FLOKING REVOLUTIONISES WATER PIPES SEGMENT IN INDIA

FLOKING REVOLUTIONISES WATER PIPES SEGMENT IN INDIA

      Becomes the first company to manufacture high-tech and advanced PVC-O pipes in the country
      Brings in technical expertise from Molecor Tech, Spain
      Aiming to achieve a turnover of Rs. 250 crores by 2018

Floking Pipes Pvt. Ltd. today announced the launch of PVC-O (Oriented PVC) pipes. The PVC-O pipes are manufactured at Floking’s state of the art manufacturing facility at SIPCOT in Sriperumbudur near Chennai. Presently the plant has an installed capacity of 3500 Metric Tons with plan to double the capacity to 7000 Metric Tons by the end of this year. Investment in the first phase of operations by Floking is Rs. 90 crores and the company is planning to increase the investment in the upcoming phases.

PVC-O pipes are a perfect replacement for metal pipes with the same strength, higher durability, longer life and various other properties at lesser overall cost. PVC-O are strong pipes that can be used for high pressure transport of any kind of fluid and are built to last for over 50 years and offer a variety of savings and advantages which can improve efficiency of any project.

Speaking on the occasion, Mr. Ankur Khandelwal, Director, Floking Pipes Pvt. Ltd. said, “At Floking, we believe in constant innovation in the segment that we operate in. The launch of PVC-O pipes is in line with this endeavour. These pipes do not contain toxic substances, such as heavy metals in its formulation, which makes PVC-O pipes equal to food grade in quality and completely environmentally friendly. A usefully longer life of more than 50 years ensures fit and forget advantage to every project. All this while guaranteeing pressures of up to 25 bars with levels of cost savings offered by us to everyone across the chain is unheard of in the water industry. We aim to take this innovation in pipes across the length and breadth of the country through our robust distributor network.”
L to R Mr. Nilesh Modi, Director, Floking, Mr. Brij Khandelwal, Director, Floking, Mr. Ankur Khandelwal, Director Floking and Mr. Anand, CEO, Floking with the newly launched PVC-O pipes 

With the spirit of Make In India Floking has become owners of Indian patents for this technology and have entered into a technical collaboration with Molecor Tech, Spain, the global leader on PVC-O pipes. The production process is cost effective, 100% environmentally friendly, produces zero waste and is energy efficient.

“This is the perfect product, made in the most world-class way in a state of the art facility run by well trained people. We have large expansion plans and full working knowledge and competence to scale it efficiently and effectively.” adds Mr. Nilesh Modi, Director, Floking Pipes Pvt. Ltd.

About Floking

Floking Pipes Pvt. Ltd is promoted by the Electro Group of Companies and Modi Group of Companies. Modi Group of Companies is the patent holder and manufacturer of electrical casings and capping for over three decades and has 4 manufacturing sites, 10 office and multiple distributors across the country. Electro Group of Companies has 28 years of experience in the petrochemical industry with various diversified interests in Hospitality and Constructions. Their petrochemical division has 26 associate offices across India.

With a combined experience of nearly 6 decades and equipped with ground breaking technology, developed by Molecor, Floking pipes are all set to revolutionise the PVC-O pipe manufacturing segment in India.

For further information contact:
Ravi Shankar K. / Sakthi Prasanna
MSLGROUP
M: +91 93828 87608 / +91 98842 77251




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