Page 82 - Steel Metallurgy eMagazine Volume September 2026

NEWS
D e s k

food processing. Companies including a rapidly expanding new age industrial fastest-growing industrial destinations.
Avaada GreenH2, Ocior Energy, cluster. Out of these industries, Acme, The ongoing and proposed projects
Hygenco, Saatvik Solar Industries, World Avaada GreenH2 and Hygenco have reinforce TSSEZL's robust industrial
Green Energy, Superform Chemistries decided to set up their mega industries ecosystem and reflects growing global
(UPL), SRF Limited, Deepak Mining in the SEZ, while others have opted for investor confidence in Odisha as a
Solutions (Deepak Fertilisers & land parcels in DTA. TSSEZL's long- preferred manufacturing destination. It
Petrochemicals Group), ATC Tires term vision of creating a future-ready is expected to strengthen the industrial
(Yokohama Group), Tata Steel and Tata industrial ecosystem has attracted a value chain, generate significant direct
Consumer Products, among others, have cumulative investment pipeline of over and indirect employment, and support
either established or announced projects ₹65,400 Crores, making Gopalpur India's low-carbon manufacturing
at the Park, transforming Gopalpur into Industrial Park one of eastern India's transition.

FIVES SUPPORTS XINYU’S NEW

ELECTRICAL STEEL FACILITY

the electric vehicle sector, supporting ADVANCED
inyu Iron and Steel, part of the development of more efficient,
Baowu Group, has inaugurated higher-performance electric motors. The TECHNOLOGIES FOR
Xa new electrical steel remaining capacity will supply industrial
production facility, supported by key and power equipment markets. HIGH-GRADE STEEL
process technologies supplied by Fives,
an international engineering group. Fives supported Xinyu by designing, For ACL N4, Fives provided its annealing
supplying, and commissioning key technology, featuring proprietary low-
The new facility will produce annually process equipment for the facility, emission burners, precise furnace
up to 250,000 metric tonnes of non- including the thermal section of atmosphere control, and compact rapid
grain oriented (NGO) electrical steel. Annealing and Coating Line (ACL N4) jet and mist cooling technology. These
A major share of production will serve and cold rolling mills. technologies enable stable, efficient

80 STEEL & METALLURGY SEPTEMBER 2026