IFGL Refractories to Open Research Center in Odisha
By Rediff Money Desk, KOLKATA Nov 24, 2023 12:54
IFGL Refractories announces the establishment of a new research center in Kalunga, Odisha, focusing on material innovation and sustainability.
Kolkata, Nov 24 (PTI) City-based refractory maker IFGL Refractories has announced setting up its modern research centre at Kalunga in Odisha.
James McIntosh, managing director, IFGL Refractories, said that the state-of-the-art facility will provide a world-class capability to complete fundamental research along with a metal melting facilities to enable confirmation of material, steel, slag interface reactions.
"At IFGL, we see the creation, tabulation, benchmarking and development of our own material intellectual property to be fundamental to our future growth. This research centre will give emphasis to basic research", he said in a statement on Friday.
He also said that the company's important focus will be to develop processes and products that enable business growth through sustainable material programmes to reduce our impact on the environment.
The flagship company of the S K Bajoria group, IFGL has manufacturing facilities located across Asia, Europe and North America.
At the end of the second quarter of the current fiscal, the company's revenue stood at Rs 460 crore and net profit at Rs 38 crore. PTI dc
James McIntosh, managing director, IFGL Refractories, said that the state-of-the-art facility will provide a world-class capability to complete fundamental research along with a metal melting facilities to enable confirmation of material, steel, slag interface reactions.
"At IFGL, we see the creation, tabulation, benchmarking and development of our own material intellectual property to be fundamental to our future growth. This research centre will give emphasis to basic research", he said in a statement on Friday.
He also said that the company's important focus will be to develop processes and products that enable business growth through sustainable material programmes to reduce our impact on the environment.
The flagship company of the S K Bajoria group, IFGL has manufacturing facilities located across Asia, Europe and North America.
At the end of the second quarter of the current fiscal, the company's revenue stood at Rs 460 crore and net profit at Rs 38 crore. PTI dc
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.47 (+ 2.05)
- 61048233
- Thinkink Picturez
- 0.45 ( 0.00)
- 22664084
- G G Engineering
- 1.22 ( -3.94)
- 18109205
- Srestha Finvest
- 0.69 ( -1.43)
- 12131937
- Hathway Cable & Data
- 14.75 ( -2.12)
- 11583833
MORE NEWS

ESC Launches 'Ignite Tech Startups' Mentoring...
ESC and Marwari Catalysts launch 'Ignite Tech Startups' program, offering funding,...

Rs 2,000 Crore Investment to Boost Bengal...
The foundry industry in West Bengal is set to receive Rs 2,000 crore investment by...

Maruti Suzuki Plans e VITARA Charging Infra for...
Maruti Suzuki is boosting charging infrastructure and after-sales support for its e...