Economy & Market

Green initiatives in place

Published

3 years ago

October 14, 2021

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Most cement companies have developed specific initiatives and road maps to reduce their organisational carbon footprint. Then, the major focus areas for c are improving thermal energy efficiency and process technology, optimising fuel composition, including the use of waste as fuel, waste heat recovery, reduction in clinker factor, especially through increased rates of blending and renewable energy.

The importance of greening the entire value chain as one of the vital parts of sustainability initiatives, has picked up momentum which is reflecting the way cement manufacturers and major plant and machinery and auxiliary equipment manufacturers are putting in tireless efforts to integrating sustainability issues, essentially in energy conservation, resource optimisation and environmental planning. The industry which is on top in the Certified Emission Reductions Projects list registered with the Clean Development Mechanism (CDM) of the Kyoto Protocol, has been able to contribute significantly to the eco-friendly use of industrial wastes and thereby, has succeeded in reducing its carbon footprint. No wonder then, that the Indian cement industry is probably one of the most energy- efficient in the world today and some of the plants have thermal and electrical specific energy consumption (SECs) comparable to the best cement plants in the world, resulting in low emission intensities.

According to Sumit Banerjee, Vice-Chairman, Reliance Cement, technological improvement is a key pillar in the cement industry’s drive to reduce emissions levels and energy consumption. Research and development investments have enabled cement producers worldwide to install modern, energy-efficient technology in new, and to some extent, in existing cement plants. New technologies have enabled the increased use of clinker substitutes and alternative fuels in cement production, leading to significant direct (e.g, from limestone decarbonisation and fuel burning) CO2 emissions reductions. Technology developments have also enabled significant indirect emissions reductions, like from electricity use. The Indian cement industry has a comparatively better technology as most of the plants are new and are equipped with the latest technology. Moreover, they have taken various measures to upgrade their old plants and to achieve higher energy efficiency.

Speaking about the initiatives taken by Reliance Cement, Sumit says, "At Reliance Cement, we are committed to sustainable growth. All our cement plants, either in the project phase or in the project development phase, are highly energy- efficient. These plants are designed to use alternative fuel and raw materials (AFR) and are equipped with the waste heat recovery system for power generation. A sustainability roadmap with medium and long- term action plans to adopt various carbon emission reduction levers has also been developed."

"Our stated goal towards sustainability includes minimising breakdowns and achieving MTBF (Mean Time Between Failure) 160, achieving specific power consumption 78 Kwh/t cement, increasing PPC sales and fly ash addition in PPC, slag per cent in PSC; and also increasing alternate fuel substitution and AF substitution, and reducing dependency on the State Electricity Board for power, says BLN Murthy, Director-Works of Bharati Cements. He further adds, "Bharathi Cements has taken an initiative from the project stage itself, to optimise energy. We have installed VFDs for both LT & HT drives for all process fans like pre-heater fan, RABH fan, raw mill fan, coal mill fan, cement mills fans and cooler fans, and also high efficiency fans, low pressure drop cyclones in pre-heater, etc. We also have belt weighers for optimum loading of conveyors to avoid the idle running of equipment, and have provided VFDs whereever fans are operating with less than 75 per cent damper opening."

Bidyut Bhattacharya, Technical Director, Sinoma International Engg Co India, says "The Indian cement industry, over the years, has employed the best available technology for production. Thanks to a high degree of blended cement utilisation, Indian cement producers are at the forefront of fuel and electrical energy consumption on a per tonne-of-product basis. An additional benefit in terms of sustainability is the lower per tonnage of CO2 emission. Stricter regulatory requirements are leading to greener technologies, and they in turn, lead to further energy efficiency."

Says K N Rao, ACC, Director (Energy & Environment), "Our major objectives are to bring down CO2 intensity considerably, become water- positive and biodiversity- positive; reduce the use of natural raw materials and fossil fuels, and ensure that there is no harm done to the environment. ACC is on track as per the stated goals. Only in renewable energy, the progress is not quite upto the mark due to recent changes in the government’s fiscal policy with respect to the wind energy and the economic crisis. ACC is striving hard to increase the renewable energy portifolio in the coming days. A lot of investment has been made in improving energy efficiency by installation of variable speed drives (VSDs). The capacity for water conservation and harvesting is increasing day by day across all the ACC plants. One of our units in Himachal Pradesh will be commissioning a waste heat recovery- based power generating unit of 7.5 MW capacity shortly. We are also planning similar units in other plants in a phased manner."

G Jayaraman, Executive President, Birla Corporation, says, "BCL has taken up the task of reducing its carbon footprint by adapting energy efficiency in all units. BCL was rewarded the carbon emission reduction certificate for 1 lakh tonnes of CO2, and successfully traded on the UNFCCI platform. As a roadmap for the next three years, BCL is focusing on renewal energy, basically solar and biomass power plants." He further adds, "Optimisation of fuel mix is regular practice in all the units which stabilises the fuel feed to the pyro-process. Our coal washery at Satna is under stabilisation to convert low- grade coal to useful coal requirement to the kiln. The reject coal will be utilised for power generation in a CFBC boiler. This step will result in the transformation of waste to energy." Speaking about the challenges in the green initiatives, Rao had this to say, "Many challenges lie ahead of us, especially when it comes to energy. With currency depreciation, fuel costs are spiralling for coal, thus raising the cost of thermal power generation. Quality coal and its availability, availability of quality raw materials like limestone continues to be a concern. What’s more, power shortages have been driving us to set up captive power plants (CPP) to fulfil our energy needs. Then, there is the increased pressure of complying with mandatory energy regulations such as Perform- Achieve- Trade (PAT), where we must meet energy reduction targets and also meet our renewable energy purchase (RPO) obligations. Then, there is the continuous reduction in SEC, which to some extent helps mitigate the rising cost of electricity generation."

According to Shashank Jain, Senior Progarmme Officer, Energy Efficiency (Industry) Shakti, Sustainable Foundation the Indian cement industry has made significant progress in terms of improvement in energy efficiency and productivity. Still, the use of alternate fuel and raw material (AFR) to replace coal for thermal energy needs remains an area where the Indian cement industry is yet to catch up with global benchmarks. Though a few cement plants use large quantities and varieties of AFR in their kilns, on an average, co-processing in the Indian cement industry is less than one per cent, compared to the European average of 40 per cent. As per a Ministry of Environment & Forest (MoEF) estimate, even ten per cent of thermal substitution through the use of AFR in cement kilns, has the potential to reduce the emission by three million tonnes of CO2 per year, which is about 0.2 per cent of emissions from the country in 2007. Sandeep Shrivastava, Head, Environment, Ambuja Cement had this to say: "Right from mining to production to sales and distribution, across our all our units and disciplines, we have been adopting best practices and working constantly to demonstrate our commitment towards sustainability through our actions. That commitment is reflected in strict adherence to our environment, sustainability, OH&S, CSR, climate change mitigation, green procurement and other policies, as well as initiatives." According to him, Ambuja Cement has been adopting best manufacturing practices optimising energy, natural resources and technology.. Sandeep adds, "We ensure a varied and holistic perspective the way we manage our operations. Right from mining to production to sales and distribution, across our all our units and disciplines, we have been adopting best practices and working constantly to demonstrate our commitment towards sustainability through our actions. That commitment is reflected in the strict adherence to our environment, sustainability, OH&S, CSR, climate change mitigation, green procurement and other policies as well as initiatives."

According to Suman Mukherjee, Managing Director and Chief Executive Officer, SDCC Ã» India, the key levers to reduce emission in the Indian cement industry are increased rates of blending leading to a reduction in clinker to cement ratio, increased use of AFR, widespread implementation of WHR, transportation of raw materials through conveyor belt instead of road transport, installation of various VFD/high energy- efficient equipment to reduce SPC. In line with this, a low-carbon technology roadmap for the Indian cement industrywas launched on 25h February 2013, with a targeted estimated emission of 0.35 T CO2/t cement in 2050, about 45 per cent down from its level in 2010. Cement manufacturing process from surface mining/quarrying, more usage of WHR, locating main clinkerisation unit near limestone deposits, transporting clinker through rail, transporting fly ash through pipeline, are a few measures which will help in achieving and sustaining this targets.

"KCP has designed the road map with milestones to achieve the CO2 emissions reductions required for the future. We are also putting in all efforts for shifting from OPC to blended cements. The aim is to increase blended cement percentage from the present 35 to 55 per cent by this year- end and one hundred per cent by 2015," says Dr GVK Prasad, Executive President Ã» Operations, KCP.

Says C K Jain, Unit Head, Vasavadatta Cement, Sedam, which has recently bagged the coveted GreenCo Rating launched by CII-Godrej GBC, "VC has always been a believer of sustainable growth and has taken several initiatives on the ecological front. These initiatives helped in achieving GreenCo certification. However, the missing component was the meticulous system of documentation required for GreenCo certification. The certification system helped us in documenting the initiatives taken. The system presented a challenge that turned into an opportunity for us to record our savings in terms of energy savings, water savings, and GHG emissions mitigation and track the results on a regular basis. The plant has one of the best specific energy consumption figures in the country. VC also adopts a cradle- to- cradle approach to environmental sustainability as recommended by GreenCo. The GreenCo Rating System, the first of its kind in the world, provides a much needed holistic framework to evaluate industries on their environmental performance on these parameters. CII, through an extensive stakeholder consultations and interaction with experts, has developed the guidelines of GreenCo. This rating will act as a milestone for companies pursuing green to assess where they stand and help them in defining the path forward," says KS Venkatagiri, Principal Councellor, CII-Godrej GBC. Says Alok Sanghi, Director, Sanghi Industries, "We use fly ash generated from the thermal power plants and also use waste from steel plants. By manufacturing blended cements, we are adding to the sustainability of the country. We are one of the few companies in the country using the most eco- friendly mining technique. Instead of drilling and blasting, we use surface miners which have near zero pollution and zero dust emission techniques. We operate in the region of Kutch where we face a lot of water scarcity, and we have promoted rain water harvesting there."

Concrete

Lohia Corp Expands Global Footprint With Acquisitionof J.j. Jenkins Inc and Strategic Joint Venture With Omgm

Published

2 weeks ago

October 22, 2024

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Lohia Corp Limited (LCL) is pleased to announce two significant milestones that mark our
expansion in the global market.

We have successfully acquired J.J. Jenkins Inc. a respected name in machine manufacturing for
high-tech industries, through our US subsidiary, Leesona Corp, a 130-year-old pioneer in winding
machines. This acquisition aligns perfectly with our strategic vision to expand our specialty yarns
and tapes portfolio in medical and defence applications.

In addition, we have formed a strategic Joint Venture with Italy’s O.M.G.M. sas, leading to the
creation of OMGM Extrusiontechnik Srl. With LCL holding the majority stake. This JV represents
a significant diversification of our product portfolio, introducing solutions in Extrusion and
Winding systems for a variety of technical applications.

These advancements are not just about growth; they’re about bringing cutting-edge solutions to
our customers and contributing to industries that make a difference. Stay tuned for more updates
as we continue to push the boundaries of technology and engineering excellence.

Mr. R K Lohia, Chairman & Managing Director of Lohia Corp Limited, expressed his enthusiasm
about the new ventures “Both these new partnerships are a pivotal move that will broaden our
product offerings and provide our customers with even more choices and will enhance our
presence in the North America and European market, at the same time strengthen our presence
in all other global markets.”

About Lohia Corp Limited
Lohia Corp Limited (LCL) stands as a testament to the power of innovation and commitment to
excellence. As the flagship company of the Lohia Group, LCL has established itself as a global
leader in providing comprehensive solutions for the raffia industry.

With an impressive installation base of over 2,250 extrusion lines and 95,000 Circular Looms
across more than 100 countries, LCL’s influence in the plastic woven fabric and bag sector is
unparalleled. The company’s dedication to quality and efficiency has resulted in an astounding
plastic processing capacity of 7.7 million metric tons per annum of PP & PE.

LCL’s products, ranging from packaging systems for solid bulk materials to roof underlays and
tarpaulins, are not just industrial applications; they are the building blocks of industries
worldwide.

The company’s commitment to sustainability and innovation is the driving force that makes it the
world’s largest producer of machines for the raffia sector. As we look to the future, LCL’s legacy
of excellence is more than just a benchmark; it is a continuous journey towards pushing the
boundaries of possibility.

About J. J. Jenkins, Inc
J. J. Jenkins Inc. is a very respected name based out of North Carolina, USA. They remain at the
forefront of the synthetic fiber and monofilament industries. Their unwavering commitment to
innovation, quality, and customer satisfaction has not only set industry standards but also
fostered enduring partnerships with Fortune 500 companies including some in the medical and
defence industries.

Their holistic approach, combining state-of-the-art technology with unparalleled after-sales
support, exemplifies their dedication to client success. With a vast inventory ensuring rapid
response times, J. J. Jenkins, Inc. is synonymous with reliability and efficiency.

About OMGM sas
Since 1965, OMGM sas is a distinguished Italian leader and has been at the forefront of the plastic
processing industry, pioneering in Monofilament Extrusion, straps, ropes and various other niche
applications. Their commitment to excellence is evident in their advanced technologies and
versatile extrusion lines, handling a variety of materials for diverse industries.

As we look ahead, it’s clear that OMGM Extrusiontechnik Srl will continue to lead and transform
the industry with their precision, innovation, and bespoke solutions. They are more than a
company; they are a trusted partner in progress.

Concrete

Adani acquires Orient Cement at INR 8,100 crore equity value

Published

2 weeks ago

October 22, 2024

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Acquisition adds 16.6 MTPA capacity (8.5 MTPA operational, 8.1 MTPA Ready to Execute).

Accelerates Ambuja’s journey to achieve 100+ MTPA operational capacity in FY 25

Provides 6 MTPA potential additional capacity in North India, leveraging OCL’s high quality limestone reserves in Rajasthan

EDITOR’S SYNOPSIS

Ambuja enters into a binding agreement to acquire 46.8% stake in Orient Cement Ltd (OCL). The acquisition helps to move towards target capacity of 140 MTPA by 2028.
OCL has an existing 5.6 MTPA clinker and 8.5 MTPA cement operational capacity, 95 MW CPP, 10 MW WHRS, 33 MW Renewable Energy spread across the states of Telangana, Karnataka and Maharashtra. It improves Adani Group’s market share pan-India by 2% in the cement industry.
OCL has secured a concession from Madhya Pradesh Power Generating Company Ltd (“MPPGCL”) to set up 2.0 MTPA Cement GU within the premises of Satpura Thermal Power Station in Sarni, MP.
OCL also has a large high quality limestone mining lease in Chittorgarh, Rajasthan, providing the potential to set up additional 6 MTPA capacity in North India.
The acquisition of OCL complements Ambuja’s existing cement footprint, reducing overall lead distances and logistics costs for the cement business and improving market share in our core markets.
Acquisition will be funded through internal accruals, Ambuja remains debt free.

Ahmedabad, 22 October 2024: Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the signing of a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value of Rs. 8,100 crore. Ambuja will acquire 46.8% shares of OCL from its current promoters and certain public shareholders. The acquisition will be fully funded through internal accruals.

“This timed acquisition marks another significant step forward in Ambuja Cements’ accelerated growth journey, increasing cement capacity by ~30 MTPA within two years of Ambuja’s acquisition,” said Mr Karan Adani, Director of Ambuja Cements. “By acquiring OCL, Ambuja is poised to reach 100 MTPA cement capacity in FY 25. The acquisition will help to expand Adani Cement’s presence in core markets and improve its pan-India market share by 2%. OCL’s assets are highly efficient, equipped with railway sidings and well supported by captive power plants, renewable energy, WHRS and AFR facilities. OCL’s strategic locations, high-quality limestone reserves and requisite statutory approvals present an opportunity to increase cement capacity in the near term to 16.6 MTPA.”

Mr CK Birla, Chairman of Orient Cement and the CK Birla Group, said, “The CK Birla Group is continuously reallocating capital to sharpen its focus on consumer centric, technology driven and service-based businesses. I take pride in Orient Cement’s impressive track record of building premium brands and maintaining a leading market share in the geographies it operates in. We are confident that the Adani Group, with its strong focus on cement and infrastructure, is the ideal new owner to drive continued growth at Orient Cement for our people and stakeholders”.

Ms Amita Birla, Co-Chairman, CK Birla Group, added, “Orient Cement has a strong market presence, with sustainability initiatives, particularly in renewable energy, being a significant part of its DNA. I am convinced that Ambuja Cements is the right home for all our colleagues at Orient Cement, as well as our customers.”

OCL has 5.6 MTPA clinker capacity and 8.5 MTPA cement capacity along with statutory clearance to increase the clinker capacity by another 6.0 MTPA and cement capacity by another 8.1 MTPA. In addition, OCL also has a limestone mining lease in Chittorgarh for setting up an Integrated Unit (IU) with clinker of 4 MTPA and a split Grinding Unit (GU) of 6 MTPA in North India. OCL has also secured a concession from MPPGCL, Madhya Pradesh for setting up a Grinding Unit within the premises of Satpura Thermal Power Plant. Both these complement the Adani Group’s existing cement footprint. (Refer Annexure – 1 for OCL’s location wise cement capacity and other assets and Annexure – 2 for Adani Cement’s footprint post-acquisition of OCL.)

OCL has recently commissioned a WHRS in Chittapur IU and is in the final stage of commissioning 16 MW solar in Chittapur and 3.7 MW solar in Jalgaon. OCL’s efficient plants, highly motivated teams, strong balance sheet and well-distributed dealer network will be excellent additions to the Adani Group’s existing cement business. OCL’s existing dealers will move to Adani Cement’s market network, creating formidable synergies.

Ambuja plans to optimize OCL’s overall capacity utilization to enhance its cost and competitiveness and improve its operating performance while leveraging the synergies inherent in the existing cement business.

About Ambuja Cements Ltd (ACL)

Ambuja Cements Ltd is one of India’s leading cement companies and a member of the diversified Adani Group – the largest and fastest growing portfolio of diversified sustainable businesses. Ambuja, with its subsidiaries ACC Ltd, Penna Cement Industries Ltd and Sanghi Industries Ltd, has taken the Adani Group’s cement capacity to 88.9 MTPA, with 20 integrated cement manufacturing plants, 20 cement grinding units and 12 bulk terminals across the country. Ambuja has been recognized among ‘India’s Most Trusted Cement Brand’ by TRA Research in its Brand Trust Report, 2024 and among ‘Iconic Brands of India’ by The Economic Times. Ambuja has provided hassle-free, home-building solutions with its unique sustainable development projects and environment-friendly practices since it started operations. The company has many firsts to its credit – a captive port with six terminals that facilitates timely, cost-effective and cleaner shipments of bulk cement to its customers. Its innovative products like Ambuja Cement, Ambuja Plus, Ambuja Compocem and Ambuja Kawach are now listed in the GRIHA product catalogue. These products not only fulfil important customer needs but also help in significantly reducing their carbon footprints. Being a frontrunner in sustainable business practices, Ambuja Cements ranks among ‘India’s Top 50 companies contributing to inclusive growth’ by SKOCH and ‘India’s Top 50 Most Sustainable Companies’ Cross-Industry by BW Businessworld.

For further information on this release, please contact: roy.paul@adani.com

Annexure -1 | Existing Cement Assets of Orient Cement Limited

Plant	Clinker (MTPA)	Cement (MTPA)	CPP/WHRS/Solar	Railway Siding
Devapur IU, Telangana	3.5	3.5	CPP – 50 MW	Yes
Chittapur IU, Karnataka	2.1	3.0	CPP – 45 MW WHRS – 10 MW Solar – 16 MW*	Yes
Jalgaon GU, Maharashtra	–	2.0	Solar – 13.5 MW+ 3.7 MW*	Yes
Operational Capacity	5.6	8.5

* capacity is in commissioning stage

Annexure – 2 | Footprint of Adani Group – Cement business post OCL Acquisition

Economy & Market

Fornnax Announces a Major Launch With Sr Max Series: Sr-max2500 Primary Shredder a Revolutionary and Game-changer

Published

3 weeks ago

October 18, 2024

admin

Fornnax, a renowned shredding and recycling equipment provider with years of experience in designing and developing SR-Series dual shaft shredders, has unveiled its advanced level SR-MAX2500 shredder specially designed for the Municipal Solid Waste category.

The launch was held IFAT India 2024, a most prestigious event in the waste management industry, on October 16th, 2024, at the Bombay Exhibition Centre in Mumbai.

Fornnax’s successful track record of developing many proven machines for different types of tires, ferrous and non-ferrous metals, which are the most difficult applications has made them a pioneer in the shredding and recycling equipment manufacturing global market over the decade now. The design of the SR-Series machine, a legacy that has prevailed for over a decade, continues to be used in the design of SR-MAX series machines. The advanced SR-MAX2500 shredder features high capacity, modern engineering, and innovative technology.

The remarkable event was inaugurated by Mr Ulhas Parlikar, Ex-Director of Geocycle India; Mr Sanjay Shripatrao Katkar IAS (Municipal Commissioner and Administrator) MBMC; Mr Sharad Nanegaonkar Executive Engineer (Water Supply and Sewerage Department) MBMC; Mr Deepak Khambit (City Engineer) MBMC; Mr Jignesh Kundaria CEO & Director of Fornnax Technology Pvt. Ltd.;

Mr Manoj Kumar Sure, JK Cement Head AFR; Mr Manoj Kumar Modha, Director of Millennium Multi Trade Pvt. Ltd.

Jignesh Kundaria, CEO and Director of Fornnax, shared insights into their newly launched innovation, “With the SR-MAX2500, we’re poised to transform the waste management landscape in India and beyond. Our goal is to line up municipal waste recycling industries with a robust, efficient, and sustainable solution. Our commitment to sustainability and enhancing recycling process is a step forward towards achieving PM’s vision of a Net Zero emissions future by 2050.”

Revolutionizing Waste Reduction: The SR-MAX2500 Advantage We’re excited to introduce the Fornnax SR-MAX2500, a revolutionary primary shredder designed for efficient volume reduction of diverse materials. This high-capacity machine boasts advanced modern engineering and technology, featuring hydraulic motors driving each shaft for optimal power and torque. Its unique cutter design, replaceable cutting table, and shaft design make it an ideal solution for various applications.

Waste Management Reimagined! SR-MAX2500 Primary Applications Our primary focus for the SR-MAX2500 is serving large-scale municipal waste recyclers, cement plants, waste-to-energy plants, mechanical biological treatment facilities, materials recovery centres, construction and demolition recyclers, aluminium recyclers, and other applications requiring highcapacity machines and robust technology.

The SR-MAX2500’s Impressive ROI Streak The SR-MAX2500 offers several commercial benefits, including increased efficiency, reduced operational costs, and enhanced productivity as it is specially designed for the Indian market. Its robust design and advanced technology ensure minimal downtime, maximizing profitability for our customers. Additionally, our commitment to quality and reliability helps build long-term relationships with clients, fostering loyalty and repeat business.

Innovation Meets Efficiency: Why Choose the SR-MAX2500? Fornnax has carved out a distinctive niche in the highly competitive market and its relevance stems from a unique, tailored approach that addresses specific needs. Thus, the SR-MAX2500 shredder differentiates itself through its versatility, catering to a diverse array of waste management and user needs, specifically designed for Indian waste, which is highly contaminated compared to global waste. Additionally, our unwavering focus on innovation, quality, and customer-centricity sets us apart from competitors and establishes our position in the market.

Turning Trash into Treasure with MSW Waste As you see due to the rapid urbanization and over population, India is among the world’s top 10 countries generating municipal solid waste (MSW) and generates around 62 million tons of waste in a year. Therefore, it is extremely critical to prioritize recycling and conversion of MSW into RDF fuel. Cement industry, which uses a significant amount of coal. Cement industries substituting coal with RDF or alternate fuel to reduce the greenhouse gas emissions, conserve natural resources like coal and more and ultimately minimise the waste disposal issues.

Fornnax’s Exceptional Contribution to India’s Sustainability Goals India has made significant strides in waste management and recycling, and with continued investment, innovation, and policy support, there’s no doubt it can achieve its goals. Fornnax is committed to contributing to India’s sustainability and waste management journey through their advanced recycling solutions, supporting the country’s transition to a more circular and environmentally conscious economy.

Fornnax’s Unwavering Commitment to R&D and Innovative Solutions Fornnax stays updated with global advancements in recycling technology and sustainability practices through several key strategies, such as we invest heavily in research and development to ensure our equipment are at the forefront of technological innovation. Our team closely monitors industry trends, emerging technologies, and regulatory changes to identify potential opportunities for improvement. We also actively seek feedbacks from our valued clients to understand their evolving needs and challenges. This input helps us identify areas where we can boost our meet market demands.

Expanding Horizons: Fornnax’s Growth Plans for the Year Ahead The SR-MAX2500 launch is a strategic step towards expanding our market presence and strengthening our position as a leading shredder manufacturer around the globe.

Also, we are optimistic about the coming year, driven by the growing demand for sustainable waste management solutions and the increasing awareness of environmental issues. We are actively investing in equipment enhancement, engineering, and strengthening our partnerships to meet the evolving needs of our customers. Fornnax’s focus areas for the next year include expanding the manufacturing capacity to meet the rising demand and we already started working on it by acquiring 23-acre land parcel in Ahmedabad, Gujarat. The new site is expected to become operational by March 2025. Its focus will be on producing high-capacity machinery applicable in tyre, cable recycling, ewaste, metal processing and more.

About Fornnax FORNNAX is one of the world’s leading shredding and recycling equipment manufacturers, offering Primary shredders, Secondary shredders and Granulators for tyres, municipal solid waste, cables, e-waste, aluminium and many other industrial applications. Quick after-sales services that increase our customer’s uptime and productivity.

We are committed to shaping the landscape for sustainable recycling solutions in the future. Because we’re not just selling equipment, we’re building business. That’s what we believe. That’s who we are. Fornnax Equipment is built with the idea that the simple, most significant and heaviest is better. Our equipment is an evolution of advanced products designed for the challenges of the recycling world.

The global sales partner network makes us successful worldwide. Our corporate culture is based on our history of providing value to our customers’ success worldwide. This motivates our employees to work together, develop innovative products, and produce high-quality equipment.