| Brief History |
Vesuvius India Limited is a subsidiary of Vesuvius Group Limited, U.K. and was one of the earliest to be given approval by the Central Government (Secretariat for Industrial Approvals) under the liberalised industrial policy of 1991, and the first green-field project to come up in West Bengal in the then changing economic scenario. The equity shares of the Company are listed on the Bombay and National Stock Exchanges.
The Company was incorporated on September 6, 1991 and commercial production started in its first factory at Kolkata from July 1, 1994.
At present the company has four factories one each at Kolkata, Mehsana and two
at Visakhapatnam and one manufacturing arrangement at Salem. Another factory at
Visakhapatnam will be set up soon. The Kolkata factory manufactures Continuous
Casting Refractories including slide gate equipments and porous plugs, the
Visakhapatnam factories manufacture monolithics , pre-cast shapes and taphole
clay and the Mehsana factory manufactures crucibles for non-ferrous industry.
The manufacturing arrangement at Salem supplies basic monolithics for tundish
application.
Vesuvius Group Limited, U.K, is the holding company presently holding 55.56%
shares of Vesuvius India Limited. The ultimate holding company is Cookson Group
plc, UK whose shares are traded on London Stock Exchange. In 1986, Cookson Group
plc, U.K acquired the entire controlling interest of the Vesuvius Group and made
it their third division namely Ceramics Division.
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| Foreign Collaboration |
The factory at Kolkata, which is highly automated, has been set up for manufacture of Continuous Casting Refractories with
the latest technology imported from the foreign collaborators, Vesuvius Crucible Company, USA. By virtue of its controlling
share in the Company, the Vesuvius Group is committed to impart latest technology to the Company.
Latest technology is also provided to the Monolithics factories at Visakhapatnam and to the crucible manufacturing factory at Mehsana by the Vesuvius Group.
The factory at Mehsana manufactures crucibles, nozzles etc with technology received from Becker & Piscantor now known as Vesuvius, Germany.
Vesuvius Crucible Company, USA, since 1916, has pioneered the application of specialty refractory ceramic materials to hold, shield and control molten metals. It has maintained its leadership through research, design and development of products which meet the demands of new technologies. The Vesuvius Research Centers at Pittsburg, USA and Feignes, France are fully equipped laboratory and product testing complexes.
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| Expansions |
| July 1994 |
Kolkata factory started commercial production of VISO products |
| March 1998 |
Kolkata factory started to manufacture Slide Gate Refractories and machine parts. |
| February 1999 |
Technical information and Know-how relating to Blast Furnace Caston and SVP range of refractory products purchased from KSR International India Limited along with a remote gunning machine and other assets. |
| July 2000 |
Acquired Monolithics Plant at Visakhapatnam from Carborundum Universal Limited. |
| May 2002 |
Purchased the Tundish Lining Business of Foseco India Limited along with allied assets and the Licence to manufacture the products in perpetuity |
| September 2002 |
Commenced manufacture of Porous plugs and inner nozzles from Kolkata Plant |
| March 2003 |
Acquired the crucibles manufacturing unit at Mehsana, Gujarat. The technology has been sourced from Vesuvius, Germany.
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| November 2005 |
Foundation stone laid by Shri Buddhadeb Bhattacharya, the then Chief Minister of West Bengal, for the expansion project for doubling of existing capacity at Kolkata Plant. |
| January 2006 |
Doubled the capacity to manufacture crucibles at Mehsana factory |
| December 2006 |
Doubled the capacity to manufacture monolithics at Visakhapatnam factory. |
| December 2007 |
New factory at Visakhapatnam to manufacture taphole clay and precast shapes commenced operations. |
| March 2012 |
15 acres of freehold land obtained in Visakhapatnam for proposed third monolithics plant. |
| April 2012 |
Doubled the capacity to manufacture shaped refractory at Kolkata factory. |
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