Evonik's Insilco to switch to coal fired hot air unit at Gajraula unit
By switching to coal from diesel, Insilco - a producer of precipitated silica - aims for significant cost savings in the area of energy consumption
BS B2B Bureau B2B Connect | Mumbai
Frank Lelek, regional president of Evonik India and managing director of Insilco Ltd, said, “Evonik has a strong innovation culture and investment projects are aimed at utilising potential for sustained profitable growth and value creation. Change of source of energy to coal will result in significant cost savings in the area of energy consumption. By doing so, we will continue to maintain our position as a leading supplier of silica in the Indian subcontinent.”
Between 2010 and 2014, Evonik increased its global capacity for precipitated silica by around 30 percent. Catering to a rising demand, Insilco wants to continue offering its customers high-quality silica combined with customised service and high supply reliability. Insilco Ltd manufactures conventional as well as highly dispersible silica. Lately, the demand for highly dispersible silica is growing in India, specifically influenced by change in demographics and higher sales growth for tyres with reducing rolling resistance.
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Insilco, a subsidiary of Evonik in India, has been producing precipitated silica for more than 20 years. The company has an annual capacity of around 21,000 metric tonnes for precipitated silica.
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First Published: Jul 02 2015 | 2:37 PM IST