Lloyds Engineering Works Limited (LEWL) has entered into an expanded cross-border agreement with The Material Works Ltd. (TMW), USA, granting LEWL exclusive rights for the design, manufacture, marketing, and deployment of its patented Eco Pickled Surface (EPS) technology across international markets.

This patented acid-less steel pickling solution, the first of its kind globally, offers a significant market opportunity as over 80% of cold steel products require pickling. The EPS technology drastically cuts capital expenditure, eliminates hazardous acids, operates with zero liquid discharge, and uses recyclable materials, making it an environmentally friendly and commercially viable alternative to conventional acid pickling.

LEWL had previously commercialized the EPS technology in India in 2023. This new agreement expands the technology's reach from a primarily domestic focus to global deployment, enabling LEWL to pursue international customers and export-led opportunities, subject to defined contractual exclusions.

The company has already secured an order worth ₹50 crore for the EPS technology, which is currently under execution, demonstrating its commercial viability. This expansion is expected to be a significant boost to LEWL's export initiatives and open up substantial global opportunities in green pickling.

The agreement strengthens LEWL's portfolio of proprietary, technology-driven solutions and supports long-term growth through international commercialization, aligning with the 'Make in India' initiative.