Tanfac Industries Ltd

Tanfac Industries Ltd Overview

Company Headquarters: Moussy-le-Vieux, France

Founded: 1999

Workforce: ~22,300

Company Working: Tanfac Industries Ltd is a joint sector organization raised by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation (TIDCO). The company is engaged in manufacturing of chemical complex of SIPCOT industrial Estate. The company started with the production of Hydrofluoric acids and their derivatives. Now the company has expanded its manufacturing facilities and develops many other chemicals such as Potassium Bifluoride, Anhydrous Hydrofluoric acid, Sulphuric Acid, Peracetic Acid, Oleum, Calcium Sulphate, Potassium Fluoride, Aluminium Fluoride, Boron Trifluoride Complexes, IsoButyl Acetophenone, Acetic Acid, and Poly Aluminium Chloride, etc. The company is also holding certain certifications like ISO 9001, 14001, and OHSAS 18001. The company has also tied up with various companies to make its operations more efficient by adopting various other world-class technology such as Aluminium Fluoride manufacturing technology with Davy Process Technology (Switzerland), another ties up with CHENCO (Germany) company for manufacturing technology of Hydrofluoric Acid, and Grasim Industries Ltd., for designing plants for Sulphuric Acid and Oleum.

Strategy

Tanfac Industries Ltd. is investing more in research and development to continue the improvement in the quality of hydrofluoric acid to meet the expectation of the consumers. The company is also initiating energy conservation by continuously working on various measures in power plants and all other process plants, by replacing the LED lights in a phased manner will assist in energy conservation. The company has also achieved various achievements and one of them is for the largest producer of anhydrous hydrofluoric acid and aluminum fluoride in India.

Company Snapshot

$40.74M

Revenue

22,300

Employees

1999

Founded

Moussy-le-Vieux, France

Headquarters

SWOT Analysis

Strengths

The company has a wide product portfolio.
The company is also holding certain certifications like ISO 9001, 14001 and OHSAS 18001.
Investment in R&D and continuous optimization of technologies.

Weaknesses

No recent merger & acquisitions regarding the market has been done.
Growing competitors from other hydrofluoric acid brands in the affecting the business operations of the company.

Opportunities

The company has the opportunity for mergers and acquisitions to expand its worldwide operations.
Increasing its products offerings and capacity expansion is likely to create significant growth opportunity in the market.

Threats

The company should keep a close eye on the fast-changing government regulations under the growing pressure from protest groups and non-government organizations, especially regarding environmental and labor safety aspects.

Product Offering

Tanfac Industries Ltd
- Hydrofluoric Acid

Financial Performance

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