Fineotex Chemical Limited certified The Great Place to WorkTM for the year 2022-2023

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Fineotex Chemical Limited is a publicly listed multinational company recognized as a world class specialty textile chemicals and sustainable solutions producer. Fineotex was awarded a “Great Place to Work-Certified in India” in honour of its commitment to establish a culture that provides strategic advantages, rewards good performance, and seeks to continually develop leadership potential and extraordinary talent. Fineotex not only outperformed the parameters in terms of skill development, training and orientation, job security, work-life balance, job satisfaction, salary and allied benefits, and career growth, but it also showed that it provided its employees with the resources they needed to be productive and deliver those committed results. The organisation was also praised for having an Anti-Sexual Harassment Policy in place, in accordance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013, reporting zero accidents in FY21  and having an inclusive Internal Complaints Committee that reviews complaints from all employees (permanent, contractual, temporary & trainees).

Commenting on the certification, Managing Director, Mr. Surendrkumar Tibrewala said, “It is said that success is about skill. Well, that’s only half of the story; success is about people, and the ecosystem you develop with the people provides the kind of skill that success requires. Because we are a global specialty chemical company, striking the correct balance between technical expertise, academia, and marketing, and then coordinating those efforts, is often challenging when factoring in the diverse mix of people participating in the process. I was immensely proud when instead of slowing down we were able to invest, expand and diversify during the pandemic and it’s because we have created a place where passions and contributions are shared and valued above all else. I’d want to thank our employees and applaud the management for making the objective of maintaining the highest ESG standards and pairing expansion with innovation a reality by establishing a fantastic workplace. Our productivity has been rooted in equality, trustworthiness, and non-discrimination. Receiving this certification is a tremendous honour, and we aim to continue to attract, retain, and nurture talent in the future.”

Great Place to Work® Institute is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions. The Institute serves businesses, non-profits and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.

About Fineotex Chemical Limited:

Founded in 1979, Fineotex Chemical (BSE: 533333 | NSE: FCL) is leading specialty chemical producer and a solution provider, having a market leading position in the specialty chemicals, in the international business as well as the domestic textile industry. Company manufactures chemicals for the entire value chain for the textile industry including pre-treatment, dyeing, printing and finishing process. The Company has successfully expanded into home care, hygiene and drilling speciality chemicals sector which is already supporting the next phase of growth for the Company. The Company manufactures over 475 products and exports to over 69 countries.

The Company has manufacturing facilities in Mumbai and Ambernath, India and Selagnor, Malaysia with combined capacity of 83000 MT. The newly set up facility at Ambernath with capacity of 40,000 MT (initial planned capacity 36,000 MT) will cater to customers’ demand for existing textile specialties and the fast-growing home care and hygiene and drilling specialties business.

The subsidiary in Malaysia, Biotex Malaysia drives all the R&D initiatives of the Company and overall new product development. BioTex specializes in high end specialty finishing textile chemicals like water & oil repellents, antimicrobials, etc. for textiles. It has critical industry certifications such as Bluesign, Global Organic Textile Standard, REACH, Bhive, ISO 9001:2015, ZDHC and OEKO-Tex, which makes the Company a preferred choice for global textile manufacturers.

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