India's leading manufacturer of Metal Composite Panels, Aludecor, has signed a Memorandum of Understanding with Nedzink- the world’s leading manufacturer of rolled Zinc materials- to bring high-class rolled Zinc products to India. With this collaboration, Aludecor believes to generate higher revenues at Rs.1100 Cr within 3 years. Read SURFACES REPORTER (SR)’s complete report below:
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Nedzink’s partnership with Aludecor is a milestone in India's building material sector. Nedzink for the past 130 years has been providing Zinc in buildings for façades and roofings across the globe, and this sustainable metal has enormous potential in India's underserved but growing market. Aludecor, which has been offering unique façade products for over 20 years, is enhancing its sphere of influence and adopting innovative sustainable solutions. So far, zinc has not been much used in Indian construction.
Zinc: A Sustainable Solution
Zinc, which is considered a “Life-Saving Commodity” by the United Nations, is actually prized for its several ecological properties. It is a highly reliable building material offering a lifespan of between 75 and 100 years, after which it is 100% recyclable. Over 80% of the zinc available for recycling is currently recycled. Zinc's self-healing properties, which aren't found in other metals, make it a popular choice for roofing and cladding.
Nedzinc will supply zinc rolled coils to Aludecor for the manufacturing of panels which will be used for applications in façade cladding, roofing, and other innovative applications. Along with architectural enhancement, Zinc panels are said to be more eco-friendly and sustainable. The other vital properties including high durability, corrosion resistance, maintenance-free, chemical compatibility, and ease of availability add to its other advantages as a building material. Further, it comes in a variety of color shades which makes them stand out in look as well.
A Step Towards Healthier and Greener Future
Aludecor CMD Ashok Kumar Bhaiya recognizes the positive future for zinc rolled products and zinc composite panels in the Indian construction market. Various researches prove that Zinc as a metal is more durable, 100% recyclable, long-lasting, maintenance-free, low greenhouse gas releasing, self-healing, and consumes less energy compared to other metals from mining to production. The benefits of Zinc for society are immense.
India has ranked third in the world for LEED-certified green buildings (representing nearly 2.8 million gross area square meters (GSM) of space) in 2021 in the US Green Building Council (USGBC) annual list. This product is going to add a lot of value to India’s growing prowess of green-certified buildings, says
The total market size of Metal facades in India as of date is approximately Rs 4000 crores and is set to increase to over Rs 5,000 crores in the next two years. Out of this, zinc metal façade products, currently contribute less than one percent which is expected to grow to 5% in the next 2-3 years thus, becoming a 250 crores market. “Aludecor is targeting Rs. 1100 Crores revenue turnover by 2025 from the addition of new products to its portfolio and export business”, says CMD, Ashok Kumar Bhaiya.
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Erwin Smeets, Group Business Development Director, NedZink says “India is a key market for us and we will be focusing aggressively with Aludecor to popularize the product here. With NedZink’s advanced technology and expertise in producing high-quality titanium Zinc sheets sustainably produced in our plants, Indian consumers are going to experience a product which is long-lasting and sustainable.”.
Aludecor CMD informed that the firm is planning to set up another factory before the year-end at Haridwar to increase its total coating capacity to 22,000 metric tons. The creation of a green future includes the use of sustainable materials.
Thus, in the larger picture, this association will strengthen PM Narendra Modi’s vision and India’s commitment to protecting the environment. Dr. P R Swarup, Director General, Construction Industry Development Council (CIDC) notes that along with creating sustainable construction materials, it is also required that we should have skilled installers to offer complete satisfaction to the patrons.
About ALUDECOR and NEDZINK
NEDZINK and ALUDECOR are two of the leading manufacturers of roofing and cladding materials globally and in India, respectively.
Aludecor, India's leading manufacturer of Metal Composite Panels, has been a trendsetter in bringing and creating unique product offerings for the past 20-plus years. Aludecor has remained a premium ACP sheet manufacturer in India, synonymous with trust and reliability. The Company’s end-to-end Metal Composite Panel Manufacturing portfolio is powered by a 500+ strong retail network. A presence in more than 250 cities and world-class Manufacturing Units spread across 37500 square meters in Haridwar empowers Aludecor to keep on introducing breakthrough products that have been creating benchmarks in the market for the past 20+ years.
For over 130 years, NedZink has been producing the highest quality zinc products for use in both large and small-scale projects around the world. This places NedZink among the world's top four zinc producers. For the India region, Aludecor will be NedZink's exclusive sales partner. Indian customers will find immense value in this partnership for a variety of reasons as Zinc is one of the most recognized sustainable materials and essential for modern life.
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