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Acquisition of New Production Facility

We are pleased to inform that Fineotex has acquired an additional plant located Near Mumbai approx 4 acres. We expect to commission the first phase by June 2021. The proposed deployment would be approx USD 5 million for this project.

This facility will primarily cater to customer demands in the existing Textile Specialities business as well as customer demands in the new businesses such as Home Care, Cleaning, Hygiene and Drilling Speciality Chemicals.

Entire area (including building and green portion)
is the new brownfield project at Ambarnath near Mumbai.

The State-of-the-art automated unit will be fully compliant with the highest standards of sustainability.

We will keep updating about the commissioning/commencement of the activities at the said plot.

We are thankful to you for your loyal patronage and continued support. We shall forever be grateful for your contribution in the growth of our business. It is all for your efforts that we are continuously expanding our business in all the regions of the country.

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