The factory will be fully completed and operational in 2023
Alleima, a global manufacturer and supplier of advanced stainless steels, special alloys, and heating systems, will today inaugurate its new Hydraulic and Instrumentation tubing factory at its Mehsana Mill in Gujarat.
The investment made is part of a larger growth initiative that Alleima started in 2017. The new factory will meet the increasing demand for locally manufactured products in India.
The investment has been divided into two parts, a new Hydraulic and Instrumentation tubing factory and a Heat Exchanger (HX) cold finish Tube Capacity that will be fully completed and operational in 2023.
"As part of our strategy to invest capacity and capability in growth markets, the new Hydraulic and Instrumentation tubing manufacturing facility will enable us to serve our customers locally with premium products in India. The investment aims to capture growth opportunities in the chemical and petrochemical segment. There is also a change towards increased natural gas in the energy mix and a shift towards alternative clean fuels, which present further growth opportunities. The Mehsana Mill is an important facility in our journey towards strengthening our footprint in Asia,” says Goran Bjorkman, President and CEO, Alleima.
"For the past few years, we have been focusing on boosting capacity, adding new products, and constantly improving our capabilities to meet the highest global quality standards and customer specifications. The new factory will expand the Hydraulic and Instrumentation Tube capacity to meet the growing market for infrastructure around natural gas. This move will also enable the transition towards cleaner alternative fuels and meet the increased demand from growth in the Chemical and Petrochemical segment in India," says Sharath Satish, President, Business Unit Tube APAC, Alleima.
“We look forward to ramping up our production to cater to the increasing demand for locally manufactured products in India while aligning with the Government of India's "Make in India" and "Atma Nirbhar Bharat" program for self-reliance. Through this investment, we also look forward to enabling further export and swifter delivery times to customers across the region,” added Satish.
The Mehsana is a high-tech tube mill situated in Gujarat, and produces advanced corrosion resistant tubes, pipes for heat exchangers and process equipment across a wide range of industries.
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