FINORIC LLC

FINORIC LLC Overview

Company Headquarters: Texas, US

Founded: 2010

Workforce: ~200

Company Working: Finoric offers chemical solutions for oil & gas exploration, hydraulic fracturing, production, stimulation, coiled tubing, food & feed ingredients, mineral fortifiers, and pharmaceutical binders. The company offers its product and services under the following portfolio–oil drilling fracking or fracturing chemicals; galvanizing chemicals; inorganic, organic, pharmaceutical excipient & applied chemicals; rare earth salts; and aromatic fragrances & flavors. Hydrate inhibitors are offered under the oil drilling fracking or fracturing chemicals portfolio. The company marks presence in 55 countries across five continents. The company delivers its services through the chemical manufacturing facilities in Pleasanton, Houston, Midland, Oklahoma, and Williston, US, and allied manufacturing sites in India and UAE.

Strategy

Finoric emphasizes delivering high-performance products with a focus on enhancing supply chain efficiency and cost reduction. It also aims to expand its business in both domestic as well as international markets through collaborations, mergers, acquisitions, capacity expansion, and integrating production sites to ensure effective utilization of resource.

Company Snapshot

200

Employees

2010

Founded

Texas, US

Headquarters

SWOT Analysis

Strengths

Broad product portfolio
Wide geographic presence

Weaknesses

No recent development related to the hydrate inhibitors market

Opportunities

Capacity expansion
Expansion in untapped markets

Threats

Geopolitical conflicts and macroeconomic uncertainty

Product Offering

FINORIC LLC
- Gas Hydrate Inhibitor

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