ELGi redefines the future of compressed air technology at Hannover Messe ComVac 2019

• Reiterates plans to step up investments and expand presencein the European region
• Launches the AB ‘Always Better’ OilFree 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

New Delhi, April 06, 2019: Hannover, Germany and Coimbatore, India, 1^stApril  2019: ELGi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading aircompressor manufacturers, with 2 million installations across 100 countries, exhibits key innovations in compressed air solutions for various applications at Hannover Messe ComVac, (1^st to 5^th April 2019). The highlight at the ELGi booth,Hall 26,booth C12, isthe brand newAB ‘Always Better’ air compressorseries,a breakthrough in oilfree compressed air technology. ELGi also showcasesAirAlert, an IoT-based, machine-monitoring platform. Also on display are ELGi’s core products such as the EN and EG Series –energy-efficient and highly reliable, lubricated screw air compressors, oilfree screw air compressors, direct drive piston compressors, and heat recovery systems.

“Europe is an important market for ELGi with a well-established manufacturing sector. With increasing investmentsin the region, we are excited about the air compressor market opportunity and we will be investing in expanding our presence. Additionally, high energy prices cause companies to move to energy-efficient compressor ranges,and we are confident our compressors offer customers maximum energy efficiency” says Dr. Jairam Varadaraj, CEO ELGi Equipments.

The global oilfree air compressor market, estimated to be worthUSD 3 billion, is expected to grow significantly with increasing environmental and economicconsiderations. Customers however incur significant ownership costs on account of the current technology’s sensitivity, considerable maintenance requirements and relatively poor reliability. At the AB Series launch, Dr. Jairam Varadaraj emphasizes, “With increasing air pollution concerns and stringent environmental regulations, oilfree air is a top priority. But companies have historically suffered the constraints of high cost, poor reliability, and low efficiency in order to have oilfree air. At ELGi, we questioned this, connected the dots and developed a technology specifically applied to solving an existing need in a new way. The ELGi AB ‘Always Better’ series is a disruption in oilfree compressed air technology, offering customers a no-compromise, oilfree solution at approximately 8 – 10% reduced lifecyclecosts when compared with prevailing oilfree technology. With significantly lower maintenance and ease of use, customers will also be assured of reliable, high air purity for sensitive industry applications.”

Corporate Comm India(CCI Newswire)