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Gujarat Fluorochemicals Limited (GFL) is an industrial refrigerant manufacturer in India. It is one of the largest producers (by volume) of chloromethane, refrigerants and polytetrafluoroethylene (PTFE).[3]
 | |
| Company type | Public, part of InoxGFL Group |
|---|---|
| BSE: 500173 NSE: FLUOROCHEM | |
| Industry | Industrial gases |
| Founded | 1987[1] |
| Headquarters | Inox Towers Noida, Uttar Pradesh, India |
| Revenue |  ₹5,775 crore (US$690 million) (FY23)[2] |
| ₹1,328 crore (US$160 million) (FY23)[2] | |
| Website | www |
The company was incorporated in 1987, is a subsidiary of Inox Leasing and Finance Limited. GFL has two manufacturing facilities in Gujarat, a refrigerant plant at Ranjitnagar near Ghoghmba town Panchmahal, and a PTFE facility at Dahej.[4][5] It has two subsidiaries - Gujarat Fluorochemicals Americas LLC and Gujarat Fluorochemicals GmbH to cater Americana and European operations respectively.[citation needed]
In 2000s, the company was embroiled in "shoddy practice" of destroying HFC 23, a byproduct released in the coolant-making process at its plant at Nathkuva village in Halol. In return, company was earning "lucrative" carbon credit.[6] As per the 2010 Hindustan Times reporting, the company earned nearly half of its revenue for FY 2009-2010 from the sale of carbon credits.[7]
- On 16 December 2021, 7 people died and 23 others were injured in a blast that took place at GFL's refrigerant manufacturing plant in Ranjitnagar village, Ghoghamba taluka of Panchmahal district.[8][9][10]
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