SRF forms $ 9 mln JV in China
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
Story first published: Saturday, March 17, 2007, 10:17 [IST]