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CUMI mulls options of relocating South African subsidiary plant

The plant has started producing a new product - Z450. It has taken a longer time to find acceptance in market than the management had expected

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Gireesh Babu Chennai
Murugappa Group manufacturing firm Carborundum Universal (CUMI) may look at options, including relocating the plant under its South African subsidiary — Foskor Zirconia — if the business does not turn around by the end of the current quarter. 

The plant produces monoclinic- and calcia-stabilised zirconia, with fumed silica as a by-product. The by- product could be used in various applications, including ceramic colours, abrasives, chemicals and refractory products for the glass and steel industries. 

The plant has started producing a new product — Z450 — a synthetic material for various applications, including high temperature insulation. The product has taken a longer time