Gujarat Fluorochemicals Limited (GFL), part of the INOXGFL Group, has announced plans to expand refrigerant capacity and fully utilise its refrigerant gas entitlement under the Montreal Protocol and the Kigali Amendment.
GFL's current refrigerant portfolio comprises R32, R22, R125, and R410A. The planned addition of R134A capacity will enable the company to offer a broader product basket, address diverse customer requirements, optimise its product mix, and maximise utilisation of its refrigerant gas entitlement as per designated quota under the Kigali Amendment.
The expansion draws on GFL's integrated manufacturing capabilities, established global marketing network, and over three decades of expertise in refrigerant gases. GFL has all necessary approvals, infrastructure, and compliance mechanisms to fully utilise this entitlement.
Dr. Bir Kapoor, Deputy Managing Director and CEO of Gujarat Fluorochemicals Limited, said the planned expansion including the addition of R134A is an important step in strengthening GFL's refrigerant portfolio and fully utilising the designated entitlement under the Kigali Amendment. He said the expansion will provide flexibility to optimise product mix and create long-term value for customers and stakeholders.
Growing demand for refrigerants is driven by rising adoption of air-conditioning across India and international markets. GFL operates three manufacturing units in Gujarat and a captive fluorspar mine in Morocco, with a portfolio spanning fluoropolymers including PTFE, PFA, FEP, FKM, PVDF, and fluoropolymer additives. GFL has expanded its global presence through wholly owned subsidiaries including Gujarat Fluorochemicals GmbH in Hamburg, Germany, and GFL Americas in Texas, USA.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.