SRF has received an approval for capital expenditure of approximately Rs 33 crore. The board of directors at its meeting held on February 11, 2014 has approved for the same.
The board approved Rs 11 crore capex for augmenting production facility for specialty chemicals at the company’s Chemical Complex in Dahej, Gujarat. The board also approved Rs 22 crore capex for augmenting quality of power for Gwalior unit of Technical Textile Business.
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.
