Gujarat Fluorochemicals Limited (GFL), a public limited company, was incorporated in the year 1987 as a Refrigerants manufacturer in India.
In 1988, GFL launched a public issue and established a manufacturing plant to produce Chlorofluorocarbon Refrigerant gases and Hydrofluoric Acid in Panchmahal, Gujarat.
GFL commenced its commercial operations in the year 1989 and entered into a technical collaboration with Stauffer Chemicals Pennwalt Corporation and Stearns Catalytic Corporation USA and commissioned a plant near Vadodara.
In the year 1999, GFL diversified into Entertainment business through Inox Leisure Limited - a chain of multiplexes across India.
In 2006, GFL implemented Clean Development Mechanism Project entailing reduction of Greenhouse Gas emissions by the thermal oxidation of HFC-23, a by-product generated at the Refrigerant gas plant at Ranjitnagar, Gujarat. In lieu of that, the company received Carbon Credits issued by the UNFCCC to be traded in international markets.
In the year 2007-08, GFL established a chemical complex at Dahej, Gujarat. The chemical complex comprised of a captive power plant, caustic soda and chlorine plant, chloromethane plant and a Polytetrafluoroethylene(PTFE) plant. During the year, GFL also entered into a JV in China, for manufacturing of anhydrous Hydrogen Fluoride and allied activities.
In 2009, GFL incorporated a wholly owned subsidiary, Gujarat Fluorochemicals Americas LLC, to conduct business operations across the American subcontinent. Year 2009 also marked GFL’s diversification into Wind energy business through Inox Wind Limited, a leading wind energy solutions provider in India.
In 2011, Gujarat Fluorochemicals entered into a JV to undertake Fluorspar Beneficiation Project for supply of Acid Grade Fluorspar and Metallurgical Grade Fluorspar to GFL.
In 2013, GFL incorporated a wholly owned subsidiary, Gujarat Fluorochemicals GmbH in Hamburg, Germany to conduct trading, processing, distribution, marketing and storage of Fluoropolymers in EMEA region.
With the introduction of PFOA free PTFE resins and dispersions in the year 2013, GFL emerged amongst world's major players offering PFOA free Fluoropolymers.
With vertically integrated Fluoropolymer manufacturing and expertise in Fluorine chemistry, GFL expanded its monomer and polymer capacity to cater to the growing demand of Fluoropolymers and Fluoroelastomers across geographies.
GFL launched FKM (Fluoroelastomers) brand Fluonox in 2015. In 2016, subsequent to the success of our PTFE brand INOFLON in global markets, GFL added two more Fluoropolymer products- FEP and PFA under the brand name INOFLON. In 2018, GFL started its Additives brand INOLUB for marketing PTFE Micropowders and Polymer Processing Aids (PPA).
In 2019, GFL introduced PVDF under the brand name INOFLAR.
Pursuant to the order passed by National Company Law Board Tribunal, Ahmedabad Bench on July 04, 2019, the Chemical Business Undertaking of erstwhile Gujarat Fluorochemicals Limited now known as GFL Limited was demerged to form a new resultant company InoxFluorochemicals Limited now known as Gujarat Fluorochemicals Limited with all assets and liabilities pertaining to the Chemical Business Undertaking transferred to the resultant company on a going concern basis with effect from the appointed date, April 01, 2019.