Nupur to invest in aluminum extruding

New Delhi-based Nupur Recyclers Ltd. (NRL) has announced its intended expansion into aluminum extrusion manufacturing through a subsidiary called Nupur Extrusion.

The company plans to invest an estimated $2.1 million or more to set up a plant to meet the growing demand for recycled materials for the solar energy and construction sectors.

The Nupur Extrusion subsidiary, which NRL has a 60 percent ownership stake in, was established in May 2023. It will focus on manufacturing aluminum extrusions using recycled aluminum scrap.

The announcement comes about one week after the Nupur organization announced an investment to increase its recycled-content nonferrous alloys output at its Frank Metals subsidiary in Bhurja, India.

For its extrusions venture, Nupur has acquired approximately 2 acres of land in Sampla in the Indian state of Haryana.

“Orders for two extrusion press machines from international suppliers have already been placed, with the goal of achieving an [annual] production capacity of 5,000 to 6,000 tons by the 2025-2026 fiscal year,” NRL says.

“This expansion into aluminum extrusion manufacturing helps us diversify into a growing market while maintaining our focus on sustainability," adds Rajesh Gupta, managing director of NRL. "The demand for recycled materials, especially in solar energy and construction, is increasing, and we are well positioned to meet that need.

“This investment will strengthen our market position and support sustainable industrial growth.”

Applications NRL foresees for its recycled-content extrusions include solar energy projects, such as solar panel components, and construction industry applications, including shuttering and scaffolding.

Nupur Recyclers Ltd. is an importer, trader and processor of nonferrous metal scrap, including shredded zinc, zinc die-cast scrap, zurik and zorba grades. The firm says it imports material from the Middle East, Central Europe and the United States.