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End-to-End Solution for cement projects

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Promac is a progressive engineering company which endeavours to compete on a much wider, globlal scale, having already expanded its business from its base in Bangalore to serve markets in Africa, South Asia, Central and Latin America and the Middle East.Promac Engineering Industries Limited ( www.promacindia.com) is an ISO 9001-2008 certified company and one of the leading designers and manufacturers in the world for Cement Plants, Bulk Material Handling Systems, CHPs/AHPs for Thermal Power Plants and other process plants on EPC/ turnkey basis for almost half a century. Promac’s engineering and manufacturing works situated in Bangalore in the Southern part of India. From a modest beginning almost half a century ago in 1972, PROMAC’s works now spread over almost 1 Million Sq Feet of Work Shop area and has more than 300 strong work force majority of them are Engineers in various disciplines. The total headcount of direct and indirect involvement exceeds 1,500. Like all market leaders, PROMAC team comprises of some of the best technical and commercial brains in the industry. Promac team has highly qualified design staff professionals equipped with the state of the art softwares. The shop floor is complemented with Skilled staff for heavy machinery manufacturing and quality assurance and finishing touches in project is given by experienced staff for erection & commissioning supported by Strong project monitoring & management team.Promac covers all aspects of project and project managements ranging from basic engineering, detailed design & workshop drawings, structural design and manufacturing, electrical & instrumentation design & supply civil design including civil engineering up to erection & commissioning on a pure EPC turnkey basis.PROMAC Work shop is complemented by some of the most sophisticated machines and precision tools such as Robotic Plasma Cutting Machines, CNC Lathes, Heavy Mill Shell lathes, Spectra Analyzers etc. The Scheiss make 10500 MM Diameter Vertical Turret Lathe at PROMAC is among the largest in the country. The independent quality assurance department housed by qualified & experienced engineers prepare quality assurance plans for each individual project covering scope of inspection from raw material upto finished equipment assembly. The latest and calibrated measuring instruments along with PROMAC’s long association with all major 3rd party inspection agencies ensure world class technology. Infact PROMAC is so confident of its Quality Control Measures that it is ready to take challenges by being open for customer specific inspection modules.The backbone of PROMAC’s success has been its strong collaborations with experts & world leaders in each segment of its core business and access to the latest technology with its consortium partners as well. One such exclusive technical collaboration is with Tailheiyo Engineering Corporation (TEC), Japan, for manufacturing its ASANO Vertical Roller Mills (VRMs) for raw material and coal grinding, and RSP and DDF precalciners for the pyro-section of a cement plant. TEC is wholly-owned by Taiheiyo Cement Corporation (TCC), Japan, which was established in the 1881. TCC has one of the world’s largest research and development centres in Tokyo. Through this association, Promac has developed expertise for the design, manufacture, supply and commissioning of cement plants with capacities of up to 2 MTPA. Because of Promac’s expertise in engineering and manufacturing, which maintains the highest standards in quality, workmanship and an economical cost structure, many of the specialised technologies developed by TCC and TEC are channeled through Promac to customers in India and abroad on a project requirement basis. Besides TEC, PROMAC also has tie up with Collaboration with:

  • TECTRIX MACQUINES E EQUIPAMENTOS LTDA, Brazil to manufacture Impact Crushers.
  • FAMAK S.A. MACHINERY AND EQUIPMENT CO, POLAND, for medium & large and medium capacity Bucket Wheel Type Stacker Cum Reclaimers.
  • SPECIALISED HANDLING & ENGINEERING REPUBLIC OF SOUTH AFRICA, for Rail Wagon Tipplers & Side Arm Chargers.
  • SPECO PLANT LTD, S. KOREA, for Ship loaders, ship unloaders & circular stackers.

One of the most prestigious and talked about project in cement industry is being supplied to JK Cements, Fujairah, UAE under which, the world’s first single line rotary kiln capable of producing 1 mIllion Tonns of Grey Cement and 0.6 Million Tonns of White cement depending upon the requirements of the market. This technology is being supplied by our long time collaborators for the past 25 years, M/s Taiheiyo Engineering Corporation, Japan, a part of the more than 130 year old Taiheiyo Cement Corporation.Promac has always made a conscious effort to partner itself with the best, be it in technology or services, across the world.By virtue of its collaboration with TEC, Promac offers its customers the best process technology for the production of high-quality grey and white cement, with state-of-the-art pyroprocess engineering for cement plants. The company is very proud to claim that Promac is the only Indian company to manufacture VRMs indigenously. "TEC’s knowlwedge and Promac’s engineering and manufacturing facilities makes us a formidable entity in the international cement market," says JS Reddy, founder chairman and MD.Project successPromac has successfully exported and executed both turnkey projects and equipment supplies to many countries such as Japan, South Africa, Sudan, Nigeria, Central African Republic, Liberia, Tanzania, Bahrain, Brazil, Nepal, Bangladesh, U.A.E. and Oman besides various projects within the geographical boundaries of India.Today, due to Promac’s technical expertise, excellent human resources and enviable partnerships, the company has an order book in excess of US$240m to be executed in the next 2-3 years. Promac is well placed to exploit the many forthcoming opportunities in high growth markets such as Asia, Africa and Latin America.(Communication by the management of the company)

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Concrete

Jefferies’ Optimism Fuels Cement Stock Rally

The industry is aiming price hikes of Rs 10-15 per bag in December.

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Cement stocks surged over 5% on Monday, driven by Jefferies’ positive outlook on demand recovery, supported by increased government capital expenditure and favourable price trends.

JK Cement led the rally with a 5.3% jump, while UltraTech Cement rose 3.82%, making it the top performer on the Nifty 50. Dalmia Bharat and Grasim Industries gained over 3% each, with Shree Cement and Ambuja Cement adding 2.77% and 1.32%, respectively.

“Cement stocks have been consolidating without significant upward movement for over a year,” noted Vikas Jain, head of research at Reliance Securities. “The Jefferies report with positive price feedback prompted a revaluation of these stocks today.”

According to Jefferies, cement prices were stable in November, with earlier declines bottoming out. The industry is now targeting price hikes of Rs 10-15 per bag in December.

The brokerage highlighted moderate demand growth in October and November, with recovery expected to strengthen in the fourth quarter, supported by a revival in government infrastructure spending.
Analysts are optimistic about a stronger recovery in the latter half of FY25, driven by anticipated increases in government investments in infrastructure projects.
(ET)

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Steel Ministry Proposes 25% Safeguard Duty on Steel Imports

The duty aims to counter the impact of rising low-cost steel imports.

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The Ministry of Steel has proposed a 25% safeguard duty on certain steel imports to address concerns raised by domestic producers. The proposal emerged during a meeting between Union Steel Minister H.D. Kumaraswamy and Commerce and Industry Minister Piyush Goyal in New Delhi, attended by senior officials and executives from leading steel companies like SAIL, Tata Steel, JSW Steel, and AMNS India.

Following the meeting, Goyal highlighted on X the importance of steel and metallurgical coke industries in India’s development, emphasising discussions on boosting production, improving quality, and enhancing global competitiveness. Kumaraswamy echoed the sentiment, pledging collaboration between ministries to create a business-friendly environment for domestic steelmakers.

The safeguard duty proposal aims to counter the impact of rising low-cost steel imports, particularly from free trade agreement (FTA) nations. Steel Secretary Sandeep Poundrik noted that 62% of steel imports currently enter at zero duty under FTAs, with imports rising to 5.51 million tonnes (MT) during April-September 2024-25, compared to 3.66 MT in the same period last year. Imports from China surged significantly, reaching 1.85 MT, up from 1.02 MT a year ago.

Industry experts, including think tank GTRI, have raised concerns about FTAs, highlighting cases where foreign producers partner with Indian firms to re-import steel at concessional rates. GTRI founder Ajay Srivastava also pointed to challenges like port delays and regulatory hurdles, which strain over 10,000 steel user units in India.

The government’s proposal reflects its commitment to supporting the domestic steel industry while addressing trade imbalances and promoting a self-reliant manufacturing sector.

(ET)

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India Imposes Anti-Dumping Duty on Solar Panel Aluminium Frames

Move boosts domestic aluminium industry, curbs low-cost imports

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The Indian government has introduced anti-dumping duties on anodized aluminium frames for solar panels and modules imported from China, a move hailed by the Aluminium Association of India (AAI) as a significant step toward fostering a self-reliant aluminium sector.

The duties, effective for five years, aim to counter the influx of low-cost imports that have hindered domestic manufacturing. According to the Ministry of Finance, Chinese dumping has limited India’s ability to develop local production capabilities.

Ahead of Budget 2025, the aluminium industry has urged the government to introduce stronger trade protections. Key demands include raising import duties on primary and downstream aluminium products from 7.5% to 10% and imposing a uniform 7.5% duty on aluminium scrap to curb the influx of low-quality imports.

India’s heavy reliance on aluminium imports, which now account for 54% of the country’s demand, has resulted in an annual foreign exchange outflow of Rupees 562.91 billion. Scrap imports, doubling over the last decade, have surged to 1,825 KT in FY25, primarily sourced from China, the Middle East, the US, and the UK.

The AAI noted that while advanced economies like the US and China impose strict tariffs and restrictions to protect their aluminium industries, India has become the largest importer of aluminium scrap globally. This trend undermines local producers, who are urging robust measures to enhance the domestic aluminium ecosystem.

With India’s aluminium demand projected to reach 10 million tonnes by 2030, industry leaders emphasize the need for stronger policies to support local production and drive investments in capacity expansion. The anti-dumping duties on solar panel components, they say, are a vital first step in building a sustainable and competitive aluminium sector.

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