Evion Group says India plant construction going gangbusters
Melbourne, Victoria
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August 14, 2023 02:35 PM Eastern Daylight Time
Evion Group NL (ASX:EVG) MD Tom Revy tells Proactive the company is making significant progress in the development of the Panthera expandable graphite joint venture (JV) project in Kurkumbh, India, ensuring it is on track for first production next quarter. Engineers and construction personnel are on site, working on civil works and pre-fabricating 4,000 square metres of buildings.
The installation of production equipment is set to conclude over the next three months. Prior to the construction commencement, a decision was made to amplify the main processing facility structure to accommodate a doubling of production in the short term.
''The PGT management and construction team is doing a wonderful job in fast-tracking development of our production site at Kurkumbh, near Pune, India,” Revy said.
“Extensive infrastructure is now in place and we expect the main manufacturing building will be completed soon with equipment to be installed and commissioned shortly after.
“This will pave the way for the start of production and cash flow in the coming quarter, enabling us to capitalise on the strong global demand for expandable graphite.”
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