SRF approves three Dahej projects; Capex investment of Rs. 645 Cr
SRF Limited, a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates, board has approved three projects with a projected cost of Rs. 645 crore.
The board has approved a project for setting up a range of Specialty Fluoropolymers at Dahej at a projected cost of Rs. 595 crore. The project is expected to be commissioned in 24 months.
The board has also approved a project for setting up a new and dedicated facility to produce an agrochemical intermediate at Dahej at a projected cost of Rs. 110 crore to meet the growing demand for the product in the future. This project is expected to be commissioned in ten months.
In addition, to cater to the growing requirements of new and upcoming plants at Dahej, the board has approved a project to create a structure for a new plant building at a projected cost of Rs. 40 crore.
Established in 1970, SRF Limited with an annual turnover of Rs. 12,313 crore is a chemical based multi- business entity engaged in the manufacturing of industrial and specialty intermediates. The company’s diversified business portfolio covers Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles, Coated and Laminated Fabrics.
Anchored by a strong workforce of 7,000+ employees from different nationalities working across eleven manufacturing plants in India and one each in Thailand, South Africa and Hungary, the company exports to 90+ countries. Equipped with R&D facilities, SRF has filed three hundred and ninety-eight patents for R&D and technology so far, of which one hundred and thirty patents have been granted globally.