Paradeep Phosphates has received approval for setting up an Aluminium Fluoride (AlF) manufacturing plant with a capacity of 15000 MTPA at Paradeep. The proposed project will enable value addition to HFSA by converting a low-value by-product into a high-value industrial chemical, diversify the company's revenue streams into industrial chemicals, improve profitability and operating margins, strengthen fluorine management, support circular economy and sustainability initiatives, and create opportunities for future expansion into fluorinebased specialty chemicals. The project involves an estimated investment of around Rs 250 crore.
The Board of Directors of the Company, at its meeting held on July 28, 2026, has approved the same.
Paradeep Phosphates is primarily engaged in manufacturing, distribution, trading and sales of a variety of complex fertilizers such as DAP, several grades of NPK, Zypmite and its by-product, Phospho-gypsum and HFSA.