Exxaro Tiles commences commercial production of Big Slab Glazed Vitrified Tiles

18 Oct 2022 , 02:42 PM

Exxaro Tiles Limited has established a production unit within its existing factory in Talod to produce value enhanced big format GVT tiles.

The plant’s installed capacity is about 11.00 million sq. mtrs per year, up from 9.6 MSMS earlier.

The total cost of establishing this vast slab manufacturing line at its current Talod Plant is estimated to be roughly Rs30 crore, funded entirely by internal company funds. At full capacity, this expansion is estimated to create an extra income of about Rs250 crore, and commercial production is set to begin on October 18, 2022.

The investment is entirely consistent with our strategic strategy to increase operational efficiencies and growth through technological advancements and state-of-the-art industrial facilities, said the company in its press release.

To manufacture huge glazed vitrified tiles/slabs, the company bought a “SACMI CONTINUA” Technology-based Press measuring 1600mm x 3200mm imported from ITALY.

The new installation will use the most recent available technology and manufacturing method in terms of industrial performance, safety, and environmental sensitivity. Expansion of product categories would allow the company to boost the brand “EXXARO” even more.

At around 2.47 PM, Exxaro Tiles was trading 1.16% higher at Rs109.05, against previous close of Rs107.80 on NSE.

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