Refex Industries Ltd Company Summary

Refex Industries Limited (Formerly known Refex Refrigerants Limited) was incorporated on September 13, 2002. The Company began the business with a specialized focus on the refilling of ozone friendly Hydro fluorocarbons (HCF) refrigerant gases. These gases are primarily used as refrigerants, foam blowing agents, and aerosol propellants in automobile air conditioners, room air conditioners and refrigerating equipment.

Since 2002, Company broke the monopoly that existed in controlled refrigerant market. The name of the Company was thereafter changed to Refex Industries Limited dated November 22, 2013. These refrigerants are the replacements for the Chlorofluorocarbons (CFC) and HCFCs that deplete the ozone layer.

The CFCs are to be banned in the country from 2010, after this ban HFCs have to be replaced with the CFCs. So Refex saw the potential in the HFC business and started to import this product from across the globe in the year 2002. The company has importing this in their trading company.

After seeing a growth, the company has planned to set up a refilling plant in Chennai with the technical collaboration from Kaltech Engineering and Refrigeration Pvt.Ltd., Singapore. The company has set up a refilling plant in Thiruporur near Chennai. Refex has started with a capacity of 40MT per month with one storage tank and one ISO tank.

In November 2011, the Company ventured into solar energy generation and distribution, by running a solar power plant at Barmer Dist. in Rajasthan.The Company launched two products, Voltage Stabilizers and Stands for outdoor units in January, 2011. It started coal trading business in 2018.

It further launched two new products, R600 and R152a, which have low GWP and are replacements to R12 and R22 respectively, through canned form in 2020-21. The Company was among the first few companies to launch 450 ml refilling cans to set up renewal plants at automotive original equipment manufacturer (OEM) premises to launch blended gases within the Country. It added more cylinders and tonners and filling lines to its capacity this year, thereby increasing its refilling capacity to 2500 MT during FY 2021-22.Refex Green Mobility Limited (RGML) became wholly-owned subsidiary of the Company on April 17, 2023.

In 2024-25, Company has commissioned a 50.76 KWp rooftop solar power plant at Mahavir Vidhya Mandir in Rajasthan factory. It ventured into clean energy (wind) with Venwind Refex.Refex Mobility Limited (RML) was incorporated as wholly-owned subsidiary Company on 12 September 2025.