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Tanfac Industries Ltd.

BSE: 506854 Sector: Industrials
NSE: TANFACIND ISIN Code: INE639B01015
BSE LIVE 15:40 | 12 Dec 139.65 3.85
(2.84%)
OPEN

142.00

HIGH

142.55

LOW

136.25

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 142.00
PREVIOUS CLOSE 135.80
VOLUME 60800
52-Week high 155.00
52-Week low 46.80
P/E 50.23
Mkt Cap.(Rs cr) 139
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 142.00
CLOSE 135.80
VOLUME 60800
52-Week high 155.00
52-Week low 46.80
P/E 50.23
Mkt Cap.(Rs cr) 139
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tanfac Industries Ltd. (TANFACIND) - Company History

The Chennai based Tanfac Industries Ltd, is a company jointly promoted by Aditya Birla Group and TIDCO. Production commenced in Mar.'85 and soon achieved 100% capacity utilisation. The company manufactures aluminium fluoride (inst. cap. : 9000 tpa) from its's plant at Cuddalore, Tamil Nadu. It also manufactures sulphuric acid, oleum, anhydrous hydrofluoric acid, cryolite and other fluorides. The company gets technical support from M/s Kvaemer Buss, Switzerland, M/s. CHENCO. Germany. The company's diversification scheme for the manufacture of Organo Fluorine Chemicals was completed in 1998-99. The Organo Fluorine Chemicals viz. 2,4, Dichloro fluorobenzene, Acetophenone etc., used as intermediate chemicals in the manufacture of new generation antibiotics (bulk drugs) called Ciprofloxacin, Enrofloxacin etc. The technology was sourced from Dalian F Chem, China. In 2000-01 the operations of the Company's new project for manufacture of DFCA remained suspended as it is uneconomical to operate the plant at the current depressed market price. The Company's R&D team has developed a new process for manufacturing Inorganic Fluorine chemicals in the existing plant, with a minimum addition to the equipment.