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Finolex Limited

Website:  www.finolex.com
Finolex's profile was created using:
  • 362 online sources
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Summary

Industry:  Wire & Cable
Revenues:  Under $20 Million
Employees:  Under 99

Description
Finolex Industries Limited (FIL) was incorporated in 1981 and has been in the "Plastics" business since then. Beginning as a modest rigid PVC (Poly Vinyl Chloride) pipe manufacturer, FIL went on for backward integration and now manufactures PVC too.

FIL is the largest PVC pipe manufacturer in India. The Pipes division of FIL is the first Indian IS/ISO 9002 manufacturer. Production capacity of the Pipes division is 40,000 metric tonnes per annum spread over its two ultra modern plants at Pune and Ratnagiri. FIL offers a wide range of PVC pipes and fittings, for diverse applications in agriculture, housing, telecom, industry, etc., ranging between 20 mm diameter to 400 mm diameter. FIL also manufactures speciality pipes and fittings, namely SWR (Soil, Waste and Rain Water) pipes and fittings for construction industry. The Pipes division of FIL has won the PLEXCONCIL "Top Exporter Award" on five occasions.

FIL has commissioned its PVC plant near Ratnagiri (350 Kms. South of Mumbai) on the West Coast of Maharashtra State. FIL is one of the largest PVC manufacturers in India. The 130,000 metric tonnes PVC plant has been set up in technical collaboration with Uhde GmbH of Germany under technology licence from Hoechst AG. FIL manufactures suspension PVC as well as emulsion/paste PVC.

FIL's PVC plant enjoys many locational advantages, the important one being proximity to the market. Further, the Pipes division of FIL and FIL's associated concern consumes captively about 45,000 metric tonnes of PVC per annum; a distinct advantage available only to FIL.

As a part of its PVC complex, FIL has set up an open sea cryogenic jetty. The Finolex jetty is the first of its kind in the private sector in India. It is located near the PVC plant and is presently utilised for importing the feedstock for manufacture of PVC as well as for importing LPG.

The strength of FIL lies in its quality products and satisfied customers. Over the years, FIL has built a very large distribution net work which adds to it's strength. The name "Finolex" is synonymous with "Quality" not only in India but also with FIL's international customers.
Products & Services
electrical cables

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Additional Resources

News Archive
India: Finolex mulls to raise Rs 50 cr via debenture issue.
TendersInfo; 9/3/2009
Byline: prashant03 Finolex Industries today said it is planning...50 crore on private placement basis, Finolex Industries said in a filing to the Bombay...petrochemicals and agriculture. Shares of Finolex Industries were trading at Rs 52.95... ...more

India: NEW ISSUE-Finolex Industries selling 500 mln rupees of bonds.
TendersInfo; 9/9/2009
Byline: prashant03 Finolex Industries plans to raise 500 million rupees via bonds to set up a captive power plant, the company told the stock exchange on... ...more

Reportlinker Adds Insulated Wire And Cable - A Global Market Perspective.
PR Newswire; 11/17/2009
...Operations 10 Eesti Energia to Build Second Undersea Cable 10 LSCL to Set Up New Facility in India 10 J-Power Systems and Finolex to Set Up JV 10 Prysmian SpA and Telstra Ink Supply Agreement 11 RPG to Expand Manufacturing Capacity of Power Cables 11 TSC... ...more

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