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Tanfac Industries Ltd.

BSE: 506854 Sector: Industrials
NSE: TANFACIND ISIN Code: INE639B01015
BSE 00:00 | 22 Oct 589.10 -31.00
(-5.00%)
OPEN

589.10

HIGH

615.00

LOW

589.10

NSE 05:30 | 01 Jan Tanfac Industries Ltd
OPEN 589.10
PREVIOUS CLOSE 620.10
VOLUME 123688
52-Week high 779.00
52-Week low 163.00
P/E 14.19
Mkt Cap.(Rs cr) 588
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 589.10
CLOSE 620.10
VOLUME 123688
52-Week high 779.00
52-Week low 163.00
P/E 14.19
Mkt Cap.(Rs cr) 588
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. 24 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.

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