SRF marks completion of the expansion of its fluorocarbon refrigerant gas capacity

SRF, a prominent industrial and chemical company, recently marked a significant milestone with the successful completion of its fluorocarbon refrigerant gas capacity expansion project (HFC). This project, which received board approval in July 2021 and incurred an investment of Rs 317 crore, was completed and announced on December 30.

The primary objective of this expansion initiative was to augment the production capacity of refrigerant gas. By doing so, SRF aims to better integrate its supply chains into the project, thereby ensuring a more robust and stable supply chain network. The commissioning of this project is not just a testament to its successful implementation but also positions SRF to significantly enhance its production and supply capabilities in the fluorocarbon refrigerant gas sector. This development was formally disclosed in a filing with the Bombay Stock Exchange (BSE) on December 30, 2023.

This development is a clear indicator of SRF’s strategic growth in the chemical industry and its commitment to expanding its market presence in the refrigerant gas sector.

According to the article by Procurement Resource, SRF has successfully completed its Rs 317 crore fluorocarbon refrigerant gas capacity expansion project. Announced on December 30, the project enhances SRF's production capabilities, strengthening its supply chain network in the refrigerant gas sector. This marks a significant stride in SRF's strategic growth and market expansion in the chemical industry.