Tanfac Industries Approves Downstream Expansion with X495 Crore Investment

Tanfac Industries Limited has approved the establishment of a new downstream fluorinated chemicals manufacturing facility with an installed capacity of 20,000 tonnes per annum at their existing manufacturing location in Cuddalore. The total investment for the project is estimated at approximately X495 crore and is expected to be implemented by November 2026. The project will be funded through a combination of equity and debt. The proposed facility will cater to both domestic and international markets, aligning with the company's long term growth strategy to expand its downstream product portfolio.