Faircot SA history and presence worldwide
The Company was incorporated in August 2015 and has grown over the last seven years reaching a yearly traded volume exceeding hundred Thousand Metric tons of fiber in 2021.
The company has established a solid global presence in most major producing areas in South America, Africa, the Mediterranean and Middle East as well as in all major consuming markets in the Far East, Indian sub-continent, Middle East and Europe.
Faircot SA works with a select network of professional trustworthy and reliable agents.
Between its Executive Management and its Board, Faircot SA has more than hundred years of cumulative experience in international cotton trading and merchandising.
Thanks to the management’s life-long experience in the cotton industry, strong reputational standing and vast international contacts, the company has from day one benefited from a robust network of suppliers, customers, agents and logistical companies.
The Management Team has been working in the cotton business for a few decades and has always maintained the highest level of integrity and professionalism.
The first steps taken by Faircot SA has been to register with the main trade associations; ICA, AFCOT, AQSIQ. The Management believes in strong business ethics and strives to maintain the same standards for the benefit of all business partners of Faircot.
During the last decade, the cotton trading industry has been consolidating. Large multi-commodity companies grew at the expense of ever higher overheads per incremental volume. Meanwhile, smaller sized traditional cotton companies have pulled out of the cotton market due to inadequacy of their trading strategies in an environment with increased volatility and risks. With consumption changes in China, India and Pakistan, the international trade flows have shifted dramatically; with international trading opportunities for big volume purchases and sales having considerably declined.
We envisage to differentiate ourselves from the main large market players by offering a more personalized, flexible, tailor-made quality service to suppliers and customers, providing them with timely execution and delivery, assisting them to better manage their risks.
The textile mills we are working with are buying raw material of varying quality parameters to produce specific yarns, and raw cotton represents between 50 to 70% of the cost of their finished product.
We believe we can help them better manage their purchases and bring a great deal of added value.
We care about our Planet and are concerned about Future Generations and Environment
We care about our People and all our Stakeholders
We hold Business Integrity, Reliability and Compliance with laws high
We are Ethical, Responsible and Accountable
We ask our management, our employees and stakeholders to strictly follow
our company’s Risk Policy as well as Code of Conduct.