Chemours and SRF Limited form strategic
agreements in India to enhance global supply of fluoropolymers and
fluoroelastomers by 2026.
India and Delaware: The Chemours Company (Chemours), a
global leader in chemistry with strong positions in Thermal & Specialized
Solutions (TSS), Titanium Technologies (TT), and Advanced Performance Materials
(APM), has signed strategic agreements with SRF Limited (SRF), a diversified,
chemical-based conglomerate headquartered in India. SRF specializes in the
production of industrial and specialty intermediates, including fluoropolymers.
The collaboration is aimed at
strengthening Chemours’ global supply chain footprint, enhancing operational
flexibility, and expanding access to fluoropolymers and fluoroelastomers. These
essential materials are widely used across critical industries such as
semiconductors, automotive, aerospace, chemical processing, and oil and gas.
With this added capacity, Chemours will be able to improve supply reliability
for customers worldwide without requiring upfront capital investment.
By combining SRF’s established
manufacturing expertise with Chemours’ advanced product technology and rigorous
quality standards, the partnership will deliver a dependable supply of
high-quality products. The agreements will supplement Chemours’ global operations,
supporting its efforts to efficiently meet growing market demands.
“This arrangement with SRF exemplifies
our Pathway to Thrive strategy as we continue to shift our product mix to
higher value applications, enhancing our position as a trusted supplier paired
with our commitment to responsible manufacturing practices,” said Denise
Dignam, Chemours President and CEO.
“This strategic relationship with The
Chemours Company is a testament to SRF's proven capabilities in complex
chemical production,” said Prashant Yadav, President and CEO –
Fluorochemicals and Technical Textiles Businesses, SRF Limited. “We are
proud to reinforce our position as a trusted manufacturer of advanced materials
and believe this marks the beginning of a strong relationship with a global
leader in performance chemicals and advanced fluoropolymers.”
According to TechSci Research, the strategic collaboration between
Chemours and SRF Limited is expected to significantly benefit the chemical
industry by strengthening the global supply chain for critical materials such
as fluoropolymers and fluoroelastomers. These advanced materials are essential
in high-performance applications across industries including semiconductors,
automotive, aerospace, and oil and gas, where reliability and quality are
paramount. By leveraging SRF’s proven manufacturing capabilities in India
alongside Chemours’ advanced technologies and stringent quality standards, the
partnership will ensure a more stable and flexible supply of these materials,
reducing risks of shortages and supply disruptions. Additionally, the
collaboration allows Chemours to expand capacity without upfront capital
investment, enhancing operational efficiency while meeting rising global
demand. This move not only supports industrial growth but also reinforces the
chemical industry’s ability to deliver sustainable, high-quality solutions for
evolving market needs.