Navin Fluorine Fuels Growth with ₹311.5 Cr Capex Boost

Navin Fluorine International has approved a capital expenditure of ₹311.5 crore to enhance its production capabilities.

Of this, ₹236.5 crore will be invested to expand hydrofluorocarbon (HFC) capacity at its Surat unit by up to 15,000 MTPA of R32 equivalent, targeting the growing demand for R32, a key refrigerant in the HVAC sector. An additional ₹75 crore has been allocated to debottleneck the multi-purpose plant (MPP) at Dahej.

The investment will be implemented through the company’s wholly-owned subsidiary, Navin Fluorine Advanced Sciences, and is expected to optimize existing operations while improving overall production efficiency.

News by Rahul Yelligetti.