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Refex Refrigerants
BSE: 532884|NSE: REFEX|ISIN: INE056I01017|SECTOR: Chemicals
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Company History - Refex Refrigerants
Refex Refrigerants Limited was incorporated as Refex Refrigerants 
 Private Limited on 13th September 2002, under the Companies Act,
 1956, 
 with Registration Number U28121TN2002PTC049601. The Company was 
 converted into a Public Limited Company on 13th March 2006 with the
 name Refex
 Refrigerants Limited.
 
 The Registered Office of the Company is situated 20, Mooker
 Nallamuthu Street, 
 Chennai-600001. The Company has its processing and refrigerant gas
 filling station 
 at 1/171, Old Mahabalipuram Road, Tiruporur-603110, Tamil Nadu. Refex
 
 Refrigerants Limited is an ISO 9001 Company engaged in the business
 of refilling and 
 selling non ozone depleting refrigerant gases popularly known as
 'HydrofluoroCarbons' 
 or 'HFCs, that are used in auto airconditioners, room air
 conditioners, commercial
 aircons,refrigerators and refrigerating equipments. These
 refrigerants are the 
 replacements for the CFC's and HCFC's which deplete the ozone layer.
 The CFC's are 
 to be banned in the country from 2010, after this ban HFC's have to
 be replaced with 
 the CFC's. So Refex saw the potential in the HFC business and started
 to import this 
 product from across the globe in the year 2000. They were importing
 this in their
 trading company. After seeing a growth in the imports they had
 planned to set up a 
 refilling plant in Chennai with the technical collaboration from
 Kaltech. This inititated the 
 birth of Refex Refrigerants Pvt ltd, with a refilling plant in
 Thiruporur near Chennai. Refex 
 started off with a capacity of 40MT per month with one storage tank
 and and one ISO 
 tank. Refex achieved a turn over of Rs. 11.17 crores the FY 2005-06.
 For the nine months 
 period ended 31/12/2006, Refex has achieved a total income of Rs.
 42.11 crores.
 
 Major events in the History of the Company:
 
 Year                                Event
 
 2002      
 
 -Refex Refrigerants was incorporated as a Private Limited Company
 
 2004      
 
 -Appreciation Letter received from Minister of State for Commerce &
 Industry, Government of India for the eco-friendly approach of the
 company to introduce HFCs in place of CFCs in the country and for
 establishing such a Project in Thiruporur, Kancheepuram District.
 
 2005        
 
 -The company was awarded with ISO 9001: 2000 Certificate by TUV
 Management Services
 
 2006      
 
 -Entered into Technical Collaboration with Kaltech Engineering and
 Refrigeration Pvt. Ltd., Singapore
 
 2007
 
 -Refex Refrigerants Ltd got its shares listed on the Exchange in the
 list of 'B1' Group Securities. 
 
 -The Company has received a special import license for importing 2000
 MT of HCFC Based Refrigerants from DGFT, Ministry of Commerce, New
 Delhi. 
 
 2008
 
 -Refex Refrigerants has picked up a 51% stake in Singapore based
 Kaltech Engineering and Refrigeration Pte Ltd for S $ 11 Millions.
Source : Dion Global Solutions Limited
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