Calderys has completed its acquisition of Hysil’s calcium silicate insulation division in India. The deal was signed in January 2020 but delayed to July 2020 due to coronavirus-related lockdowns.
Calcium silicate boards are used for thermal insulation in industries such as cement, metallurgy, oil refinery, petro-chemical and power plants.
The main constituents of HYSIL calcium silicate is xonotlite and reinforced glass fibre, no asbestos. It is a kind of highly efficient energy-saving material with temperature limited between 800°C and 1100°C.
Characterised by low bulk density, high specific strength, superior heat resistance, outstanding thermal insulation, excellent durability, chemical corrosion resistance, easy to be cut by saw and easy installation, calcium silicate can be widely used for the insulation of industrial kiln.
Calderys says it has now the largest manufacturing capacity of calcium silicate boards in India and South East Asia. The purchase will enable it to expand its product portfolio and offer calcium silicate insulation products along with refractories solutions.