SK Minerals & Additives Ltd, a specialty chemicals company, announced ‘Hofnil’, India’s first halogen-free flame retardant additive for eco-friendly XLPE wire production, expected to generate over ₹200 crore in cumulative revenue by FY28.
Addressing a Key Industry Challenge
The newly developed Hofnil additive enables wire and cable manufacturers to achieve flame retardancy without releasing toxic halogen-based gases during combustion. As a result, it marks a major step forward for safer and more sustainable wire manufacturing. Moreover, it has strong potential in both domestic and international markets.
“For decades, the industry struggled to achieve flame resistance without compromising material performance,” said Mohit Jindal, Chairman and Managing Director, SK Minerals & Additives. “Hofnil overcomes this challenge and sets the industry on a cleaner, greener path. This is a proud moment for the Indian chemical sector,” he stated.
Market Rollout and Commercial Momentum
SK Minerals & Additives is securing industry certifications and engaging customers ahead of a wider launch. With a letter of intent from a leading wires and cables manufacturer, the company aims to exceed ₹200 crore in Hofnil revenue by FY28.
Outcome of Extensive R&D and “Make in India” Focus
“This product reflects our advanced R&D capabilities and global technical expertise. Our team spent years fine-tuning a formulation that offers thermal stability and compatibility, reinforcing our commitment to ‘Make in India, Serve the World,” mentioned Jindal.
Established Chemical Solutions Provider with a Diverse Portfolio
Headquartered in Khanna, SK Minerals & Additives has a broad product portfolio spanning food and feed additives, industrial minerals, and specialty chemicals. Its product range includes:
- Chelated minerals
- Mineral mixtures
- Calcium propionate
- Ferric pyrophosphate
- Technical grade urea
- Virgin base oil
- Magnesium oxide
- By-pass fat
As per the press release, the company serves multiple industries, including food and bakery, animal feed, petroleum, and specialty manufacturing. Consequently, it has established itself as a trusted player in the chemical solutions space.
