Tanfac’s ₹495 Cr Bet on Fluorinated Chemicals

The board of Tanfac Industries Limited has approved the establishment of a new downstream fluorinated chemicals manufacturing facility involving an investment of ₹495 crore, the company said in a regulatory filing.

Tanfac Industries, a joint sector company promoted by Anupam Rasayan India Limited and the Tamil Nadu Industrial Development Corporation, said the proposed facility will have an installed capacity of 20,000 tonnes per annum.

The new plant will be set up at the company’s existing manufacturing site in Cuddalore and is expected to be commissioned by November 2026. The project will be funded through a combination of equity and debt.

The company said the investment forms part of its long-term growth strategy to expand its downstream fluorinated chemicals product portfolio.

News by Rahul Yelligetti.