India's SRF to set up BOPET film unit

18 December 2007 14:12  [Source: ICIS news]

MUMBAI (ICIS news)--India’s SRF Industries is planning to set up a 27,000 tonne/year biaxially-oriented polyester (BOPET) film plant at a location to be determined later, the firm said in a statement on Tuesday.

The fluorochemical company is planning to invest around Indian rupees (Rs) 1.6bn ($40.5m) for the plant.

The company is also planning to set up a 15 megawatt (MW) wind power farm in Tamil Nadu at Rs92m for captive use.

SRF Industries is a leading company in technical textiles, refrigerant gases and having operating interests in packaging films and pharma intermediates sectors.

($1 = Rs39.40)

By: Aaron Rodrigues
+65 6780 4359

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