SRF to set up integrated facility for development of PTFE

SRF Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 503806 | NSE: SRF

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	1107.45
SRF	2561.00
BASF India	3607.50
Pidilite Inds.	1566.10
Tata Chemicals	693.50
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