Hindalco demonstrated a dry bulk carrier used for carrying cement, fly ash, food grains, PTA powder, alumina made from indigenous aluminium and showed the enormous benefits and potential of aluminium at the 7th International Conference on Aluminium and Exhibition (INCAL-2019) held here from January 31 to February 3. It was organized by the Aluminium Association of India (AAI).
The bulker not only depicts Hindalco’s unmatched capability in India but is also a live proof of demonstration of the benefits of aluminium versus steel in such applications, in terms of light weight, lower maintenance cost and longer life. The bulker of 30 cubic meter is 2 tonnes lighter than an MS bulker and the benefits will be higher for larger size.
The payback period for the incremental investment of Rs 4 lakh is less than 1.5 years (Al bulker costs around Rs 8 lakh as compared to Rs 4 lakh for MS bulker for this capacity), after that the life cycle benefit translated into an extra earnings of over Rs 25 lakh for an investment of around Rs 8 lakh. These earnings are in the form of higher tonnage due to lower dead weight, lower maintenance cost and enhanced life due to unique properties of aluminium high strength alloys used in fabrication.