Fineotex Chemical co-producer CrudeChem Technology has officially launched an additional 15-acre operational facility in Midland, Texas, marking a significant milestone in the company's global expansion strategy. The development was announced through an official press release under Regulation 30 of SEBI regulations.

Facility Specifications and Capabilities

The newly commissioned facility is strategically located in the Permian Basin, one of the world's most prominent energy hubs. The facility enhances integrated capabilities across multiple operational areas including blending, storage, logistics, research & development, and quality assurance.

Infrastructure and Logistics Network

The facility is supported by a comprehensive logistics network comprising ISO tanks, tanker trucks, yard trucks, forklifts, field service vehicles, and frac tanks. This infrastructure enables seamless handling, storage, and distribution operations across the Permian Basin and adjoining energy markets.

A state-of-the-art laboratory currently under development is expected to strengthen capabilities in research, testing, quality assurance, and technical services, reinforcing the company's focus on innovation and product performance.

Strategic Market Positioning

Commenting on the expansion, Sanjay Tibrewala, Executive Director of Fineotex Chemical Limited, emphasized the facility's role in strengthening presence in one of the world's most important energy regions. The expansion reflects long-term commitment to supporting the evolving needs of the oilfield and energy sector through advanced chemical solutions and operational excellence.

This expansion represents a key step in CrudeChem Technology's long-term growth roadmap, underpinned by operational excellence, technological advancement, and customer-centric solutions for the global energy industry. As part of the Fineotex Group, this development strengthens the global specialty chemicals platform across multiple high-growth industries.

Fineotex Chemical Limited has announced a comprehensive plant visit for investors and analysts at its manufacturing facility in Ambernath, Maharashtra, scheduled for March 24, 2026. The company has formally notified both the Bombay Stock Exchange and National Stock Exchange of India about this engagement under SEBI Regulation 30 compliance requirements.

Scheduled Plant Visit Details

The plant visit is organized as an in-person event at the company's Ambernath facility, located at Anand Nagar, Additional M.I.D.C., Ambernath, Maharashtra – 421506. The comprehensive facility tour is scheduled from 08:00 AM to 05:00 PM IST on Tuesday, March 24, 2026.

Participating Investment Firms

The company will host a diverse group of 12 investment firms and analysts during the facility visit:

Regulatory Compliance and Information Disclosure

Fineotex Chemical has emphasized its commitment to regulatory compliance by formally notifying stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has specifically stated that no price-sensitive information will be discussed or disclosed during the plant visit, ensuring adherence to fair disclosure practices.

Visit Logistics and Flexibility

The company has indicated that the schedule for the plant visit is subject to change due to potential exigencies on the part of analysts or institutional investors. This flexibility demonstrates the company's commitment to accommodating the schedules of participating investment professionals while maintaining operational efficiency.

The notification was signed by Sunny Parmar, Company Secretary & Compliance Officer, and formally communicated to both major Indian stock exchanges where the company is listed with codes 533333 (BSE) and FCL (NSE).