Hyderabad headquartered Rockwell Industries, a pioneering commercial cold chain appliances manufacturer, today launched CHILLERMILL®, the world’s first chiller/freezer powered by Hybrid (Solar & Wind) Renewable Energy, that would be ideal for storing vaccines, lifesaving medicines, including those for COVID-19 vaccines at the desired temperature. The company also rolled out their new Covid-19 vaccine freezer series.
The Intelligently designed Rockwell’s CHILLERMILL®, and WHO PQS (World Health Organisation PQS) certified the new Covid-19 Freezer Series, will be manufactured at its state-of-the-art manufacturing facility in Medchal, Hyderabad. The entire system is Certified by the National Institute of Pharmaceutical Education & Research (NIPER) Hyderabad.
Shri. Jayesh Ranjan, Principal Secretary, Government of Telangana for the Industries & Commerce (I&C) and Information Technology (IT), formally launched the new range of COVID-19 vaccines chillers, a simple plug and play standalone unit, powered by SolarMill® a hybrid (Wind & Solar) energy solution, manufactured by WindStream Energy Technologies ideal for remote areas where availability of electricity is not stable. The Hybrid Renewable System comprising Savonius vertical axis wind turbines, along with a Solar Module enables the refrigerator to run 24/7 on power stored in batteries. SolarMills® are also being used in powering critical applications of Defence forces, Railways and Telecom domain.
Commending Rockwell for its need of the hour technological innovation, and its new Covid-19 vaccine focussed Hybrid Renewable Energy driven CHILLERMILL® and the WHO certified new Covid-19 Freezer series, Shri Jayesh Ranjan said “Governments and immunization programmes rely on a complicated cold chain of freezers and temperature-controlled conditions and Rockwell has developed the much-needed refrigeration technology to address these challenges to preserve vaccine, healthcare products, and other deep-freezing applications.”
Unveiling CHILLERMILL® and the new Covid 19 vaccine freezer series, Ashok Gupta, Managing Director, Rockwell Industries said “There are places especially, many rural hospitals and immunization sites that can’t depend on the unreliable power supply. With our new renewable energy-supported freezers/chillers, we are in a position to help the health sector overcome these challenges. Technologically they meet the strictest biosafety, biomedical needs and solve the pain points in the cold chain.”
The company is in active discussion with leading vaccine players nationally & internationally to supply CHILLERMILL®. “We expect to close in orders worth Rs. 25 Crores this year and hope to achieve Rs. 50 Crores by the end of 2022,” Ashok added
ROCKWELL, which has a size of over Rs 125 Crores in the segment, may touch Rs 350 Crores in the next few years, Ashok Gupta, revealed.
Business & Plant expansion
Rockwell’s fully operational plants in Medchal, Hyderabad, can produce over 400,000 units per annum. Further, the company has earmarked an investment of Rs. 50 Crore towards R & D, new capacities and adding a new marketing network to its existing network of 500+ outlets.
The company plans to participate in several tenders of central & state governments, public and private enterprises for refrigerators and freezers.
Rockwell has the widest range of commercial & medical refrigeration appliances in the industry ideal for use in diverse environments and energy conditions, it sells about 100,000 units of its range of products to customers in India and different parts of the world.
In an initiative to increase their green footprint, Rockwell has partnered with WindStream Energy Technologies (www.windstream.tech) for providing unique Hybrid (Solar Wind) Renewable energy solutions for the power needs of refrigerators and Chillers/freezers.
CHILLERMILL Market Potential
Rockwell’s CHILLERMILL® and the new Covid-19 vaccine freezer series meet the temperature protocols of currently available vaccines for COVID-19 including India’s COVAXIN™, AstraZeneca-Oxford vaccine, Moderna, and the Sputnik Vaccine temperature requirement of storage temperature between 2 to 8 degrees Celsius. The new CHILLERMILL® can also meet the minus 40 degrees Celsius requirement.
With the nationwide coronavirus vaccination drive getting far bigger for the second phase covering 50+ age groups, the demand and need for commercial refrigeration to ensure a sustainable supply chain is growing across the globe. Further, as vaccines begin to receive commercial licensure, Rockwell anticipates the requirement for its products is bound to grow even more, from major healthcare manufacturers, R&D facilities, and rising healthcare expenditure.
According to the data from the WHO, due to the lack of temperature control or continuous cold chain during vaccine transportation, 5-20% of vaccine loses its potency. CHILLERMILL® refrigerators address these needs, and are ideal for vaccination programs, cold chain management, and hospital settings to maintain temperature.
A recent market research report published early this year by Meticulous Research® mentioned the vaccine storage equipment market is expected to grow at a CAGR of 10.6% from 2020 to reach $1.83 billion by 2027.
The demand for cold storage solutions from pharma and other segments is expected to post a 17 percent growth in 2021 to Rs 1.7 trillion, according to market research firm IMARC Services. In addition to the demand for cold storage to house Covid-19 vaccines, there is a rush in demand from pharma and allied sectors for cold chain products.
Rockwell is well poised to garner substantial market share with its uniquely placed refrigeration appliances.
About ROCKWELL : Founded in the year 1986, Rockwell has steadily grown to a leading Commercial Refrigeration Appliances Manufacturer in India. Rockwell is an ISO 9001:2015 certified organisation, having pioneered in several products such as Deep Freezers / Chest Chillers, PCM Freezers / Chillers (No Power No Problem Machines), Green Freezers (53% Power Saving Machines and Eco Friendly), Solar Freezers (Renewal Power Based Freezers).
Spread across over 200,000 square feet, Rockwell has 2 state-of-the-art manufacturing facilities in Hyderabad, India with an annual production capacity of 400,000+ units. Backed by a strong R & D team equipped with a temperature & humidity-controlled precision NABL certified test lab, Rockwell has the unique ability to design, develop and manufacture customised refrigeration solutions for its customer’s specific requirements. The company has a stronghold in the international market and supplies to more than 27 Countries. To know more https://rockwell.co.in/
