29-Oct-2026 09:11:52
NAVIN FLUORINE: EXTENDS $410 MN CONTRACT; TOTAL VALUE RISES TO $590 MN
• Contract Extension: Extended its Hydrofluoroolefins (HFO) manufacturing and supply agreement by 4 years until December 2032 • Additional Revenue: Contract extension adds approximately $180 Mn in potential revenue • Total Contract Value: Increased to approximately $590 Mn from the original $410 Mn • Contract Tenure: Extended to 11 years from the original 7-year agreement • Customer: Agreement amended with Solstice Advanced Materials US Inc., formerly part of Honeywell International • Manufacturing Facility: Contract executed through wholly owned subsidiary Navin Fluorine Advanced Sciences Ltd (NFASL) at Dahej, Gujarat • Business Visibility: Extended contract provides long-term revenue visibility for the company's HFO business • Growth Opportunity: Additional revenue potential strengthens the company's long-term Specialty Chemicals business outlook
NAVIN FLUORINE INT. LTD