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Adi-Finechem #FAIRCHEM

-Adi Finechem Ltd. Founded in 1985 by Shri R.Harivallabhdas and Shri Nahoosh J Jariwala.

-It is engaged in mfg of Oleochemicals & Neutraceuticals.

-They operate through only one plant in SANAND,AHMEDAAHMEDABAD,GUJARAT.
- With the capacity of 72K MT inc. from 45K MT up 60% from 2016.

-The plant has one of the largest processing capacities for natural soft oil-based fatty acids in India.

-Their main products are
i) OLEOCHEMS-dimer, monomer, linoleic acid etc.
ii)Neutraceuticals - (Natural) Mixed Tocopherol and Sterol Concentrate

They r further undergoing expansion:
-Neutraceuticals - to manufacture sterols and higher concentration tocopherols.
-to manufacture bio-diesel using three by-products of its manufacturing process:
Read 21 tweets
A specialty chemical co. into mfg of AROMA CHEMICALS, NUTRACEUTICALS & OLEOCHEMICALS.
-Its parent co. Fairfax Holding owned by Billionaire Investor PREM WATSA.

- Fairchem came into exitence in after FAIRFAX INDIA HOLDINGS acquired 45% stake in Adi Finechem in 2015.
& later in 2016 it acquired 51% in Privi Organics & merged the two as a result Co. was renamed as FAIRCHEM SPECIALTY LTD.

- ADI n PRIVI r stil managed by the same promoters n they still hold stake in Co.
- Although Fairchem is 1 entity but there are two business running under it
-Both of these businesses were merged with a viewpoint that they use same processes n there can be synergies between two.

-But mgt later realized that both these businesses r different in nature in order for them to grow they should be separated.
Read 21 tweets

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