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SRF to set up integrated facility for development of PTFE

06 Aug 2019 Evaluate

SRF has received an approval for setting up of an integrated facility for development of PTFE at an estimated cost of Rs 424 crore. The proposed capacity addition will be 5,000 MTPA.

The Board of Directors of the company at its meeting held on August 5, 2019, 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.

Peers
Company Name CMP
Godrej Industries 929.55
SRF 2354.95
BASF India 3165.45
Pidilite Inds. 1421.40
Tata Chemicals 602.60
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