Navin Fluorine International has entered into a strategic agreement with The Chemours Company to manufacture Opteon, a proprietary two-phase immersion cooling fluid developed by Chemours, at a new facility in Surat, Gujarat.
This collaboration marks a significant step in advancing liquid cooling technologies which cater to the rising thermal management needs of modern data centres and AI infrastructure. The Opteon product, central to the partnership, is designed to deliver enhanced energy efficiency, reduce water consumption, and lower the physical footprint of data centres. These features align with the increasing demand for sustainable and high-performance cooling solutions in the digital age.
According to the announcement, the Surat-based facility will be tasked with the initial production capacity for Opteon and is projected to begin operations in the first quarter of FY27, spanning April to June 2026. The total capital expenditure for establishing this manufacturing facility is estimated at USD 14 million (approx. Rs 120 crore).
This investment includes a USD five million (around Rs 43 crore) contribution from Chemours, demonstrating a shared commitment to the project’s success. Navin Fluorine will fund the remaining expenditure through a combination of debt and internal accruals.
In a joint vision for the future, the two companies anticipate deeper collaboration as market demand for efficient and scalable cooling solutions grows. Meanwhile, Chemours gains a reliable partner in India to scale the production of its innovative Opteon fluid, helping it meet escalating global demand across data-intensive industries.