Business Standard

Angul downstream park likely to house defence grade aluminium unit

The park is modelled on Sohar Aluminium's cluster in Oman where molten aluminium is supplied to the downstream units

Nalco rides on London Metal Exchange gains, sees room for more price hikes

BS Reporter Bhubaneswar
The downstream aluminium park at Angul developed jointly by National Aluminium Company (Nalco) and state owned Odisha Industrial Infrastructure Development Corporation (Idco) may house a facility for defence grade aluminium unit if talks reach fruition.

“We are in negotiations with global aerospace manufacturers to produce a defence grade aluminium unit at the downstream park at Angul. Nalco is offering handsome discounts which will make the products very competitive”, said Nitin Bhanudas Jawale, managing director, Industrial Promotion & Investment Corporation of Odisha Ltd (Ipicol).

Jawale was addressing delegates at a session on 'Opportunities in Downstream Aluminium' at the inaugural day of the International

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First Published: Jan 31 2019 | 3:52 PM IST

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