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Navin Fluorine inks Rs 2,900 cr global contract

New Delhi, Feb 25 () Flurochemicals maker Navin Fluorine International on Tuesday said it has entered into a USD 410 million (Rs 2,900 crore) contract with a global firm for supply of high performance product. The company will execute the order through its owned subsidiary Navin Fluorine Advanced Sciences Ltd (NFASL). The contract is for seven years. Commenting on the development, Navin Fluorine Managing Director Radhesh Welling said: “This agreement, which represents Navin Fluorine’s largest contract to date, continues to establish us as a leader in production and delivery of high performance product (HPP) within fluorination space.” This is beginning of the company’s entry into higher value HPP segment and it should continue to add more products in this segment, he said in a statement. The

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