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==Products== | ==Products== | ||
The company manufactures industrial castings of various grades of steel/stainless steel and super alloys viz. Cobalt/Nickel/Tungston based metallurgy. The castings manufactured by the company are used in various industries viz. valves and pipe fittings, pumps, cement, fertilizer, chemicals and petro-chemicals, thermal and nuclear power, mining and geology, railways, road and sea transport etc. | The company manufactures industrial castings of various grades of steel/stainless steel and super alloys viz. Cobalt/Nickel/Tungston based metallurgy. The castings manufactured by the company are used in various industries viz. valves and pipe fittings, pumps, cement, fertilizer, chemicals and petro-chemicals, thermal and nuclear power, mining and geology, railways, road and sea transport etc. | ||
==Facility== | |||
PTC Industries announced that it has successfully completed the acquisition of the Electron Beam Cold Hearth Remelting (EBCHR) furnace with a capacity of 5,000 tonnes per annum, through its wholly owned subsidiary "Aerolloy Technologies Limited (ATL). | |||
With the installation of this EBCHR furnace, the world's largest single site Titanium recycling facility shall now be set up in India, and make PTC one of the very few companies in the world with the manufacturing capacity and technology for remelting and recycling Titanium scrap within the country and producing aviation-grade Titanium alloy ingots indigenously.As per industry reports, about 30,000 tonnes of Titanium is recycled annually through EBCHR or Plasma Arc Melting (PAM) which implies that PTC will now possess a significant market share of over 15% of the world production.<ref>https://www.business-standard.com/article/news-cm/ptc-inds-jumps-over-39-in-eight-sessions-122082200709_1.html</ref> | |||
==Financials== | ==Financials== | ||