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==Facility== | ==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). | 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 | 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.<ref name="BussStandard">https://www.business-standard.com/article/news-cm/ptc-inds-jumps-over-39-in-eight-sessions-122082200709_1.html</ref> | ||
==Financials== | ==Financials== | ||