The new factory will meet the increasing demand for locally manufactured products in India.
On March 15, 2023, Alleima inagurated a new Hydraulic and Instrumentation tubing factory, at its Mehsana Mill in Gujarat, western India. The investment that Alleima made in 2021 has now concluded and is part of a larger growth initiative that Alleima started in 2017.
In 1983, Alleima established its first operation in Pune, India. Since then, the company’s activities in the country have expanded. Today, India is one of Alleima’s key geographical areas, and the Mehsana manufacturing facility has since grown in importance. Having been successively expanded and modernized, the factory has increased production and availability of high quality seamless stainless steel and high alloy tubes to strengthen service in the region. Now, the inauguration of the important investment will finally take place.
"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 Göran Björkman, President and CEO at Alleima.
The first phase of this growth initiative first started in 2017. It was completed in 2020 when Alleima added a new cold finishing tube manufacturing line mainly for heat exchanger tubing and other demanding industrial applications. This time, 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.
"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, and continues.
“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.”
Mehsana, March 14, 2023
Alleima AB (publ)
Yvonne Edenholm, Press and Media Relations Manager
Phone: +46 (0) 72 145 23 42
Emelie Alm, Head of Investor Relations
Phone: +46 (0) 79 060 87 17
The Mehsana is a high-tech tube mill situated in Gujarat, western India, that produces advanced corrosion resistant tubes, pipe for heat exchangers and process equipment across a wide range of industries. Grades range from austenitic stainless steel to duplexes and high nickel alloys. The mill has an advanced modern laboratory to test metals and particular tests are undertaken to measure the tensile strength, yield strength, test for flattening, flaring, grain size, micro characterization, and many others. Standards fulfilled include ASTM, ASME, EN, NACE 0101/0175 and other stringent customers specifications.
Alleima AB, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 18.4 billion in 2022, has approximately 5,900 employees and customers in approximately 90 countries. Alleima was listed on Nasdaq Stockholm on August 31, 2022 under the ticker ‘ALLEI’. Learn more at www.alleima.com