GFL Ltd.

Gujarat Fluorochemicals (GFL) is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. GFL is part of the $2 billion INOX group of companies. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.

GFL’s manufacturing plants have received various certifications such as ISO 9001:2000, OHASAS 18001:2007 and ISO14001:2004.

The company's CDM (Clean Development Mechanism) project was the first in the world to seek registration under the Kyoto Protocol, and has been approved by the governments of India, United Kingdom, Netherlands, Japan and Italy.

INOX Leisure, India’s leading cinema exhibition business is a subsidiary of GFL.

Business area

Refrigerant Business- The company is the largest producer of refrigerant HCFC22. Around 95% of GFL’s refrigerant production is exported to more than 75 countries. In India, the company supplies refrigerants to all the major OEMs in the air-conditioning and refrigeration sector.

Chemicals Business- The company’s chemical plant is located at Dahej (Gujarat) has a manufacturing capacity of a 52,500 tpa of Caustic Soda / Chlorine, a 40,000 tpa Chloromethane, and a 30 MW gas-based captive power plant. GFL has also established an Anhydrous HCL plant, the first of its kind in India, and only the third in Asia, to cater to the pharmaceutical and agriculture sectors in India.

PTFE Business- The company owns India’s largest PTFE plant located at Dahej with production capacity of 6,000 tpa. PTFE is advanced engineering plastic used in sectors like chemicals, textile, automobile, electrical, electronics.

Entertainment Business 

GFL owns and operates an entertainment business through INOX Leisure Limited. INOX Leisure Limited is engaged in the setting up and operating India’s premium brand of multiplex cinema theatres - INOX. INOX currently operates 79 multiplexes with 310 screens & 83809 seats and is present in 42 cities making it a truly pan-Indian multiplex chain. INOX has won the ICICI Best Retail Entertainment Company of the Year Award, 2005, the Taal Multiplexer of the Year Award, 2006 and the Emerging SuperBrand of the Year Award, 2007. In 2010, INOX Leisure Limited had acquired Fame India Limited, a competing multiplex chain, to emerge as India’s largest multiplex player then. INOX is amongst India’s largest integrated multiplex brand, as well as amongst India’s fastest growing and most profitable multiplex chain. 

Renewable Energy Business On the basis of a business diversification study conducted by McKinsey & Co Inc. for the Group, GFL decided to invest in the renewable energy business. Having worked in detail on the concept development for this initiative over the past couple of years, GFL has firmed up its business plan and is in the process of aggressively implementing the same.

Subsidiaries of GFL include:

• Inox Leisure Limited .
• INOX Wind Limited
• Inox Renewables Limited
• Gujarat Fluorochemicals Americas LLC
• Gujarat Fluorochemicals GmbH

Step-down subsidiaries of GFL include:

• Inox Wind Infrastructure Services Limited
• Inox Renewables (Jaisalmer) Limited 

Milestone

2007- GFL attained a key milestone in 2007, when it commissioned India’s largest PTFE plant.

In 2012 Gujarat Fluorochemicals Ltd has transferred, by way of slump sale, the wind energy business of the Company including all the undertakings comprised therein to INOX Renewables Ltd, a subsidiary of the Company.

2013- Inox Leisure Limited became a subsidiary of Gujarat Fluorochemicals.
-Gujarat Fluorochemicals incorporates new subsidiary in Hamburg Germany.
2014 - Inox Wind, a Subsidiary of Gujarat Fluorochemicals one of India's leading wind power solutions provider awarded a 170MW order from Continuum Wind Energy a Singapore based company.

2017- Leap Green Energy, a clean energy company promoted by India’s first Formula One driver Narain Karthikeyan, bought all windfarms owned by Inox Renewables for an undisclosed amount.