Fineotex Chemical announces acquisition of U.S. speciality oilfield chemicals groupFineotex Chemical announces acquisition of U.S. speciality oilfield chemicals group

Introduction

Leading specialty chemical firms have acquired a U.S.-based oilfield chemicals group, gaining access to North America’s $11.5 billion market and advanced ESG-compliant chemical solutions for global oil and gas sectors.

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Share price movement of Fineotex Chemical

On December 5, 2025, Fineotex Chemical Ltd opened at ₹24.00, up 0.08% from its previous close of ₹23.98. The stock touched a high of ₹25.90 (8.05%) and a low of ₹24.00. By 3:42 PM, it traded at ₹25.46, a 6.17% increase, with a full market cap of ₹2,917.08 crore.

Fineotex Acquires U.S. Oilfield Chemicals Group

Fineotex Chemical Limited announced the acquisition of CrudeChem Technologies Group in the U.S. The move aims to strengthen its global presence and expand its portfolio in specialty oilfield chemicals.

CrudeChem Technologies Group is a U.S.-based manufacturer of advanced chemical fluid additives and oilfield chemical solutions. It serves major energy producers and oilfield service companies worldwide with proven performance.

The acquisition provides Fineotex access to North America’s $11.5 billion market in 2025. It leverages CCT’s technical labs, facilities in Texas, and ESG-compliant solutions for oil, gas, and water-treatment segments.

Stock performance of Fineotex Chemical for Period of 1 week, 6 months, and 1 year

Fineotex Chemical Ltd delivered a -4.77% return over the past week, declined 5.70% in the past six months, and fell 32.3% over the past year.

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Shareholding pattern of Fineotex Chemical

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	62.90%	62.90%	62.90%
FII	2.40%	2.50%	2.80%
DII	1.60%	3.20%	3.70%
Public	33%	31.40%	30.60%

About Fineotex Chemical

Fineotex Chemical Limited (NSE: FCL) manufactures specialty performance chemicals for textile, water treatment, oil & gas, and home care industries, operating facilities in India and Malaysia and serving customers in over 70 countries globally.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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