5 May, 2026 17:05:11 IST 
Tanfac Industries Ltd, the Cuddalore-based jv of Anupam Rasayan and Tamil Nadu Industrial Development Corporation (TIDCO) involved in the manufacturing of hydrofluoric acid and its derivatives, has signed a long-term supply agreement with Blue Star, a leading original equipment manufacturer (OEM) in India. The deal involves the supply of key fluorinated products and is expected to generate an estimated annual value of around Rs. 61-crore.
The contract is domestic in nature and is structured as a long-term arrangement with an indefinite tenure, subject to a mutual termination clause.
The deal involves supplying fluorinated products as per agreed specifications to Blue Star, a leading player in air conditioning and commercial refrigeration systems. These products are critical inputs in HVAC systems, particularly in refrigerants and related applications.
Recently, the company also entered into a Memorandum of Understanding (MoU) with a large multinational company for the supply of 5,000 metric tonnes per annum of a key fluorinated product. The agreement, covering both domestic and export markets, is set to be executed over a period of five years starting from January 1, 2027. The total estimated value of the MoU was approximately Rs. 1,250-crore, excluding GST.
