The expansion project will cater to the growing demand for fluorochemicals in pharmaceutical, agro-chemical and emerging renewable sectors.
The Board of Navin Fluorine Advanced Sciences Limited (NFASL), a wholly owned subsidiary of Navin Fluorine International Limited, has approved a capital expenditure of Rs 450 crores 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 project will be funded through a mix of internal accruals and debt.
The expansion project will cater to the growing demand for fluorochemicals in pharmaceutical, agro-chemical and emerging renewable sectors.
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