PTC Industries has acquired Vacuum Arc Remelter (VAR) for manufacturing Titanium ingots under its wholly owned subsidiary ‘Aerolloy Technologies (ATL)’. This facility is to be set-up in the 50 acres land allotted to ATL in the Lucknow node of the UP Defence Industrial Corridor.
This procurement of Vacuum Arc Remelter is a key milestone towards company’s endeavour to bring the best-in-class technologies in India and of setting-up a fully integrated material manufacturing capabilities of all exotic materials, including Titanium ingots and recycling facility, Cobalt, and Nickle Superalloys, in three phases at this facility. The company has already initiated the capex in the first phase which is underway and has acquired and set-up the Vacuum Arc Remelter facility which is critical for manufacturing of Titanium Ingots from Sponge (ore) with a total capacity 1,500 tonnes per annum.
PTC Industries is supplier and manufacturer of earth moving machine equipments, fork, machine tools, pump, spare parts -valves & pumps. It is exporter of stainless steel casting and non ferrous alloy.
Company Name | CMP |
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Electrost Castings | 194.85 |
AIA Engineering | 3914.85 |
Kirloskar Ferrous | 606.80 |
Nelcast | 152.50 |
Alicon Castalloy | 943.95 |
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