purity solvents is expected to contribute significantly to India’s Atmanirbhar Bharat vision by reducing dependence on imports for this grade of solvents and the high quality made at Resolkem and strengthening supply chain resilience. By ensuring reliable access to globally compliant specialty solvents, Resolkem Private Limited will support the growth and competitiveness of India’s pharmaceutical and specialty chemical sectors while reinforcing the country’s position as a trusted global manufacturing hub.
The joint venture has outlined an ambitious growth roadmap. Resolkem Private Limited plans to establish a significantly larger manufacturing facility by the 4th quarter of 2026, enabling substantial expansion of production capacity and diversification of its product portfolio. The expanded facility will support the manufacture of additional high-purity specialty solvents and chemicals, while also increasing the capacity of its existing GCHS-grade product range to meet growing domestic and international demand.
The partnership comes at a time when the global chemical industry is increasingly seeking resilient, high-quality, and geographically diversified supply chains. By combining manufacturing excellence with global market connectivity, through its partner – the bioKEMIX group, Resolkem Private Limited aims to become a trusted supplier of critical high-purity solvents to customers worldwide.
The joint venture further reinforces Advanta bioKEMIX’s commitment to investing in strategic manufacturing partnerships that enhance supply chain resilience, foster innovation, and create long-term value for customers across the global chemical ecosystem.