India, Aug. 7 -- Fineotex Chemical Limited (FCL), a leading Indian multinational in specialty performance chemicals, has officially commenced operations at its new state-of-the-art manufacturing facility in Ambernath, starting August 7, 2025. This marks a significant milestone in the company's strategic growth plan.
With an investment of approximately ?60 crore, funded through internal accruals and capital raised, the company has expanded its operational footprint by an additional 7 acres. The first phase of the new facility will increase Fineotex's production capacity by 15,000 metric tonnes, enabling it to meet the rising demand for specialty chemicals across both domestic and global markets.
Strategically located, the new facility offe...