Apollo Tricoat Commences Commercial Production Of Tricoat Tubes
Apollo Tricoat Tubes Limited, (formerly known as Best Steel Logistics Limited), announced that it has started commercial production of In-Line Galvanizing (ILG) pipes at its manufacturing facility at Malur, Karnataka. The state-of-the-art manufacturing facility will have an installed capacity of 75,000 MTPA. The Tricoat tubes, unique to the Indian markets, are made through the latest Galvant technology. These In-Line Galvanizing (ILG) pipes are eco-friendly and are used as a substitute of PVC electrical Conduit Pipes. The Company is confident that the ILG Pipes Will help create and capture a niche market of high margin coated tubes in India and will further address a huge latent demand in the country, in the longer-term.
Apollo Tricoat has undertaken several initiatives to expand business in newer segments. The focus is noW toWards launching innovative products like Door frames and Hybrid pipes (PVC With ILG coating). Increasing contribution from the newly launched products will not only help address multiple diverse market needs but will also help broaden the product mix.