Briefly tell us more about the company.

Minimac Systems offers customised solutions for high-velocity oil flushing, chemical cleaning, purification, and testing. The company was established with the goal of giving the market sustainable solutions. Oil is used by many industries, including mining, to power their equipment. They change the oil after a set number of operating hours because the oil's quality starts to degrade. Our business recovers the oil and restores it to fresh oil quality. The oil must be thrown if it is not treated. Reclaimed oil will reduce pollution in the air, the soil, and the water.

The amount of energy used to produce oil is the most crucial factor. Minimac Systems is working to break the cycle.

Oil, as you are aware, has an unlimited life. It has been buried for billions of years, and only after the procedure does it decay. You can treat oil as often as you like.

What are the various solutions offered by the company? What are its salient features?

Depending on the lubricant, how it is applied to the equipment, the environment, the equipment's age, etc., there are many types and features of contamination in lubricants. There are various methods to manage, separate, or get rid of the contamination. Over time, Minimac Systems has acquired practically all of the technology needed for lubricant contamination management.

A class of devices known as oil purification systems is employed in the purification, reconditioning, cleansing, or reclamation of oils. Many buyers refer to the products they want to purchase as oil purification systems while using names like oil centrifuge, oil filtration, LVDH system, or ELC machine.

Minimac Systems provides both conventional and specialised products for the area of oil purifying systems. For a cost-effective solution to the issue of contamination in lubricating oils, product selection is done based on application of the requirement and the relevant technology.

We offer a variety of options, and they differ depending on the industry. The majority of the carbon flakes from coal mining are found in the oil. For every application, we have solutions that are unique. All of the solutions are produced in India. Several parts, including silicon chips and other electronics, are imported. The remaining components are all produced on-site.

Only oil that costs no more than 20 per cent of the new oil can be recovered. The processed oil is reasonably priced. Equipment failure might result from oil contamination. With regular maintenance, we can at least cut down on breakdowns by 80 per cent.

How do you look at the market of your products in India? Which segments will drive the demand for these?

The market entirely depends on the degree of awareness. There is a way to recover the oil if people are aware of it. Power, steel, and mining are the market-driving sectors, in that order.

How are intelligent solutions in your products helping the industry?

Once we have installed our system, clients may get live product information from any location. This information may include the state of the oil, whether replacement oil is necessary, etc. We have clever machines everywhere.

What are the various challenges faced by your company?

The primary issue is getting the word out about our items in the marketplace. Customers don't care about oil, especially in the mining sector.   This is a relatively inexpensive purchase for them. Instead of focusing on pricing, the sector should consider how much it will exploit the planet.

We hold monthly online webinars to raise awareness of our goods. We strive to educate individuals and provide additional information about oil conservation throughout the webinar.

Performance-wise, how was the year 2022 for the company? What are your plans for 2023?

Our sales this year have increased by over 250 per cent as compared to last year. In the upcoming year, we anticipate much more. Our committed R&D staff creates new products. We are continually enhancing our product.