/ Nalco Inaugurates R&D Centre In Bhubaneshwar ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 10 January 2017

To boost its research initiatives, including development of new products and alloys, National Aluminium Company (NALCO) has inaugurated a Research & Technology Centre at Bhubaneswar.

NALCO has already made a ideal position for itself in the field of R&D in the aluminium industry of the country. The new Research and Technology Centre of the company would further increase its efforts to meet the R&D requirements of the future and provide immense competitive benefits.

29 patents have already been registered by NALCO's R&D centre, of which five have been commercialised. To ensure sustainability, the company has taken various R&D initiatives. It has entered into a R&D Co-operation Agreement with Rio Tinto Alcan for development of technology which aims to reduce energy consumption at the smelter by about 5%.

An R&D agreement was also signed with Chalieco, China for separation of iron concentrate from Red Mud. A MoU with Bhabha Atomic Research Centre (BARC), Mumbai will work on R&D projects for gallium recovery from Bayer’s liquor, extraction of rare earths from red mud and other areas of mutual interest. 

The waste utilisation, maximising productivity, reduction of specific consumption and development of new products & alloys are key research areas that will complement the new business plan being put together by the company.
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