SRF forms $ 9 mln JV in China

Saturday, March 17, 2007, 10:17 [IST]

New Delhi, Mar 7 (UNI) SRF Ltd will set up a 50:50 joint venture project in China to manufacture Anhydrous Hydrogen Fluoride at a cost of nine million dollars.

The project will come up in partnership with a leading Chinese Fluorspar producer envisaging a capital investment of three million dollars.

In addition, the company will increase the capacity of its Chloromethanos plant from 82.5 tonnes per day to 102 tonnes per day through debottlenocking at a cost of Rs 17 crore.

SRF Ltd, engaged in manufacturing technical textiles, fluorochemicals, packaging films and pharma chemicals today operates from eight plant locations in India and abroad and has attained market leadership position in many of the products it manufactures. UNI

Topics: BUSINESS-SRF-CHINA

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Saturday, March 17, 2007,10:18 [IST]

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