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Tata Steel starts despatch of Tata Tiscrome from its Gopalpur Plant

Gopalpur, June 19, 2018

Tata Steel has started despatch of Ferro Chrome branded as Tata Tiscrome from its ferro chrome plant located in Gopalpur Industrial Park in Ganjam district of Odisha on June 18, 2018.

The recently commissioned first green field ferro-chrome plant of Tata Steel achieved a major milestone with the first ever despatch of ferro chrome from the plant getting flagged off by Mr. Chanakya Chaudhary, Vice President, Raw Materials, Tata Steel and Mr Arun Misra Vice President, Project Gopalpur, Tata Steel and MD, TSSEZ. Present on the occasion were Mr. M C Thomas, EIC, FAMD, Mr. R R Satpathy GM (Operations), FAMD, Mr T V S Shenoy, Chief of Marketing & Sales, FAMD, Mr Sushanta Mishra, VP, TSSEZ and other officials of Tata Steel.

The first despatches were made to Tata Steel’s distributors in North and West India namely M/s Lauls Limited and M/s Rohit & Co. To mark this special occasion, both the distributors extended support of Rs 5 lakh each to “Daughters of Charity Mary Villa Home”, an old age home in Ganjam district.

As part of the anchor investment in Tata Steel’s Gopalpur Industrial Park, the Ferro-chrome plant has an installed capacity of 55,000 tonnes per annum (TPA). It is a unique environment-friendly plant with state-of-the-art pollution control equipment and technology such as the ETP (Effluent Treatment Plant) and STP (Sewage Treatment Plant). It has 100% water harvesting facility that caters to most of the water needs of the plant. It has an indigenously built semi-closed hybrid furnace, which is first of its kind in India and components procured from all over the world to maintain high standards of quality and safety. Also, it is the first plant in India to use briquetting method of Chrome ore fines agglomeration with ore proportionating facility. It has Factory Stuffing Yard inside the plant premises which has concept to directly dispatch to customers through containers QA Checked, weighed, sealed & customs clearance at site.

Besides the plant at Gopalpur, Tata Steel has three other Ferro-alloys plants in Odisha, a 65,000 TPA plant at Bamnipal in Keonjhar district, 55,000 ferro Manganese plant in Joda and one at Athagarh in Cuttack district of 55,000 TPA capacity under the management of its 100% subsidiary T S Alloys.

About Tata Steel
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27 million tonnes per annum (MTPA) as on March 31, 2018. It is the one of world's most geographically-diversified steel producers, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.