FAR Chemical & Textile Ind. PLC
DDSE:FARCHEM16.00
BDT
+0.30
(+1.91%)
ISIN
BD0490FCIL03
Return %
Stock
S&P 500
1Y
-13.98
14.20
3Y
50.94
81.12
5Y
25.00
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Full Time Employees
- 1,242
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Dhaka Bangladesh
- IPO Date
- Feb 12, 2014
- Website
- farchemicaltextile.com
- Similar Companies
- Business
- FAR Chemical & Textile Ind. PLC, formerly known as FAR Chemical Industries Limited, is a Bangladesh-based manufacturer and exporter of specialty textile auxiliary chemicals and spinning products. Founded in 2007 and headquartered in Dhaka, Bangladesh, the company operates within the industrial chemicals and textile manufacturing sectors, primarily serving export-oriented textile mills, knitwear producers, dyeing units, and ready-made garment manufacturers. The company operates two principal business segments: Chemical Processing and Textile Spinning. Its core chemical portfolio comprises specialized formulation agents designed for yarn, fabric, and garment wet processing, including softening agents; scouring agents; anti-foaming agents; leveling and dispersing agents; fixing and crosslinking agents; bleaching and stabilizing agents; retarding agents; wetting and penetrating agents; and optical brightening agents. Through its spinning operations, the company manufactures and distributes textile materials, including 100% carded and combed cotton yarn; blended yarn; open-end rotor yarn; and specialized knitting and weaving yarns. In recent strategic developments, the company finalized a court-approved scheme of amalgamation and merger with S.F. Textile Industries Limited, absorbing all assets and liabilities of the export-oriented spinning mill to diversify and scale its revenue streams. Consequent to the amalgamation, the enterprise rebranded from FAR Chemical Industries Limited to FAR Chemical & Textile Ind. PLC to signify its combined specialty chemicals and textile manufacturing scope. Furthermore, the company restructured its operating footprint by relocating its chemical manufacturing operations from the Cumilla Export Processing Zone to its centralized manufacturing facility in Rupganj, Narayanganj, consolidating production lines to optimize logistical efficiencies, reduce overhead costs, and support integrated chemical-textile supply chains.