We set up the Laminated Fabrics Business in 2010 with the commencement of our plant at Kashipur, India. The business delivers quality solutions to the printing, advertising & signage industry.
The Gummidipoondi plant is equipped with world-class facilities for manufacturing yarn, weaving and coating and is fully integrated for manufacture of coated fabrics with PVC formulation.
Spread over an area of ~293 acres, SRF’s Dahej facility in Gujarat is the company’s biggest manufacturing facility to-date. It was set up in 2012 with state-of-the-art equipment and best of the brains in the industry to serve the specific needs of its customers.
We set up two Packaging Films facilities in Thailand and South Africa in the same year to cater to our customers worldwide.
The company closed its manufacturing operations in Jebel AN Free Zone, Dubai. SRF Overseas Ltd. (a wholly-owned subsidiary of the company) manufactured nylon tyre cord fabric at its Dubai plant.
We acquired the Dymel® HFA 134a/P regulated medical pharmaceutical propellant brand from DuPont™ in January 2015 along with the technology to convert our technical grade of F 134a to the propellant grade. This made us one of the few manufacturers of Pharma grade HFA 134a/P in the world, which is used in Metered Dose Inhalers as a propellant.
With the aim of dominating the fast-growing domestic market and leveraging low cost for global play, the company set up a distribution network for refrigerants and chemicals in Thailand through SRF Industries (Thailand).
SRF’s Packaging Films Business set up a BOPET and BOPP films manufacturing facility at the Domestic Tariff Area (DTA), in Indore, Madhya Pradesh to tap the growth of the flexible packaging sector in India.
SRF acquired the HFC-125 assets and the technical know-how on an exclusive basis. The company relocated the assets to India and set up the facility for manufacturing HFC-125 at its Chemical complex in Dahej, Gujarat. With this acquisition, SRF gained the unique advantage of manufacturing all three major HFCs, namely HFC 134a, 32 and 125, which are marketed under the FLORON® brand.
The South African subsidiary was assessed to have become unviable and hence the operations were closed during the year.
The company sold its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences company in an all-cash transaction, amounting to INR 320 crore, making a strategic exit to focus on core businesses.
The company closed its Technical Textiles Business (TTB) manufacturing plant in Rayong, Thailand and the TTB capacities in Rayong were integrated with our India operations.
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