Explorer

Andhra Pradesh: France-Based Imerys Plant Opens Manufacturing Unit At Atchutapuram

Imerys plant set up its manufacturing unit with an initial investment of Rs 350 crore. The plant has a capacity to produce 30,000 tonnes of calcium aluminate binder used in construction industries

Ambassador of France to India, Emmanuel Lenain, Wednesday inaugurated an Imerys plant, in Andhra Pradesh's Atchutapuram that produces advanced heat-resistant binder materials for industrial use, such as cement and steel production.

France-based Imerys has set up its manufacturing unit with an initial investment of Rs 350 crore. The plant has a capacity to produce 30,000 tonnes of calcium aluminate binder used in construction industries. "The company has plans to expand capacity to 50,000 tonnes by 2030 to meet the growing demand from the domestic steel and cement sectors," said PTI quoting Imerys senior vice-president Philippe Bourg.

"Imerys is also in the process of setting up a regional Research and Development Centre at Vizag. The centre will support local product development and innovation for specific customer requirements in India," Bourg added.

Also read | Congress Leader Jairam Ramesh Promises 'Special Status To Andhra Pradesh' If Party Comes To Power At Centre

The Visakhapatnam facility is Imerys’ largest site in India and also the largest investment in its refractory and construction businesses. Imerys is a leading global player in mineral-based speciality solutions for industry with a revenue (in 2021) of over Rs 35,000 crore.

“The R and D Centre will also contribute to augmenting the company’s global technical and manufacturing standards. We are also committed to growing our India business sustainability and have commenced work to generate solar energy to power the Vizag plant,” Bourg said.

The senior vice-president also said Imerys generated sales of Rs 160 crore in 2021 in India.

While the company remained focused on serving Indian market demand, the Vizag manufacturing facility was also equipped to serve overseas markets in Asia Pacific and the Middle East. "This will contribute to strengthening India’s position in the global manufacturing supply chain," Bourg said.

Imerys India managing director Segi Idicula and other officials attended the event.

(With PTI inputs)

Top Headlines

Air Force Trainee Aircraft Crashes Near College In Prayagraj, Rescue Teams On Spot
Air Force Trainee Aircraft Crashes Near College In Prayagraj, Rescue Teams On Spot
‘Whole Country Will Get Blown Up’: Trump Issues Fresh Warning To Iran Amid Deadly Protests
‘Whole Country Will Get Blown Up’: Trump Issues Fresh Warning To Iran Amid Deadly Protests
Trump’s Air Force One Returns To Washington After In-Flight Technical Issue
Trump’s Air Force One Returns To Washington After In-Flight Technical Issue
India To Withdraw Families Of Diplomats From Bangladesh
India To Withdraw Families Of Diplomats From Bangladesh

Videos

Breaking News: Trainer Aircraft Loses Balance Mid-Air, Crashes Near KP College in Prayagraj
Breaking News: Akhilesh Yadav Demands Justice for Shankaracharya After Prayagraj Incident
Breaking News: Court Orders Seizure of Shariq Satha’s Assets in Sambhal, Police Flag March Enforced
Breaking News: Trainer Aircraft of Indian Army Crashes in Prayagraj, Rescue Teams at Site
Breaking News: Eyewitness Accounts Reveal Disorder and Alleged Misconduct at Sangam Bath

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget