NSEPress Release7 Sept 2026 · 7 Sept 2026, 10:59 am
Press Release
Raghav Productivity Enhancers Limited · RPEL
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Raghav Productivity Enhancers Ltd. has announced a strategic joint venture with TRL Krosaki Refractories Ltd. to establish a 350,000 MTPA silica ramming mass manufacturing facility in Odisha with an initial investment of ₹100 crore.
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Raghav Productivity Enhancers Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Press Release regarding Joint venture of the Company".
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Date: 07-09-2026
The BSE Limited T h e L i s t i n g D e partment
Phiroze Jeejeebhoy Towers T h e N a t i o nal Stock Exchange of India Ltd.
Dalal Street, Exchange Plaza, C-1, Block-G, Bandra-Kurla
MUMBAI- 400 001 Complex, Bandra (East), Mumbai- 400051
Scrip Code: 539837 Company Code: RPEL
Sub: Press Release
Dear Sir/Ma’am
Please find enclosed Press Release issued by the Company regarding Joint venture
with TRL Krosaki.
Kindly take the above and oblige.
Yours Faithfully
For Raghav Productivity Enhancers Limited
Neha Rathi
(Company Secretary)
M.No.: A38807
Encl.: as above
Raghav Productivity Enhancers Ltd and TRL Krosaki announce strategic JV to set
up a 350,000 MTPA silica ramming mass plant in Odisha
₹100 crore initial investment to strengthen RPEL’s manufacturing footprint in East India and support its
long-term 1 Mn MTPA capacity ambition
National/Jaipur, September 07, 2026: Raghav Productivity Enhancers Ltd. (RPEL), world’s largest
manufacturer of silica ramming mass, announced a strategic joint venture with TRL Krosaki Refractories
Ltd. (TRL Krosaki) to establish a 350,000 metric tonnes per annum (MTPA) silica ramming mass
manufacturing facility in Odisha, with an initial investment of approximately ₹100 crore.
The partnership marks a significant step in RPEL’s strategy to build a multi-location manufacturing
platform, strengthen its presence in East India and create a more efficient supply network closer to key
consumption centers.
The JV brings together RPEL’s patented manufacturing technology, established market presence and R&D
capabilities with TRL Krosaki’s regional strength, quartzite resources in Odisha and global refractory
expertise, backed by Krosaki Harima Corporation, Japan, and Nippon Steel Corporation, Japan. With
RPEL’s existing group capacity of 534,000 MTPA and presence across 26 states in India and 40+ countries,
the partnership provides a strong foundation for expanding its manufacturing and market footprint.
Commenting on the partnership, Mr. Sanjay Kabra, Chairman, Raghav Productivity Enhancers Ltd., said,
“This strategic partnership marks an important milestone in RPEL’s growth journey and our transition
towards a multi-location manufacturing platform. By combining our differentiated technology and market
capabilities with TRLK’s raw material resources, regional presence and global industry expertise, we are
creating a strong platform for sustainable growth. This partnership also takes us closer to our ambition of
reaching 1 Mn MTPA capacity and 30% domestic market share, while reinforcing our focus on quality and
cost leadership.”
A key strategic advantage of the JV will be long-term, exclusive access to quartzite from TRL Krosaki’s
mines, ensuring raw material security and consistent product quality. RPEL will receive a royalty for usage
of its patented manufacturing technology. The strategic location will also bring the company closer to key
consumption centers in East India, enabling shorter delivery timelines, greater supply-chain efficiency and
lower landed costs for customers.
Speaking on the occasion, Mr. Prasant Kumar Naik, Managing Director, TRL Krosaki Refractories Limited,
said, “This joint venture marks an important strategic milestone for TRL Krosaki, enabling us to unlock
greater value from our mineral resources and create new avenues for growth. Our partnership with RPEL
brings together complementary strengths in technology, manufacturing and raw-material access,
strengthening our position in the silica ramming mass market. The project will also support industrial
development in Jharsuguda and the surrounding region by creating employment, supporting local
enterprises and contributing to long-term economic growth.”
The Odisha facility will strengthen RPEL’s manufacturing and supply-chain capabilities while creating a
platform for deeper penetration into East India. More importantly, the JV establishes a strategic building
block for RPEL’s broader ambition to scale its manufacturing footprint to 1 Mn MTPA and strengthen its
leadership in the silica ramming mass industry.
About Raghav Productivity Enhancers Ltd:
Raghav Productivity Enhancers Ltd. (RPEL) is the world’s largest manufacturer of silica ramming mass and a globally
recognized brand in the industry. With a group manufacturing capacity of 534,000 MTPA, the company serves
customers across 26 states in India and 40+ countries globally. RPEL has pioneered fully automated silica ramming
mass manufacturing using proprietary and patented technology and has established capabilities in product
innovation and R&D. RPEL is listed on BSE: 539837 and NSE: RPEL.
Learn more at www.rammingmass.com
About TRL Krosaki Refractories Ltd:
TRL Krosaki Refractories Ltd. (TRLK) is a leading Indian refractory manufacturer, producing all kinds of refractory
products. Originally started as a subsidiary of Tata Steel Ltd. In 1958, TRLK today is a subsidiary of Krosaki Harima
Corporation (KHC), Japan, and a step-down subsidiary of Nippon Steel Corporation. TRLK operates one of the largest
quartzite mines in India. KHC is a global leader in refractory manufacturing technology, managing a global network
of 20+ manufacturing units across Asia, Europe and North America. Nippon Steel Corporation is the 3rd largest steel
producer globally.
Learn more at www.trlkrosaki.com
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such forward-
looking statements are subject to certain risks and uncertainties like government actions, local, political or economic
developments, technological risks, and many other factors that could cause actual results to differ materially from
those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible
for any action taken based on such statements and undertakes no obligation to publicly update these forward-
looking statements to reflect subsequent events or circumstances.
For further information, please contact
Abhijot Magotra | Concept Public Relations
abhijot@conceptpr.com | +91 99309 80667