As an update on the progress of our ongoing R&D project focused on
Anhydrous Carbon Pellets or ACP, we would like to inform that this
initiative is strategically aimed at meeting the long-term demand for RPC,
essential for manufacturing the ever-increasing demand for CPC from our
valued Aluminium Smelters.
We have received promising feedback from couple of North American
Aluminium Smelters, which has fueled our determination to enhance the
competitiveness of manufacturing ACP. Our efforts are concentrated on
optimizing the conversion cost while utilizing marginal grade RPC for ACP
production, which is essentially high dense raw material. Notably, the
utilization of ACP will not only bolster cost-efficiency but also contribute to
a significant reduction in CO2 emissions, aligning with the sustainability
goals of our Aluminium Smelters.
Moreover, our exploration extends beyond mere substitution. We are
actively investigating diverse applications for ACP and are diligently
pursuing patent protection to safeguard our intellectual property rights.
Once the operations of the ACP Plant in the USA are stabilized, we will
seamlessly transition to advancing the ACP Project in India.
It is important to emphasize that while ACP does not directly contribute to
incremental revenues, its adoption as a substitute for RPC or in CPC
manufacturing processes for use by the Aluminium Smelters underscores
its strategic importance. ACP represents a tangible opportunity for our
partners to not only optimize costs but also demonstrate a commitment to
environmental stewardship. ACP is a transformative journey shaping a
future that is both economically viable and environmentally sustainable.
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