Announcement Overview

On September 8, 2026, Raghav Productivity Enhancers Ltd (RPEL), the world’s largest manufacturer of silica ramming mass, disclosed a strategic joint venture with TRL Krosaki Refractories Ltd (TRL Krosaki) to establish a new silica ramming mass manufacturing facility in Odisha. The plant will have an annual capacity of 350,000 metric tonnes (MTPA) and will be funded with an initial capital outlay of approximately ₹100 crore.

Strategic Rationale and Operational Benefits

The partnership combines RPEL’s patented, fully‑automated silica ramming mass technology with TRL Krosaki’s regional strength and ownership of one of India’s largest quartzite mines. Under the JV, RPEL will receive exclusive, long‑term access to quartzite from TRL Krosaki’s mines, ensuring raw‑material security and consistent product quality. In return, RPEL will earn a royalty for the use of its proprietary manufacturing technology. The location in Odisha brings the production site closer to key consumption centres in East India, shortening delivery timelines, improving supply‑chain efficiency and reducing landed costs for customers.

Alignment with RPEL’s Growth Ambitions

RPEL currently operates a group manufacturing capacity of 534,000 MTPA across 26 Indian states and serves customers in over 40 countries. The new plant is a critical step toward the company’s long‑term ambition of achieving 1 million MTPA total capacity and capturing roughly 30 % of the domestic silica ramming mass market. The JV therefore serves both capacity expansion and market‑share objectives.

Economic and Regional Impact

Mr. Prasant Kumar Naik, Managing Director of TRL Krosaki, emphasized that the project will unlock greater value from the company’s mineral resources and generate employment and ancillary business opportunities in Jharsuguda and surrounding regions, contributing to long‑term industrial development.

Corporate Backgrounds

  • Raghav Productivity Enhancers Ltd (RPEL): Listed on BSE (539837) and NSE (RPEL), RPEL is the global leader in silica ramming mass manufacturing, with a fully automated production platform and a strong R&D focus.
  • TRL Krosaki Refractories Ltd (TRL Krosaki): Originally a subsidiary of Tata Steel Ltd, TRL Krosaki is now a subsidiary of Krosaki Harima Corporation (KHC) and a step‑down subsidiary of Nippon Steel Corporation. It produces a wide range of refractory products and operates extensive quartzite mining assets in India.

Executive Comments

Mr. Sanjay Kabra, Chairman of RPEL, described the JV as “an important milestone in our growth journey and transition towards a multi‑location manufacturing platform,” noting that the collaboration brings together differentiated technology, market capabilities and raw‑material resources to create a sustainable growth platform. Mr. Prasant Kumar Naik highlighted the strategic significance for TRL Krosaki in leveraging its mineral assets and expanding its footprint in the silica ramming mass market.

Key Figures

  • Plant Capacity: 350,000 MTPA silica ramming mass
  • Initial Investment: ~₹100 crore
  • RPEL Existing Capacity: 534,000 MTPA
  • Target Capacity: 1 million MTPA
  • Domestic Market Share Goal: ~30 %