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Company Description:
MCIL (earlier known as Greaves Morganite) started operating in 1986 at Aurangabad, Maharashtra, in collaboration with Morganite Crucibles, U.K., one of the largest manufacturers of Resin Bonded Silicon Carbide Crucibles in the world. The plant at Aurangabad is equipped with the most modern processing facilities and state-of-the-art technology based on environment friendly resin bonding. With international quality standards the plant also has an ISO 9002 certification to its credit. Exports comprise over 60% of sales.
MCIL, which manufactures resin-bonded silicon carbide crucibles and clay graphite crucibles, caters to the non-ferrous metal industry. The name of the company was changed to the present one upon buying Greaves’ stake of 25.5% in FY05-06. Morgnaite Crucibles, UK (MCL, UK) along with its associates Morgan Terrassen BV holds 75% stake in the company. Diamond Crucible Co India located at Mehsana, Gujarat is its 51% subsidiary.
Parent:
The company's collaborator, MCL, UK is engaged in this business since 155 years. MCL, UK is a world leader in advanced materials, focused on specialist ceramics, carbon and composites. It employs around 9,844 people and serves customers in over 100 countries around the world with approximately 90 manufacturing sites around the world, working in ceramic and carbon materials.
Its parent MCL UK’s consolidated revenues were up 7.9% to £1017.1 million compared to £942.6 million in CY 2010. PAT rose 111.5 per cent to £48.0 million compared to £22.7 million in CY2009. During H1CY11, revenues have increased by 11.8% to £560.0 million (2010: £501.1 million). Group underlying PAT increased by 73.7% to £38.9 million (2010: £22.4 million).
Technology:
Crucibles are used as containers for melting and holding molten metal. MCIL has full access to information on the global developments in the areas of Silicon Carbide and Clay Graphite Crucibles through Morgan's global presence.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Company Description:
MCIL (earlier known as Greaves Morganite) started operating in 1986 at Aurangabad, Maharashtra, in collaboration with Morganite Crucibles, U.K., one of the largest manufacturers of Resin Bonded Silicon Carbide Crucibles in the world. The plant at Aurangabad is equipped with the most modern processing facilities and state-of-the-art technology based on environment friendly resin bonding. With international quality standards the plant also has an ISO 9002 certification to its credit. Exports comprise over 60% of sales.
MCIL, which manufactures resin-bonded silicon carbide crucibles and clay graphite crucibles, caters to the non-ferrous metal industry. The name of the company was changed to the present one upon buying Greaves’ stake of 25.5% in FY05-06. Morgnaite Crucibles, UK (MCL, UK) along with its associates Morgan Terrassen BV holds 75% stake in the company. Diamond Crucible Co India located at Mehsana, Gujarat is its 51% subsidiary.
Parent:
The company's collaborator, MCL, UK is engaged in this business since 155 years. MCL, UK is a world leader in advanced materials, focused on specialist ceramics, carbon and composites. It employs around 9,844 people and serves customers in over 100 countries around the world with approximately 90 manufacturing sites around the world, working in ceramic and carbon materials.
Its parent MCL UK’s consolidated revenues were up 7.9% to £1017.1 million compared to £942.6 million in CY 2010. PAT rose 111.5 per cent to £48.0 million compared to £22.7 million in CY2009. During H1CY11, revenues have increased by 11.8% to £560.0 million (2010: £501.1 million). Group underlying PAT increased by 73.7% to £38.9 million (2010: £22.4 million).
Technology:
Crucibles are used as containers for melting and holding molten metal. MCIL has full access to information on the global developments in the areas of Silicon Carbide and Clay Graphite Crucibles through Morgan's global presence.
