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SRF to set-up BOPET film line in Europe

08 Feb 2018 Evaluate

SRF has received capex approval for setting up of a BOPET film line in a new entity to be incorporated as a wholly owned subsidiary of the company in Europe at a cost of 58 million euro to be financed by loan and/or internal accruals.

The new capacity is being set up to serve customers in Europe, Russia and other markets. The board of directors at its meeting held on February 7, 2018 has approved for 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.

SRF Share Price

2771.90 52.50 (1.93%)
07-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3867.35
Tata Chemicals 804.70
SRF 2771.90
Pidilite Inds. 1451.20
Deepak Nitrite 1854.70
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