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Thereafter in 1982 then existing partners incorporated a private limited company at Mumbai under the name of Smoothex Chemicals Private Limited' for further expansion of the business.
In 1995 the then existing promoters incorporated another private limited company under the name of Oleofine Organics (India) Private Limited for expanding the capacity for polymer additives.
The Company was incorporated as a private limited company on May 24 2002 at Mumbai under the name of 'Fine Organic Industries (Mumbai) Private Limited'. A plot of MIDC land of 39412 square metre at Additional Ambernath was procured under a lease for 95 years.
In the First Ambernath Facility the company commissioned a fatty acids esters facility in 2006.
Organic Technologies also introduces new nutritional products into the marketplace in 2007.
In January 2009 the name of the Company was changed to Fine Organic Industries Private Limited for a better depiction of the nature and scale of operations and the business of the Company which is not limited to Mumbai only as contained in the original name with effect from February 16 2009.
In 2010 polymer additives capacity was expanded at the company's First Ambernath Facility.
In 2012 the company commissioned additional food and polymer additives unit at its First Ambernath Facility.
In 2014 the Company established Joint Venture with Zeelandia International at Mumbai to manufacture food premixes and to maximize the benefits of synergies.
In 2015 the company commissioned additional food and polymer capacity at its First Ambernath Facility.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fuji Hunt Specialty Products | 1909 | $53.3M | 654 | - |
| LANXESS Americas | 2004 | $7.8B | 14,000 | 26 |
| Ascend Performance Materials Holdings Inc | 2009 | $2.1B | 3,100 | 23 |
| Hexion | 1899 | $2.5B | 4,300 | 29 |
| MonoSol | 1953 | - | 420 | 10 |
| Evonik | 2007 | $15.3B | 33,409 | 179 |
| Wacker Chemie | 1965 | $5.4B | 1,400 | - |
| INOLEX | 1892 | $27.6M | 350 | - |
| Essential Industries | 2009 | $24.0M | 50 | - |
| BASF | 1865 | $63.6B | 117,628 | 103 |
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Wiley Companies may also be known as or be related to Organic Technologies and Wiley Companies.