Comments
Ram Charan Rub-Chem Pvt Ltd, supplier of raw materials such as carbon black, synthetic rubber, polymer, additives, zinc oxides, waxes and process oils to various tyre, plastic, printing ink, coatings and auto ancillary manufacturing units across the country, has chalked out Rs 50-crore capex for the next couple of years.
With an integrated supply chain logistics and customer base including TVS, Rane, Toyota, Honda and Hyudai, the Rs 150-crore company commands 30 per cent market share in the rubber, 90 per cent in plastics and 40 per cent in inks and coatings industries.
The company is planning to set up reclaim rubber manufacturing and rubber compounding facility near Chennai. The proposed unit will process scrap tyres and reclaim rubber that will partially replace the natural rubber requirement of tyre manufacturers (this reclaim rubber is predominantly used in cycle tyres). With the growth in demand from tyre manufacturers, the proposed facility will process 1,500 tonnes of rubber a month.
“We are in final stages of discussion with a Japanese firm for setting up a rubber compounding unit, too,” said Mr Kaushik Palicha, Director, Ram Charan. This unit will manufacture a pre-mix rubber compound to make hoses, sealing systems and other critical rubber components, mainly in the automotive sector. Besides, it is also in the process of setting up a compound testing lab in Chennai.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.