Hindustan Fluorocarbons has received a letter from Ministry of chemicals and Fertilizers, Department of Chemicals and petrochemicals with regard to the ongoing process of strategic disinvestment has been terminated and informed to initiate necessary action to organize sale of the 66 acres 13 gunthas vacant surplus land of the company and utilize the sale proceeds for giving of VRS/VSS to employees.
Hindustan Fluorocarbons is engaged in the manufacture of Polytetrafluroethylene (PTFE).