"Tanfac Industries has announced a ₹495 crore investment to establish a fluorinated chemicals facility in Cuddalore."

The board of Tanfac Industries Limited recently approved the setting up of a new downstream fluorinated chemicals manufacturing facility with an investment of ₹495 crore, the company said in a regulatory filing.

Tanfac Industries, a joint sector company promoted by Anupam Rasayan India Limited and the Tamil Nadu Industrial Development Corporation, said the proposed facility will have an installed capacity of 20,000 tonnes per annum.

The plant will be established at the company’s existing manufacturing site in Cuddalore and is expected to be commissioned by November 2026. The project cost will be funded through a mix of equity and debt.

The company said the investment is part of its long-term growth strategy aimed at expanding its downstream fluorinated chemicals product portfolio.