REFEX INDUSTRIES LTD. EXPANDS INTO GREEN MOBILITY AND ASH HANDLING

Refex Industries Ltd has established itself as a multifaceted company with a diverse portfolio of refrigerant gases, power trading , green mobility, ash and coal handling .

- RAJIV KAPOOR

Since inception the company has been dedicated to refilling refrigerant gases that serve as replacements for harmful chlorofluorocarbons or CFCs and hydrochlorofluorocarbon or HCFCs .

The refrigerant gases are crucial in various applications such as air-conditioning ,refrigeration, flume blowing agents and aerosol propellant. The company has operating refilling facilities in Chennai , Tamil Nadu. In 2018, Refex diversified into the business of ash and coal handling business, making an assessment that the market size of this industry was over Rs 25000 crores and could be a good viable business proposition. In a short span of time, Refex has emerged as a major organised player in the ash disposable sector , actively mitigating environmental pollution caused by the generation as ash during coal combustion in thermal power plants.