Indian manufacturers (Facor) intends to significantly expand its chromium iron production capacity. To this end, it has reached an agreement with Finland Industrial Engineering Corporation Metso to provide necessary equipment. As part of the Bhadrak (Orrisa) production capacity project, Facor plans to build a factory with an annual output of 300,000 tons of chromium iron. The company is expected to be put into use in 2025. In order to achieve this goal, Facor signed a contract with Meizhuo, including the design of the factory and the main equipment for the sintering plant to provide the main equipment of Outotec and the two Outta 75mva ore -melting furnaces using preheating technology. Metal Expert was informed that the transaction value was about 80 million euros ($ 87.3 million).
The Outta Factory provides energy -saving solutions with high metal recovery and carbon efficiency, thereby reducing carbon dioxide and dust emissions. At present, Facor’s goal is to become India’s leading chromium iron producer. The company can produce 81,300 tons of chromium iron each year, and has a 100 MW power plant in Bhadrak (Orisa). The company also owns a mining plant in the Jajpur and Dhenk **** area of Oriza, with an annual output of 250,000 tons of chromium ore.