Navin Fluorine International’s wholly owned subsidiary -- Navin Fluorine Advanced Sciences (NFASL) has received an approval from the Board for a capital expenditure of Rs 450 crore for setting up a new 40,000 tonnes per annum hydrofluoric acid capacity at Dahej.
This is a new capacity for NFASL. Currently, the Company has AHF manufacturing plant with a capacity of approximately 20,000 tonnes per annum at Surat. The new capacity is expected to come on stream in 2 years. The project will be funded through a mix of internal accruals and debt.
Navin Fluorine International is primarily focuses on fluorine chemistry - producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers Contract Research and Manufacturing Services.
