Fairchem Organics Ltd

Fairchem Organics Limited was incorporated as a Public Limited Company on March 27, 2019. The Company is mainly in manufacturing of speciality chemicals like Oleo Chemicals and Intermediate Nutraceuticals. The manufacturing facility is set up at Village Chekhala, Ta. Sanand, Dist. Ahmedabad, Gujarat, India.

Fairchem has perfected the business model of procuring waste generated in the oil refining mills and then using state of the art process equipment to isolate and purify a variety of components from the waste. Some of these components are used as building blocks to make further value-added products like Dimer acid. Fairchem is India's only manufacturer of Dimer acid used in many consumer products including paints, printing inks, epoxy hardeners, drilling chemicals and moulds. The Company also processes Tocopherol which is used in formulating Natural Vitamin-E.

The Company tracks the import data from China as Chinese suppliers are main competitors for the Company. Based on analysis, the Company continues to maintain leadership position in Indian market by its pricing strategy, timely service, quick supply and fair terms of payment and quality product. Dimer Acid is a value added product of the Company which is derived as one of the streams by further processing Linoleic Acid.

Dimer Acid is used for making two kinds of polyamides i.e. Non-reactive and reactive. Non-reactive polyamides are used by manufacturers of printing inks, adhesives, paper coatings etc. Rising demand from industries such as printing inks, adhesives and paper coatings may drive global dimer acid market size for non-reactive polyamide resins. The demand for Reactive polyamide resins application will be driven by increasing surface coatings & adhesives demand in marine and construction. The end use of both - Linoleic Acid and Soya Fatty Acid - is same i.e. for making Alkyd Resins which in turn is used in making paints.

In 1996, the Company started producing mixed tocopherol concentrate