Environmental Clearance received for proposed R-32 plant in Rajasthan

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AI summary

Stallion India Fluorochemicals has received Environmental Clearance from SEIAA Rajasthan for its proposed R-32 (Difluoromethane) manufacturing plant in Bhilwara, Rajasthan. The plant will have a capacity of 10,000 MT per annum of R-32, with 46,460 MT per annum of Hydrochloric Acid as a by-product. It will also produce 7,500 MT per annum of blended refrigerants (R-410A, R-407C, R-404A and others). The clearance is valid for 10 years and is a key regulatory approval needed for the project.

Likely market impact

Positive milestone. EC is a key regulatory approval required to proceed with construction of the proposed R-32 plant. No revenue impact yet as plant is not commissioned.