Diamond and cubic boron nitride CBN are known as Tools for Stones. Wheels and tools made with these abrasives are used in high end applications. CUMI is present in this segment, through its joint venture Wendt India Ltd., Bangalore, India.
The major user industries for Tools for Stones are automobile, engineering, cutting tools, refractories, ceramics tile, glass and steel.
The characteristics of abrasives industry are as follows:
• Diverse industrial applications
• Perceivably low threats from substitute products
• Adequate raw material availability
• Application engineering support to users