Stallion India Fluorochemicals to Set Up HFO Plant in Rajasthan under New MoU.

Stallion India Fluorochemicals Limited (SIFL), a leading integrated refrigerants and industrial gases company, has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to set up a Hydrofluoroolefin (HFO) manufacturing plant in Hurda, Bhilwara, as part of its capacity expansion program. The company plans to invest approximately ₹200 crore in the facility, with construction expected to begin in 2027.

Shazad Rustomji, Managing Director and CEO of SIFL, described the MoU as a “significant milestone” in the company’s growth strategy, aimed at advancing sustainable and low-global-warming refrigerant solutions. “HFOs represent the next phase of environmentally responsible refrigerants,” he said. “This facility will strengthen our product portfolio and long-term competitiveness.”

The expansion is being implemented in a phased manner. SIFL is targeting the commissioning of its R32 project by October 2026, followed by the HFO manufacturing plant, aligning capacity growth with internal projections and long-term turnover objectives.

Rustomji added that the company anticipates achieving a revenue CAGR of 30–35% over the next three years, while establishing a robust domestic manufacturing base that supports India’s vision of self-reliance in specialty chemicals and fluorochemicals.