MoU7 Feb 2026, 04:52 pm
Stallion India Fluorochemicals to Set Up HFO Manufacturing Plant in Rajasthan
AI Summary
Stallion India Fluorochemicals Limited (SIFL) has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to set up a Hydrofluoroolefin (HFO) manufacturing plant at Bhilwara (Hurda), Rajasthan. The company plans to invest approximately 200 crore in this facility, with the start of work on the production plant in 2027. This move is part of SIFL's expansion journey towards advanced and sustainable refrigerant solutions, aligning with India's vision of self-reliance in specialty chemicals and fluorochemicals.
Key Highlights
- SIFL to set up HFO manufacturing plant in Rajasthan with an investment of approximately 200 crore.
- The MoU marks an important milestone in SIFL's expansion journey towards advanced and sustainable refrigerant solutions.
- HFOs represent the next phase of low-global-warming-potential refrigerants, strengthening SIFL's product portfolio and long-term competitiveness.
- The expansion is being executed in a calibrated and phased manner, with the R32 project targeted for commissioning by October 2026.
- SIFL aims to achieve a 30-35% revenue CAGR over the next three years, creating a strong domestic manufacturing base aligned with India's vision of self-reliance.