Stock Analyst Choice

Piping Money!

Finolex Industries has shifted strategy from selling resin to manufacturing PVC pipes. It is now the country's largest PVC pipe manufacturer

Finolex Industries has for the most part of its past made money selling PVC resins. That business now pales in front of the opportunities opening up in PVC pipes. Finolex has changed track to focus on pipes and has become the largest PVC pipe manufacturer in the country. Here are what will drive its fortunes ahead: The opportunities in pipes. PVC pipes are increasingly being used in agriculture. They are replacing the traditional galvanised iron (GI) and lead pipes. PVC pipes have a number of advantages: they are lightweight, easy to handle an

This article was originally published on January 08, 2015.


Other Categories