ISGEC Heavy Engineering Ltd (/ˈɪzdʒɛk/IZ-jek;[3] formerly known as Indian Sugar and General Engineering Corporation) is an Indian heavy engineering company. Established in 1933 as Saraswati Sugar Syndicate, the company held a revenue of ₹5,477 crore (US$690 million) in 2021 with exports of approximately 91 countries.[4] It was ranked 252 in the ET 2021[5] listing,[6] and 253 in the Fortune India 500 Listings.[7][8][9][10]
Process equipment, EPC projects, boilers, sugar plants and machinery, mechanical and hydraulic presses, steel and iron castings, air pollution control equipment and contract manufacturing
ISGEC originated from Saraswati Sugar Mills established in 1933, with a sugarcane crushing capacity of 400 tonnes per day. It has grown into one of India's largest sugar mills and now crushes 13,000 tonnes per day. It is today a subsidiary company. At the time of the nation's independence, the need for an Indian capital goods industry was recognized and ISGEC was established in 1946. The initial activity was the manufacture of spares for sugar mills. In the course of its history, the company diversified into a range of engineering products. In 1964, it established a joint venture with John Thompson of the UK to form ISGEC John Thompson. In 1981, it acquired majority shares in Uttar Pradesh Steels. Both units were subsequently absorbed into the parent company. In 2011, the company name was changed from Saraswati Industrial Syndicate Ltd. to ISGEC Heavy Engineering Ltd. with all businesses consolidated and now marketed under a common brand name – ISGEC.[1][13]
In 2018, the company acquired 100% stake in Eagle Press & Equipment Co. Ltd., a Press manufacturing company in Windsor (Ontario) Canada.[14]
Operationsedit
Isgec has its manufacturing operations across Yamunanagar, Dahej, Bawal and Muzaffarnagar, with offices in Noida, Pune, Chennai, Mumbai and Kolkata in India. Spread over 100 hectares (250 acres), the company's manufacturing facilities have a shop floor area of over 55,000 square meters (66,400 square yards) with manufacturing and testing facilities.[15]
Exportedit
Isgec products have been supplied to companies across 91 countries, many of whom have placed repeat orders to them.[16] These include:
Amec Foster Wheeler North America Corp, U.S. (now with Wood Group, UK) for Circulating Fluidized Bed Combustion (CFBC) Boilers up to 99.9 Mwe, Oil and Gas, Shop Assembled Water Tube Packaged Boilers up to 260 tonnes per hour, Pulverized Coal Fired Sub-Critical Boilers and Super-Critical Boilers (60 to 1000 Mwe), Feed Water Heaters and Surface Condensers and Reheat Design of CFBC Boilers up to 100 MW
AP&T, Sweden for Press Hardening Lines used for forming of High Strength Steel Automobile Body Parts[17]
Babcock Power Environmental Inc, U.S. for SOx reduction process by use of Wet Flue Gas Desulfurization (FGD) Units
BHI FW Corporation, South Korea for Pulverized Coal Fired Sub-Critical Boilers and Super-Critical Boilers (60 to 1000 Mwe)
CB&I Technology Inc., U.S. for Helix Heat Exchangers
Envirotherm GmbH, Germany for reduction of Particulate Matter emissions by use of Electrostatic Precipitators performance improvement technologies (especially Flue Gas Conditioning) and NOx reduction processes by use of Urea or Ammonia (SNCR)
Fuel Tech Inc., U.S. for reduction of Particulate Matter emissions by use of Electrostatic Precipitators performance improvement technologies (especially Flue Gas Conditioning) and NOx reduction processes by use of Urea or Ammonia (SNCR)
Siemens Heat Transfer Technology b.v., Netherlands for Heat Recovery Steam Generators
Sumitomo SHI FW Energia Oy, Finland for Circulating Fluidized Bed Combustion (CFBC) Boilers up to 99.9 Mwe, Oil and Gas, Shop Assembled Water Tube Packaged Boilers up to 260 tonnes per hour, and Semi Dry Flue Gas Desulphurisation (FGD) Systems (Circulating Dry Scrubber Technology) for Unit sizes of 50 MWe and above
Thermal Engineering International (TEi), U.S. for Screw Plug (Breech Lock) Heat Exchangers and Waste Heat Recovery through Process Waste Heat Boilers, Sulphur Condensers and Solar Thermal Heat Exchangers
Isgec Heavy Engineering Limited, India and Hitachi Zosen Corporation, Japan have a joint venture – Isgec Hitachi Zosen Ltd. – for manufacturing specialized and critical process equipment. The new company has a shareholding pattern of 51% (Isgec) to 49% (Hitachi Zosen Corp.).[23]
A Joint Venture Company along with Amec Foster Wheeler North America Corp., U.S.A has been incorporated in the name of "Isgec Foster Wheeler Boilers" with a paid up capital of Rupees Two crore only.[24]
Isgec and TITAN Metal Fabricators create joint venture manufacturing operation.[25]
Isgec Heavy Engineering has formed a joint venture with Italy-based Redecam Group SpA.[26]
Referencesedit
^ ab"ISGEC Heavy Engineering Ltd / Heavy Engineering in India / Largest Vessel Manufacturer in India". www.isgec.com.
^"ISGEC / Heavy Engineering / Heavy Engineering Equipment Manufacturers". www.isgec.com.
^"Isgec Presses Film - English Version | Hydraulic Press | Mechanical Press | Servo Press". YouTube. 8 August 2019. Retrieved 4 September 2023.
^"ISGEC Heavy Eng Share Price". www.moneycontrol.com. Retrieved 25 February 2021.
^"ISGEC Heavy Engineering Ltd". Business Standard India. Retrieved 25 February 2021.
^"ISGEC Heavy Engineering > Location Details > Sugar > Location Details of ISGEC Heavy Engineering – BSE: , NSE". www.moneycontrol.com. Retrieved 25 February 2021.
^"ISGEC Heavy Engineering > Company History > Sugar > Company History of ISGEC Heavy Engineering – BSE: , NSE". www.moneycontrol.com. Retrieved 25 February 2021.
^Market, Capital (19 September 2018). "ISGEC Heavy Engineering acquires Eagle Press and Equipment Co., Canada and its group companies". Business Standard India – via Business Standard.
^"ISGEC / Heavy Engineering / Heavy Engineering Equipment Manufacturers". www.isgec.com.
^"ISGEC bags significant order for soda ash project from Russia". Dalal Street Investment Journal. Retrieved 11 October 2021.
^. www.indiainfoline.com. Archived from the original on 11 October 2021. Retrieved 11 October 2021.
isgec, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, seconda. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources ISGEC news newspapers books scholar JSTOR April 2012 Learn how and when to remove this template message This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view May 2020 Learn how and when to remove this template message This article may need to be rewritten to comply with Wikipedia s quality standards You can help The talk page may contain suggestions May 2020 Learn how and when to remove this template message ISGEC Heavy Engineering Ltd ˈ ɪ z dʒ ɛ k IZ jek 3 formerly known as Indian Sugar and General Engineering Corporation is an Indian heavy engineering company Established in 1933 as Saraswati Sugar Syndicate the company held a revenue of 5 477 crore US 690 million in 2021 with exports of approximately 91 countries 4 It was ranked 252 in the ET 2021 5 listing 6 and 253 in the Fortune India 500 Listings 7 8 9 10 ISGEC Heavy Engineering Ltd Company typePublicTraded asBSE 533033NSE ISGECIndustryHeavy equipmentFounded1933 1 HeadquartersNoida IndiaKey peopleAditya Puri Managing Director 2 ProductsProcess equipment EPC projects boilers sugar plants and machinery mechanical and hydraulic presses steel and iron castings air pollution control equipment and contract manufacturingRevenue 5 477 crore US 690 million Number of employees4000ParentIsgec Heavy Engineering Ltd Websitewww wbr isgec wbr comThe company deals with process equipment EPC projects industrial boilers sugar plants distilleries mechanical and hydraulic presses steel and iron castings air pollution control equipment and contract manufacturing 11 The company has its manufacturing plants and design offices spread across India in Haryana Uttar Pradesh Gujarat Tamil Nadu and Maharashtra 12 Contents 1 History 2 Operations 3 Export 4 Strategic partnerships 5 Quality safety and environment 6 Joint ventures 7 ReferencesHistory editISGEC originated from Saraswati Sugar Mills established in 1933 with a sugarcane crushing capacity of 400 tonnes per day It has grown into one of India s largest sugar mills and now crushes 13 000 tonnes per day It is today a subsidiary company At the time of the nation s independence the need for an Indian capital goods industry was recognized and ISGEC was established in 1946 The initial activity was the manufacture of spares for sugar mills In the course of its history the company diversified into a range of engineering products In 1964 it established a joint venture with John Thompson of the UK to form ISGEC John Thompson In 1981 it acquired majority shares in Uttar Pradesh Steels Both units were subsequently absorbed into the parent company In 2011 the company name was changed from Saraswati Industrial Syndicate Ltd to ISGEC Heavy Engineering Ltd with all businesses consolidated and now marketed under a common brand name ISGEC 1 13 In 2018 the company acquired 100 stake in Eagle Press amp Equipment Co Ltd a Press manufacturing company in Windsor Ontario Canada 14 Operations editIsgec has its manufacturing operations across Yamunanagar Dahej Bawal and Muzaffarnagar with offices in Noida Pune Chennai Mumbai and Kolkata in India Spread over 100 hectares 250 acres the company s manufacturing facilities have a shop floor area of over 55 000 square meters 66 400 square yards with manufacturing and testing facilities 15 Export editIsgec products have been supplied to companies across 91 countries many of whom have placed repeat orders to them 16 These include ABB Group Switzerland Siemens Germany Foster Wheeler China Sumitomo Japan Foster Wheeler U S Valeo France GE Hydro Canada Virginia Tech U S LuK Germany Wesfarmers Group AustraliaStrategic partnerships editAmec Foster Wheeler North America Corp U S now with Wood Group UK for Circulating Fluidized Bed Combustion CFBC Boilers up to 99 9 Mwe Oil and Gas Shop Assembled Water Tube Packaged Boilers up to 260 tonnes per hour Pulverized Coal Fired Sub Critical Boilers and Super Critical Boilers 60 to 1000 Mwe Feed Water Heaters and Surface Condensers and Reheat Design of CFBC Boilers up to 100 MW AP amp T Sweden for Press Hardening Lines used for forming of High Strength Steel Automobile Body Parts 17 Babcock Power Environmental Inc U S for SOx reduction process by use of Wet Flue Gas Desulfurization FGD Units BHI FW Corporation South Korea for Pulverized Coal Fired Sub Critical Boilers and Super Critical Boilers 60 to 1000 Mwe CB amp I Technology Inc U S for Helix Heat Exchangers Envirotherm GmbH Germany for reduction of Particulate Matter emissions by use of Electrostatic Precipitators performance improvement technologies especially Flue Gas Conditioning and NOx reduction processes by use of Urea or Ammonia SNCR Fuel Tech Inc U S for reduction of Particulate Matter emissions by use of Electrostatic Precipitators performance improvement technologies especially Flue Gas Conditioning and NOx reduction processes by use of Urea or Ammonia SNCR Siemens Heat Transfer Technology b v Netherlands for Heat Recovery Steam Generators Sumitomo SHI FW Energia Oy Finland for Circulating Fluidized Bed Combustion CFBC Boilers up to 99 9 Mwe Oil and Gas Shop Assembled Water Tube Packaged Boilers up to 260 tonnes per hour and Semi Dry Flue Gas Desulphurisation FGD Systems Circulating Dry Scrubber Technology for Unit sizes of 50 MWe and above Thermal Engineering International TEi U S for Screw Plug Breech Lock Heat Exchangers and Waste Heat Recovery through Process Waste Heat Boilers Sulphur Condensers and Solar Thermal Heat Exchangerssource 18 19 Quality safety and environment editOver a period of eight decades Isgec has been accredited by various standards organisations 20 ISO 9001 2008 Approval by Lloyd s Register of Quality Assurance 21 22 Joint ventures editIsgec Heavy Engineering Limited India and Hitachi Zosen Corporation Japan have a joint venture Isgec Hitachi Zosen Ltd for manufacturing specialized and critical process equipment The new company has a shareholding pattern of 51 Isgec to 49 Hitachi Zosen Corp 23 A Joint Venture Company along with Amec Foster Wheeler North America Corp U S A has been incorporated in the name of Isgec Foster Wheeler Boilers with a paid up capital of Rupees Two crore only 24 Isgec and TITAN Metal Fabricators create joint venture manufacturing operation 25 Isgec Heavy Engineering has formed a joint venture with Italy based Redecam Group SpA 26 References edit a b ISGEC Heavy Engineering Ltd Heavy Engineering in India Largest Vessel Manufacturer in India www isgec com ISGEC Heavy Engineering Heavy Engineering Equipment Manufacturers www isgec com Isgec Presses Film English Version Hydraulic Press Mechanical Press Servo Press YouTube 8 August 2019 Retrieved 4 September 2023 ISGEC Heavy Eng Share Price www moneycontrol com Retrieved 25 February 2021 ET ISGEC Heavy Engineering Share Price NSE BSE Live Stock Price and Company Profile The Economic Times Retrieved 13 May 2016 ISGEC Heavy Engineering Fortune 500 List 2020 Fortune India www fortuneindia com Retrieved 25 February 2021 ISGEC Heavy Engineering Fortune 500 List 2017 Fortune India www fortuneindia com ISGEC Heavy Engineering Ltd The Times Of India Business Standard Link PDF ISGEC Heavy Engineering Ltd Business Standard India Retrieved 25 February 2021 ISGEC Heavy Engineering gt Location Details gt Sugar gt Location Details of ISGEC Heavy Engineering BSE NSE www moneycontrol com Retrieved 25 February 2021 ISGEC Heavy Engineering gt Company History gt Sugar gt Company History of ISGEC Heavy Engineering BSE NSE www moneycontrol com Retrieved 25 February 2021 Market Capital 19 September 2018 ISGEC Heavy Engineering acquires Eagle Press and Equipment Co Canada and its group companies Business Standard India via Business Standard ISGEC Heavy Engineering Heavy Engineering Equipment Manufacturers www isgec com ISGEC bags significant order for soda ash project from Russia Dalal Street Investment Journal Retrieved 11 October 2021 ISGEC Heavy Engineering signs techology agreement with Sweden s AP amp T www indiainfoline com Archived from the original on 11 October 2021 Retrieved 11 October 2021 Heavy Engineering Ltd Isgec Annual Report 2021 PDF ISGEC ISGEC Titanium Heat Exchangers Strategic Partnerships CFBC Boilers Process Equipment Boiler Makers in India www isgec com Certification list ISGEC Retrieved 10 July 2011 Web Release PDF Retrieved 10 July 2011 India infoline Press release IIF Retrieved 10 July 2011 Isgec Hitachi form joint venture The Hindu 9 April 2012 Isgec Amec Foster Wheeler for joint venture Business Standard 6 April 2015 Isgec TITAN form joint venture Business Standard 26 June 2015 Isgec Redecam form joint venture Hindu Business Line 2 February 2017 Retrieved from https en wikipedia org w index php title ISGEC amp oldid 1197557409, wikipedia, wiki, book, books, library,
