ORGANIZATIONAL STUDY ON

REFEX REFRIGERANTS

AANCHAL NICHANI
HISTORY & INTRODUCTION

 Refex Refrigerants Limited was incorporated as Refex Refrigerants Private

Limited on 13th September 2002, under the Companies Act, 1956
 The Company was converted into a Public Limited Company on 13th
March 2006 with the name Refex Refrigerants Limited.
 Refex Refrigerants is a specialist refiller and distributor of Refrigerant
gases in India particularly, environmentally acceptable gases that are
replacements for CFC‘s.
 Subsidiary companies include Sherisha Technilogies Pvt. Ltd (Singapore),
Kaltech engineering, Refrigeration Pte Ltd.
 CFCs were developed in the early 1930s and are used in a variety of
industrial, commercial and household applications.
 Two main classes of replacement compounds have been developed :
Hydro chlorofluorocarbons (HCFCs) & hydro fluorocarbons (HFCs).
RRL GOAL
 At the core of our business remains our commitment to our clients.
To position Refex as a global player with a clear focus on each
business

RRL PRINCIPLES
 Loyalty
 Dedication
 Integrity
 Competitiveness
 Determination
 Professionalism
 Commitment
 Seamlessness
 Diversity
PRODUCT PROFILE

 Refex 134a -used in new medium-and high-

temperature stationary commercial refrigeration
as well as chiller systems and home appliances.
 Refex 23-HFC retrofit refrigerant for very low
temperature applications [below -40°F to -100°F (-
40°C to -73°C)] such as medical freezers and
environmental chambers.
 Other refrigerants include R22, R404A, R407C ,
R410A, R141B
DEPARTMENTS

 IMPORT – The refrigerants are imported from

China and Singapore. They are transported in
ISO tanks and enter India by sea.
REFILLING

 Refilling factory is based in Chennai. They are

stored in huge tanks called tonners
 The refrigerants are processed and packaged in
cans for sale.
 Annual requirement is more for R134 and 400
series.
 Industry requirements increases at 8-10% per year
FINANCE
 Mandatory accounting procedures as per law
 Publishing of quarterly report as per government regulations
 Internal audit carried out on a monthly basis
 Maintaining records of provident fund, gratuity, and other
benefits

SECRETARIAL
 Internal audit
 Attend annual Board meetings
 Provide guidance on legal and government issues
 Certify documents
SALES & MARKETING

 Large distribution network

 Sales Managers at various branches handle
sales functions
 Trade network in major cities such as Mumbai,
Chennai, Delhi, Pune, Hyderabad, Bangalore
etc
 PR & advertising – Allegro Agency
 Brochures/newsletters
 SWOT ANALYSIS
STRENGTH WEAKNESS
•Brand Name •Low Acceptance of products as a
•Strong management substitute
•Strong client base •Seasonal product – summer
•Quality products •Import laws and restrictions
•Environment friendly products

OPPORTUNITIES THREAT
•Scope for expansion in the global market •Economic slowdown
• CFC’s & HCFC’s are to be phased out by •Tough competition
2010 & 2040 respectively •Increase in imported raw material prices
•Opportunity for growth as it is a niche •Adverse Changes in government policy
market
RECOMMENDATIONS

 Due to increase in demand they can increase

the amount of production
 Refex should expand into the global market
as there is a lot of demand for this product
 Better working conditions could be provided
for the workers eg: recreational facilities
THANK
YOU