SRF has received approval for expansion of the capacity for production of a high volume specialty product having requirement in agro, pharma and other specialty industries at an estimated cost of Rs 40 crore. This product and its derivatives are used as key raw materials in several of the upcoming products. In view of increasing demand the capacity of this product is being increased.
The Board of Directors of the Company at its meeting held on November 04, 2019 has approved the same. The proposed capacity addition is 1600 MTPA from the existing capacity of 1800 MTPA. The period within which the proposed capacity is to be added is by July 31, 2020.
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.
