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Tanfac Industries Ltd. Company History and Annual Growth Details
1972 - The company was incorporated on 20th December, at Madras. The company was promoted as a joint sector company by Tamil Nadu Industrial Development corporation Ltd. (TIDCO) and as individual promoter with his associates.
- A fresh promotional agreement was entered into TIDCO and HINDALCO.
- The company entered into a technical collaboration agreement with Buss Ltd. for basic enginering drawings and permission to operate fluidised bed aluminium fluoride process.
- With the technology from Buss of Switzerland, Tanfac has been able to produce aluminium flouride of international quality. The Company has been meeting fully the needs of aluminium producers in India and also developing a lucrative trade in exports.
- Tanfac has also been able to diversity the product lines for turning out Sulphuric acid, anhydrous hydrofluoric acid and potassium fluoride. These chemicals have wide industrial applications.
1989 - The unit developed a new process for the manufacture of Sodium fluoride.
2001 - Tanfac Industries, the joint venture between the Aditya Birla group and the Tamil Nadu Industrial Development Corporation (Tidco), has suspended operations of its new organo-fluorine division following the business becoming unviable.