New Delhi, 7 Feb 2024 — Sintex, a Welspun World company signed a definitive agreement with leading European supplier Rollepaal under which Rollepaal will supply its state-of-art high quality PVCO pipes manufacturing lines exclusively to Sintex in India. With the signing of this agreement, Sintex is set to write a new chapter in PVCO pipes manufacturing in India with the already well established cutting-edge technology for PVCO products.
The agreement to this effect was signed between Mr. Ashish Prasad, CEO, Sintex, and Mr Henk Hoven, CEO, Rollepaal in presence of Mr. BK Goenka, Chairman of Welspun World.
Rollepaal, renowned for its expertise and high quality standards in machine manufacturing will provide Sintex with RBlue extrusion lines for PVCO Pipes. Rollepaal’s patented RBlue extrusion lines are designed to enhance efficiency and productivity in manufacturing highest quality PVCO Pipes for potable water applications while minimizing production costs in line with world class standards. Rollepaal has affirmed its ownership of the requisite technology and technical know-how, positioning Sintex to deliver top-tier products to its consumers.
Commenting on the deal, Mr. Ashish Prasad, CEO of Sintex said “Sintex has been synonymous with providing water solutions for 50 years and has been at the forefront of innovations in this segment with many industry-firsts’ breakthrough technologies. The securing of cutting-edge PVC-O technology through our exclusive partnership with Rollepaal marks the next significant leap for our company.” He further added, “This deal is significant step towards our commitment to enhance India’s ability as a country to build water infrastructure faster and in a resource efficient manner.”
Mr. Henk Hoven, CEO of Rollepaal said, “Rollepaal is happy to partner with Sintex in their PVC-O journey. We proudly support them in achieving their vision. This agreement underscores our long term presence and commitment to the Indian market.”
Indian government’s focus on providing tap water supply through schemes like Har Ghar Jal Yojana & Jal Jeevan Mission is leading to an increased demand for plastic pipes owing to their excellent resistance to corrosion, ensuring long-term safety of water supply system. According to industry estimates, the PVC pipes industry in India is poised to grow at CAGR of 14.18% by 2029. Sintex aims to play a key role in this growth by infusing technological advances to upend the standards in building segment in India, beginning with PVC-O pipes.
Welspun World, a US$ 3 billion diversified conglomerate with a strong presence in textiles, steel, line pipes, and flooring solutions, acquired Sintex, a leading manufacturer of water storage tanks and other plastic products through its flagship company Welspun Corp Limited.
