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Fineotex Chemical’s arm acquires additional factory land premises at Ambernath

30 Dec 2023 Evaluate

Fineotex Chemical’s subsidiary -- FSPL Specialities has acquired additional factory land premises located at Additional Ambernath, MIDC, Thane, Maharashtra admeasuring around 7 Acres land for a total investment of around Rs 35 crore funded by Company’s Internal Accruals. This plant will primarily cater to meet the customer growing demands in the existing Speciality performance chemical product line catering to Textile, Home Care, Cleaning, Hygiene and Drilling Speciality Chemicals. 

Fineotex Chemical manufactures specialty chemicals consumed by textile and garment industry, leather, construction, adhesives paper, water treatment, agrochemicals, paint and other industries.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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