Our legacy
- Our journey traces back to 1972, when under the guidance of Late Mr. Fazalbhai Masani, we established the esteemed Kheezer Industries—an oil re-refining plant that quickly gained government approval, marking a significant milestone in India. During that era, our venture stood among the select few approved oil refining plants, establishing a benchmark for excellence within the industry.
- In 1994, we expanded our horizons by acquiring YS Investments, a move aimed at diversifying and propelling our company's growth trajectory. Since then, our journey has been marked by collaborations with prominent maritime entities worldwide, as we lead the way in vessel recycling.
- Today, the next generation continues this legacy, demonstrating dedication, innovation, and adaptability, while remaining at the forefront of technological advancements.
About YSI Recyclers
- YSI Recyclers stands at the forefront of the world's largest ship recycling industry, strategically located in Alang on the west coast of India—a hub where thousands of ships find their final resting place each year.
- With access to some of the largest vessels globally, we specialize in their safe and responsible decommissioning. As pioneers in the Indian ship recycling sector, we proudly hold the distinction of being one of the first yards to receive a statement of compliance towards the Hong Kong Convention 2009 by Class LR (Lloyd’s Register).
- Furthermore, we have innovatively utilized sophisticated technologies and processes to elevate our operations, including the lifting of bow, stern, and propellers of ships as large as 18,500 LDT—another first in India.
- Our commitment extends beyond recycling, encompassing forward integration processes such as supplying steel to re-rolling mills and refining oil in our oil re-refinery.
Vision
At YSI Recyclers, we are dedicated to continuous research and development, striving to align our processes and practices with the best industry standards. By engaging with all stakeholders, we ensure that our operations remain at the forefront of innovation and sustainability. Our commitment extends to creating cutting-edge technological, procedural, and product solutions, providing our customers with a comprehensive and top-tier solution for ship recycling.
Key aspects of our approach include:
- Delivering a one-stop, best-in-class solution for ship recycling that prioritizes quality, safety, health, and environmental considerations.
- Cultivating a safer workplace environment built upon high ethical standards, ensuring the well-being of our workforce and surrounding communities.
- Upholding our company's standards with passion and pride, fostering talent, and enhancing leadership capabilities to drive excellence.
- Continually exceeding our client's expectations with an unwavering commitment to pioneering excellence, innovation, and reliability throughout all facets of our ship recycling services.
- Ensuring total transparency for all our clients, establishing trust and confidence in our operations and processes.
Mission
At YSI Recyclers, our mission is clear: to be recognized as one of the premier ship recycling yards, aligning seamlessly with maritime needs, national and international laws, and the diverse requirements of our valued customers. Our pursuit of profitability is grounded in fundamental honesty and integrity, driving sustainable growth and prosperity for our stakeholders. Additionally, we aspire to emerge as leaders in sustainability within the sector, championing environmentally responsible practices and pioneering initiatives that promote long-term ecological balance.
Key elements of our mission include:
- Strive to be among the top ship recycling yards worldwide, meeting the stringent demands of the maritime industry and regulatory frameworks.
- Fostering a culture of safety and harmony within our operations, prioritizing accident prevention and promoting a positive working environment.
- Conducting business with honesty and integrity, ensuring profitability while upholding ethical standards and transparency.
- Leading the charge in sustainability efforts within the sector, implementing innovative practices that reduce environmental impact and foster long-term ecological stewardship.
Core Value
At YSI Recyclers, our core values form the bedrock of our operations, guiding every decision and action we take. Trust, innovation, excellence, integrity, and honesty are not just words to us—they are principles deeply embedded in our culture and upheld by every member of our team.
- Trust: Building and maintaining trust with our clients, partners, and stakeholders is paramount. We prioritize transparency, reliability, and accountability in all our interactions.
- Innovation: We are committed to continuous improvement and innovation, seeking out new ways to enhance efficiency, sustainability, and customer satisfaction.
- Excellence: Striving for excellence is ingrained in everything we do. We set high standards for ourselves and consistently deliver superior quality and performance in all aspects of our business.
- Integrity: Integrity is the foundation of our relationships and operations. We conduct ourselves with honesty, fairness, and ethical responsibility at all times.
- Honesty: Honesty is non-negotiable in our business practices. We believe in open communication, honesty, and integrity in all our dealings.
These core values shape our identity as an organization and drive us to uphold the highest standards of professionalism, integrity, and customer satisfaction. At YSI Recyclers, we are not just committed to meeting expectations—we are dedicated to surpassing them.
Our USP
At YSI Recyclers, we take pride in our Unique Selling Proposition (USP), setting us apart as leaders in the ship recycling industry. Our comprehensive approach to facility infrastructure and operational capabilities ensures unparalleled efficiency, safety, and environmental responsibility.
Key highlights of our USP include:
- Four-layered impermeable flooring in the front yard - Our front yard features state-of-the-art impermeable flooring, providing a solid foundation for safe and efficient operations.
- Extended impermeable flooring - We have extended impermeable flooring to bridge the gap between the intertidal zone and the yard, minimizing environmental impact and enhancing operational effectiveness.
- 300 and 220 metric tons cranes - Equipped with heavy-duty cranes capable of lifting 300 and 220 metric tons, we ensure seamless handling of large vessels and components.
- State-of-the-art asbestos decontamination unit - Our facility boasts a cutting-edge Asbestos decontamination unit, the first of its kind in Alang, along with dedicated hazardous waste storage rooms, ensuring safe handling and disposal of hazardous materials.
- Fully impermeable floored backyard - Our backyard is fully equipped with impermeable flooring, maintaining environmental integrity and facilitating efficient material handling processes.
- Dormitory with welfare and recreation facilities - We prioritize the well-being of our workforce by providing a dormitory with welfare and recreation facilities that adhere to international standards, ensuring a comfortable and conducive environment for our team members.
- Skilled workforce - Our team comprises a pool of skilled professionals with a perfect blend of youth and experience, ensuring proficiency and expertise in every aspect of our operations.
At YSI Recyclers, our USP reflects our commitment to excellence, innovation, and sustainability, reinforcing our position as industry leaders in ship recycling.
