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Showing posts with the label value addition

Runaya Metsource & RUSAL JV to focus on Material Sciences and High-Tech Applications

Runaya Metsource, funded by Vedanta Group’s ‘principal shareholders’, and Russian aluminium billionaire Oleg Deripaska’s RUSAL are creating an equal joint venture for precision applications, such as rocket fuels, solar energy, and additive or 3D manufacturing.  Naivedya Agarwal, son of Navin Agarwal – Chairman of Vedanta Limited, will spearhead the joint venture in his independent capacity. Starting out with an initial capital of about $50 million, Naivedya’s maiden business venture Runaya Metsource will focus on material sciences and high-technology applications through global alliances and partnerships. The new company will produce high-end value-added aluminium pastes and powders to cater to applications primarily in additive technologies and solar energy, an executive said. Additive manufacturing refers to a process by which digital 3D design data are used to build up a component in layers by depositing material. The term ‘3D printing’ is increasingly used as a synonym ...

Vedanta’s push to Make In India – Indigenised manufacturing of aluminium alloy ingots to minimise dependence on imports

#MakeInIndia  Hello there! You’ve surely heard about the import subtitle billets in our previous post. Right? Yes! I was pretty impressed with the kind of work that Vedanta is carrying out for customer value addition.   Well, you’ll be even more impressed when you hear about us making alloy ingots for the automobile industry. Automobiles. Wow! I would like to know more. But wait! First tell me what an ingot is. An ingot  is a piece of relatively pure material, usually  metal , that is  cast  into a shape suitable for further processing. In our case, it is basically a slab of aluminium which is made after solidification of the final molten metal during production. Aluminium ingots manufactured by Vedanta Nice! Continue… In India, the automobile industry is one of the biggest manufacturing sectors producing around 23 million units per annum with a gross turnover of $60 billion. The total consumption of aluminium...

Vedanta’s import substitute billets give a fillip to Make In India

Vedanta is a major producer of high grade aluminium and various other products such as billets and ingots, which are supplied to secondary fabrication units. Although Vedanta has been a significant billet manufacturer for a long time, the requirement spelt out by a new customer - Vikas Altech was a huge challenge. Even today, the micro tubes in automotive radiators are manufactured from copper. Due to ever changing needs of the customer segments, these tubes are now required to be made from special alloys in which aluminium is the base metal. The application called for a special alloy and that too with a specific post treatment process (homozanization cycle). It also called for specific changes in the casting process like the filtration mechanism, changing the filters from 40ppi to 50ppi, additional degassing process etc. All these actions were important since the end-product to be extruded was of a very thin and hollow profile used in automotive air conditioning heat exc...