Rs 6.8 billion order book: Industrial products manufacturer receives major contract from Tata Steel Ltd

Tata Steel Limited has awarded a significant contract to John Cockerill India Limited for a Push-Pull Pickling Line (PPPL) and Spray Roaster-Acid Regeneration Plant (ARP) at its Jamshedpur facility. This project aims to enhance sustainable steel production by implementing high-efficiency, closed-loop technology. John Cockerill will handle the entire process, including engineering, design, manufacturing, and supply of the equipment, along with supervising the erection and commissioning. This comprehensive approach ensures that the new system will meet all performance guarantees and operate at optimal efficiency, reinforcing Tata Steel's commitment to modernising its production processes with advanced, environmentally conscious technology.

The new PPPL, with an annual capacity of 350,000 tons, is designed for operational flexibility, allowing it to easily process different strip sizes and steel grades. Leveraging its extensive global experience with over 150 pickling lines, John Cockerill has incorporated several innovative features into the design. The line will use unique V-shaped granite blocks and a two-step acid scrubbing process to minimise acid fumes, creating a safer work environment. Equipped with double uncoilers, a stitcher, three specialised pickling tanks, and an in-line side trimmer, the system will produce clean, scale-free strips. This is crucial for downstream processes like cold rolling and tinplating, ensuring the high quality of the final product.

A key feature of this project is the integration of the pickling line with a Spray Roaster ARP, which creates a closed-loop system. This technology regenerates fresh acid from waste pickle liquor with over 99.5 per cent efficiency, significantly reducing the need for new acid and lowering operating costs. Additionally, the process produces a high-purity iron oxide byproduct that can be sold for use in other industries, such as paints, creating an additional revenue stream. The system is also designed with future-ready emission controls to meet stringent environmental standards. With this contract, John Cockerill strengthens its role as a key technology partner for the Indian steel industry, providing innovative and sustainable solutions that boost both efficiency and environmental responsibility.

About the Company

John Cockerill India Limited, a subsidiary of John Cockerill Industry, is a global leader in the design, manufacture, and installation of reversible cold rolling mills and other steel processing equipment. With a focus on innovation and sustainability, John Cockerill India offers a comprehensive range of solutions for the steel and non-ferrous industries, including rolling mills, processing lines, thermal and chemical treatment installations, and auxiliary equipment. As a trusted partner to customers worldwide, John Cockerill India is committed to providing clean, reliable, and efficient equipment that meets the evolving needs of the industry.

The company has a market cap of over Rs 2,400 crore and has an order book of Rs 6.8 billion. The stock gave multibagger returns of 300 per cent in 3 years and a whopping 700 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.