Expansion28 Jul 2026, 06:20 pm
Paradeep Phosphates to Invest ₹250 Cr in AlF₃ Plant
AI Summary
Paradeep Phosphates Limited has approved the establishment of an Aluminium Fluoride (AlF₃) manufacturing plant with a capacity of 15,000 MTPA at Paradeep. The project involves an investment of approximately ₹250 Crores and will utilize Hydrofluorosilicic Acid (HFSA), a by-product of phosphoric acid production. This initiative aims to add value to a by-product, diversify revenue into industrial chemicals, improve profitability, strengthen fluorine management, and support sustainability goals.
Key Highlights
- Board approves ₹250 Cr investment for AlF₃ plant.
- New plant to produce 15,000 MTPA of Aluminium Fluoride.
- Utilizes HFSA by-product, enhancing value and sustainability.
- Diversifies revenue into industrial chemicals sector.
- Expected to improve profitability and operating margins.
Price Impact
More from PARADEEP