# Fine Organic Industries to set up Fine Zeelandia joint venture in Mumbai

Fine Organic Industries is investing Rs 55 crore in setting up a Fine Zeelandia facility in Mumbai in association with Dutch family-owned Zeelandia International, part of the Royal Zeelandia group.

- Type: Partnership
- Announced: 2018-06-16
- Where: Mumbai, India
- Value: $8.10M (550.0M INR)
- Status: announced
- Products: specialty additives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Fine Organic Industries](https://endata.com/companies/32617.md)
- [Zeelandia International](https://endata.com/companies/32618.md) (partner)
- [Adcotec](https://endata.com/companies/32619.md) (partner)

## Sources

- [grajapurkar.blogspot.com](https://grajapurkar.blogspot.com/2018/06/fine-organic-industries-ipo-review.html), 2018-06-16: "It is also looking at investing Rs 55 crore in setting up Fine Zeelandia facility in Mumbai in association with Dutch family-owned Zeelandia International"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.