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AL CIRCLE

Runaya's new plant in Jharsuguda signals shift towards sustainable industrial practices

EDITED BY : 3MINS READ

On April 15, 2024, Runaya, a sustainable manufacturing and recycling leader, unveiled its state-of-the-art calcium aluminate plant in Jharsuguda. This milestone signifies a significant step forward in Runaya's quest for environmental stewardship and innovation within the sector.

Runaya's new plant in Jharsuguda signals shift towards sustainable industrial practicesAt the heart of Runaya's ethos lies sustainability, as evidenced by its innovative green aluminium recovery plant. With a capacity of 12,000 tonnes per year, this facility is poised to supply premium, eco-friendly products to steel industry clients. By harnessing green raw materials like depleted dross, Runaya pioneers the circular economy concept, thereby reducing its carbon footprint.

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The calcium aluminate facility marks a strategic expansion of Runaya's Green Aluminium portfolio, introducing RuCal Green, an environmentally friendly Calcium Aluminate, into its Steel Slag Conditioner segment. By committing to operate solely on 100 per cent renewable energy sources by FY25, this facility establishes a new standard for sustainability in the industry.

Annanya Agarwal, the CEO & Co-founder of Runaya, said, “At Runaya, innovation and sustainability are ingrained in our DNA. Launching our calcium aluminate plant is a testament to our commitment to pioneering environmentally friendly solutions in the metals industry. This state-of-the-art facility showcases a significant stride in our green recovery initiatives, reinforcing our vision for a greener, more sustainable future. Through cutting-edge technology and eco-conscious practices, we’re not merely building a plant; we’re cultivating a legacy of responsible manufacturing.”

The calcium aluminate plant is equipped with cutting-edge technology, highlighted by its automated electric arc furnace, guaranteeing optimal performance. Spanning over 2.5 acres, this facility has a substantial production capacity of 30,000 tonnes annually, meeting diverse industry demands.

Runaya has experienced remarkable growth, serving clients such as JSPL, Tata Steel, and JSW. The revenue has surged from INR 40 crore in FY21 to INR 650 crore in FY24, showcasing the effectiveness of their impactful initiatives.

Runaya is spearheading the drive towards a more sustainable future through initiatives like zero-waste mining and the development of green materials. Their flagship project, which extracts aluminium from dross, tackles a significant challenge within the industry. With operations grounded in a licensed proprietary patented technology, Runaya stands out for its comprehensive eco-friendly solutions, including recovering minor metals. Their relentless pursuit of innovation is evident in their extensive patent portfolio, demonstrating a firm commitment to technological progress. Positioned as a modern resources company, Runaya bridges critical gaps in the industry by prioritizing emerging mining technologies and catering to the material needs of evolving businesses, all while championing environmental sustainability.

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EDITED BY : 3MINS READ

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