Finland-based Outokumpu, a leading stainless steel manufacturer, will be showcasing its enhanced range of formidable products and technical services on the growing demand for critical requirement in emerging high-end application segments in India which includes energy, oil & gas, chemical processing, water treatment and desalination plants during the four-day CHEMTECH 2017 to be held at Bombay Exhibition Centre from February 14-17, 2017.
Union Minister for Chemicals and Fertilizers, Government of India, Ananth Kumar will be will be inaugurating the CHEMTECH 2017 on February 14, 2017. ´Stainless steel is an essential material for achieving sustainability in the critical key industries.
As a leading global stainless steel supplier, Outokumpu, the world´s oldest and largest manufacturer, will present its products, services and capabilities at the event. The company will highlight how speciality stainless steels provide for sustainable solutions for safer and more reliable processes,´ said Yatinder Pal Singh Suri, Managing Director and Country Head, Outokumpu India.
´The main contributors to improved safety and reliability in any key process industry are corrosion-resistant materials which reduce downtime and maintenance needs. Outokumpu´s high strength duplex stainless steel grades offer new opportunities for the industry to attain these goals increasingly effectively and competitively. Duplex allows for considerable material savings due to higher strength in various applications and offers far superior corrosion resistance than the conventional material choices in stainless steel as well as coated carbon steel; the benefits include more flexibility in the types of stored liquids in storage tanks , minimised maintenance, and reduced corrosion hazards and lower cost,´ said Suri.
´Exhibiting and presenting at CHEMTECH 2017, Outokumpu will take the opportunity to propagate messages about sustainable solutions provided by the Group´s speciality stainless steels. These stainless steels achieve the lowest life cycle cost, optimal productivity and higher profitability. The world-leading stainless steel producer with the broadest product portfolio and biggest R&D centres, Outokumpu supplies materials for water treatment, desalination, sub-sea equipment, oil refining, chemical tankers, nuclear energy and ports, enhancing profits and productivity for the end user with competitive cost advantage,´ said Suri.
´As the oldest and largest stainless steel producer globally, Outokumpu actively promotes the culture of sharing knowledge on new innovations so that the end users can make an enlightened choice in material selection for their critical application areas. We do it because Outokumpu envisions building a world that lasts forever through sustainable stainless products and solutions,´ added Suri.
´Currently the overall demand level of stainless steel flat products for the industrial segment in India is more than 800,000 tonnes.
The demand for industrial grades is set to grow more than three times in the next 10 years. In the absence of domestic capability to manufacture high end reliable range of stainless steel for hostile industrial applications, Outokumpu has a major role to play in India,´ said Suri.
On Outokumpu´s successful completion of 10 years of operation in India, an Outokumpu customers´ meet will be organised on February 16 to share knowledge and introduce the latest innovations in speciality stainless steels. B Narayan, Group President, Procurement & Projects, Reliance Industries will be the Chief Guest and Tamara Weinert, Senior Vice President, Sales (Europe & Overseas), Outokumpu, will be the guest of honour.