Chennai, 13 June 2012: Carborundum Universal Ltd (CUMI), a part of the USD 4.4 billion Murugappa Group, has entered into a Techno-commercial agreement with Sheffield Refractories, UK and with Anderman Ceramics, UK to manufacture, supply and install a range of high end refractory solutions for the Steel industry, Glass industry and for aerospace component manufacture.
These products will be manufactured at CUMI’s plant at Ranipet and also at a new location.
Sheffield Refractories, UK are a leading producer of specialized refractories for Integrated Steel Plants, CFBC Boilers used in Power projects and Cement plants. With the world class manufacturing facilities that have been recently set up at Ranipet, CUMI would be able to leverage this association to offer proven, world class refractory solutions to these industries.
Anderman Ceramics are a leading international distributor of technical ceramic parts and components with operations in UK, USA, and in France. Anderman Ceramics employs a team of specialized technical sales people to support and expand its expertise in design, sourcing, stocking and supplying technical ceramics primarily to the Glass and Aerospace industries worldwide. CUMI would use their expertise to address these markets and industry segments.
CUMI is a fully vertically integrated Abrasives, Electro-minerals, Ceramics, Refractory company with operations in Australia, Canada, China, India, Middle East, Russia, South Africa, Thailand and the US. With these agreements, CUMI would be able to offer its customers a complete basket of proven refractory products for all major industry segments.
About the Murugappa Group
Founded in 1900, the Rs. 22314 Crores (USD 4.4 billion) Murugappa Group is one of India’s leading business conglomerates. The Group has 28 businesses including eight listed Companies actively traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd.
Market leaders in served segments including Abrasives, Auto Components, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Bio-products and Nutraceuticals, the Group has forged strong alliances with leading international companies like Groupe Chimique Tunisien, Foskor, Cargill, Mitsui Sumitomo, Morgan Crucible and Sociedad Química y Minera de Chile (SQM). The Group has a wide geographical presence spanning 13 states in India and 5 continents.
Renowned brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor and Paramfos are from the Murugappa stable. The organization fosters an environment of professionalism and has a workforce of over 32,000 employees.
Caution Notice
The public is hereby cautioned that it has been brought to our notice that certain unscrupulous persons/agencies are issuing fake sanction letters to customers and getting their signatures in fake loan agreements purporting to be a loan sanction letter & loan agreement of Murugappa Group and such persons /agencies are attempting to extort money by demanding security deposit/processing fee/insurance fee from the gullible customers for processing the required loan etc. In the aforesaid documents, those unscrupulous persons/agencies are also using the registered logo and name of Murugappa Group against law with intent to gain wrongfully by using the goodwill and reputation of the Group.
Please be informed that Murugappa Group is not a separate legal entity and never requires any customers to pay any advance money or deposit for loan sanctioning. Public is cautioned not to rely or act on any such fraudulent sanction/offer made in the name of Murugappa Group without verifying the authenticity of the contents.
Customers who are interested in availing loans may directly contact any of the nearest branch of Cholamandalam Investment and Finance Company Limited (Cholamandalam) a constituent of our group for further details or get in touch with us at 1800 200 4565 or alternatively email at customercare@chola.murugappa.com, or SMS at 9500000312.
MURUGAPPA GROUP