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| C.S. Ajmera, CEO of Shree Precoated Steel |
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The Ajmera Group, a construction and real estate development company in India, entered the cement and steel industries more than a decade ago to boost growth through complementary businesses and contribute to the country's economic development through the vision of Group Chairman and Managing Director C.S. Ajmera.
Shree Precoated Steels Ltd., set up in 1991, has since grown into a global producer of high-quality coated flat steel. ``We were the first to start this business in 1991 and since then we have never looked back,'' says company Director Sanjay Ajmera.
SPSL produces nearly half a million tons of pre-painted steel, 90 percent of which are exported to Europe and the Far East. As part of its expansion, it has invested in advanced technology, such as an NIR-infrared oven, which cures paint in three seconds, a record in the global industry of color-coated steel production.
Meanwhile, the company believes that the environment need not suffer for the sake of more efficient and cost-effective production.
It has the world's largest revolving regenerative thermal oxidizer, which converts solvents into harmless fumes with zero-fuel to effectively recycle the released energy, and a waste acid recovery facility which recovers acid with the lowest chorine-based ion oxide, a byproduct popular in Japan.
Besides having achieved a highly efficient production process, it has also obtained accreditations from the International Standards Organization for several of its products.
To ensure that goods stay intact from the time they leave the plant until they reach the customer, SPSL began containerized shipment in India.
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| Shree Precoated Steel, based in Pune, uses the world's First NIR (near infrared) oven, which has a color-coating speed of 180 meters/minute. |
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In the near future, it hopes to have its own production line for the booming automotive industry via its plan for backward integration of iron and steel-making, and hot strip rolling facilities with a capacity of about 2 million tons a year.
``Shree Precoated Steels is always open for partnership with the Japanese in a big way and looks forward to collaborating with them in the future for the challenging missions we have,'' declares Ajmera, whose company has been looking for joint-venture opportunities.
www.spsl.com |