Nalco records excellent production, sales rise
April 3rd, 2011 - 7:03 pm ICT by IANSBhubaneswar, April 3 (IANS) State-run National Aluminium Company Limited (Nalco) recorded excellent production and sales results during 2010-11, the company said Sunday.
While the company has achieved highest-ever cast metal production of 443,597 tonnes against the previous best of 431,488 tonnes achieved in 2009-10, sales of its metal was up to 438,952 tonnes in 2010-11 against the previous year’s 435,979 tonnes, Nalco said in a statement.
The increasing demands and improvement in company’s share in the domestic market is the reason behind the highest ever metal sale, the statement said.
Besides, Nalco’s alumina refinery has achieved 98.8 percent capacity utilisation by producing 15.56 lakh tonnes of alumina hydrate, while its bauxite mines produced 48.24 lakh tonnes with a capacity utilisation of 100.5 percent.
Nalco’s captive power plant at Angul also recorded the highest-ever net power generation of 6,608 million units, against the previous best of 6,293 million units achieved in 2009-10, the statement said.
The company also recorded the highest-ever domestic metal sale of 340,752 tonnes in 2010-11, surpassing the previous highest of 289,032 tonnes in the previous fiscal.
Nalco achieved a record sale of 20,022 tonnes of rolled products in the domestic market in 2010-11 against the previous best of 14,419 tonnes in 2009-10.
This year the company added aluminium T-Ingots to its product range, which is first of its kind in Indian aluminium industry.
Similarly, the company resumed its billet exports in 2009-10 after a gap of a decade and in 2010-11 it exported 4614 tonnes of billets.
More production and sale of rolled products and billets have increased the proportion of value added products in Nalco’s operations.
Nalco has also widened its international customer base by adding new overseas clients during the year.
- NALCO hikes aluminium prices by Rs.3,000 per tonne - Apr 25, 2011
- NALCO's aluminium production up by 19.4 per cent - Apr 03, 2010
- NALCO Q4 profit up 371 percent at Rs.391 crore - May 15, 2010
- NALCO metal production up by 6.8 per cent - Oct 06, 2010
- NALCO bags top export Capexil award - Oct 03, 2011
- NALCO profit up at Rs.224 crore in Q2 - Oct 30, 2010
- Nalco Q3 profit up 65 percent - Jan 31, 2011
- NALCO's Q1 net profit up 32 percent - Aug 13, 2011
- NALCO marks 501st alumina shipment from Vizag port - Oct 28, 2010
- NALCO pays Rs.187 crore advance income tax - Dec 17, 2010
- National Aluminium on a major diversification drive: Chairman - Jul 28, 2011
- NALCO hikes aluminium prices - Jun 01, 2011
- Nalco to set up subsidiaries - Jul 08, 2011
- NALCO raises aluminium prices by Rs.2000 per tonne - Mar 03, 2010
- NALCO's Q3 net profit down 80 percent - Feb 07, 2012
Tags: alumina refinery, aluminium industry, billet, billets, capacity utilisation, captive power plant, decade, gap, hydrate, indian aluminium, ingots, international customer base, nalco, national aluminium company, overseas clients, power generation, previous year, proportion, tonnes, value added products