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