Navine Flourine's Dahej plant starts production; Stock down 2%

20 Oct 2022 , 10:39 AM

Navin Fluorine International Limited has informed to the exchanges regarding commercialization of plant for manufacture of Hydrofluoroolefins.

As per the filing, the company informed that the plant for manufacture and supply of Hydrofluoroolefins set up by its wholly owned subsidiary, Navin Fluorine Advanced Sciences Limited, in Dahej, Gujarat, has commenced commercial production on Wednesday.

The development comes after successful supply of commercial trials to the customer. “The customer has validated the product specifications for the requisite batch quantities on agreed parameters”, the company said.

On Thursday, at around 10:39 AM, Navin Fluorine International Ltd is currently trading at Rs4,259.90 per share down by Rs93.35 or 2.14% from its previous closing of Rs4,353.25 per share on the BSE.

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