Fineotex: the strongest players in Textile Specialty Chemicals in India
Fineotex Chemical Limited, the manufacturer of the most trusted textile chemical brands – has been founded by Mr. Surendra kumar 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.
Founded in 1979, Fineotex Chemical has carved its own path to glorious successes year after year. Right from its inception, the firm has shown resilience to adverse economic condition. As the chemicals market is growing rapidly, Fineotex has scaled a new height. The company has spread wings in the consumer-driven economies like Australia, Germany, Turkey, Bulgaria, Argentina, South Africa, Brazil, Indonesia, Thailand, Mauritius, Vietnam, Malaysia, Singapore, UAE and Tanzania.
Mr. Tibrewala, the Chairman and MD of Fineotex is a double graduate in Commerce and Law. Creating this chemical bellwether would not have been possible without Sanjay Tibrewala, Executive Director and CFO of the company. Sanjay Tibrewala is a Post Graduate in Textile Processing and Chemicals. Mrs. Aarti Jhunjhunwala, Vice President of International Business Operations has completed her Masters in Accounts and Taxation. They have transmogrified themselves from being a chemical company into a conglomerate. There are many firsts in the credit of the company. Fineotex Chemical is one of the strongest players in finishing chemicals segment in India, with a higher focus on dyeing and finishing chemicals which have higher applicability on textiles and are more profitable. Fineotex consumes more than three hundred raw materials like DCDA, DMA, 2 Ethyl Hexanol, Maleic Anhydrite, Acrylamide, Organic Surfactants, Butyl & Styrene Acrylate, Deta, Para formaldehyde to name a few.
Fineotex is always known for quality products. IPF has recognized the firm as the fastest growing company in chemical manufacturing sector.Over the past forty years, the company has added various new products. They have over four hundred specialty chemicals and enzymes to Textile, Garment, Construction, Leather, Water treatment , Agrochemicals, Adhesives and others industries. Fineotex products range from Textile chemicals, Pretreatment chemicals, Dyeing chemicals, Printing chemicals to Finishing chemicals. In addition to these, they manufacture other chemicals like adhesives, food additives, foundry chemicals, defoamers and elastomers. Their products enable client companies not only to maintain a dominant market presence but also accelerate growth and multiple revenues by selling products.
Fineotex is certified by ISO 9001:20015 and ISO 14001:2015. The firm is accredited to prestigious certifying authorities including OHSAS 18001:2007 SA 8000 for exhibiting their efficiency and ethical working. Fineotex also holds a certificate issued by ZDHC(Zero Discharge Hazardous Chemical) Gateway.
“Extensive research is performed at our client’s site. This is an important source for new developments as a lot of variables/factors like the client’s plant machinery type and its speed, water quality, timing etc are critical for tweaking the quality and performance of the products, ” said Mr. Surendrakumar Tibrewala.
“Our laboratories are equipped with all kinds of modern instruments and equipment’s like Brookfield Viscometers, Refractometers, Pilot Vessels and application equipment’s to analyze the products & to perform pre-treatment, dyeing, printing & finishing trials. The features of our products are improved by incorporating the latest technology and developing new specialty and cost-effective products,” he added.
Over the four decades, the process of textile chemical manufacturing has changed a lot. Fineotex is scaling up their operations in a steady manner. FCL is quite confident about the trajectory it will take in the future. With their verticalization strategy, innovation and quality products, Fineotex has been growing both organically and of course inorganically.