Fire breaks out at Adi Finechem’s Factory premises in Ahmedabad

29 Nov 2012 Evaluate

Fire broke out at Adi Finechem’s Factory premises situated at 253/P, Sanand Kadi Highway, Chekhala , Sanand, Ahmedabad on November 27, 2012, causing damages to the stocks, equipment and building of the unit. Fortunately, there was no harm to human life.

Total value of damage is being ascertained. All stock, equipment and building of the company are covered under adequate insurance. The Company does not expect to have material impact on overall operational. The company expects to resume normal operations very shortly.

Adi Finechem is a manufacturing company located near the city of Ahmedabad in the western region of India. Their company utilizes state of the art technology with critical equipments acquired from Germany and Switzerland. Fractions of natural oils and fats such as soyabean, sunflower and cottonseed are the source of the company's fine chemical products.

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