Process-cooling equipment manufacturer Frigel (East Dundee, IL) and Matsui Technologies India Ltd. (MTIL) have announced a 50:50 joint venture to meet demand for cooling solutions in the fast-growing plastics, beverage, and oil and gas industries in India. Matsui Technologies India Ltd. is a joint venture of Matsui Japan and Samvardhana Motherson Group. The joint venture is named Frigel Intelligent Cooling Systems India Private Ltd., and will enable both 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 innovator that 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.
The 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 advanced and eco-friendly technologies to the Indian marketplace, including Heavygel centralized high-capacity and high-efficiency water chillers and synchronized cooling system for beverage production.