- Reiterates plans to step up investments and expand presence in the European region
- Launches the AB ‘Always Better’ Oil Free Series. Always Reliable. Always Efficient. Always Contamination-Free (Class Zero) Air
- Showcases Air Alert, an IoT-based air compressor monitoring tool for predictive maintenance, failure prevention, and energy optimization.
- Reinforces commitment to reducing compressed air energy costs and CO2 emissions for a greener environment
New Delhi, April 05, 2019: ELGi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading air compressor manufacturers, with 2 million installations across 100 countries, exhibits key innovations in compressed air solutions for various applications at Hannover Messe ComVac, (1st to 5th April 2019). The highlight at the ELGi booth, Hall 26, booth C12, is the brand new AB ‘Always Better’ air compressor series, a breakthrough in oil free compressed air technology. ELGi also showcases Air Alert, an IoT-based, machine-monitoring platform. Also on display are ELGi’s core products such as the EN and EG Series – energy-efficient and highly reliable, lubricated screw air compressors, oil free screw air compressors, direct drive piston compressors, and heat recovery systems.
“Europe is an important market for ELGi with a well-established manufacturing sector. With increasing investments in the region, we are excited about the air compressor market opportunity and we will be investing in expanding our presence. Additionally, high energy prices cause companies to move to energy-efficient compressor ranges, and we are confident our compressors offer customers maximum energy efficiency” says Dr. Jairam Varadaraj, CEO ELGi Equipments.
The global oil-free air compressor market, estimated to be worth USD 3 billion, is expected to grow significantly with increasing environmental and economic considerations. Customers however incur significant ownership costs on account of the current technology’s sensitivity, considerable maintenance requirements and relatively poor reliability. At the AB Series launch, Dr. Jairam Varadaraj emphasizes, “With increasing air pollution concerns and stringent environmental regulations, oil-free air is a top priority. But companies have historically suffered the constraints of high cost, poor reliability, and low efficiency in order to have oil-free air. At ELGi, we questioned this, connected the dots and developed a technology specifically applied to solving an existing need in a new way. The ELGi AB ‘Always Better’ series is a disruption in oil-free compressed air technology, offering customers a no-compromise, oil-free solution at approximately 8 – 10 % reduced lifecycle costs when compared with prevailing oil-free technology. With significantly lower maintenance and ease of use, customers will also be assured of reliable, high air purity for sensitive industry applications.”
Corporate Comm India(CCI Newswire)
