Indian refrigerant manufacturer SRF Limited says it has obtained ASHRAE (American Society of Heating, Refrigeration, Air-conditioning Engineers) certification for R-467A, its new, low GWP refrigerant blend for stationary air-conditioning applications. It is the first-ever refrigerant from India to have received this certification by the ASHRAE Standards Committee under the Designation and Safety Classification of Refrigerants.
Developed using in-house, patented technology, the new R-467A is a non-toxic, mildly flammable refrigerant designed mainly for use in stationary air-conditioning applications. The product offers superior refrigerant performance and stability and will be marketed under SRF's FLORON® brand of refrigerants.
Commenting on this development, Prashant Yadav, president and CEO, Fluorochemicals Business, SRF Limited said, "An approval by the ASHRAE Standards Committee is testimony to the fact that SRF has always been at the forefront of major fluorine-based gas transitions set by international regulations to reduce the global emissions of greenhouse gases. Backed by breakthrough R&D, SRF continues to remain committed to developing the nextgeneration of fluorinated gases that have minimal impact on the environment. We believe that this will provide a good mid term solution and option to our customers globally."
Shares of SRF LTD. was last trading in BSE at Rs.2734.45 as compared to the previous close of Rs. 2734.1. The total number of shares traded during the day was 5299 in over 414 trades.
The stock hit an intraday high of Rs. 2775 and intraday low of 2727.95. The net turnover during the day was Rs. 14574784.