Srf Limited Approves Project to Create Mpp4 Plant At Dahej At A Cost of INR 375 Crores
May 05, 2021 at 03:18 am EDT
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SRF Limited at Board of Directors at its meeting held on May 05, 2021 has approved project to create MPP4 plant at Dahej at a cost of INR 375 Crores. Existing capacity; Not applicable, as there is no defined capacity for such type of plants, which will vary from different products produced from time to time. Existing capacity utilization Close to 90% - 100%. Proposed capacity addition; For Multi-Purpose plant at SRF's Chemical Complex in Dahej there is no defined capacity as it varies from products produced, from time to time. Period within which the proposed 14 Months - July 15, 2022 capacity is to be added; investment required INR 375 Crores.
SRF Limited is a chemical-based multi-business company engaged in the manufacturing of industrial and specialty intermediates. The Company's segments include Technical Textiles Business (TTB), Chemicals Business (CB), Packaging Film Business (PFB) and Others. The TTB segment's business includes nylon tire cord fabric, belting fabric, polyester tire cord fabric and industrial yarns and its research and development. The CB segment's business includes refrigerant gases, industrial chemicals, specialty chemicals, fluorochemicals and allied products and its research and development. The PFB segment's business includes polyester films and polypropylene films. The others segment includes coated fabric, laminated fabric and other ancillary activities. The Company has around 12 manufacturing plants in India and one each in Thailand, South Africa and Hungary. The Company exports to over 90 countries. It serves various industries, such as automotive, pharmaceuticals, manufacturing and chemicals.