Raghav Productivity Enhancers tie-up with Capital Refractories to supply silica ramming mass

2022-07-21

Jul. 21, 2022 - Raghav Productivity Enhancers Ltd and Capital Refractories Ltd have entered in an arrangement to partner for the sale of Silica Ramming Mass to the Foundry and Casting industry worldwide.

Capital refractories will leverage its global distribution set-up to grow the business of Silica Ramming Mass with its Foundry and Casting customers. The product packaging shall be exclusively designed to have Raghav’s Logo and the statement “Produced by Raghav Productivity Enhancers Ltd” along with the artwork of Capital Refractories, leading to a co-branding arrangement.

Regarding the development, Managing Director of Raghav Productivity Enhancers Ltd, Rajesh Kabra said, “The Foundries market is one of the highest value add markets for Silica Ramming Mass manufacturers and will provide the next growth leg to our company. Our R&D efforts of the last five years have led to the onboarding of an ace partner like Capital Refractories, and we look forward to taking a significant leap forward in the foundry and casting market with the help of this tie-up.”

Rakesh Jhunjhunwala invested Rs 30.90 crores in the company for their new ramming mass plant. The plant is being set up using the company’s proprietary process and will be operating from October 2022.