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Corporate profile - Thermax

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Clearly, afundamental mindsetchange in the wayof doing businessand manufacturing iscalled for. Neededis a new way, thatwill marry the needsand aspirationsof industrialdevelopment witha sustainableeco-system2cheap power from the grid hasbecome a thing of the past.Clearly, a fundamental mindsetchange in the way of doingbusiness and manufacturing iscalled for. Needed is a new way,that will marry the needs andaspirations of industrialdevelopment with a sustainableeco-system. Is there such a way?We at <strong>Thermax</strong> believe thatthereisawayanditliesinfirstdemolishing the environmentversus economy equation. Webelieve that Environment and theeconomy's prime mover, Energy,can be considered two sides ofthe same coin. By integrating themanagement of both theseaspects, companies can becomegreen and competitive.As an Eco-Energy company,<strong>Thermax</strong> has demonstrated thevalidity of this approach in scoresof installations, for a wide rangeofindustries,inIndiaandmanyother parts of the world.In most cases, the key hasbeen enhanced resource productivity.By reducing the wastefuland harmful flow of resources,<strong>Thermax</strong> has helped companiesstretch natural resources verymuch further than they did previously.Another approach has beento eliminate the concept of wasteitself, wherever feasible. A closedloopsystem pioneered in India by<strong>Thermax</strong> eliminates effluentdischarge and recycles almost allthewaterused.Orwasteheatisharnessed from equipment orprocesses to generate usefulenergy.<strong>Thermax</strong> has delivered sustainablesolutions based on theseapproaches through a combinationofin-houseR&Dandworldsourcing of the best availabletechnologies. Solutions whichhave enabled industries to useinputs more efficiently and convertthe "problem" of pollutioninto an opportunity for improvingresource productivity. And thesearen't the only benefits. The

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