Established in 1973, SRF Ltd. is a leading Indian player in Technical Textiles, Refrigerant Gases and having operating interests in Packaging Films and Pharma Intermediates sectors. The company comprises a group of different businesses like Technical Textile Business, Chemical Business and Packaging Films Business. With seven production units in India and one overseas in Dubai under its fold, the company exports its products to over 60 countries.
Building on the strength of its TQM philosophy as a part of its daily life, the company added a new feather in its cap in the year 2004 when it became the first tyre cord company in the world to win the prestigious Deming Application Prize for Total Quality Management.
Building on its dominant positon in the domestic market, SRF enjoys a significant presence in the global market as well for all the three products under its Technical Textile Business - tyre reinforcements, belting fabrics and coated fabrics. Its tyre cord fabrics are used as reinforcement material for all categories of tyres – from bicycles to heavy commercial vehicles. The company’s Belting Fabrics are used as reinforcement material for manufacturing conveyour belts and its coated fabrics find applications as static and dynamic covers in various areas ranging from Agriculture to Defence applications.
SRF's Chemicals Business includes the Fluorochemicals and Fluorospecialities business lines. In the Fluorocarbon business space, SRF has grown to become the undisputed domestic market leader in its core product line of Refrigerant gases, while exporting two-thirds of its production to world-class international buyers spread across 60 countries. Refrigerant gases are used for a variety of industrial, commercial and household applications such as refrigeration and air-conditioning, as a blowing agent for insulating foam, as a propellant for aerosols, in mobile air conditioning, and as a propellant in metered dose inhalers for pharmaceutical companies.
SRF has also been taking responsible initiatives under the guidelines of UNFCCC (United Nations Framework Convention on Climate Change) as a part of its Clean Development Mechanism (CDM). SRF entered into the Fluorospecialties business in 2003-04 as a natural progression of its expertise in Fluorochemicals and its strong knowledge of halogen chemistry. This business is focused on addressing the need for complex organo-fluorine compounds.
The company’s Packaging Film Business produces PET films, which are used in packaging of food, cosmetics, personal and health care products. The focus of the business is to move up the value chain of packaging films and towards this end, it is a supplier of metallised films and holographic films apart from plain and chemically treated polyester films.
SRF is growing every moment in tune with its aspiration to achieve global leadership by 2020. It has recently announced its investment plan to install a polyester industrial yarn plant at its existing Gummidipoondi plant near Chennai. With its maiden entry into the polyester yarn SRF will thus become a one-stop shop for reinforcement fabric to the tyre companies in India.
Furthermore, among other projects the company is also planning to set up a new Chemical Complex at Dahej in Gujarat, which is fast developing as a premiere choice for such projects. In view of its healthy financial situation, the company is actively considering to expand its business through the inorganic route in its core area of business.
In 2004, SRF became the first tyre cord company in the world to win the prestigious Deming Application Prize for Total Quality Management.
SRF’s Chemical Business awarded with Responsible Care Logo by Indian Chemical Council (ICC), Mumbai.
SRF conferred with the prestigious Greentech Safety Platinum Award 2006-07.
SRF conferred with the prestigious Greentech Environment Excellence Platinum Award 2007.
SRF developed processes to manufacture HFC 134a, HFC 32 (different varieties of new generation refrigerant gases) through in-house R&D efforts.
The company holds a process patent for HFC 32, issued by the United States Patent and Trademark Office.