SRF advances chemical expansion plans in India

Gurgaon, India – SRF Ltd of India is to carry out three R&D driven projects at a total estimated cost of around Rs. 200 crore for setting up new units in its chemical complex at Dahej in Gujarat. The projects concern a flexible multi-purpose plant, intermediate speciality plant and captive power plant.

All the three projects along with the ongoing project of multipurpose plant at the Dahej Chemical Complex on completion are intended to enhance SRF’s capability to cater to the increasing demand of world’s major pharma and agro companies for timely supply of new fluorospecialities at a competitive rate in large volume.

The flexible multi-purpose plant is expected to produce a variety of new and emerging fluorochemicals from a flexible production facility in campaigns. Though, the plant will essentially produce only one product at a time, it will have the flexibility to manufacture variety of products from the same facility.

Given the uncertainties involved in the success of such products of future, the flexible model of the new plant de-risks the plant from the possibility of a failure of some of the products, said SRF. The multi-purpose plant it added. should strengthen the group’s ability to produce new products in relatively short timeframes with marginal incremental investment.

The intermediate speciality plant, meanwhile, is expected to enable SRF to access a new range of high value speciality products, according to a company statement.

Established in 1973, Gurgaon-headquartered SRF operates technical textiles and chemicals business units, it portfolio including refrigerants, engineering plastics and industrial yarns.