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The Company signaled its international debut in 750 mm (30”) diameter electrodes by receiving trial orders from two overseas customers. |
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Annual consolidated turnover crossed Rs. 1000 crore for the first time. |
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The expansion module of 20,000 MT of Graphite Electrodes with the state-of-the-art technology was fully commissioned in the fourth quarter of the financial year taking the production capacity of Durgapur Plant in West Bengal from 14000 MT to 34000 MT. |
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The Company has been selected for the second year in succession by Forbes Global as one amongst the ‘World’s 200 BEST UNDER A BILLION’ companies for 2004 outside the United States with annual sales of less than USD 1 billion. |
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In August 2004 the company through its wholly owned foreign subsidiary acquired Graphite Electrode, Graphite specialties and Electrode coating operations in Nuremberg, Germany, of the Conradty Group from the Insolvency Administrator. |
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This acquisition enabled the company to add approximately 18000 MT of Graphite Electrode capacity and to move closer to its European customers to facilitate quicker delivery and improved services. |
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The Company has been recognized as one of the ‘World’s 200 BEST UNDER A BILLION’ companies for 2003 outside the United States with annual sales of less than USD 1 billion by Forbes Global. |
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The company embarked on the development of new specialty products like flexible graphite sheets and tubes. |
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The company achieved an average capacity utilization of nearly 100 per cent in its electrodes division. |
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The company had an export presence in over 50 countries. |
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Bombay Municipal Corporation Project, GRP pipe for Sewerage Out Fall into the Arabian Sea, carrying sewerage water into the deep sea. This project is First of its kind in India and third in the entire world. |
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