A Welspun Global Company, Sintex, acquires PVCO pipe technology and forms an exclusive alliance with Rollepaal, a top European firm.
Leading European supplier Rollepaal and Sintex, a Welspun World subsidiary, inked a formal agreement wherein Rollepaal will exclusively provide Sintex in India with its cutting-edge, premium PVCO pipe manufacturing lines. By entering into this arrangement, Sintex will use its well-established, cutting-edge technology for PVCO products to usher in a new era in the manufacturing of PVCO pipes in India.
In the presence of BK Goenka, Chairman of Welspun World, the CEOs of Sintex and Rollepaal, Ashish Prasad and Henk Hoven, signed the agreement to this effect.
RBlue extrusion lines for PVCO pipes will be supplied to Sintex by Rollepaal, a company well-known for its proficiency and exacting standards in the machine manufacturing industry. The RBlue extrusion lines, which are patented by Rollepaal, are engineered to maximise production efficiency and productivity in the production of premium PVCO pipes for potable water applications, all the while minimising production costs in compliance with international standards. Rollepaal has confirmed that it possesses the necessary technology and technical know-how, setting Sintex up to provide its customers with high-quality products.
Commenting on the deal, Ashish Prasad, CEO of Sintex, says, “Sintex has been synonymous with providing water solutions for 50 years and has been at the forefront of innovations in this segment with many industry-first breakthrough technologies. The securing of cutting-edge PVC-O technology through our exclusive partnership with Rollepaal marks the next significant leap for our company.” He further added, “This deal is a significant step towards our commitment to enhance India’s ability as a country to build water infrastructure faster and in a resource-efficient manner.”
Henk Hoven, CEO of Rollepaal, says, “Rollepaal is happy to partner with Sintex in their PVC-O journey. We proudly support them in achieving their vision. This agreement underscores our long-term presence and commitment to the Indian market.”
Plastic pipes are becoming more and more in demand as a result of the Indian government’s emphasis on supplying tap water through programmes like the Jal Jeevan Mission and the Har Ghar Jal Yojana. This is because plastic pipes are highly resistant to corrosion and guarantee the long-term safety of water supply systems. Industry projections indicate that by 2029, India’s PVC pipe market is expected to expand at a compound annual growth rate (CAGR) of 14.18 percent. With PVC-O pipes as a starting point, Sintex hopes to revolutionise the building industry in India by bringing in cutting-edge technology.
Through its flagship firm Welspun Corp Limited, Welspun World, a US$3 billion diversified conglomerate with a significant presence in steel, flooring solutions, textiles, and line pipes, purchased Sintex, a prominent manufacturer of water storage tanks and other plastic products.
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