Frigel and Matsui Technologies India Limited Announce Joint Venture to form “Frigel India”
Strategic Partnership gives Frigel ability to meet growing demand in India’s manufacturing sector for Intelligent Process Cooling Technologies Frigel and Matsui Technologies India Limited (MTIL) today announced a 50:50 Joint Venture to meet increasing demand for cooling solutions in the fast-growing Plastics, Beverage, and Oil & Gas industries in India. Matsui Technologies India Limited is a joint venture company of Matsui Japan and Samvardhana Motherson Group.
Strategic Partnership gives Frigel ability to meet growing demand in India’s manufacturing sector for Intelligent Process Cooling Technologies
Frigel and Matsui Technologies India Limited (MTIL) today announced a 50:50 Joint Venture to meet increasing demand for cooling solutions in the fast-growing Plastics, Beverage, and Oil & Gas industries in India. Matsui Technologies India Limited is a joint venture company of Matsui Japan and Samvardhana Motherson Group.
The Joint Venture is named Frigel Intelligent Cooling Systems India Private Ltd., and will enable both JV partners to significantly enhance the quality of their current offerings.
“This is an important step for Frigel’s global strategic growth as we look to meet the rapidly growing need among processors in India for more advanced technologies and techniques to process cooling. This, in turn, will allow them to improve their operations and better serve their customers,” said Frigel CEO, Duccio Dorin. “At the same time, we’re excited to further our relationship with Matsui, given their strong presence in India and their reputation as a leader of auxiliary equipment that complements Frigel’s process-cooling technologies.”
Frigel is an internationally recognized process-cooling leader with almost 60 years of proven innovations, having pioneered the concept of Intelligent Process Cooling. MTIL is a manufacturer of high quality auxiliary equipment, such as dryers, dehumidifiers, blenders, granulators, and centralized conveying systems. It has served the India marketplace since 2006.
According to Hironobu Matsui, President & CEO-Matsui Manufacturing Co Ltd, the Joint Venture provides MTIL with increased opportunities to offer complete solutions of material handling and cooling to processors throughout India.
Mr. Vivek Chaand Sehgal, Chairman, Samvardhana Motherson Group said, “Motherson has a stellar record of joint ventures and long term relationships with our partners. We have always endeavoured to bring the best of global technologies to our customers in India and globally. We are excited about our latest partnership with Frigel and look forward to working together to help customers take their operations to the next level of excellence, while in the process save natural resources and help the environment.”
The 50-50 partnership calls for Frigel to manufacture its line of Ecodry 3DK line of fluid coolers and Microgel RCS water-cooled chillers/TCUs in India. Operations will take place at a facility in Noida, Uttar Pradesh, India.
Frigel India will also supply other Frigel advanced and eco-friendly technologies to the Indian marketplace, including Heavygel centralized high-capacity and high-efficiency water chillers units and the Syncronized cooling system for Beverage production.
About Matsui Technologies India Limited
Matsui Technologies India Limited is a leader in plastics auxiliaries’ equipment serving plastics processors in the Indian market since 2006. MTIL is strongly supported by Matsui Japan and its group of global locations with 50 ficilities over 15 countries and backed by more than 100 years of experience. Major products include dryers, dehumidifiers, blenders, granulators, temperature controllers and centralized conveying systems. MTIL’s facilities are located in Greater Noida in India. MTIL caters to the domestic market, SAARC nations, Gulf Countries and Samvardhana Motherson Group’s global locations.
Frigel is a market leader in intelligent process cooling. The Frigel group includes the following companies: Frigel Firenze S.p.A, Frigel Custom Cooling Solutions s.r.l., Frigel Intelligent Energy Solutions s.r.l, Frigel North America Inc., Frigel Asia Pacific Company Ltd, Frigel Latino America Ltda, Frigel GmbH. It also has a worldwide network of agents and distributors.
Frigel manufactures and markets intelligent, integrated, cooling systems made of a variety of parts such as the Ecodry adiabatic liquid cooler, Microgel, Heavygel and Multistage chillers and chiller/temperature control units, as well as a full array of pumping and filtration equipment, all designed and engineered to fit specific applications, such as plastic molding, beverage preparation and filling, oil and gas. Frigel develops and customizes internally all microprocessor and PLC-based controls for all its products and solutions. Its products and technology have been proven at more than 6,000 manufacturing installations worldwide. Customer productivity, efficiency and environmental sustainability are at the forefront of any solution developed by Frigel.
About Samvardhana Motherson Group
Samvardhana Motherson Group is a diversified global group serving the global automotive industry. The Group provides full system solutions right from product design to prototyping, tool manufacturing, moulding and assembly to sequence in line supplies. The Group is ranked the 26th largest auto components supplier globally as per Automotive News.
The Group’s automotive product portfolio comprises electrical distribution systems (wiring harnesses), automotive rearview mirrors, moulded plastic parts and assemblies, injection moulding tools, moulded and extruded rubber components, modules and systems including cockpits /IPs, door trims, bumpers, lighting systems, air intake manifolds, pedal assemblies, HVAC systems, vehicle air conditioning systems, roof hatches, cabins for off-highway vehicles, machined metal products, sheet metal parts, cutting tools, thin film coating metals, IT services, design engineering and CAE services. The Group has also invested in technologies that provide manufacturing support, including compressors, paint coating equipment, auxiliary equipment for injection moulding machines and automotive manufacturing engineering services.
The Group has over 230 manufacturing facilities supported by design centres and support offices spread over 37 countries across North America, South America, Europe, South Africa, Middle East, Asia Pacific and Australia to support its customers across the globe. The Group employs over 110,000 personnel and has 25 collaborators for different products.