Page 11 - Bullion World Volume 4 Issue 11 November 2024
P. 11

Silver IconS of India

           A Diverse Product Portfolio

           Ravindra Heraeus Pvt Ltd boasts an extensive and
           diverse product portfolio that serves a wide range
           of industries. From catalyst gauzes and platinum
           laboratory equipment to tools for glassmaking,
           the company’s products are integral to some of
           the most demanding industrial applications. These
           include pharmaceuticals, automotive, chemical, and
           fertilizer industries, where precision and reliability are
           crucial.


           One of the company’s most ground-breaking
           products is its catalyst gauzes, which are essential
           for the production of nitric acid and ammonium
           nitrate, key components in the fertilizer industry.
           These gauzes are also critical in ordnance
           factories, where they play a role in the production of
           ammunition. During the India-China conflict in the
           1960s, these catalysts were vital to India’s defense
           efforts, highlighting the importance of Ravindra
           Heraeus' contributions to national security.

           The company also offers platinum group metal
           solutions, emission catalysts, and a range of salts
           used in chemical processes. Additionally, Ravindra
           Heraeus produces exquisite jewelry, showcasing
           its versatility and expertise in both industrial and
           decorative applications of precious metals.

           The Acquisition of Arora Matthey
           and Expansion to Vizag                                By keeping precious metals within the

           In recent years, Ravindra Heraeus has continued       economic cycle, Ravindra Heraeus is helping
           to expand its operations, both geographically and     its clients reduce costs while contributing to a
           in terms of product offerings. One of the company’s   more sustainable future.
           most significant moves came with the acquisition
           of Arora Matthey in Vizag, India. This facility       Reflecting on the acquisition, Mr Shailesh
           specializes in the production of precious metal       Choksi expressed his excitement, noting, "We
           catalysts for the chemicals and pharmaceuticals       are committed to building on Arora Matthey’s
           industries, and the acquisition represents a strategic   long-standing relationships with its customers
           expansion for Ravindra Heraeus. With over 70          and providing them with leading catalyst and
           dedicated employees, the Vizag site allows the        recycling solutions. The acquisition allows us
           company to better serve its customers in South India,   to expand our operations and align closer to
           particularly in the pharmaceutical sector, which is   our customers in the pharmaceutical sector."
           concentrated in that region.
                                                                 The company has also made significant
           The acquisition is in line with Ravindra Heraeus’     investments at its Udaipur facility to enhance
           mission to provide innovative, sustainable solutions   its pyrometallurgical and wet chemical
           to its clients. The Vizag facility focuses on the     recycling capacities, further cementing its
           production of heterogeneous catalysts containing      position as a leader in precious metal recycling
           platinum group metals and also offers recycling       in India.
           services for spent catalysts.




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