The 5-year analysis of Tanfac Industries Ltd's performance infers:
We analysed the performance of Tanfac Industries Ltd share prices over the last 10 years. Here is what we found out:
Tanfac Industries, incorporated in 1972, is a Joint Sector Company promoted by The Aditya Birla Group of Companies i.e. Grasim Industries, Hindalco Industries, Pilani Industries & Investment Corporation (PI&ICL) and Tamilnadu Industrial Development Corporation (TIDCO). It is one of India's largest suppliers of Fluorine chemicals.
Its plant and facilities are spread over 60 acres in the chemical complex of SIPCOT at Cuddalore near Pondicherry, about 200 kms from Chennai,
Its plant and facilities are spread over 60 acres in the chemical complex of SIPCOT at Cuddalore near Pondicherry, about 200 kms from Chennai, India.
The company is engaged in the manufacture of chemicals such as aluminium fluoride, anhydrous hydrogen fluoride with generation capacity of 15,600 tpa in each. In addition to this Tanfac manufactures sulphuric acid to the tune of 14,400 tpa inclusive of oleum, and, speciality fluorides to the tune of 3,400 tpa. The fluorine based chemicals have vital applications in industries such as aluminium smelting, petroleum refining, refrigerant gases, steel re-rolling, glass, ceramics, sugar, fertilisers, heavy water, etc. The speciality chemicals are used as intermediates in the manufacture of pharmaceuticals drugs and agrochemicals.
Having started as a single product company, producing aluminium fluoride, Tanfac has now diversified into various speciality fluoride products, with exports to countries across the globe including USA, Europe, Australia, New Zealand, Singapore, Thailand and Middle East.
Speciality Inorganic Fluorides
Speciality Fine Chemicals
The company is committed to constant improvement of the processes of management system effecting quality, cost, delivery and environmental impacts to prevent pollution and to comply with requirements of customers and interested parties and public.
Tanfac on a continuous basis identify activities which have scope for conserving energy, water reduction of chemicals consumption, recycle of water and recycle of waste in process, as part of its commitment to SHE.