Fenchem Inc. announced its fiscal data in the first quarter (Q1) of 2013, stating a significant sales increase of 78 percent compared with that of 2012. Sales volume reached nearly $5 million in Q1. This is a new record for growth for Fenchem Inc. in the United States.
A significant portion of the growth from Fenchem Inc. is due to its strategic focus on specific products, concern for customers’ needs and the ability to provide customers with the support and service that they deserve. The first quarter of 2013 shows strong potential for the year to come due to Fenchem’s strong brand of trademarked products such as TOCOVET® Natural Vitamin E, HyaMax® Sodium Hyaluronate, In-fibre™ Organic Inulin and LuMarin™ Lutein. These products for the nutraceutical, pet/feed and food industries have a strong market presence in the U.S. With significant growth coming out of Fenchem’s Cosmetic and Personal Care business as well as its new Paint and Coatings business, we can only see big things coming from this company in the future.
Fenchem Inc. was the first overseas office opened by Fenchem Biotek LTD which actively sells to the U.S., Canada and Mexico. With a 600 percent growth rate over the last three years, Fenchem Inc. recently had to double its office and warehouse space, sales and support staff, and inventory to support its explosive growth. Fenchem Inc is now the largest global branch and helps support Fenchems four other branches, which are located in Czech Republic, Malaysia, South Africa and Germany.