Chemical Manufacturing Company - Meghmani Finechem Limited
3 years ago
ID: #756689
Listed In : Chemicals
Business Description
Meghmani Finechem Limited (MFL) is India’s one of the leading and largest essential chemical company and a major contributor in Chlor-Alkali Segment. The company’s turnover has increased from INR 1740 Million in 2010 to INR 7100 Million in 2019, achieving a phenomenal 308.05% increase in revenue in 9 years. In FY 2018-19, the company registered 16% YoY increase in revenue to INR 7104 Million. The global Chlor-Alkali industry is expected to grow at 5.3%-5.9% CAGR (2017-2023), to reach USD 125 Billion by 2023. Whereas, Indian Chlor-Alkali Industry is poised to grow at a CAGR of 6.5% during 2017-2022.Established in 2007, MFL is a part of Meghmani Group, a global chemical conglomerate with over four decades of experience. MFL is an ISO 9001 and ISO 14001 Certified company. The Company manufactures and supplies high quality Chlor – Alkali and Derivatives for vital use in industries across India and around the world. The company offers products like Chlorine and Hydrogen, through pipeline.
The manufacturing plant is strategically located at GIDC Dahej – a Petroleum, Chemicals & Petrochemicals Investment Region (PCPIR) in Gujarat. The plant is spread across 60 hectares and equipped with cutting-edge automation machineries, and technology like membrane cell process. The plant meets industry leading standards of Quality Management System as well as Environment, Health and Safety.
Infrastructure and technology, combined with experience and expertise of MFL, enable us to consistently meet increasing demand of vital industries.