Navin Flourine inaugurates Dahej Plant for manufacturing and supply of Hydrofluoroolefins

13 Jul 2022 , 02:04 PM

Honeywell and Navin Fluorine, a subsidiary of the Padmanabh Mafatlal Group, held an opening ceremony on July 12, 2022, at a plant in Dahej, Gujarat, where Honeywell’s Solstice zd is now being manufactured.

The plant was virtually inaugurated by Shri Bhupendrabhai Patel, Chief Minister of Gujarat, and Ken West, President of Honeywell Advanced Materials; Rajesh Rege, President of Honeywell India; Vishad Mafatlal, Executive Chairman of Navin Fluorine; and Radhesh Welling, Managing Director of Navin Fluorine were in attendance, along with other dignitaries.

Solstice zd is a hydrofluoroolefin (HFO) with a variety of applications, including foam insulation blowing agents and chiller refrigeration liquid.

The next-generation product portfolio has a GWP of one and no ozone depletion potential, allowing customers to reduce their carbon footprint and improve energy efficiency without sacrificing end-product performance.

Honeywell has already invested more than a billion dollars in R&D and new capacity for its Solstice technology, anticipating the need for lower-GWP solutions to combat climate change more than a decade ago.

“Navin Fluorine has completed this large project successfully through three difficult phases of the COVID-19 pandemic. Building this plant in less than two years demonstrates our strong technical capabilities and our commitment to expanding our partnership with Honeywell,” said Radhesh Welling, Managing Director of Navin Fluorine.

At around 2.08 PM, Navin Fluorine International was trading at Rs3,721.30 per piece, down by 0.23% from its previous closing of Rs3,729.70 on the BSE. The scrip touched intraday high and low of Rs3,790 and Rs3,714.80 respectively.