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About Tanfac Industries
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.
Parent Organisation
Indian Private
Managing Director
None
Founded
1972
NSE Symbol
TANFACIND
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10th July, 2024
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10th July, 2024
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Tanfac Industries Ltd FAQs
What is the share price of Tanfac Industries Ltd (TANFACIND) shares?
Tanfac Industries Ltd (TANFACIND) share price as of October 11, 2024, on NSE is Rs 1975.5 (NSE) and Rs 1975.5 (BSE) on BSE.
Can I buy Tanfac Industries Ltd (TANFACIND) from Angel One?
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Tanfac Industries Ltd (TANFACIND) share can be bought through the following modes:
1. Direct investment: You can buy Tanfac Industries Ltd (TANFACIND) shares by opening a Demat account with Angel One.
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1. Direct investment: You can buy Tanfac Industries Ltd (TANFACIND) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Tanfac Industries Ltd (TANFACIND) shares.
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