Jindal Stainless commissions state of the art Metal Recovery facility

India Infoline News Service | Mumbai | April 28, 2015 13:40 IST

This technologically-advanced “Metal Recovery Plant’ is a part of multi-year contract to provide onsite material processing services by HARSCO and will be located at JSL’s fully integrated stainless steel manufacturing facility at Jajpur, Odisha.

Jindal Stainless Limited (JSL), the largest integrated manufacturer of Stainless Steel in India today announced the commissioning of state-of-the-art Metal Recovery Plant in association with HARSCO Corporation, a worldwide leader in providing material processing and environmental services.
This technologically-advanced “Metal Recovery Plant’ is a part of multi-year contract to provide onsite material processing services by HARSCO and will be located at JSL’s fully integrated stainless steel manufacturing facility at Jajpur, Odisha.
This system will enable the recovery of the trapped metal (Ferro Chrome) from the slag generated during the production of Ferro Chrome and will help in enhancing the production capacity by minimizing wastage.  There was a loss of 5000-6000 tonnes metal per year, which will now be recovered through this novel technology. This will result in least slug generation, which will be processed in adherence with the environmental norms.
Commenting on the partnership, S. Bhattacharya, Director Operations- JSL Said, “JSL is always committed towards the protection of environment and to minimize the wastage of precious metals and minerals during the production process. This technology will help JSL to reduce the wastage of precious natural resources and will also help to reducing the amount of new metals & minerals, which would otherwise have been purchased or extracted from Mother Nature”.
Commenting on the same, Mr. Rick Lundgren, President, Metals & Minerals Division, Harsco Said “We are privileged to have JSL as our partner to bring this technology to India for the first time for the Stainless Steel sector and be a part of growth of Indian Stainless Steel sector. The JSL’s Jajpur site is a major opportunity to demonstrate our higher-performing value proposition within one of the world’s leading Stainless Steel markets”

***Note: This is a NSE Chart

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.