SRF Capital Expenditure Proposal Approved By The Board
SRF Limited has informed that the board of directors of the company at its meeting approved the project for setting up of an integrated facility for the development of PTFE at an estimated cost of Rs. 424 Crores.
| existing capacity | NA |
| existing capacity utilization | NA |
| proposed capacity addition | 5,000 MTPA |
period within which the proposed capacity is to be added | 31st October 2021 |
| investment required | Rs. 424 Crores |
| mode of financing | Mix of debt and internal accruals |
| rationale | To enter into fluoropolymers segment of fluorocarbons to derive cost advantage from the integrated value chain. |
