IMERYS (EPA:NK) - Imerys expands its presence in India by opening a new plant dedicated to the refractory and infrastructure markets

Transparency directive : regulatory news

03/06/2021 17:45

PRESS RELEASE
June 3, 2021

Imerys expands its presence in India by opening a new plant dedicated to the
refractory and infrastructure markets

* Imerys has invested EUR40million in a new calcium aluminate plant in
Visakhapatnam, in the Andhra Pradesh state in India
* The plant has been commissioned remotely from Europe thanks to Industry 4.0
technology
* Production to focus on specialty calcium aluminate binders, SECAR(r)68V and
SECAR(r)70V, speci?cally designed for optimal performance in Indian
conditions.

Imerys announces the launch of commercial sales out of its new calcium
aluminate plant in Visakhapatnam (Vizag), in the Andhra Pradesh state in
India.

The Group invested EUR40million in this new facility, which expands the Group's
presence in the country and enables it to serve domestic customers with
solutions adapted to their local needs.

From its new plant, Imerys will supply the refractory as well as the
construction market with SECAR(r)70V, a calcium aluminate binder with
controlled chemistry and optimised mineralogy for conventional castable
applications, and SECAR(r) 68V, a calcium aluminate binder dedicated to growing
demand in low-cement castables. These products have been developed by Imerys
scientists to meet the speci?c needs of the Indian refractory and
construction industries and adapted to the climate of the sub-continent.

The plant will also serve as a distribution center of imported ready-to-use
mortars and bentonite solutions to serve the fast growing infrastructure
sector, in particular for applications such as waste water, tunneling and civil
engineering in general.

The company has hired 100 people from local communities, who have been trained
gradually as the commissioning of the plant was progressing. Imerys India today
employs 800 people, located in 16 industrial sites and 8 sales o?ces. In
addition to the production of calcium aluminate binders, the Group produces
specialty solutions for ceramics, plastics, polymers and refractory products.

"The opening of this new plant is a major milestone for Imerys. It is another
proof that the Group continues to invest in growing markets and geographies.
The fully remote commissioning, caused by the perduring pandemic, has been an
incredible achievement. Our local teams have been simply great, commented
Alessandro DAZZA, Imerys Chief Executive O?cer."

The world leader in mineral-based specialty solutions for industry, with EUR3.8
billion revenue and 16,400 employees in 2020, Imerys delivers high value-added,
functional solutions to diversi?ed set of industrial sectors, from processing
industries to consumer goods. The Group draws on its knowledge of applications,
technological expertise and its material science know-how to deliver solutions
based on bene?ciation of its mineral resources, synthetic minerals and
formulations. These contribute essential properties to customers' products and
performance, including refractoriness, hardness, conductivity, opacity,
durability, purity, lightness, ?ltration, absorption and repellency. Imerys
is determined to develop responsibly, in particular by fostering the emergence
of environmentally-friendly products and processes

Press contact
Claire Lauvernier
+33 (0)1 4955 6665

Investor relations
Vincent Gouley
+33 (0)1 4955 6469

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IMERYS (EPA:NK) - Imerys expands its presence in India by opening a new plant dedicated to the refractory and infrastructure markets

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