Bulletin Updates
Gujarat Fluorochemicals Ltd reports steady revenue growth across verticals – 17 Feb 2023
Feb 17, 2023
Volumes and prices remained stable during the quarter, barring marginal impact due to the holiday season in USA and Europe. The demand for new fluoropolymers continues to be robust, leading to price stability. Fluorine molecules are gaining traction over the conventional molecules due to the increased biological activity of agrochemicals and pharmaceuticals, creating more market demand. New fluorochemical plants that have now been commissioned are expected to gradually ramp up production in the upcoming quarters as soon as product qualifications are received.
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