COROMANDEL INSTALLS NEW OXYGEN GENERATOR AT RANIPET
Chennai, March 04, 2022: In a bid to boost the country’s efforts in alleviating oxygen shortage at any point of time, Coromandel International Limited (BSE:506395, NSE: COROMANDEL), the country’s second largest Phosphatic fertilizer player and part of Murugappa Group, has installed a new 200 LPM Oxygen Generator at the Government Headquarters Hospital in Ranipet.
Mr. R. Gandhi, Hon’ble Minister for Handlooms & Textiles, Govt. of Tamil Nadu and Mr. D. Baskara Pandian (IAS), District Collector inaugurated and handed over the Oxygen Generator to the District Health Authority Dr. Kannagi (District Joint Director – Medical Services). Mr. Mohammed Gani, Joint Director – Industrial Safety & Health was also present at the event.
Mr. R. Gandhi lauded Coromandel’s efforts towards filling the need gaps in hospitals and other healthcare units. Coromandel has provided 7 oxygen generator plants across different regions in the current financial year to meet the oxygen requirements which arose due to COVID-19 complications.
Speaking on the occasion, Mr. Arun Alagappan, Executive Vice Chairman, Coromandel International Limited said, “When the nation was hit by an unprecedented second wave of COVID-19, the demand for medical equipment and life-saving oxygen saw a major spike. And that’s when most of us started realising the importance of medical oxygen. We stand shoulder to shoulder in this collective endeavour to ensure that no medical treatment suffers on account of oxygen shortage. Coromandel hopes that critical medical aid and care will be provided to the needy patients and that this initiative will help ensure medical oxygen availability in the region.”
Medical oxygen is used to provide a basis for virtually all modern anaesthetic techniques; restore tissue oxygen tension by improving oxygen availability in a wide range of conditions such as COPD, cyanosis, shock, severe haemorrhage, carbon monoxide poisoning, major trauma, cardiac / respiratory arrest; aid resuscitation; provide life support for artificially ventilated patients; and to aid cardiovascular stability.
With this installation at Ranipet’s Government Headquarters Hospital, an additional 50 beds and the Dialysis unit at the new wing of the hospital will be served Oxygen from this generator.
“Coromandel has always put health and safety at the top of the chart and we remain committed to this cause,” adds Alagappan.
Oxygen generators separate oxygen from air so that the gas can be fed into industrial processes in real-time or stored in pressure tanks. Oxygen generators are used in dozens of industrial applications ranging from gold mining to aquaculture to life support. Normal ambient air is made up of 78% nitrogen, 21% oxygen and other trace gases like argon and CO2. In order to remove the nitrogen and trace gases, an oxygen generator is used.
Dr. J. UshaNandhini, DGO, Hospital Superintendent, Govt Headquarters Hospital, Ranipet,
Said, “On behalf of all staffs of government headquarters hospital, Walajapet, Ranipet district, we acknowledge with thanks your firm contribution of 50 lakhs worth PSA Plant with 200LPM capacity. About 20-30 patients will be benefitted round the clock oxygen supply at our 100 bedded IP building, Looking forward with more benefits from your firm through CSR activities to the general public.”
About Coromandel
Coromandel International Limited is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertiliser, Crop Protection, Bio pesticides, Specialty Nutrients and Organic compost businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertiliser in India. The Company’s Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertiliser and secondary & micronutrients segments. The Company is leading marketer of Organic fertiliser in India and has recently added bio pesticide solutions to its portfolio. It also operates a network of around 750 rural retail outlets across Andhra Pradesh, Telangana, Karnataka and Maharashtra. Through these Retail outlets, the Company offers farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company has a strong R&D and Regulatory setup, supporting the businesses in process development and new product introduction. The Company has 16 manufacturing facilities, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.
The Company clocked a turnover of Rs. 14,163 Crores during FY2021. Its efforts towards environment have been well recognized by international organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the INR 417 Billion (41,713 Crores) Murugappa Group.
About Murugappa Group
Founded in 1900, the INR 417 Billion (41,713 Crores) Murugappa Group is one of India’s leading business conglomerates. The Group has 29 businesses including ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd.
The Group holds leadership position in several product lines including Abrasives, Technical Ceramics, Electro Minerals, Auto Components & Systems, Bicycles, Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents.
Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 53,000 employees.
For more details, visit https://www.murugappa.com/
