SRF gets nod to expand Fluorocarbon Refrigerant Gas Capacity
29th Jul 2021

SRF’s board has approved a project for Expansion of Fluorocarbon Refrigerant Gas Capacity, with backward integration into key raw material, at Dahej at an estimated cost of Rs 550 crore which will be funded through a mix of debt and internal accruals.

The existing capacity is 50,000 MTPA and the existing capacity utilization > 80%. The proposed additional capacity is 15,000 MTPA of fluorocarbon refrigerants and certain key raw materials. The new capacity will come on stream within 24 months - by July, 2023. The expanded capacity will cater to the expected demand from the domestic and export markets. The Board of Directors at its meeting held on July 28, 2021 has approved the same.

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.