Archive · 9 Jan 2026
Tanfac Industries to Build ₹495 Crore Fluorochemicals Plant
Tanfac Industries, a company that makes chemicals, has decided to build a new factory in Cuddalore, Tamil Nadu.
This factory will make special chemicals called fluorinated chemicals and will cost ₹495 crore.
The factory is expected to be ready by November 2026 and will make 20,000 tonnes of chemicals every year.
The company will pay for this using a mix of their own money and borrowed money.
Additionally, the company has appointed new leaders and decided to split their shares to make it easier for more people to invest.
This is part of their plan to grow and make more types of chemicals.
Tanfac Industries approved a ₹495 crore investment to build a new fluorinated chemicals plant in Cuddalore.
The plant will have a capacity of 20,000 tonnes per annum and is expected to be completed by November 2026.
Funding will come from a combination of equity and debt.
The Board approved raising up to ₹500 crore through equity shares and appointed new leadership.
The company will sub-divide its equity shares from ₹10 to ₹5 to enhance liquidity and investor participation.
- Who
- Tanfac Industries Limited, a joint sector company promoted by Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation
- What
- Approved the establishment of a new downstream fluorinated chemicals manufacturing facility
- When
- January 9, 2026 (announcement), November 2026 (expected completion)
- Where
- Cuddalore, Tamil Nadu, India
- Why
- To expand its downstream product portfolio and support planned expansion into the downstream fluorinated chemicals segment
- Company
- Tanfac Industries Limited
- Investment
- ₹495 crore
- Location
- Cuddalore, Tamil Nadu
- Capacity
- 20,000 tonnes per annum
- Completion Date
- November 2026
- Funding
- Equity and debt
- New Chairperson
- Sandhya Venugopal Sharma, IAS
- New Managing Director
- Afzal Harunbhai Malkani