Runaya Launches Sustainable Products For Steel Sector At ‘Make in Odisha’ Conclave
Bhubaneshwar: Runaya, India’s first sustainability solutions company specifically for the mining sector, launched a new range of products under the brand name RubiQ and RucaL Green designed to enable Green manufacturing for the steel industry at the ongoing ‘Make in Odisha Conclave’ 2022.
These products are certified to consume only around 10% of the carbon consumed by many other products available in the market. BothRubiQ and RucaL Green, are used as Steel Slag conditioners in steel making. The benefits include reduction of process time, improvement in finished goods quality and reduced corrosion of plant equipment.
Chief Operating Officer of Runaya Jagannath Routray, CEO from Vedanta, Jharsuguda Sunil Gupta and Vedanta COO from Jharsuguda Nitin Tiwari briefed the press on the products in MIO 2022 on Friday.
The new range of products, RubiQ and RucaL, will be used in steel slag conditioning and, more specifically, to maintain basicity and achieve desulphurisation, improving alloy recovery. The previous process required procurement, handling, and timely addition of several different products to achieve the desired outcome. These Runaya briquettes primarilay comprise of Alumina, metallic aluminium, and other active aluminium compounds.
RubiQ and RucaL Green have been designed to deliver consistent performance. Runaya has deployed a licensed technology through which the production of input materials is done in-house, ensuring consistent quality.
This process is part of Runaya’s push towards enabling sustainable mining in India and Odisha. The process is zero-waste and zero-discharge. At the current scale, Runaya is preventing 40,000 tons of waste from entering landfills in Odisha. Through innovation and new technology, the target is 250,000 tons within 3 years. To successfully make this product green, Runaya has deployed renewable energy at their facilities in Jharsuguda.
Commenting on the same at the launch event, Annanya Agarwal, Co-founder, Runaya, said, “My heartfelt gratitude to Honourable CM of Odisha and his team, specially IPICOL and the State Pollution Control Board, not only for hosting this fantastic conclave, but also for supporting start-ups like Runaya to be able to operate, grow, and revolutionise the resources sector. Runaya is proud to call Odisha our home, and we will process and recycle more waste each year. Today, we are officially launching our new products, RubiQ and RucaL Green, to enable the steel industry to improve its sustainability performance. This product is designed to deliver productivity to steel makers, but through Green Technology. We are extremely excited to continue to provide solutions for companies looking to make sustainable change.”
Runaya, founded in 2018 by Naivedya Agarwal and Annanya Agarwal, the next generation of entrepreneurs from the Vedanta group, leverages its relationship with global players (for accessing technology), and strong management capabilities, to drive technology-laden growth for the manufacturing sector in India.