International Heat Treat News
India-based Srikalahasti Pipes Ltd., formerly Lanco Industries Ltd., announces expansion plans that include the installation of a third annealing furnace, investing ₹45 crore ($7,307,000 US) to meet this and other expansion goals.
G.S Rathi, whole-time director of Srikalahasti Pipes Ltd., noted that the annealing furnace will be installed exclusively to produce ductile pipes of from 100 mm diameter to 400 mm diameter in order to reduce oil and gas consumption. It calls for an investment of ₹20 crore ($3,124,756 US) and it will be ready by September 2018.
“With the enhanced production of [a third] blast furnace, full utilization of ductile iron pipe plant capacity, and benefits from cost reduction measures, we will be able to bring down the impact of higher input costs. Right now, we have orders book for eight months,” G.S. Rathi, whole-time director, Srikalahasti Pipes Ltd., said. In addition, the first quarter of 2018-2019 should see the expansion of a coke oven battery and boiler and captive power plant.
