CCIL CPLP

completed

Continental Carbon India Limited (‘CCIL’) is a leading carbon black manufacturer in India. CCIL’s manufacturing facility is located in Ghaziabad, Uttar Pradesh, India and the Company sells its carbon black to tire and non tire companies across the country. The Company also operates a 15MW waste heat recovery power plant and sells the power to the national grid. To become more competitive, the Company has embarked on several cost reduction initiatives to improve its operational and financial performance. The proposed Project is one of these many initiatives.This Project consists of four (4) individual sub-projects including the installation and commissioning of new reactors, air blowing and drying systems. These sub-projects will reduce costs and increase productivity of both the carbon black and the power production. They include the installation of: i) a highly energy efficient air blower that will reduce the oil consumption and provide a spare for existing Hard Black side process air blower, avoiding production loss; ii) an improved carcass reactor that will reduce electrical and thermal energy consumption during the conversion process; and iii) two smoke drying systems that will reduce the need for waste gas from the dryer now used to dry wet carbon black pellets, gas which will then be used for steam and power generation. Total expected annual cost savings is $2.2 million.