JV with Toyota Tsusho Corporation, Japan
The largest producer of aluminum alloys in India, CMRT ties up with a global leader in aluminum alloys, Toyota Tsusho Corporation. The synergistic fusion will redefine paradigms of alloying technologies in India and power engineering industries in India to global excellence.
About CMR Toyotsu Aluminium India Pvt. Ltd.
CMR Toyotsu (CMRT) is a Joint Venture between Century Metal Recycling Limited, India (CMR – 90%) and Toyota Tsusho Corporation, Japan (TTC- 10%).With an annual production capacity of 36,000 MT, CMRT was established in April 2014 in Sriperumbudur, near Chennai.
CMRT is a producer of Aluminium alloys in South India having foreign collaboration with a market share of approximately 15-20% in south India. It is a pioneer in molten metal supply in this part of the country.
The plant, spread over 9 acres, is a state-of-the-art facility for supplying ingot and molten metal. Toyota Tsusho, with its rich experience in the alloy business, further strengthened its technical know-how in alloying. The plant boasts of a pump furnace, twin-shaft shredder, advanced sorting technology and baghouses.
CMR Nikkei India Pvt. Ltd.
CMR Nikkei India Pvt. Ltd. was established in November 2013 with an annual production capacity of 40,000 MT at Bawal , Haryana. This is a joint venture between CMR (74%) & Nikkei MC Aluminium, Japan (26%) the 2nd largest producer of Aluminium Alloys in Japan.
The plant, spread over 5 acres, is a state-of-the-art facility for supplying ingot and molten metal. Nikkei MC Aluminium, with its rich experience in the alloy business, further strengthened our technical know-how in alloying. The plant boasts of first time use of Tilting Rotary Furnace imported from France, over-the-road transfer technology from Japan, sorting technology from China, etc. Baghouse was introduced in this plant for its superior pollution control.
JOINT VENTURE WITH CHIHO ENVIRONMENTAL GROUP LIMITED, CHINA [HONG KONG]
Century Metal Recycling Group has entered into a 50:50 Joint Venture with Chiho Environmental Group Limited (“CEG”) and incorporated a Joint Venture Company, namely CMR-Chiho Recycling Technologies Private Limited on 01st February, 2019.
CEG is China’s largest and one of the largest publically listed global scrap metal recycling companies with extensive operations in the recycling of ferrous and non-ferrous metals scraps, end-of-life vehicles, electronic scraps and the production of secondary aluminum ingots from aluminum scraps, having presence across Asia, Europe and North America consisting of more than 200 processing plants and yard operations.
The business of the JV Company is to engage in the collection, segregation processing, recycling and treatment of all types of secondary metal raw material and towards that end a state-of-art plant will be established at Mahesana, Gujarat, India. The site for the Plant has already been decided and the ground breaking ceremony has been held on 22nd January, 2019 at project site.