Company History - Refex Industries
Refex Refrigerants Limited was incorporated as Refex Refrigerants
Private Limited on 13th September 2002, under the Companies Act,
with Registration Number U28121TN2002PTC049601. The Company was
converted into a Public Limited Company on 13th March 2006 with the
The Registered Office of the Company is situated 20, Mooker
Chennai-600001. The Company has its processing and refrigerant gas
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
or 'HFCs, that are used in auto airconditioners, room air
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.
Major events in the History of the Company:
-Refex Refrigerants was incorporated as a Private Limited Company
-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.
-The company was awarded with ISO 9001: 2000 Certificate by TUV
-Entered into Technical Collaboration with Kaltech Engineering and
Refrigeration Pvt. Ltd., Singapore
-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
-Refex Refrigerants has picked up a 51% stake in Singapore based
Kaltech Engineering and Refrigeration Pte Ltd for S $ 11 Millions.
-The company appointed Mr. Sumarmal Mehta as an additional Director.
-The company appointed Mr. Hem Senthil Raj as an Additional
-The name of the company changed from Refex Refrigerants Ltd. to
Refex Industries Ltd.
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