Dalal Street Investment Journal – July 20, 2019

Communication Feature

38 DALAL STREET INVESTMENT JOURNAL I JULY 22 - AUG 4, 2019 DSIJ. in^

F

ineotex Chemical Limited, the
manufacturer of the most trusted
textile chemical brands, was
founded by Surendrakumar Tibrewala.
The visionary entrepreneur has led a
significant transformation, further
consolidating Fineotex Chemical
Limited’s position as the largest and most
progressive speciality textile chemical
manufacturer. Fineotex is one of the
leading manufacturers of Textile
Auxiliaries & Speciality Chemicals and
provides an entire range of products
for textile processing to clients across the
globe.

Fineotex is a publicly-listed company
accredited by ISO 9001:2015, ISO
14001:2015 and ISO 45001:2018. It is
listed on the Bombay Stock Exchange
and the National Stock Exchange and has
been recognised as 'Star Export House'
with a market capital of USD 150 million
(Jan 2018)
Over the years, Fineotex has been
accredited with a number of accolades
from various well-known institutes and

recently Fineotex has been recognised
amongst the 25 Fastest growing chemical
companies of India by the renowned, The
CEO Magazine in June 2018. The

The Chemistry Of Growth

Fineotex Chemical Limited

company has been awarded as The

Fastest Growing Company in Chemical

Manufacturing Sector by IPF at Bombay

Stock Exchange (BSE) on December 20,

2017.

Since 2011, Fineotex has a technical

collaboration with well-known

European-founded specialty chemical

manufacturing company. The plant is

located in Malaysia and is managed and

owned by well known European-founded

specialty chemical.

Vision : To be the leader in specialty

textile chemicals in the domestic as well

as in international markets by increasing

manufacturing activities or by

commissioning new plants with joint

ventures in countries where the business

has been established.

R&D : The facilities and resources of

Fineotex are amongst the finest ones in

this industry. Fineotex is equipped with

state-of-the-art technology and a

state-of-the-art in-house R&D. The

company undertakes constant

development measures through in-house

R&D to meet the growing requirements

of its clients. R&D is vital for textile

auxiliaries and chemicals to ensure they

meet customer's requirements.

Strengths : 1) Fineotex is the only textile

chemical company in India to be listed

on the National Stock Exchange of India

(NSE) and has been ranked amongst

Surendrakumar Tibrewala
Chairman and MD, Fineotex Chemical Limited

Established 40 years ago, Fineotex
produces 43,000 MTS/year of textile
chemicals in India and Malaysia covering
the entire range of speciality textile
chemicals. The company offers
concentrated versions and also supplies
to major multinational companies,
worldwide. The plants are situated in
Navi Mumbai and Selangor in Malaysia.

Equipped with the latest technology,

Fineotex owns in-house state-of-the-art

R&D facilities. Throughout the process,

the company has stringent tests and

quality controls, which enables it to

offer to differentiate products through

customisation and high-quality control

level resulting in superior performance.

Sanjay Tibrewala

Executive Director & CFO, Fineotex Chemical Limited

Aarti Jhunjhunwala

Executive Director, Fineotex Chemical Limited

India's Top 1000 Companies (on the

basis of Mcap). Several well-known

mutual funds/ investment houses like

Reliance Wealth are holding stakes in

our company.

2) The company has been recently

accredited with SA 8000 (Social

Accountability Management System)

certification for exhibiting our Efficiency

and Ethical working. Recently, Fineotex

is also ZDHC ( Zero Discharge

Hazardous Chemical) Gateway certified

and registered nominated supplier.

3) The company is exporting to 60

countries around the globe. Over the

years, the company has developed a solid

reputation for quality and reliability and

has 102 distributors in India, a large

number of clients worldwide including

well-known corporates.

FCL is quite confident about the

trajectory it will take in the future. With

their verticalisation strategy, innovation

and quality products, Fineotex has been

growing both organically and

inorganically.