Business Standard

Zenitex to sign MoU with Metalube for R&D centre

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BS Reporter Mumbai/ Ahmedabad

Catching the attention of international players for its energy and environment conservation expertise, Sachin-based textile dyeing and processing firm Zenitex Ltd. is set to sign a memorandum of understanding (MoU) with UK-based Metalube.

Once signed, the leading UK-based manufacturer of industrial lubricants Metalube may soon set up a research and development (R&D) centre at Zenitex's facility near Surat.

"In past we have received several awards including the National Energy Conservation Award 2011 for our energy conservation activities. However, we will now also sign an MoU with UK-based Metalube wherein the it will set up an R&D facility at our unit. The centre will be set up to study and adopt energy conservation methodologies pioneered by Zenitex at our dyeing plant," said Viral Desai, director of Zenitex Ltd.

 

The R&D centre will help Metalube adopt Zenitex's energy conservation activities for the former's industrial lubricant business. "Our technology can be used in other sectors for conserving energy," said Desai, adding that the R&D centre will come up at Zenitex's 10,000 sq mtrs wide unit.

A textile dyeing and processing company, Zenitex processes about 100,000 metres per day. The company recently pegged a turnover of Rs 10 crore for the fiscal 2011-2012.

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First Published: Apr 18 2012 | 12:57 AM IST

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