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05 FEBRUARY 2019 AL CIRCLE

Hindalco exhibits aluminium bulker and its benefits at INCAL 2019

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

At the 7th International Conference on Aluminium and Exhibition (INCAL-2019), Hindalco demonstrated a dry bulk carrier made from indigenous aluminium and showed its enormous benefits. The bulker will be used for carrying cement, fly ash, food grains, PTA powder, and alumina.

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The bulker not only depicts Hindalco’s unmatched capability in India but is also a live proof of demonstration of the benefits of aluminium over steel in such applications, especially to the former’s light weight, lower maintenance cost, and longer life. The size of the bulker is 30 cubic metres and is 2 tonnes lighter than an MS bulker, with higher benefits.

This aluminium bulker could also be seen as a nascent step by Hindalco to demonstrate the benefits of aluminium as metal to the end consumers. Globally, aluminium finds several applications in automobile sector owing to its unique properties such as light weight, high strength, and resistance to corrosion, but adapting the metal in the India context is a bit slow due to the apprehensions for high upfront costs.

The other apprehension is about maintenance cost of such vehicles and challenges in maintaining/repairing them. The general perception is that aluminium is only meant for high end, expensive and swanky automobiles, especially cars, which is not right. Hindalco is taking concentrated efforts to breaks this belief.

The payback period for the incremental investment of INR 4 lakhs is less than 1.5 years. Aluminium bulker costs around INR 8 lakhs as compared to INR 4 lakhs for MS bulker for this capacity. However, the life cycle benefit translated into extra earnings is over INR 25 lakhs against an investment of INR 8 lakhs. These earnings are in the form of higher tonnage due to lower dead weight, lower maintenance cost and enhanced life due to unique properties of aluminium high strength alloys used in fabrication.


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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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