Standard Glass Lining Technology Group to establish a new plant at Jinnaram in Hyderabad
Standard Glass Lining Technology, which manufactures vital equipment required for the manufacture of pharmaceuticals and chemicals, is establishing...
Standard Glass Lining Technology, which manufactures vital equipment required for the manufacture of pharmaceuticals and chemicals, is establishing another plant. It is set up at Jinnaram near Hyderabad at the cost of Rs 35 crore. Standard Group MD Kandula Nageshwara Rao told that production would begin in April. It said it would come with a manufacturing capacity of 200 reactors per month. The company already owns two reactors at the casinos. The two units received Rs 35 crore.
The reactors are designed to have a capacity of 63 to 20,000 litres. The company has achieved a turnover of Rs 80 crore in 2018-19. It is targeting Rs 140 crore in the current fiscal.
Standard Glass joins Japanese company Hakko Sangyeo The company will partner with the company to introduce the first conductivity glass lining reactors in the country. The company says there are no electrical accidents with these reactors. These will be on the market from December. They are also made in the new plant, along with the cashews. The reactors with a capacity of 32,000 litres are expected to be built in the Jinnaram unit.
Standard Glass is the top-tier company in the South. Over 400 companies have clients. To date, it has supplied over 4,000 reactors. We have customers in Oman, Turkey and Dubai. It will be shipped to Russia soon.