Organizational Study on Refex Refrigerants

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ORGANIZATIONAL STUDY ON REFEX REFRIGERANTS AANCHAL NICHANI

Transcript of Organizational Study on Refex Refrigerants

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ORGANIZATIONAL STUDY ON

REFEX REFRIGERANTS

AANCHAL NICHANI

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HISTORY & INTRODUCTION

Refex Refrigerants Limited was incorporated as Refex Refrigerants Private Limited on 13th September 2002, u nder the Companies Act ,1956

The Company was converted into a Pu blic Limited Company on 13th March 2006 w ith the name Refex Refrigerants Limited.

Refex Refrigerants is a specialist refiller and distrib utor of Refrigerant gases in India partic ularly, environmentally acceptable gases that are replacements for CFC s.

Su bsidiary companies include Sherisha Technilogies Pvt. Ltd (Singapore) , Kaltech engineering , Refrigeration Pte Ltd.CFCs were developed in the early 1930 s and are used in a variety of industrial , commercial and household applications.

Two main classes of replacement compo unds have been developed :Hydro chlorofluorocarbons (HCFCs) & hydro fluorocarbons (HFCs).

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RRL GOAL

At the core of our business remains our commitment to our

clients.To position Refex as a global player w ith a clear focus on each business

RRL PRINCIPLESLoyaltyDedicationIntegrityCompetitiveness

DeterminationProfessionalismCommitmentSeamlessnessDiversity

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P RODUCT P ROFILE

Refex 134a - used in ne w medi um-and high-temperat ure stationary commercial refrigeration

as well as chiller systems and home appliances. Refex 23 -HFC retrofit refrigerant for very lowtemperat ure applications [belo w -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

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DE PA RTMENTS

IMPORT The refrigerants are imported from China and Singapore. They are transported in

ISO tanks and enter India by sea.

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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 req u irement is more for R134 and 400series. Industry requ irements increases at 8-10% per

year

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FIN ANCE

Mandatory acco unting proced ures as per lawPu blishing of quarterly report as per government reg ulationsInternal audit carried out on a monthly basisMaintaining records of provident f und , grat uity, and other

benefits

SECRETARIALInternal audit

Attend ann ual Board meetingsProvide guidance on legal and government issuesCertify doc uments

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SALES & MARKETING

Large distrib ution net workSales Managers at various branches handle

sales f u

nctionsTrade net work in major cities such as Mu mbai ,Chennai , Delhi, Pu ne , Hyderabad , Bangalore etcPR & advertising Allegro AgencyBroch ures/ne wsletters

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SWOT ANALYSIS

STRENGTHBr and NameSt ro ng managementSt ro ng client baseQuality p ro ductsEnviro nment f r iendly p ro ducts

WEAKNESSLow Acceptance o f p ro ducts as a

substituteSeas o nal p ro duct summe r

Imp or t la w s and r est r icti o ns

OPP ORTUNITIESScope for expansion in the global marketCFC s & HCFC s are to be phased ou t by

2010 & 20 40 respectivelyOpport unity for growth as it is a niche

market

THREATEconomic slowdownTough competitionIncrease in imported raw material prices Adverse Changes in government policy

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RECOMMEND ATIONS

Due to increase in demand they can increase the amo unt of prod uction

Refex sho u ld expand into the global market as there is a lot of demand for this prod uctBetter working conditions cou ld be provided for the workers eg : recreational facilities

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THANK

YOU