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Fairchem speciality - some interesting and valuable insights from the Fairfax India march 9th letter to shareholders. The company is 1 of the 2 listed investments (amongst total 8) made by Fairfax group in India.
#FairchemSpeciality
#FairchemSpeciality
Fairchem (earlier called ADI finechem) has developed an in-house tech that converts the waste generated during production of soya, sunflower, corn, and cotton oils, into valuable chemicals. Customer include BASF, Archer Daniels, Cargill, arkema, Asian paints.
Fairchem (ADI finechem) - in the last 10 years, sales have grown average 24%, earnings at 33%, shareholders equity at 22%, generating an RoE of 24%
