:Carborundum Universal

{{Short description|Indian materials science company}}

{{Promotional|date=March 2025}}

{{Use dmy dates|date=February 2018}}

{{Infobox company

|name = Carborundum Universal Limited (CUMI)

|logo = Logo-cumi.JPG

|type = Public

|traded_as = {{ubl|{{NSE|CARBORUNIV}}|{{BSE|513375}}}}

|foundation = 1954

|industry = Engineering

|location = Chennai, Tamil Nadu, India

| revenue = {{up}} {{INRConvert|4731|c}} (FY23)

| net_income = {{up}} {{INRConvert|413|c}} (FY23){{cite news |title=Carborundum Universal Ltd Q4FY23 consolidated net profit up at Rs. 137.12 crores |url=https://www.equitybulls.com/category.php?id=331242 |access-date=21 March 2024 |work=EquityBulls |date=8 May 2023}}

|key_people = M. M. Murugappan

|parent = Murugappa Group

|products = Abrasives, electro minerals, industrial ceramics, super refractories;

|subsid =

|homepage = {{URL|http://www.cumi-murugappa.com/}}

}}

Carborundum Universal Ltd (CUMI) is an Indian company which manufactures and develops abrasives, ceramics, refractories, aluminium oxide grains, machine tools, polymers, adhesives and electro minerals in India.{{cite book | last = LastName | first = FirstName | title = India business yearbook, 2009 | publisher = Vikas Pub. House Distributors, UBS Publishers' Distributors | location = Noida, UP New Delhi | year = 2009 | isbn = 9788125930860 }} Pg. No: 171 It is a part of the Murugappa Group.

The company has subsidiaries in India, Russia, South Africa, Australia, China, Thailand and Canada.

History

File:Cumi(1954).jpg

CUMI was established as a result of diversification from banking business through cycle manufacturing with the intent to manufacture abrasive materials. CUMI's parent company, the Murugappa Group, made a tie up with the Carborundum, UK, a subsidiary of American abrasive manufacturer, Carborundum, USA and the Universal Grinding Co. Ltd., UK in 1950. The result was the Carborundum Universal of Madras. Then it was renamed and incorporated in 1954 as Carborundum Universal Ltd (CUMI).{{cite book | last = Kazmi | first = Azhar | title = Strategic management and business policy | publisher = Tata McGraw Hill Education | location = New Delhi | year = 2008 | isbn = 9780070263628 }}Pg. No: 214

=Establishments=

Initially CUMI was founded to manufacture the core products for the collaborating companies. Later the company established its first bonded abrasive plant at Chennai with the facility acquired from Ajax Products and began its manufacturing in the abrasives platform. With the intention of producing technical ceramics for high temperature insulation products CUMI has made joint venture with Morgan Crucible Plc. UK resulted in the establishment of Murugappa Morgan Thermal Ceramics Ltd in 1982.{{cite web|url=http://www.murugappamorgan.com/|title= Murugappa Morgan}}

The company has laid a strong foundation in engineered ceramics through number of joint ventures. In 1991 Wendt (India) Ltd, a joint ventured company of Wendt GmbH, Germany and The House of Khataus, was merged with the CUMI.{{cite web|url=http://articles.economictimes.indiatimes.com/2012-03-09/news/31139854_1_winterthur-technologies-carborundum-universal-murugappa|archive-url=https://web.archive.org/web/20160305021538/http://articles.economictimes.indiatimes.com/2012-03-09/news/31139854_1_winterthur-technologies-carborundum-universal-murugappa|url-status=dead|archive-date=5 March 2016|title=Murugappa group-3M battle over Wendt India enters new phase|publisher=The Economic Times-Bennett, Coleman & Co. Ltd.|date= 9 March 2012}} CUMI's first industrial ceramics division was established in Hosur, Tamil Nadu as a technical partnership with Coors Ceramics, USA in 1991.{{cite book | last = Rao | first = B. V. S. | title = Ceramic powders for high-tech applications | publisher = Universities Press distributor Sangam | location = Hyderabad London | year = 1995 | isbn = 0863115608| page= 104 }} Later it was expanded with the unique Metallized Cylinders Plant.

As a part of expanding their presence, in 2005 the company started CUMI Middle East FZE in Ras Al Khaimah. In order to strengthen their global presence CUMI bought Abrasive Enterprises Inc., Canada, for $2.24 Million by 2006.{{cite web|url=http://www.cbc.ca/news/canada/prince-edward-island/abrasive-enterprises-sold-1.570668 |title= Abrasive Enterprises sold |publisher= CBC/Radio-Canada|date= 2 March 2006 }} After a year CUMI established CUMI International Ltd in Cyprus.

=Acquisitions=

Within a decade, after the withdrawal of the collaborators, CUMI acquired Ajax Products Pvt Ltd. CUMI stepped up its investment in abrasive industries by acquiring the Eastern Abrasives Ltd., Kolkata in 1978. In 1997, Cutfast Abrasive Tools Ltd., Eastern Abrasives Ltd., Cutfast Polymers Ltd. and Carborundum Universal Investment merged with Carborundum Universal Ltd.{{cite web|url=http://expressindia.indianexpress.com/fe/daily/19971217/35155103.html|title=Cutfast Abrasives merges with CUMI|publisher=The Indian Express|date=17 December 1997|access-date=1 April 2015|archive-url=https://web.archive.org/web/20160305051750/http://expressindia.indianexpress.com/fe/daily/19971217/35155103.html|archive-date=5 March 2016|url-status=dead}} Within a year of acquisition of Sterling Abrasives Ltd. and SEDCO in 2003, CUMI acquired CUMI Australia Pty Ltd. In 2007 the company took over the Chinese firm, Sanhe Yanjiao Jingri Diamond Industrial Company Ltd., and the Russian Volzhsky Abrasive Works.{{cite web|url=http://articles.economictimes.indiatimes.com/2013-07-19/news/40681613_1_vellayan-dabur-ceo-sunil-duggal|archive-url=https://web.archive.org/web/20130722212602/http://articles.economictimes.indiatimes.com/2013-07-19/news/40681613_1_vellayan-dabur-ceo-sunil-duggal|url-status=dead|archive-date=22 July 2013|title=The Economic Times |publisher=Bennett, Coleman & Co. Ltd.|date=19 July 2013}} Further acquisitions followed in 2008, including Foskor Zirconia Ltd., South Africa which became a subsidiary of CUMI.{{cite book | last = Survey | first = Geological | title = Minerals Yearbook 2008 Metals and Minerals | publisher = Government Printing Office | location = US | year = 2011 | isbn = 9781411330153 }} Pg.No: 85-3

=Diversification=

Besides manufacturing, marketing and distribution, CUMI is also involved in diversified works like mining, power generation and TOT agreements with various organizations.

CUMI acquired Bauxite mines at Bhatia and Okha in Gujarat, a Silicon Carbide plant in Koratty, Kerala and a brown Aluminium Oxide grains plant at Edapally, Kerala. CUMI established a 12MW hydroelectric power plant at Maniyar, Kerala in 1994.{{cite book | last = Honningsvåg | first = Bjørn | title = Hydropower in the new millennium : proceedings of the 4th International Conference on Hydropower Development, Hydropower '01, Bergen, Norway, 20-22 June 2001 | publisher = A.A. Balkema | location = Lisse, Netherlands Exton (PA | year = 2001 | isbn = 9789058091956 }}Pg. no: 223 and a 5.5MW Wind mill at Nallur.

CUMI made a technology transfer with Answer Technology Inc., USA for advanced monolithics and a technical collaboration with National Institute for Interdisciplinary Science and Technology of India, Bhabha Atomic Research Centre of India and Pennsylvania State University of USA for the development of advanced ceramic technology.

CUMI Direct

CUMI Direct is an online e-commerce platform that was started in 2005 and sells:

  • Warehouse Equipment - Pallet Trucks, Stackers, Table Lifts, Movable Dock Ramps, Stationary Dock Levelers, Tail Lifts, Fork Lifts, Plastic Pallets, Caster Wheels
  • Material Handling Equipment - Shopping Trolleys, Hand Carts
  • Power Tools - CUMI Power Tools, METABO Power Tools
  • Industrial Ceramics
  • Electro Minerals
  • Abrasives - Thin Wheels, Rolls, Grinding Wheels, Non Woven Wheels, Coated Abrasives, Porous Tiles, Super Abrasives, Resonoid and Rubber, Vitrified Ranges
  • Metal Working Fluids - Cleaner, Forming Fluids, Neat Oils, Rust Preventives, Water Solubles
  • Strapping Tools - Tensioners, Sealers
  • Super Refractories products - Fired Refractories, Monolithic Products

Most of the products are granted CE and GS certificates.

Major divisions

Product applications and materials

File:Products IC.JPG

Different divisions create products with a range of applications, such as material removal, rough surface polishing and fine finishing by the Abrasives division; wear-resistant and heat-resistant liners and metallized ceramics by the Ceramics division; heat-resistant containment products from the Super Refractories division; and raw materials for abrasives and refractories by the Electrominerals division.

Joint ventures

  • Wendt (India) Limited
  • Murugappa Morgan Thermal Ceramics Ltd.
  • Ciria India Limited

Subsidiaries

  • CUMI Abrasives and Ceramics China Limited (CACCL)
  • CUMI America Inc.
  • CUMI Australia Pty. Ltd. (CAPL)
  • CUMI Canada Inc.
  • CUMI International Limited, Cyprus
  • CUMI Middle East FZE
  • Cellaris Refractories India Limited
  • Foskor Zirconia Pty Ltd-South Africa
  • Net Access India Limited{{cite web|url=http://www.netaccess-india.com/au_overview.html|title= NetAccess(India)}}
  • Southern Energy Development Corporation Limited (SEDCO)
  • Sterling Abrasives Limited-Ahmedabad
  • Pluss Advanced Technologies{{cite web|url=https://www.indiainfoline.com/article/news-top-story/carborundum-universal-completes-acquisition-of-pluss-advanced-technologies-stock-rises-121100800463_1.html|title= PLUSS Advanced Technologies}}
  • Volzhsky Abrasive Works-Russia{{cite web|url=http://www.vabz.ru/en/about/|title= Volzhky Abrasive Work}}

See also

References

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