ELGi Redefines the Future of Compressed Air Technology at ComVac Hannover Messe 2019
01 Apr 2019
Reiterates plans to step up investments and expand footprint 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
Coimbatore, India, April 1st, 2019 : Elgi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading air-compressor manufacturers, with 2 million installations across 100 countries, exhibited key innovations in compressed air solutions for varied requirements at ComVac, Hannover Messe from the 1st to the 5th of April 2019. The central launch at the ELGi stand Hall 26, C-12, was the AB ‘Always Better’ air compressor series, a breakthrough in oil free compressed air technology. ELGi also showcased Air-Alert, an IoT based machine monitoring platform. Also on display were 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 and increasing investment in the region, we’re excited about the air compressor market opportunity and we will be investing in expanding our presence there. Additionally, high energy prices are causing companies to move to energy efficient compressor ranges and we’re confident our compressors offer customers maximum energy efficiency" said Dr. Jairam Varadaraj, Managing Director, ELGi Equipments.
The global oil free air compressor market, estimated to be USD 3 billion is expected to grow significantly with increasing environmental and cost considerations. Customers however incur significant ownership costs on account of the current technology’s sensitivity, considerable maintenance requirements and relatively poor reliability.
Speaking at the AB Series launch, Dr. Jairam Varadaraj, Managing Director, ELGi Equipments said “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 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’
ELGi, is a pioneer in cutting edge compressed air technology with a presence across over a 100 countries, offering a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-free reciprocating compressors and centrifugal compressors to dryers, filters and downstream accessories. With state of the art manufacturing units and a product portfolio of 400+ compressed air systems, ELGi redefines reliability, efficiency and cost-effectiveness across 2+ million installations all over the world.
About ELGi
Elgi Equipments Limited is a global air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems. ELGi has consistently worked towards ensuring that its customers achieve their productivity goals while keeping the cost of ownership low. ELGi offers a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-free reciprocating compressors and centrifugal compressors, to dryers, filters and downstream accessories. The company’s portfolio of over 400 products has found wide application across industries. For further information on the organisation and its products, please visit https://www.elgi.com/vn
