Tanfac Industries Ltd has approved raising 5 billion rupees through equity share capital, alongside a sub-division of shares. The company will invest around 4.95 billion rupees in a new fluorinated chemical facility with a 20,000 TPA capacity, marking a significant expansion in its specialty chemicals portfolio.
PTC Industries has announced that its unit, Aerolloy Technologies, will produce critical superalloy investment castings for Blue Origin’s BE-4 engines. These engines are central to the first stage of New Glenn, the heavy-lift orbital launch vehicle designed for reusable missions. The order underscores Aerolloy’s expertise in precision engineering and strengthens India’s footprint in the global space sector.
Key highlights from the announcement include
-
Aerolloy Technologies will supply large, high-integrity superalloy investment castings for BE-4 engines.
-
The BE-4 engines are used in the first stage of Blue Origin’s New Glenn launch vehicle.
-
The components are vital for performance, safety, and reusability of the rocket.
-
The order reflects Aerolloy’s advanced capabilities in aerospace-grade manufacturing.
-
This partnership enhances India’s presence in international space technology supply chains.
-
Industry experts note that the deal positions PTC Industries as a trusted supplier for global aerospace leaders.
This development marks a significant milestone for India’s aerospace manufacturing sector. By contributing to Blue Origin’s flagship launch vehicle, Aerolloy Technologies demonstrates its ability to deliver world-class engineering solutions, reinforcing India’s reputation as a hub for advanced technology and innovation.
Sources: InvestyWise, PTC Industries Press Release