Corporate Announcement
Security Code : 513605    Company : SRIPIPES    
 
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  Exchange Disseminated Time     01/08/2016 12:45:22
Srikalahasthi Pipes Ltd has informed BSE that the Company is taking Shut down of the Mini Blast Furnace from August 04, 2016 for a period of about 30 days to carry out Complete relining (a Routine activity carried out once in 3-4 years) along with installation of Stave Cooling System, Bell Less Top arrangement and Pulverized Coal Injection (PCI) facility in MBF. Further, the Company shall augment additional manufacturing / finishing line in Ductile Iron Pipe Plant comprising high productive new spinning machine (in addition to replacement of an existing machine), a new Induction Furnace and an additional Converter. Hence the Ductile Iron Pipe unit will operate at about 25% of its capacity through Induction Furnace during the shutdown.

The shutdown is expected to be completed within the scheduled duration of 30 days and the plant is likely to resume its full-fledged operations from 2nd week of September, 2016. After completion of this shutdown, the production capacity of Ductile Iron Pipes will enhance from 225000 TPA to 300000 TPA, and that the hot metal production shall increase coupled with cost reduction benefits. Moreover, due to subsequent improved productivity, the total production planned for the year will not be impacted.
 

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