Porvair Filtration Group has entered into a long-term agreement with India-based Mascot Dynamics Pvt Ltd in order to deliver char filtration equipment and services to Reliance Industries’ refinery in Jamnagar.
Although financial details of the deal were not disclosed, it is understood that Mascot will become Porvair’s subsidiary with the latter securing the majority share of the joint venture (JV).
Porvair has already developed an automated machine that applies a number of dedicated cleaning stages to char filter assemblies at the refinery, which is the largest in India, but under this new JV both corporations are discussing a range of improvements to be implemented to Reliance’s equipment and processes within its existing gasification system.
The new agreement is expected to solidify the companies’ offering as well as develop new filtration business opportunities in the South Asian country by rolling out Porvair’s products, which are manufactured in the UK and US, to the Indian market.
Tom Liddell, Porvair’s Managing Director, said of the new partnership, “It reinforces and extends our commitment to delivering industry-leading gasification solutions in Asia, allowing us to embark on a more ambitious growth strategy as we look to expand into multiple regions.”
“We firmly believe that it’s the start of an exciting new chapter in the expansion of our Indian business interests as we continue to look for opportunities for further growth.”
Porvair develops and supplies high-performance, innovative materials and solutions for filtration and separation applications. Via a two-stage separation plant, the UK-based company provides both mass reduction cyclones with high-efficiency filtration.