Fineotex Chemical Limited (), () ( ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 certified) is a speciality chemical-producing group with its headquarters in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. Fineotex is engaged in manufacturing of Speciality Performance Chemicals and

Enzyme Enzymes () are proteins that act as biological catalysts by accelerating chemical reactions. The molecules upon which enzymes may act are called substrates, and the enzyme converts the substrates into different molecules known as products. A ...

s for

Textile Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the ...

and

Garment Industry Clothing industry or garment industry summarizes the types of trade and industry along the production and value chain of clothing and garments, starting with the textile industry (producers of cotton, wool, fur, and synthetic fibre), embellishment ...

, Water Treatment Industry,

Leather Industry Leather is a strong, flexible and durable material obtained from the tanning, or chemical treatment, of animal skins and hides to prevent decay. The most common leathers come from cattle, sheep, goats, equine animals, buffalo, pigs and hogs, ...

Construction Industry Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and come ...

, Paint Industry

Agrochemical An agrochemical or agrichemical, a contraction of ''agricultural chemical'', is a chemical product used in industrial agriculture. Agrichemical refers to biocides ( pesticides including insecticides, herbicides, fungicides and nematicides) an ...

Adhesive Adhesive, also known as glue, cement, mucilage, or paste, is any non-metallic substance applied to one or both surfaces of two separate items that binds them together and resists their separation. The use of adhesives offers certain advant ...

s and others. The plants of Fineotex are located in

Navi Mumbai Navi Mumbai (), is a planned city situated on the west coast of the Indian subcontinent, located in the Konkan division of Maharashtra state, on the mainland of India. Navi Mumbai is part of the Mumbai Metropolitan Region (MMR). The city is ...

Ambernath Ambernath (Marathi pronunciation: �mbəɾnaːt̪ʰ is an eastern suburban city in Mumbai and is a part of the Mumbai Metropolitan Region. Notable people * Merwyn Fernandes, former Indian hockey player *Farukh Choudhary, Indian footballer * P ...

in India, and

Selangor Selangor (; ), also known by its Arabic language, Arabic honorific Darul Ehsan, or "Abode of Sincerity", is one of the 13 Malaysian states. It is on the west coast of Peninsular Malaysia and is bordered by Perak to the north, Pahang to the east ...

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

. Fineotex has been named as one of India's ''Top 1000 Companies'' by

National Stock Exchange of India National Stock Exchange of India Limited (NSE) is the leading stock exchange under the ownership of various group of domestic and global financial institutions, public and privately owned entities and individuals. It is located in Mumbai, Mah ...

History

Fineotex group was founded by Surendra Tibrewala in 1979. Later, in 2004, it was incorporated as a private limited company under the name of Fineotex Chemical Pvt Ltd in the State of

Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...

. In 2007, the company changed its name to Fineotex Chemical and went public with a listing on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in ...

and the National Stock Exchange. Fineotex is the only textile chemical company in

to be listed in the Indian stock market. In the year 2007, Fineotex earned ISO 9001:2000 certificate from JAS-ANZ. In 2011, the company incorporated a

Wholly Owned Subsidiary A subsidiary, subsidiary company or daughter company is a company (law), company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company ...

company in

named Fineotex Malaysia Limited. It also acquired a controlling stake in Malaysian manufacturing company Biotex. In the year 2014, the company was accredited with ISO 4001:2004. 14045:2012 , 9001:2015 , 14001:2015 , 45001:2018 , 22000:2018 and SA 8000. In 2015, Fineotex was recognized as Star Export House by

Directorate General of Foreign Trade Directorate may refer to: Contemporary *Directorates of the Scottish Government * Directorate-General, a type of specialised administrative body in the European Union * Directorate-General for External Security, the French external intelligence ag ...

Ministry of Commerce and Industry A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce. Notable examples are: List *Algeria: Ministry of Industry and M ...

. In the year 2020, Fineotex entered into the home care and hygiene segment to serve the surge in its demand in the wake of the

COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...

. In September 2021, Fineotex made and announcement of its partnership with Eurodye-CTC, a textile chemical company based in

Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...

for commercialization of specialty chemicals for the Indian market. The company has inked an MOU with Synthetic & Art Silk Mills' Research Association (Sasmira) to set up its Research & Development centre at Worli Hill, Mumbai.

Awards and recognition

* On 20 December 2017, Fineotex was awarded the Fastest Growing Manufacturer Chemical Company by Investors' Protection Fund (IPF) at

. * In 2022, earned the certification of being a 'Great Place to Work.

References

External links

*
Fineotex Chemical Ltd.
on ''

SEBI The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive ...

'' {{Authority control Chemical companies based in Mumbai Indian companies established in 1979 Chemical companies established in 1979 1979 establishments in Maharashtra Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange

History

Awards and recognition

See also

References

External links