->Mean as custard: tone down promotional material

2021-10-14T09:07:43Z

tone down promotional material

CleanupBot: /* References */clean up, add source tag

2021-06-01T19:02:43Z

References: clean up, add source tag

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>Aanvi7017: I have added the names of key people like Managing Director of the company and Chairman's name

2021-04-29T11:46:37Z

I have added the names of key people like Managing Director of the company and Chairman's name

New page

{{short description|Indian manufacturing company}}
{{Use dmy dates|date=December 2017}}
{{Use Indian English|date=December 2017}}
{{Infobox company
| name = SRF Limited
| logo =
| caption =
| type = [[Public company]]
| traded_as = {{BSE|503806}} <br /> {{NSE|SRF}}
| genre =
| fate =
| predecessor =
| successor =
| foundation = {{Startdate|1970}}
| founder =
| defunct =
| location_city = [[Gurugram]]
| location_country = [[India]]
| location =
| locations =
| area_served =
| key_people = Arun Bharat Ram, Chairman
Ashish Bharat Ram, Managing Director
Kartik Bharat Ram, Deputy Managing Director
| industry =
| products = Chemicals <br /> Packaging Films <br /> Technical Textiles
| services =
| revenue = 7,259 crores INR (US$ 968 million) in FY20
| aum = 
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = {{URL|www.srf.com}}
| footnotes =
| intl =
}}
'''SRF Limited''' is a multi-business chemicals conglomerate engaged in the manufacturing of industrial and specialty intermediates. The company’s business portfolio covers Fluorochemicals, Specialty Chemicals, Packaging Films, Technical Textiles, Coated and Laminated Fabrics.<ref name="srf-ops">{{cite web|title=Global Operations|url=http://www.srf.com/GlobalDubai.aspx|accessdate=2011-08-31|publisher=SRF Limited}}</ref> Anchored by a strong workforce of close to 7,000 employees from different nationalities working across eleven manufacturing plants in India and one each in Thailand, South Africa and Hungary, the company exports to more than 75 countries.<ref>{{Cite news|last=Market|first=Capital|date=2020-08-05|title=SRF gains on commissioning new BOPET film line in Hungary|work=Business Standard India|url=https://www.business-standard.com/article/news-cm/srf-gains-on-commissioning-new-bopet-film-line-in-hungary-120080500547_1.html|access-date=2021-02-09}}</ref>

==History==
The company was established in 1970, as '''Shri Ram Fibres Limited''', by DCM Limited as a wholly owned subsidiary. Its initial focus was on the manufacture of nylon cord fibers for tires. Its first manufacturing plant was set up in Manali, near [[Chennai]], in 1973.<ref name=srf-hist>{{cite web|url=http://www.srf.com/History.aspx|title=History|publisher=SRF Limited|accessdate=2011-08-31}}</ref> Over the years, the company diversified its product offerings into Chemicals, Packaging Films and Technical Textiles.<ref>{{Cite news|last=ANI|date=2019-05-12|title=SRF Limited announces definitive agreement to sell its Engineering Plastics Business to DSM|work=Business Standard India|url=https://www.business-standard.com/article/news-ani/srf-limited-announces-definitive-agreement-to-sell-its-engineering-plastics-business-to-dsm-119051200172_1.html|access-date=2021-02-09}}</ref> In 1990, it changed its name to SRF Limited.

In 1986, the company set up a [[joint venture]] with [[Denso]], '''SRF Nippondenso''', for the manufacture of automotive components. This was later spun off as a separate company in 1993. Another subsidiary, ''SRF Finance'', started in 1986 was sold to GE Capital in 1997. SRF also had a health-care division which manufactured plastic optical lenses, which was spun off as a separate company in 1997.<ref name=srf-mile>{{cite web|url=http://www.srf.com/milestones.aspx|title=Milestones|publisher=SRF Limited|accessdate=2011-08-31}}</ref>

SRF Limited was listed in the 2011 [[Asia]]'s ''Best under a Billion'' list by ''[[Forbes magazine]]''.<ref name=forbes-buab>{{cite web|url=A://www.forbes.com/lists/2011/24/best-under-a-billion-11_rank.html|title=Asia's Best under a Billion|work=Forbes|date=2011-08-30|accessdate=2011-08-31}}</ref><ref>{{Cite web|title=SRF - We always find a better way {{!}} Investors|url=https://www.srf.com/investor-relations/investors.html#reports|access-date=2021-02-12|website=www.srf.com}}</ref>

== Market Leadership ==
The company is a market leader in most of its business segments in India and commands a significant global presence in some of its businesses, namely Nylon 6 Tyre Cord (global no 2) and Conveyer Belting Fabrics (global no. 3). <ref>{{Cite web|title=Coach and Captain- Business News|url=https://www.businesstoday.in/magazine/indias-best-ceos/coach-and-captain/story/425914.html|access-date=2021-04-29|website=www.businesstoday.in}}</ref> SRF is the only Indian manufacturer of ozone friendly refrigerants, namely F 134a and F 32, both of which it has developed using indigenous technology. <ref>{{Cite web|last=Ram|first=R. Sree|date=2020-08-11|title=Steady chemicals and packaging films biz save SRF from covid hit|url=https://www.livemint.com/market/mark-to-market/srf-shares-soar-as-it-commissions-new-specialty-chemicals-facility-11597126016319.html|access-date=2021-04-29|website=mint|language=en}}</ref><ref>{{Cite web|last=Ram|first=R. Sree|date=2020-01-06|title=Chemicals business props up SRF amid deepening slowdown|url=https://www.livemint.com/market/mark-to-market/chemicals-business-props-up-srf-amid-deepening-slowdown-11578238626294.html|access-date=2021-04-29|website=mint|language=en}}</ref><ref>{{Cite web|last=Ram|first=R. Sree|date=2019-06-24|title=SRF: Robust growth in specialty chemicals biz yields good crop for now|url=https://www.livemint.com/market/mark-to-market/srf-robust-growth-in-specialty-chemicals-biz-yields-good-crop-for-now-1561395630021.html|access-date=2021-04-29|website=mint|language=en}}</ref> SRF is also the only Indian manufacturer of Polyester Tyre Cord Fabrics, which is a part of its Technical Textiles Business product portfolio. SRF acquired the Dymel® HFA 134a/P regulated medical pharmaceutical propellant business from DuPont™ in January 2015 and became one of the few manufacturers of Pharma grade HFA 134a/P in the world. <ref>{{Cite web|title=How SRF Is Transforming Itself Into A Speciality Chemicals Player With Global Ambitions|url=https://www.forbesindia.com/article/take-one-big-story-of-the-day/how-srf-is-transforming-itself-into-a-speciality-chemicals-player-with-global-ambitions/67693/1|access-date=2021-04-29|website=Forbes India|language=en}}</ref> <ref>{{Cite web|last=Bureau|first=Our|title=SRF aims to double industrial chemicals manufacturing capacity|url=https://www.thehindubusinessline.com/companies/srf-aims-to-double-industrial-chemicals-manufacturing-capacity/article32231940.ece|access-date=2021-04-29|website=@businessline|language=en}}</ref> <ref>{{Cite web|title=SRF becomes first Indian refrigerant with ASHRAE certification|url=https://www.thehindubusinessline.com/markets/stock-markets/srf/article29353993.ece|access-date=2021-04-29|website=@businessline|language=en}}</ref> <ref>{{Cite web|last=Bureau|first=Our|title=SRF acquires DuPont’s medical propellant business for $20 million|url=https://www.thehindubusinessline.com/companies/srf-acquires-duponts-medical-propellant-business-for-20-million/article20949215.ece|access-date=2021-04-29|website=@businessline|language=en}}</ref>

== Philanthropy ==
[https://www.srf-foundation.org/ SRF Foundation], the corporate social responsibility arm of SRF Limited runs one of the largest community programs in India, imparting education and vocational training programs to underprivileged children and youth by improving infrastructure facilities in Government schools, promoting computer-aided learning and through the digital inclusion of communities. <ref>{{Cite web|last=Fernandes|first=Kasmin|date=2020-07-16|title=Two CSR programmes successfully imparting employability to youth|url=https://thecsrjournal.in/csr-programmes-imparting-employability-youth-india/|access-date=2021-04-28|website=The CSR Journal|language=en-GB}}</ref> <ref>{{Cite web|title=Assam: Team representing 15 government schools of Dibrugarh on exposure trip|url=https://nenow.in/north-east-news/assam-team-representing-15-govt-schools-of-dibrugarh-on-exposure-trip.html|access-date=2021-04-28|language=en-US}}</ref> Apart from providing “Quality Education to All”, SRF Foundation also works in the areas of creating awareness on issues related to health and hygiene, natural resource management and affirmative action on a sustainable basis. <ref>{{Cite web|title=Amway reiterates focus on addressing childhood malnutrition on World Health Day|url=https://www.aninews.in/news/business/business/amway-reiterates-focus-on-addressing-childhood-malnutrition-on-world-health-day20210412122939/|access-date=2021-04-28|website=ANI News|language=en}}</ref>

== Awards ==

* Deming Prize for the Tyre Cord Business in 2004 <ref>{{Cite news|last=Bureau|first=Our Corporate|date=2004-10-08|title=SRF tyre cord business bags Deming Prize|work=Business Standard India|url=https://www.business-standard.com/article/companies/srf-tyre-cord-business-bags-deming-prize-104100801087_1.html#:~:text=SRF%20is%20the%20first%20tyre,the%20TQM%20initiative%20in%20Japan.|access-date=2021-03-02}}</ref>
* Deming Prize for Chemicals Business in 2012 <ref>{{Cite news|title=SRF's chemical business gets Quality Management Award|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/srfs-chemical-business-gets-quality-management-award/articleshow/16746651.cms?from=mdr|access-date=2021-03-02}}</ref>
* ICC (Indian Chemical Council) Lifetime Achievement Award to Chairman, Mr. Arun Bharat Ram <ref>{{Cite web|title=Welcome to Indian Chemical Council (ICC)|url=https://www.indianchemicalcouncil.com/icc-awards-2016-announced.htm|access-date=2021-03-02|website=www.indianchemicalcouncil.com}}</ref>
* Sword of Honour by the British Safety Council in 2018 <ref>{{Cite news|last=ANI|date=2019-11-15|title=Indian Firms win maximum number of safety 'Oscars' this year|work=Business Standard India|url=https://www.business-standard.com/article/news-ani/indian-firms-win-maximum-number-of-safety-oscars-this-year-119111500589_1.html|access-date=2021-03-02}}</ref>
* The Economic Times Family Business of the Year (Large Companies) Award in 2019 <ref>{{Cite news|title=India's most respected business tycoons turn up for The Economic Times Family Business Awards|work=The Economic Times|url=https://economictimes.indiatimes.com/news/company/corporate-trends/indias-most-respected-business-tycoons-turn-up-for-the-economic-times-family-business-awards/articleshow/67682500.cms|access-date=2021-03-02}}</ref>
* National CSR Award 2018 in the category – Corporate Awards in CSR in Challenging Circumstances – North by His Excellency, the President of India, Shri Ram Nath Kovind <ref>{{Cite web|title=CSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of India|url=http://pib.gov.in/Pressreleaseshare.aspx?PRID=1589453|access-date=2021-03-02|website=pib.gov.in}}</ref>
* EY Entrepreneur of the Year 2019 in the manufacturing category conferred on Chairman, Mr. Arun Bharat Ram <ref>{{Cite news|last=Dey|first=Sudipto|date=2020-02-19|title=Kiran Mazumdar-Shaw wins EY Entrepreneur of the Year award for 2019|work=Business Standard India|url=https://www.business-standard.com/article/companies/kiran-mazumdar-shaw-wins-ey-entrepreneur-of-the-year-award-for-2019-120021901400_1.html|access-date=2021-03-02}}</ref>
*Ashish Bharat Ram, Managing Director of SRF Ltd. was named India’s Best CEO in the emerging companies category by Business Today in January, 2021 <ref>{{Cite web|title=Coach and Captain- Business News|url=https://www.businesstoday.in/magazine/indias-best-ceos/coach-and-captain/story/425914.html|access-date=2021-04-29|website=www.businesstoday.in}}</ref>

== References ==
<references/>
{{Nifty 200 companies}}

[[Category:Indian companies established in 1970]]
[[Category:Manufacturing companies based in Gurgaon]]
[[Category:1970 establishments in Haryana]]
[[Category:Chemical companies established in 1970]]

{{India-company-stub}}

SRF Limited - Revision history

->Mean as custard: tone down promotional material

CleanupBot: /* References */clean up, add source tag

>Aanvi7017: I have added the names of key people like Managing Director of the company and Chairman's name