Parason to taste the pie of 'Waste Water Treatment' Technology market, Investing USD 3 million

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News about Parason Machinery's Product Portfolio expansion, entering into waste water treatment soon.

Parason to taste the pie of 'Waste Water Treatment' Technology market, Investing  USD 3 million

Hyderabad | 30, August 2018 | The Pulp and Paper Times

On account of increasing water pollution, rapid urbanization, and implementation of stringent regulations pertaining to proper treatment and disposal of sewage along with restrictions on discharge of effluent wastewater into water bodies. Demand for wastewater treatment plants in India is surging rapidly. 

The largest manufacturer & Supplier of pulp and paper machinery, Parason Machinery (India) Pvt. Ltd. is all set to enter into Waste water Treatment sector. Talking to The Pulp and Paper Times, Mr. Shekhar Desarda, Managing Director of Parason Group said “Indian Paper Industry is growing 7 to 8% annually and paper mills are expanding their capacities to higher levels to meet the demand.

Environmental norms are becoming stringent by CPCB. One can not release the water untreated. The Effluent Treatment Plant (ETP) market is growing very fast and we are making the collaboration with French and Taiwan manufacturers to work jointly in ETP segment in India.”

According to industry's reports wastewater treatment plants market in India is projected to grow at a CAGR of over 12% during 2016-2021. Refineries garnered the largest share in India wastewater treatment plants market, on the heels of large amount of wastewater generated from the industry and increasing refining capacity of India. In 2015, India had a refining capacity 223.3 MMTPA and this is projected to cross 310 MMTPA by 2017. 

Indian pharmaceutical industry is forecast to grow at a CAGR of 12.89% over 2015–20 to reach USD55 billion by 2020, and this is projected to drive India industrial wastewater treatment plants market. Maharashtra accounted for the largest demand for wastewater treatment plants in India and the state is expected to maintain its dominance through 2021 on the back of large installed capacity for sewage treatment and presence of a number of oil & gas, textile and sugar industries. 

“We are foraying an investment of 3 Million USD in this venture and is expected to start the operation commercially from 2019's beginning. Implementation of Zero Liquid Discharge regulation by the government on sugar, textile, oil & gas, pharmaceuticals, refineries and pulp & paper industries, among others is further anticipated to stimulate growth in India's wastewater treatment plants market” Mr. Desarda informed.

Parason is focussed on Research & Development. Many researches done by Parason shown that latest technology proposed by Parason not only enables Paper Mills to increase its Paper quality but also reduces huge power consumptions of machines which is the key point of Profit for Paper Industry. Parason offered products are widely used by Kraft, Tissue, Writing Printing and Hard Board Paper Mills. Parason also have specialization in Refiner Discs and these are one of best disc available for Paper mills across the globe. Parason manufactures various products which can be used for number of operations in stock preparation.

Parason has worldwide client base and having majority market in Germany, USA, France, Thailand, Italy, Brazil, Spain, Portugal, Philippines, Indonesia, and Bangladesh, Parason serving more than 60 countries across world. Parason has successfully completed many installations for Paper Mills.

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