SKF India, the country's leading technology and solutions provider of bearings and services has signed multi-year performance-based contracts with two of India's leading pulp & paper manufacturers - Mehali Papers Pvt. Ltd. and Urvashi Pulp and Paper Mills. These agreements will help these companies improve productivity, reduce unplanned downtime, and increase profitability.
These performance-based contracts are a part of the Rotating Equipment Performance (REP) offering, through which customers can maximize reliability and output from machines and production processes, while driving down the total cost of ownership. As part of the agreement, SKF India will provide a comprehensive range of products including bearings, lubrication systems, onsite vibration analysis, dynamic balancing and alignment, connected condition monitoring units as well as remote diagnostic services and onsite training programs.
Sujeeth Pai, Director, Industrial Market, SKF India and Southeast Asia said, "As a customer-centric organization, SKF develops innovative products and solutions that meet its customers' objectives. With our performance-based REP contracts, customers can gain valuable insights to maximize their equipment's productivity, reliability and efficiency while reducing their overall cost of maintenance."
Sundeep Shah, Managing Director, Urvashi Paper said, "With fast-growing paper market in India, paper machine uptime & OEE are primary growth drivers for Urvashi Paper to cater the market demand for higher quality paper. Partnering with SKF will help us achieve the desired Rotating Equipment Performance and improve productivity, with greater flexibility on mechanical maintenance cost and optimization."
SKF's fee-based business model is developed around the customer's needs and productivity targets. Based on these, SKF is able to offer an appropriate combination of products and services to help customers improve the competitiveness of their machines.