SRF’s board approves setting up of additional chloromethane facility at Dahej
31st Jul 2020

SRF’s board has given approval for setting up of an additional chloromethane facility at Dahej in Gujarat at a cost of Rs 315 crore. The company’s existing capacity of chloromethane, which is at 95,000 tonnes per annum, is fully utilised. The proposal is to add an extra 1,00,000 tonnes per annum capacity by January 2022. The Rs 315 crore investment required for the project will be raised through a mix of debt and internal accruals for the project. The rationale behind the project is the strategic need to expand the industrial chemicals portfolio.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.