May 2024

Copyright 2024 @Indian Chemical News

Content: Pravin Prashant, Murari Mohan Jha and Rahul Koul

Marketing & Strategy: Yogesh Joshi and Muskan Chawla

Design & Graphics: Sudeep Mazumdar and Dinesh K. Mahay

Images: shutterstock.com

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Disclaimer: Chemical Industry Outlook 2024 has been published with all
reasonable efforts to make the messaging error-free. The views expressed
within this compendium are the personal opinions of the authors. The facts and
opinions appearing in the articles do not reflect the views of Indian Chemical
News (ICN) and ICN does not assume any responsibility or liability for the same.
For any such queries, please write to Pravin Prashant, +91-9899004608,
pravin@indianchemicalnews.com

www.indianchemicalnews.com
 TABLE OF CONTENT
EDITOR'S DESK 6 DEEPAK NITRITE 52-54
MAULIK MEHTA
FOREWORD 8-22 GODAVARI BIOREFINERIES 56-58
AMAI 8 SAMIR S. SOMAIYA
AJAY VIRMANI
DCM SHRIRAM 60-63
CCFI 10 SABALEEL NANDY
HARISH MEHTA
EPIGRAL 64-66
ACFI 12
MAULIK PATEL
DR. KALYAN GOSWAMI
LANXESS INDIA 68-70
CROPLIFE INDIA 14
NAMITESH ROY CHOUDHURY
DURGESH C. SHARMA

PMFAI 16 HUBERGROUP 72-74

PRADIP DAVE SURESH KALRA

GUJARAT CHEMICAL ASSOCIATION 18 SILOX INDIA 76-78

DR. JAIMIN VASA PRAKASH RAMAN

FIPI 20 INDIA GLYCOLS 82-86

GURMEET SINGH RUPARK SARSWAT

HAI 22 KAKINADA SEZ & KGPL 88-91

DR. R. K. MALHOTRA RAM REDDY OJILLI & K. MURALIDHARAN

SAURADIP CHEMICAL 92-95

ADVERTISEMENT INDEX 24 DR. KISHORE SHAH, RAJIVE SHAH & JAIDEEP SHAH

CHEMICALS 26-117 VOXCO PIGMENTS AND CHEMICALS 96-99

ISHAN RAVESHIA
OVERVIEW 28-29
RIECO INDUSTRIES 100-101
SOMAIYA VIDYAVIHAR UNIVERSITY 30-32
VIKAS R. BHATIA
PROF. V. N. RAJASEKHARAN PILLAI
SHIVA ENGINEERING SERVICES 102-104
ASTEC LIFESCIENCES 34-35
ASHISH PARIKH
ANURAG ROY
ION EXCHANGE (INDIA) 106-109
SYNGENTA INDIA 36-38
AJAY POPAT
DR. K. C. RAVI
TRIPLAN INDIA 110-111
GODREJ INDUSTRIES 40-42
THEJAMURTHY SHIVASHANKAR
VISHAL SHARMA
BERGER PAINTS INDIA 112-114
PIP 44-45
SANJAY CHOWDHURY
ANTICORROSION INDIA 46-47
YOGESH KHAIRNAR NUBERG GROUP 115-117
AMIT TYAGI
DHANUKA GROUP 48-51
DR. RAM GOPAL AGARWAL
 TABLE OF CONTENT
EV & BATTERY 118-133 SUSTAINABILITY 170-183
OVERVIEW 120-121 OVERVIEW 172-173
IPCO 122-124 ICT MUMBAI 174-178
UDO HUBER PROF. (DR.) PADMA SHRI G. D. YADAV
EPSILON CARBON 126-129
BEIL 179-183
VIKRAM HANDA
ASHOK PANJWANI
GUJARAT FLUOROCHEMICALS 130-133
RAJIV SUDHAKAR RAO
PETROCHEMICALS 184-203
SUPPLY CHAIN 134-151 OVERVIEW 186-188
OVERVIEW 136-137 HPCL 190-191
VIPUL KUMAR MAHESHWARI
BRENNTAG INGREDIENTS INDIA 138-139
ALOK SHARMAN RELIANCE INDUSTRIES 192-193
J M BAXI & CO. 140-142 AJAY SARDANA
RAJNISH KHANDELWAL
NUMALIGARH REFINERY 194-197
DKSH INDIA 143-145 BHASKAR JYOTI PHUKAN
VISHAL JAWALE
BPCL 198-199
IMCD INDIA 146-148 P. V. RAVITEJ
NARENDRA VARDE
HPCL 200-201
PON PURE CHEMICALS 149-151 SAUGATA CHAUDHURI
LAKSHMIPATHY M. P.
GAIL INDIA 202-203

DIGITALIZATION 152-169
ENERGY 204 -218
OVERVIEW 154-155
OVERVIEW 206 -207
INDIAN OIL 156-157
MANISH GROVER GREENSTAT HYDROGEN INDIA 208 -210
STURLE PEDERSEN
HPCL 158-160
RITWIK RATH VOC PORT TUTICORIN 212 -213
SUSANTA KUMAR PUROHIT
AVEVA 162-163
NAVEEN KUMAR IOCL 214-216
RELIANCE INDUSTRIES 164-165 ALOK SHARMA
GAURAV VYAS OVERVIEW 217-218
INGENERO 166-169
DR. PRATAP NAIR
 Achieving US $1 Tn by 2040!
The Indian Chemical industry has immense growth potential due to a large consumer base, increasing urbanization,
rising disposable incomes and government initiatives to support manufacturing activities. The industry is also known
for its cost competitiveness which is primarily driven by skilled workforce, availability of raw materials and lower
labour costs compared to developed nations. This provides a competitive advantage in global markets for Chemical
manufacturing in India.

The Indian Chemical industry is contributing to India's GDP as well as Gross Value Addition (GVA) in manufacturing.
The Indian Chemical industry stands 6th globally in terms of sales values and the market size was around US$ 212
billion in 2022 and the sector is expected to grow at 9.3 per cent. In agrochemicals, India is the 4th largest producer and
2nd largest exporter globally. Similarly, in dye-stuffs, India is the 2nd largest producer and exporter globally. The Indian
Chemical sector contributes 9.40 per cent of manufacturing GVA and 1.69 per cent of national GVA. The sector employs
around 4 million people directly and indirectly.

In India, people's aspirations are growing and the purchasing power has increased. As a result, the demand in the
Chemical sector is increasing. The overall Indian economy is expected to touch US$ 40 trillion by 2047 and estimates
suggest that the Chemical sector may touch US$ 2 trillion if it grows at 9.3 per cent (according to India's Parliamentary
Standing Committee Report on Chemicals). If we consider a conservative growth of 6 per cent, then the Chemical sector
will be about US $1 trillion which will be 2-3 per cent of the total global Chemical market size.

The Indian Chemical industry produces a wide range of products and companies are increasingly exporting their
products to the global market. Competitive pricing, quality products and adherence to international standards have
helped Indian Chemical manufacturers to penetrate global markets effectively. India is the net importer of Chemicals
and the trade deficit stood at Rs. 1.75 lakh crore in FY 2020-21. The main reason for net imports is non-availability of
feedstocks and mining agents.
EDITOR'S DESK

There is a growing demand for Specialty Chemicals in India's domestic market, driven by the country's expanding
manufacturing and construction sectors. Many Indian Chemical companies are shifting their focus from commodity
chemicals to specialty chemicals to take advantage of this trend. Even Indian Chemical companies are coming out with
new molecules of their own or in partnership with global majors to meet sustainability targets.

While expanding their manufacturing base, the industry has also been investing significantly in R&D activities to
develop innovative and sustainable products. The growth is also supported by digital technologies, such as automation,
AI and IoT, which are transforming the Chemical industry by optimizing operational processes, reducing costs and
increasing productivity.

Notably, Indian manufacturers are increasingly adopting sustainable and eco-friendly practices in production and
processing. This has led to a surge in demand for green and sustainable chemicals, such as bio-based chemicals and
biodegradable plastics.

The Government of India is proactively taking steps to support the growth of the Chemical industry through favourable
policies, incentives and regulations. Overall, the Indian Chemical industry is undergoing rapid changes, as companies
adapt to meet evolving market demands and embrace new technologies. As the industry becomes more specialized,
innovative and sustainable, it offers opportunities for growth and investment.

The Compendium provides an in-depth analysis of the sector by featuring perspectives and interviews from leaders
in the government, industry, academia, associations and R&D organizations. CIO 2024 has sections on Chemicals, EV
& Battery, Supply Chain, Digitalization, Sustainability, Petrochemicals and Energy.

Looking forward to your valuable feedback!

Happy Reading!

Pravin Prashant
Executive Editor
Indian Chemical News
pravin@indianchemicalnews.com
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 ADVERTISEMENT INDEX
DCM SHRIRAM 2
BRENNTAG INGREDIENTS INDIA 7
PON PURE CHEMICALS 9
SHIVA ENGINEERING SERVICES 11
INGENERO 13
HUBERGROUP 15
BEIL 17
DKSH INDIA 19
KAKINADA SEZ & KGPL 21
GUJARAT FLUOROCHEMICALS 23
SILOX INDIA 25
MAAG GROUP 33
IPCO 39
TRIPLAN INDIA 43
DHANUKA GROUP 55
RIECO 59
IMCD INDIA 67
SAURADIP CHEMICAL INDUSTRIES 71
VOXCO PIGMENTS AND CHEMICALS 75
RESISTOTECH 79
BOROSIL SCIENTIFIC 80-81
PIP 85
ION EXCHANGE (INDIA) 87
NUBERG GROUP 105
NEXTGEN 2024 125
CHEMCONNECT 2024 161
AGROCHEM 2024 189
PETROCHEM 2024 211
DEEPAK GROUP 219
ADITYA BIRLA CHEMICALS 220
Chemicals
Catalyzing India's Growth Story
[28] COLUMN www.indianchemicalnews.com

EYEING GLOBAL DOMINANCE

The Indian chemical industry remains steadfast on its mission to achieve the target of
US$ 300 billion by 2025, driven by consumer demands, technological advancements and
government support TEAM ICN

F
ueled by consistent revenue growth and segment totaled US$ 1.69 billion during cheap labour, and the domestic availability
high margins, the chemical industry in April to December 2023. of petrochemicals. In addition, the country
India is poised for exceptional growth The Indian chemical industry is expected also has highly skilled leaders who can
and transformation. Estimated to be worth to further grow with a CAGR of 11-12% by strategically overcome challenges and take
US$ 220 billion in 2022, the sector is 2027, increasing India’s share in the global advantage of new opportunities. Presently,
anticipated to grow to US$ 300 billion by specialty chemicals market to 4% from 3%. the Indian chemical industry employs over
2025 and US$ 1 trillion by 2040. With sspecialty chemicals accounting for 2 million people.
The growth will be driven by various more than 50% of total chemical exports
factors including domestic demand from India, Indian specialty chemicals Trends shaping the sector
predicted to increase by 20%, and slated companies are expanding their capacities
to reach between US$ 850 billion to cater to rising demand from One of the defining trends in the
to US$ 1,000 billion by 2040. domestic and overseas. Indian chemical industry is the increasing
Contributing around 7% of the GDP, In terms of challenges, the focus on specialty chemicals. With
the Indian chemical industry is industry has been dealing with rising disposable incomes and changing
ranked sixth in the world and third inadequate infrastructure facilities, consumer preferences, there is a growing
in Asia. Offering more than 80,000 high costs of basic raw materials demand for high-value specialty chemicals
commercial products, the industry and feedstocks, high cost of across various end-user industries such
is extremely diversified and can capital, supply chain issues and as pharmaceuticals, automotive, personal
be broadly classified into bulk chemicals, need for technological modernization of its care, and agrochemicals. This presents
specialty chemicals, agrochemicals, facilities. a lucrative opportunity for chemical
petrochemicals, polymers and fertilizers. manufacturers to innovate and develop
India is expected to account for Advantage India specialized products tailored to specific
more than 10% of the world's growth in market needs.
petrochemicals. Being the fourth-largest India is pitted to be the biggest Environmental sustainability is another
producer of agrochemical after the beneficiary of China+1 Strategy crucial aspect shaping the future of the
United States, Japan and China, India’s that seeks to develop an alternate chemical industry in India. Investing
agrochemical export touched US$ 5.4 manufacturing hub in the backdrop of in green technologies and sustainable
billion in FY 2022-23, positioning the global companies seeking to de-risk their practices not only aligns with regulatory
country as the second highest exporter in supply chains dependent on China. In requirements but also enhances brand
the world. It is projected to grow at 8-10% the midst of changing geopolitics, trade reputation and fosters long-term growth
CAGR till 2025. Indian colourants industry war, increasingly stringent environmental prospects. As a major supplier of generic
has emerged as a key player with a global norms, and increasing compliance and drugs, agrochemicals, and other chemical
market share of ~15%. A world leader in labour costs for manufacturers in China, products, India holds a competitive edge
generics, biosimilars and vaccines, India is the Indian chemical industry is in massive in terms of cost-effective manufacturing
contributing more than 50% of the global tailwind for unprecedented growth in and skilled workforce. Leveraging this
vaccine supply. Accounting for 16-18% the coming years. The country has an advantage, Indian chemical companies are
of the world's production of dyestuff and extra edge over its competitors in various expanding their footprint in international
dye intermediates, India's exports in the aspects, which include material costs, markets through strategic partnerships,
www.indianchemicalnews.com COLUMN [29]

acquisitions, and exports, thereby tapping

into new revenue streams and diversifying
their global presence. Furthermore, the
adoption of digitalization and Industry 4.0
technologies is poised to revolutionize
the Indian chemical industry, driving
efficiency, productivity, and innovation
across the value chain. From smart
manufacturing processes to predictive
analytics and supply chain optimization,
digital transformation presents immense
opportunities for chemical companies to
stay ahead of the curve and maintain a
competitive edge in the market.
chemical & petrochemical sector and growth rate in its favour, the emergence of
Policy push will redraft the Petroleum, Chemicals and India as a global chemical manufacturing
Petrochemicals Investment Region (PCPIR) hub isn’t a far off possibility. Growing local
The sector will be integral to guidelines. Under the policy of the PCPIR, demand for chemicals and focus on exports
government’s aspiration of developing an India aims to attract an investment of US$ is backed by technological advancements,
‘Aatmanirbhar Bharat’ as well as growth 284 billion (Rs. 20 lakh crore) by 2035. and strategic initiatives aimed at fostering
aspirations of making India a US$ 30 trillion This policy is designed in a cluster strategic innovation and sustainability. Of late, India
economy by 2047. The Indian government way to boost the chemical sector on a large has been increasingly focusing on the
has been implementing policies to promote scale. production of specialty chemicals due to
domestic manufacturing and reduce higher margins and growing demand, and
dependency on imports. 'Make in India' Outlook this trend is likely to continue as companies
initiative and other policy reforms are invest in research and development and
expected to drive investment and expansion The chemical industry in India is aspiring explore niche markets.
in the chemical sector. Initiatives such as for the global dominance. With a steady With environmental concerns and
the National Chemical Policy, regulations becoming increasingly
PCPIR, focus on hydrogen important, companies are expected
fuel etc. provide a conducive to invest in sustainable practices
environment for industry players Key highlights and technologies to meet consumer
to enhance their production demands for eco-friendly products.
capacities, improve infrastructure, • FDI inflows in the chemicals sector (other than Expanding their presence in global
and bolster competitiveness fertilizers) reached US$ 22.07 billion during April markets through partnerships,
on both domestic and global 2000-December 2023 acquisitions, and exports, companies
fronts. Continued investments • An investment of Rs 8 lakh crore (US$ 107.38 aim to tap into international markets
in infrastructure, including billion) is estimated in the Indian chemicals and and diversify their revenue streams.
petrochemical complexes and petrochemicals sector by 2025 Adoption of digital technologies and
chemical parks, aim to enhance • During April to December 2023, exports of automation is likely to accelerate in the
the industry's manufacturing organic chemicals stood at US$ 5.49 billion & Indian chemical industry, leading to
capabilities and efficiency. inorganic stood at US$ 1.50 billion improved efficiency, productivity, and
Under the Interim Union • Imports of organic chemicals were US$ 11.21 quality. By embracing these trends and
Budget 2024-25 the government billion and inorganic chemicals US$ 5.01 billion capitalizing on emerging opportunities,
allocated Rs. 192.21 crore (US$ from April to December 2023 chemical companies can navigate
23.13 million) to the Department • The Dahej PCPIR project in Bharuch, has attracted the evolving landscape successfully
of Chemicals and Petrochemicals an investment of Rs. 1 lakh crore (US$ 12 billion) and emerge as key contributors to
which intends to bring Production and is expected to generate 32,000 jobs India's economic growth and industrial
Linked Incentive (PLI) in the development.n
[30] COLUMN www.indianchemicalnews.com

ENHANCING COMPETENCE:
TRAINING & CAPACITY BUILDING IN
INDIAN CHEMICAL INDUSTRY
Capacity building initiatives by R&D institutions play a vital role in driving innovation,
competitiveness and sustainability within the global chemical industry

understand and adhere to safety protocols,

minimizing the risk of accidents and
Prof. V. N. ensuring compliance with regulations.
The chemical industry is witnessing rapid
Rajasekharan Pillai technological advancements, including
automation, digitalization and data
Professor of Chemistry analytics.
& Vice Chancellor Training programs help employees
Somaiya Vidyavihar University adapt to these changes, empowering them
Mumbai to leverage new technologies for improved
efficiency and effectiveness. Offering
training and development opportunities
demonstrates a company's commitment
to its employees' growth and career
advancement. This, in turn, fosters loyalty,
enhances job satisfaction and reduces
turnover rates, thereby retaining top talent

T
he Indian chemical industry stands and capacity building is essential for Indian within the organization.
as one of the country's oldest chemical companies to stay competitive.
and most significant sectors, Well-trained employees contribute to Challenges faced in training
playing a crucial role in various domains higher productivity, quality output, and and capacity building
such as agriculture, pharmaceuticals, innovation, enabling companies to maintain
textiles, and manufacturing. Chemicals, their edge in the market. The areas which Challenges faced in training and
petrochemicals and energy sectors are need to be focused on are compliance, capacity building are basically skill gap,
going to play a significant role in realizing safety, technological advancements, talent cost constraints, infrastructure and
the national target of a US$ 30 trillion retention and motivation. resistance to change. The Indian chemical
economy by 2047. The chemical industry The chemical industry operates within industry faces a significant skill gap, with
is expected to contribute about 3% to this a stringent regulatory framework due a shortage of qualified professionals
target. With its vast potential for growth to safety and environmental concerns. in various domains such as chemical
and innovation, the industry continually Proper training ensures that employees engineering, process optimization and
seeks to bolster its workforce's skills and regulatory compliance. Bridging this gap
competencies through robust training and Leveraging technology- requires targeted training programs tailored
capacity-building initiatives. This article to industry-specific needs. Implementing
delves into the importance of challenges enabled learning solutions comprehensive training programs can be
and strategies for training and capacity can enhance accessibility, costly, especially for small and medium-
building in the Indian chemical industry. flexibility and scalability of sized enterprises (SMEs) operating on
In a globalized market, where tight budgets. Finding cost-effective
competition is fierce, investing in training training initiatives solutions without compromising on quality
www.indianchemicalnews.com COLUMN [31]

and effectiveness poses a challenge for ensures relevance and effectiveness. training programs, self-study, or peer
many companies. These programs may include technical learning forums. Regular evaluation of
Inadequate training infrastructure, skills training, safety training, leadership training programs and solicitation of
including facilities, equipment and development and soft skills enhancement. feedback from participants are essential
qualified trainers, hampers the delivery of Leveraging technology-enabled for gauging effectiveness, identifying areas
effective training programs, particularly in learning solutions such as e-learning for improvement and making necessary
remote or underdeveloped areas. Investing platforms, virtual reality simulations and adjustments to enhance the impact of
in infrastructure development is crucial to mobile-based training apps can enhance future training initiatives.
address this challenge. Employees may accessibility, flexibility and scalability
resist training initiatives due to fear of of training initiatives, overcoming Capacity building initiatives by R&D
change, reluctance to learn new skills, or geographical barriers and minimizing institutions
skepticism about the benefits of training. costs.
Overcoming this resistance requires Establishing partnerships between Capacity-building initiatives by
effective communication, employee industry players and academic institutions Research and Development institutions
engagement and demonstrating the facilitates knowledge exchange, curriculum play a crucial role in shaping the trajectory
tangible value of training. development and hands-on training of the global chemical industry. These
opportunities for students, bridging the initiatives encompass a wide range
Strategies for training and capacity gap between academic learning and of activities aimed at enhancing the
building industry requirements. Incorporating capabilities, skills, and resources of
on-the-job training, apprenticeships and professionals and organizations operating
Conducting a thorough needs mentorship programs provides practical within the sector. The key capacity-building
assessment to identify skill gaps and experience and real-world exposure to initiatives undertaken by R&D institutions
training requirements is the first step employees, accelerating their learning in the global chemical industry cover areas
towards designing effective training curve and fostering skill development in a as research collaboration technology
programs. This involves consulting with workplace setting. transfer and licensing, training and
industry experts, analyzing performance Cultivating a culture of continuous workshops, incubation, start-up support,
metrics and gathering feedback from learning and professional development education and training programs, open
employees. Developing customized training within the organization encourages innovation platforms, policy advocacy and
programs tailored to the specific needs employees to seek learning opportunities advisory services and global networking
and job roles within the chemical industry proactively, whether through formal and partnerships.

Transferring and dosing

maag.com

challenging products
[32] COLUMN www.indianchemicalnews.com

share resources and collectively

address common challenges. These
platforms facilitate knowledge
sharing, technology scouting and
co-innovation, fostering a culture
of collaboration and mutual benefit
within the industry. R&D institutions
engage in policy advocacy and provide
advisory services to governments,
regulatory agencies and industry
associations on matters related to
research funding, intellectual property
rights, environmental regulations and
technology standards. By influencing
policy decisions and shaping
the regulatory landscape, these
institutions contribute to a conducive
environment for innovation and
sustainable growth in the chemical
industry.
Establishing strategic partnerships
and collaborations with counterparts
R&D institutions foster collaboration optimization, sustainability, regulatory around the world to access global
between academia, industry and compliance and emerging trends enhances expertise, share best practices and
government agencies to advance the skills, knowledge and capabilities of participate in international research
scientific knowledge, develop innovative professionals working in the chemical consortia enhance the visibility, credibility
technologies and address industry industry, empowering them to tackle and impact of R&D efforts, while also
challenges. Collaborative research projects complex challenges and drive innovation. fostering cross-cultural collaboration and
provide opportunities for knowledge Many R&D institutions operate knowledge exchange. Overall, capacity-
exchange, interdisciplinary collaboration incubators, accelerators and technology building initiatives by R&D institutions
and leveraging of complementary parks to nurture entrepreneurship play a vital role in driving innovation,
expertise. and support the growth of start-ups competitiveness and sustainability within
Institutions need to facilitate and small businesses in the chemical the global chemical industry. By fostering
technology transfer and licensing sector. These initiatives provide access collaboration, providing education and
agreements to disseminate cutting-edge to infrastructure, funding, mentorship training, facilitating technology transfer
research findings, patents and proprietary and networking opportunities, enabling and advocating for supportive policies,
technologies developed in-house. This aspiring entrepreneurs to commercialize these institutions contribute to the
enables industry players to access and their innovations and bring new products advancement of science and technology
adopt new technologies, accelerate product to market. and the overall growth of the chemical
development, and gain a competitive R&D institutions can collaborate with sector on a global scale.
edge in the market. Organizing training universities and technical institutions to Training and capacity building play a
programs, workshops and seminars on develop specialized degree programs, pivotal role in driving growth, innovation
various topics such as chemical process courses and certifications in areas and sustainability within the Indian
such as chemical engineering, polymer chemical industry. By investing in the
science, materials science and development of their workforce, companies
R&D institutions foster nanotechnology. These educational can overcome challenges, capitalize on
collaboration between initiatives cultivate a pipeline of skilled opportunities, and establish themselves
academia, industry and professionals equipped with the latest as leaders in a highly competitive market
knowledge and tools required to excel in landscape. With strategic planning,
government agencies the chemical industry. collaboration and a commitment to lifelong
to advance scientific Institutions can establish open learning, the Indian chemical industry can
knowledge and address innovation platforms and consortia where unlock its full potential and contribute
industry stakeholders can collaborate to the nation's economic prosperity and
industry challenges on pre-competitive research projects, industrial development.n
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UNLOCKING CHEMISTRY:
TRANSFORMING INDIA INTO A
GLOBAL MANUFACTURING HUB
Continued investments in innovation, R&D and capacity expansion are imperative for Indian
chemical companies to capitalise on the immense opportunities

India’s attractiveness as a
manufacturing hub

Several factors are driving this growth.

Anurag Roy One of the primary drivers is India's appeal
as a global outsourcing hub.
CEO With innovator companies focusing
Astec LifeSciences on their core genesys of research
and development of novel sustainable
molecules, they are increasingly turning
to CDMO companies for reducing time-
to-launch in the market and cost-effective
solutions. Indian companies have emerged
as preferred partners in this outsourcing
boom, thanks to their credibility, expertise,
time-to-market and cost-effectiveness.
India's skilled workforce, comprising

I
n recent years, India has emerged as in India's manufacturing narrative. engineers, chemists and scientists, has
a beacon of opportunity in the global The CDMO industry in India is been instrumental in moving the country
manufacturing landscape. Its diverse characterised by its sector-agnostic up the value chain. This, coupled with
industries, ranging from semiconductors approach. Catering to a wide array its strong process chemistry skills,
to automobiles, textiles to aviation and of industries such as agrochemicals, competitive operational costs and
even aerospace, are propelling the country pharmaceuticals and consumer products, protection of intellectual property rights,
towards becoming a global manufacturing this versatility has been a key factor in has made India an attractive destination
hub. One industry that exemplifies this India's rapid ascent in the global market. for outsourcing. Many global companies,
trend is the Contract Development and According to a joint study by McKinsey for instance, are shifting their chemical
Manufacturing Organisation (CDMO) and the Indian Chemical Council (ICC), manufacturing assets from their home-
sector, which has witnessed remarkable the global chemicals market is expected country to India as the cost of setting up
growth and is poised to play a pivotal role to grow by 11-12 per cent during 2021- manufacturing facilities is nearly two-
2027, followed by a strong 7-10 per cent third in India, and it has developed frugal
growth from 2027-2040. India, currently engineering capabilities.
India has all the necessary ranked as the world's sixth-largest seller of The Indian government's proactive
ingredients to solidify its chemicals and the fourth-largest in Asia, is measures, such as the production-linked
projected to triple its contribution to global incentive (PLI) scheme and budget
position as a favoured sales by 2040, reaching a staggering provisions to the Department of Chemicals
outsourcing destination in market value of US$ 850 - US$ 1,000 and Petrochemicals, Govt. of India have
the agrochemical sector billion. [1] further bolstered India's position as
a manufacturing hub. These support
www.indianchemicalnews.com COLUMN [35]

and policies have created a favorable necessary ingredients to solidify its

environment for Indian CDMOs to thrive Innovation will play a position as a favoured outsourcing
and expand their growth potential. crucial role in India's destination in the agrochemical sector.
manufacturing landscape, Continued investments in innovation, R&D,
Need for an investment in R&D and and capacity expansion are imperative for
de-risking supply chain not only in terms of raw Indian chemical companies to capitalise
materials but also in the on the immense opportunities that lie
Despite the remarkable growth manufacturing process as ahead and establish India as a dominant
witnessed by India's CDMO industry and force in global manufacturing.
its allure as a global hub, there are still a whole Moreover, India's focus on sustainability
untapped opportunities. India's share of and green chemistry could further
global chemicals sales remains at 10- it gives them a competitive-edge. Hence, enhance its global appeal. As the world
12%, and its agrochemicals exports to key for India to up its game, we need to invest shifts towards sustainable practices, India
markets like the United States are growing in more such facilities. The same can result has an opportunity to position itself as a
but still lag behind countries like China. in cutting down higher costs for container leader in environmentally-friendly chemical
To fully realise its potential, India
must address several challenges.
One of the key areas that require
attention is backward integration.
The sector still imports roughly
50% of its basic chemicals and
intermediates from China. In fact,
India’s chemical industry continues
to be a net importer.
This underlines the need
for investment in R&D and the
development of key starting raw
materials. While some players are
already actively engaged in R&D
through dedicated innovation hubs
set up locally, on an industry-wide
scale, innovation has been lacking.
This is a situation that needs to
be turned around. And it is here
that incentives can encourage local R&D freight from India to key international manufacturing. This could not only attract
into sustainable chemistries and enable markets thereby raising market share. more business but also align with global
the industry to commercialise technology Additionally, it would aid us de-risk sustainability goals.
platforms like continuous chemistry, supply chains and integrate more closely Furthermore, India's rich heritage in
vapour phase reactions, etc. with global supply chains. While Indian traditional medicine and natural products
Innovation will play a crucial role in fine and specialty chemical companies are could be leveraged to drive innovation in the
India's manufacturing landscape, not only already making strides in this direction, pharmaceutical and agrochemical sectors.
in terms of raw materials but also in the these efforts need to be further amplified By combining traditional knowledge with
manufacturing process as a whole. The to reduce logistics costs and enhance modern research and technology, India can
U.S., for example, has introduced incentives efficiency. develop unique and sustainable solutions
to lure companies to manufacture locally, that cater to global needs.
emphasising the importance of innovation The road ahead India's journey towards becoming
and automation in remaining competitive. a global manufacturing powerhouse is
Another challenge that India must India's CDMO industry has evolved fueled by its diverse industries, skilled
address is its infrastructure inadequacies. significantly in recent years, positioning workforce, and conducive government
To address this, the government has the country as a key player in the global policies. By addressing challenges and
approved setting up four Petroleum, chemical manufacturing landscape. With leveraging its strengths, India is well-
Chemical and Petrochemical Investment planned investments in infrastructure, positioned to lead the way in the global
Regions (PCPIRs). However, with a skilled workforce, and favourable chemical manufacturing landscape.n
countries like China having more PCPIRs, government policies, India has all the [1]
India: The next chemicals manufacturing hub
[36] COLUMN www.indianchemicalnews.com

POLICY REFORMS TO TAKE

AGROCHEMICALS TO THE NEXT
LEVEL
First and foremost big-ticket reform is the reduction in registration timelines for crop
protection products so that the farmers are equipped with the latest technologies to combat
various challenges
as though chemicals are mixed by hand in
shady shacks. In spite of the fact that a
molecule goes through close to 11 years
of research at a cost of US$ 300 million
Dr. K. C. Ravi from discovery to commercialization
before reaching the farmers, they are
Chairman, Crop Life India
subject to arbitrary scrutiny and ban
Chief Sustainability Officer
without a scientific basis. In spite of India
Syngenta India
hardly using on an average 300 grams
compared to 11-13 kgs in other countries,
there is unsubstantiated criticism from
various quarters.
And most importantly, whenever we talk
about reforms of this sector, it is viewed
from the lens of MNC vs. domestic, import
vs. indigenous, patented vs. unpatented
and chemical vs. organic.

L
et’s first look at what the agrochemical low as 4 grams with new chemistries from So, what are the policy reforms that
sector in India has achieved since the 3-4 kilograms in the sixties. The sector is need to be taken to take agrochemicals
first Insecticides Act of 1968 was also embracing Artificial Intelligence and to the next level? And here we need to
framed even though there are players digitization seamlessly to further make look at this in the context of the aspiration
who have been serving the farmers of breakthroughs in precision and sustainable of India to become a ‘Viksit Bharat’ by
our country much before the sector was agriculture. 2047. By then, India’s population is also
regulated. Today, India has become the But in spite of this sector spending close expected to increase to around 1.7 billion
fourth largest producer of agrochemicals to US$ 6 billion in R&D, the perception is from 1.4 billion at present. For feeding
in the world and more recently it has the population, India needs to not only
surpassed the USA as the second largest increase agriculture production but also
exporter after China. The agrochemicals Provision of minor the overall productivity to ensure food and
along with other inputs has helped India’s changes in formulations more importantly nutritional security of the
agriculture production reach record levels. nation.
They have also helped Indian agriculture
will not only benefit the One hectare of land used to feed 2
tackle many national exigencies when industry but also enhance people in 1950. The same hectare of
the very survival of our major crops like the overall regulatory land would have to feed 5 people by
Rice, Cotton and Wheat were threatened 2050. The production of food grains has
by pests and diseases. The industry has
framework by imbibing to correspondingly increase by 5 million
taken its responsibility very seriously and this internationally tonnes annually.
is bringing cutting - edge technologies that recognized best practice Climate change is already creating
have reduced the application rates to as huge disruptions in India’s agriculture
www.indianchemicalnews.com COLUMN [37]

landscape. Global warming, caused by the

increase in concentration of greenhouse
gases (GHGs) in the atmosphere, is
emerging as one of the most prominent
environmental issues in India. Carbon
dioxide (CO2), methane (CH4) and nitrous
oxide (N2O) from major crops like rice and
others are causing disruptions.
India has also lost 668,400 hectares of
forest cover in the last 30 years, and the
Food and Agriculture Organization (FAO)
estimates that the rate of deforestation was
668 square kilometers per year between
2015 and 2020 mainly for agriculture.
Nearly 147 million ha of land is
subjected to soil degradation, including 94
million ha from water erosion, 23 million to be viewed from the perspective of the in India has long been a bottleneck for
ha from salinity/alkalinity/acidification, 14 requirements of the country. An attempt introduction of new molecules.
million ha from water-logging/flooding, 9 should be made to look at the gaps and a Moreover, the farmers are not able
million ha from wind erosion and 7 million roadmap should be developed. to reap the benefits of the agrochemical
ha from a combination of factors due to However, the more I think about products sooner. There is tremendous
different forces. certain policy reforms that would take scope of improvement with respect to
Thus, the only way out is to continue agrochemicals to the next level, the more policy changes, process changes and
to increase productivity per unit of input I am reminded of the old Hindi movie song administrative capacity changes thereby
in the foreseeable future with the least “Sau saal pehle”. Probably the new version reducing timelines and fostering innovative
environmental footprint. It will require would be “Dus saal pehle”, it was the same plant protection solutions for Indian
proper management of soil, water, problems, “aaj bhi hai, aur kal bhi rahega” farmers. The changes proposed can
nutrition, seeds and agri inputs. unless there is absolutely a new lens reduce the time to bring new molecules to
The start has already been made through which this sector is viewed! This the market by almost 3 years, which will
when during Covid pandemic, this sector is important as because of the dissenting be beneficial not only for agro chemical
was identified as one of the 12 champion notes from various stakeholders, a whole companies but also the farmers of India.
sectors where India can play a major role. host of critical reforms are being sidelined. One of the important policy and
Second and more crucially, we had for I will outline a few in the following process related changes is with respect
the first time nine sectoral and national paragraphs. to introduction of pre-submission dossier
industry associations coming together The first and foremost big-ticket consultation. This will minimize the gap
to discuss the reforms on the policy reform is the reduction in registration between the submitter and the reviewing
and regulatory front that would take the timelines for crop protection products so authority, providing applicants with
sector to new heights. There were 29 that the farmers are equipped with the advanced knowledge of data acceptability.
progressive agenda items that were coined latest technologies to combat the various This, in turn, will enable them to generate
3-D (Discuss, Decide and Deliver) and a challenges. and provide the required data to the
three day interaction was organized with Registration is the most critical process authority in the shortest possible time.
key stakeholders from the government. in the product life cycle of agrochemical A cut-off timeline for the completion
Subsequently, the issues were deliberated products. Lengthy registration process of the first review by each division should
under the Chairmanship of the Secretaries be a maximum of 12 months. Unresolved/
of Agriculture and Chemicals. But Whenever we talk about recurring queries after two deficiencies
somewhere down the line the meetings can be resolved through face-to-face
have discontinued. There are decisions
reforms of this sector, it interactions. MRL setting also takes a lot
taken on certain aspects of the reform is viewed from the lens of of time and can be shortened if they can be
agenda, but not in a holistic manner. The MNC vs. domestic, import organized in parallel to registration review/
focus has to be brought back to the core grant. Another important provision that can
reforms outlined in the 3D agenda.
vs. indigenous, patented speed up registration is a mechanism to
The only lens through which the issues vs. unpatented and grant exigency/provisional registration for
should be viewed is through the lens of chemical vs. organic new molecules.
Science and Farmers. The reforms need As for the administrative capacity
[38] COLUMN www.indianchemicalnews.com

Proposed reduction in registration timelines

Proposed
No. Process Changes Current (Months)
(Months)

1. Import Permit Policy And Process Changes 4-6 Less Than 1

2. Pre-Submission Data Generation Policy Changes 30-36 18-24

3. Pre Submission Consultation New Addition 0 1

4. Pre-Scrutiny Process Changes 1-2 <1

5. Online Allocation Process Changes 2 <1

Process Changes. Administrative Capacity

6. Review 28-34 16 – 22
Changes
Mrl & Certification Of Registration
Process Changes
7. (Should Be In Parallel To Registration 3-4 0
New Addition
Grant
Total 68-84 38 –50
Total Reduction 30-34

changes are concerned, they can be the guidance/criterion/ data requirement product. This issue has been hotly debated
streamlined in the following lines: on minor change in formulations. from Satwant Committee to various other

-----
Thus, the whole process can be The need of this regulation is becoming committees. The industry is divided and
shortened to 30-34 months. far more significant as to help to substitute a closure to this issue will bring closure
Another issue which has been in the hazardous constituents with the safer to the other 80percent of the issues
discussion since 2012 is minor changes. ones and thereby helping compliance at outlined in the 3-D reform where there is
Crop protection products generally consist the international level and further improve consensus.
of at least one technical active substance the image of the agrochemical sector of Industry wants to bring the latest
and co-formulants. New scientific and India. technologies to India but the other set of
technical knowledge, economic demands, In other words, if one is to make such problems related to state licenses, sales
unavailability of supply, improved minor changes in the existing chemical permissions, arbitrary bans etc. need to be
per formance/classification/concerns composition, it qualifies as a new also streamlined.
regarding certain critical co-formulants formulation and requires to be registered Looking at the road ahead we need to
can make it necessary to change the with the total data package all over again ensure the following to take agrochemicals
chemical composition of products with under the Insecticides Act 1968 and Rules to the next level:
regard to their co-formulants. 1971 at present. • A predictable, science based policy
The key objective of minor changes This issue has been deliberated at and regulatory regime for the proper
is to overcome practical concern of various registration committee meetings in growth of the crop protection sector
significant and non-significant changes the last 7-8 years without any conclusion. to make our farmers and Indian
of the chemical composition of crop Provision of minor changes in formulations agriculture sustainable
protection products for India. While there will not only benefit the industry but also • Forward looking progressive
is no doubt that at present registration enhance the overall regulatory framework regulations which promotes innovation
authority are considering minor change by imbibing this internationally recognized and new product introduction to
proposal for ongoing registration on a best practice. address the current and future
case by case basis, this practice is risky The third and the most debated issue challenges of the farmers
as approval criteria is open ended (case- has been the issue of Regulatory Data • Encouragement to introduction of
by-case), and in absence of documented Protection. The data submitted by the first cutting edge technologies like Artificial
criteria, it is limiting Industry to come time registrant is given protection for a Intelligence, Drones and digitization in
forward as the approval is subjective. certain number of years the world over. service of the farmers
To bring clarity to this matter via written This is given for the registrant to not only • Public Private Partnership – we would
guidelines, a subcommittee needs to stabilize and steward the product in the like to be “Partners in Progress”n
be formed with Terms of Reference and market but also for recouping the massive (Views expressed by the author are personal)
stipulated term say 2 months for delivering investment he incurs in bringing the new
-----VENTURI DRYING SYSTEM FOR
HIGH-PRECISION FILM CASTING
This latest addition to our ranges – a high productivity film
 For ceramic tapes and edible,
manufacturing line incorporating our innovative Venturi dryer water soluble and optical films.
– delivers significant improvements in product quality while  Dry film thicknesses from
also enhancing production efficiency. 10-300 μm.
Metal foam
 Pilot plant available at
our Productivity Center in
Stuttgart.
 Minimizes the risk of skin
formation on the product.
 Outstanding reproducibility.
Steel belt
 Significant reduction in drying
Saturated air Wet film Metal foam Clean air section length.

ipco.com/filmcasting
[40] COLUMN www.indianchemicalnews.com

OLEOCHEMICALS: DRIVING
POSITIVE SUSTAINABILITY IMPACT
IN CHEMICAL INDUSTRY
Exploring technologies such as microbial production and enzymatic reactions to further
enhance sustainability in future

causing pollution.
Moreover, fats and oils can be easily
converted or derived into a variety of useful
chemicals, such as fatty acids, alcohols,
Vishal Sharma esters, amines, nitriles and quaternary
compounds. These derivatives have
CEO applications across numerous industries,
Godrej Industries making oleochemicals a versatile and
eco-friendly choice.

Application of oleochemicals

Oleochemical derivatives are

used in a wide range of industries,
including: Personal care, home care,
food and beverages, pharmaceuticals,
agrochemicals, paints and coatings,

T
he chemical industry produces a vast contribute to a more sustainable future in textiles, lubricants, oil and gas etc.
array of products essential to our daily the chemical industry. With growing consumer awareness,
lives. While it generates substantial Oleochemicals, derived from stringent regulatory requirements,
economic and social value, it also relies natural fats and oils such as palm oil, and heightened environmental
heavily on non-renewable resources and sunflower oil, rapeseed oil, canola oil concerns, oleochemicals are finding
raises significant environmental concerns. and coconut oil, offer a renewable and new applications in these segments.
Given the finite nature of these resources, sustainable alternative to traditional Additionally, oleochemicals play a
it is crucial to use and protect them petrochemicals. These chemicals boast significant role in the production of
judiciously. several environmentally friendly qualities, biodiesel, further emphasizing their
The industry must prioritize including biodegradability, low toxicity, importance in sustainable development.
the development of products that and the ability to decompose without
provide sustainability benefits and are Enhancing sustainability in
manufactured through green, sustainable oleochemicals at Godrej Chemicals
processes using renewable feedstocks. Oleochemicals play a
By adopting the principles of green significant role in the Godrej Chemicals is dedicated to
chemistry, chemical manufacturing production of biodiesel, integrating green chemistry principles
can achieve significant sustainability into our oleochemical production,
benefits, a fact that has garnered further emphasizing their emphasizing sustainable practices, and
considerable recognition in recent years. importance in sustainable minimizing environmental impact. This
Oleochemicals, derived from renewable development commitment positions us as a leader
sources, exemplify this approach and in the shift towards more sustainable
www.indianchemicalnews.com COLUMN [41]

industrial practices, offering a competitive often relying on aqueous media and neat from vegetable oil. Although this concept
and environmentally friendly alternative to reactants. was not viable in the early 1990s, it has
traditional petrochemicals. gained renewed interest and evaluation by
Advanced monitoring and safety: global leaders since the early 2020s. This
Renewable and safer feedstocks: innovation led to the introduction of Alpha
We employ monitoring techniques Olefin Sulfonate (AOS) in India, which is
We prioritize the use of bio-based such as HPLC and GC to ensure high now produced from Alpha Olefins obtained
renewable feedstocks, ensuring a product quality and minimize waste by the oligomerization of ethylene.
sustainable supply through controlled generation. Stringent controls and Furthermore, we pioneered the
agricultural practices. By adopting mitigating systems are implemented to manufacture of fatty alcohols from
sustainable practices like RSPO minimize the risk of chemical accidents, vegetable oils in India, continuing our
(Roundtable on Sustainable Palm Oil), including managing emissions and tradition of using renewable resources to
we promote circularity and reduce safely handling potentially hazardous create high-quality oleochemicals.
environmental impact. Our oleochemicals, substances. Additionally, we are exploring Our commitment to green chemistry
derived from natural sources, exhibit low technologies such as microbial production is evident in our continuous efforts
toxicity, making them ideal for use in home and enzymatic reactions to further to enhance the sustainability of our
and personal care products, including enhance sustainability in the future. By processes and products.
baby care products. integrating these practices, we emphasize
our commitment to sustainability and The GEM mantra: Guiding our path
Environmentally friendly processes: reduced environmental impact. to sustainability

Godrej Chemicals is dedicated to safer About Godrej Chemicals and our At Godrej Chemicals, our commitment
chemical synthesis by reducing toxicity commitment to green chemistry to sustainability is encapsulated in our
to human health and the environment. GEM Mantra, which stands for Green,
We are developing innovative catalysis Godrej Chemicals has a long Effective, and Multifunctional. This
methods using biobased catalysts, such history of innovation and commitment approach guides our product development
as enzymes and fermentation processes. to sustainability. As pioneers in the and operational practices, ensuring we
For instance, biodegradable surfactants Indian oleochemical industry, we have deliver high-quality, sustainable solutions.
derived from vegetable oils (Fatty Alcohol consistently led the
Sulfates and Ethoxylates) can replace way in developing
petro-based surfactants (Alkyl Benzene environmentally
and Nonyl Phenol) in household and friendly products and
personal care products, significantly processes.
reducing their environmental impact. Godrej was the
Additionally, the linear and aliphatic nature first company in
of vegetable oils and oleochemicals India to manufacture
makes them naturally and readily soaps from fatty
biodegradable, ensuring they break down acids, quickly
into harmless products and do not persist transitioning from
in the environment. animal fats to a
focus on 100%
Energy and waste efficiency: vegetable oil-based
fatty acids. This early
Despite the high energy requirements shift underscores
of traditional oleochemical processes, our long-standing
we offset this through benefits like cold- dedication to
processable formulation ingredients and sustainable
continuous efforts to enhance energy and renewable
efficiency. Our processes maximize resources.
material utilization, minimizing waste. We were also
For example, the fat splitting process the first organization
yields glycerine and fatty acids, both of in the world to
which are fully utilized, resulting in zero conceptualize
waste. We also minimize solvent use, making a surfactant
[42] COLUMN www.indianchemicalnews.com

Good and green: many of our pre-mixes are designed to be SL50 meets these needs with its non-
"Cold Processable," allowing customers toxic, biodegradable properties. This
The "G" in GEM signifies our dedication to prepare formulations without the bio-surfactant is not only an eco-friendly
to using oleochemical sources, ensuring need for heating. This conserves energy alternative to synthetic surfactants but
our products are green and renewable. and improves batch cycle time, further also promotes clean beauty throughout its
While we aim to maximize sustainability, contributing to our sustainability goals. lifecycle.
we recognize the need for practicality By incorporating the principles of We have optimized the production
and prefer to use the term "As Green as Green, Effective, and Multifunctional, of GCB-SL50 for commercial-scale
Possible." This reflects our commitment we produce products that we proudly manufacturing at a reasonable cost. The
to balancing environmental considerations refer to as GEMs. Each GEM contributes bio-surfactant offers several benefits: it
with the specific requirements of end-use to sustainability and green chemistry produces less foam, making it ideal for
applications. principles, ensuring that our products and cleansers and face washes; it is effective in
processes are environmentally friendly and anti-acne and anti-dandruff formulations;
Effective and efficient: efficient. and it is naturally mild, making it suitable
Our GEM Mantra is more than just a for baby and sensitive skin products.
Effectiveness is central to our guideline; it is a commitment to producing Additionally, GCB-SL50 excels in color
sustainability efforts. By enhancing the innovative solutions that meet the highest dispersion for cosmetics like lipsticks
delivery of active ingredients through standards of sustainability. Through and eyeliners. It also functions as a super
additives like penetrants and solubilizers, this approach, we lead the way in the emulsifier/dispersant, forming micro
we create formulations that are more oleochemical industry, fostering a greener and nano emulsions for applications in
efficient and economical. This means and more sustainable future. personal care, home care, agro products,
using less of the active ingredients, which and more.
reduces both costs and environmental Bio-surfactants: The future of GCB-SL50 is poised to revolutionize the
impact by minimizing waste. Our focus sustainable and high-performance personal care industry with its sustainable
on effective formulations supports our oleochemicals and high-performance properties, meeting
overarching goal of promoting sustainable the growing demand for eco-friendly and
practices. GCB-SL50, a sophorolipid developed effective products.
by Godrej Chemicals, represents a
Milder and multifunctional: significant advancement in sustainable Conclusion
chemistry. Produced through yeast
Multifunctionality is a key tool in fermentation using renewable non-edible Godrej Chemicals is advancing
reducing the use of multiple chemicals. vegetable oil feedstocks, GCB-SL50 sustainability in the chemical industry
For instance, our bio-surfactant serves combines green chemistry principles with through the innovative use of renewable
as an emulsifier, dispersant, antimicrobial a reduced carbon footprint. oleochemicals. By integrating green
agent, and cleaning agent, all in one. This Consumers are increasingly chemistry principles, we prioritize eco-
reduces the need for additional chemicals demanding natural, mild products made friendly processes, renewable feedstocks,
and simplifies formulations. Additionally, from renewable resources, and GCB- and efficient resource utilization. Our GEM
Mantra—Green, Effective
and Multifunctional—ensures
the development of high-
quality, sustainable solutions.
The introduction of bio-
surfactants exemplifies our
commitment to innovation,
offering a biodegradable
and non-toxic alternative to
synthetic surfactants for a
variety of applications. This
commitment to sustainable
innovation drives us to
create impactful, eco-friendly
solutions that will shape
the future of the chemical
industry.n
[44] COLUMN www.indianchemicalnews.com

DISCOVERING THE EDGE:

PIP SETS THE STANDARD FOR
CHEMICAL CLUSTERS
Fast emerging as an optimal choice for emerging industries, the park boasts of cutting-edge
infrastructure, water resources, waste management and best connectivity

I
ndia's recent economic surge owes Delhi-Mumbai Industrial Corridor via National investments in Asia. The West India PCPIR,
much to its industrial growth, bolstered Highway 48, PIP enjoys proximity to three covering 453 square kilometres, has secured
by specialized zones like industrial parks. major ports - Dahej, Kandla and Mundra - all the necessary environmental clearances,
These hubs provide essential infrastructure located on the western coast and renowned significantly streamlining the process of
and services vital for sectors such as as India's largest ports. Furthermore, PIP setting up industries in the region.
manufacturing and logistics to thrive. is conveniently located near two major
Inspired by this model, Arete Group’s international airports, Surat and Ahmedabad, Optimal infrastructure for industrial
groundbreaking venture, PIP (Payal Industrial and benefits from its proximity to the western growth
Park) located in Dahej PCPIR (Petroleum railway network, enhancing its accessibility
Chemicals and Petrochemical Investment and connectivity for industrial operations. Adequate infrastructure is essential for
Region) has emerged as an ideal destination PIP, situated in Gujarat, a state renowned
any industrial park, as its absence can lead
for burgeoning industrial sectors aiming for its robust economy and to delays and increased expenses.
for sustained growth and contribution to dynamic industrial landscape, PIP stands out for its meticulously
India's GDP. emerges as an ideal destination planned infrastructure in a resource-
Spread across 3,500 acres, PIP offers for both established enterprises rich state, designed with the utmost
state-of-the-art infrastructure, ample water looking to expand and emerging care by CH2M Hill. The park boasts
resources, efficient waste management, industries aiming to establish essential amenities, with master
and multi-modal connectivity. Its strategic their presence in the competitive global planning ensuring a conducive environment
positioning within Dahej PCPIR near market. Its strategic location enhances its for industrial operations. Approved for a
Gujarat's industrial hubs translates into lower appeal, offering proximity to key markets total of 92 MLD of treated water, with 50
transportation expenses and quicker delivery in Southeast Asia, the Middle East, Europe MLD in Phase 1 and a 66 kVA substation
schedules for vital cargo. and Central Asia, enabling industries to within the park, PIP ensures a reliable
capitalize on the vast potential of these supply of resources. Additionally, the park
Strategic location: Key for chemistry regions. Additionally, PIP plays a crucial role
benefits from its proximity to 33 planned and
of success in the Indian government's PCPIR program, operational substations in the surrounding
designed to boost chemical industry area, ensuring uninterrupted power supply.
Finding an ideal industrial park tailored PIP is also developing a 2.5 MLD
to their needs often becomes a multifaceted CETP in Phase 1, with approval for
and challenging endeavour for the chemical a total of 50 MLD CETP from the
companies. One of the major challenges Chemical excellence Ministry of Environment, Forestry
is selecting a location that minimizes
transportation costs while ensuring
flourishes at PIP: Here's why & Climate Change Department,
and a 40 MLD deep sea discharge
proximity to suppliers and skilled labor is • Strategic Location line in the GIDC pipeline. With
paramount for business success. • World Class Infrastructure shovel-ready plots available,
The central location helps PIP to • More Cost Effective construction can commence
capitalize on its multi-modal connectivity, • Latest Amenities and Facilities immediately, making PIP an ideal
providing easy access to ports, railways, • Support For Regulatory & Approval Processes choice for businesses seeking a
airports and highways. Positioned on the seamless setup process.
www.indianchemicalnews.com COLUMN [45]

Cutting-edge effluent processes, including obtaining

treatment facility environmental clearances,
securing water and electricity
PIP boasts a state-of-the-art CETP connections, managing
(Common Effluent Treatment Plant) that sets construction and acquiring
new standards with its comprehensive inlet sufficient manpower. Even after
norms for chemical industries. The project, establishment, ongoing support
a pioneering effort in India, targets an inlet is crucial for smooth operations.
COD (Chemical Oxygen Demand) level of PIP's focus lies in supporting
5,000 ppm, intending to treat parameters all non-core activities and
to meet marine discharge COD norms of creating valuable products
250 ppm. This innovative approach allows around them. The primary goal
most chemical industries to focus solely of PIP is to enable industries to
on establishing their preliminary treatment concentrate on their core activity
processes without the need for installing of manufacturing services
biological treatment processes on their and establishing markets.
premises, thus saving on the treatment cost. PIP provides solutions for
This not only simplifies the setup process regulatory approvals and Strategic market access
but also optimizes space utilization for compliance, such as those • Providing a convenient access to the Indian
manufacturing purposes. from Gujarat Pollution market, PIP has readily available workforce and
Control Board, as well as ancillary products within the industrial cluster. It
World class experience center water procurement, waste stands as an ideal location for water-intensive and
treatment and disposal and pollution-creating industries such as chemicals,
PIP boasts a one-of-a-kind, livability solutions. In addition agrochemicals, fertilizers, dye intermediates,
technologically advanced Experience to infrastructure, PIP places a pigments, polymers, rubber, metals, and more.
Center within the PCPIR. This center offers strong emphasis on creating Industries associated with PIP are poised to gain a
an immersive tour, providing industry value-added services around significant advantage in the Indian market
professionals with a first-hand look and these non-core activities.
feel of the facilities. The Experience Center The Ministry of
sets PIP apart from other industrial parks, Environment, Forest and
offering a three-dimensional virtual tour Climate Change (MoEFCC) has granted Chemicals, Indospec Chemicals, Hindalco,
that simplifies and enhances the experience PIP Environment Clearance under 7(C) A and Samnan Chemicals. In Phase 1, the
for visitors. Industry professionals are Category. This clearance enables industries CETP is fully operational in the current year
taken on an insightful demonstration tour in sectors such as Chlor-Alkali, Fertilizer, along with essential infrastructure facilities
of the park, showcasing its exceptional Agrochemicals, Petrochemicals, Textiles, such as water supply, drainage, roads and
facilities and providing inspiration for Dyes & Dye Intermediates, Pigments & electricity. Additionally, physical office
businesses seeking space or fresh ideas. Pigment Intermediates, Synthetic Organic spaces are available for companies to use
Since its establishment, this cutting-edge Chemicals, Specialty Chemicals, Polymers while setting up their industries, ensuring
facility has engaged and educated industry and Inorganic Chemicals to swiftly begin uninterrupted work processes.
players through its ground-breaking virtual construction of their greenfield projects. As businesses seek fertile ground to
experience. Visitors from around the flourish and expand, PIP stands out as a focal
world can gain insight into planning and The perfect destination for breaking point for driving commerce and innovation,
envisioning their future expansion, providing ground perfectly aligned with the visionary aims of
a glimpse into their new manufacturing the Arete Group to serve as a formidable
plants' operational look and feel. During the course of the last two years, growth engine for enterprises across the
PIP has successfully done business with nation. By leveraging the inherent strengths
Assistance with ancillary tasks several renowned clients who have begun of this mega industrial park, the chemical
setting up their industries. Notable clients industry is poised to unlock new avenues
Locating suitable industrial land include Yasho Industries, Spak Orgochem, of growth, innovation, and socio-economic
involves navigating numerous approval Silox India, Halcyon, Neogen Ionics, Gharda development.n
[46] COLUMN www.indianchemicalnews.com

SECRET OF LONG LIFESPAN,

EFFICIENCY AND RELIABILITY
OF GRAPHITE EQUIPMENT
Fluoropolymer resins used to impregnate the equipment graphite have a significant impact on
the properties of the graphite

as venting unwanted volatiles from base

PET Coke. The density of binder pitch is
higher than the PET Coke and thus implies
that the resultant properties of graphite
Yogesh Khairnar depend upon the combination of PET
Coke and binder pitch. More the binder
Director
pitch, more is the resultant density and
Anticorrosion India
vice versa. Intermediate graphite is then
(Formerly SGL Carbon India)
taken to pressing by way of Extrusion or
Vibro molding or Isostatic compression
followed by carbonization. This is one
critical step in manufacture of graphite
and any deviation in the process will lead
to production of inferior quality graphite.
Graphite is naturally a porous material
and hence it must be impregnated
with Fluoropolymer resin in controlled

I
mpregnated graphite is being used for type of resin, combinations of pressure, autoclave cycles at various combinations
the manufacture of pressure vessels to vacuum and temperatures for different of pressure and temperatures for specified
handle highly aggressive media viz. acids holding periods during impregnation periods as given in proprietary recipe.
and alkalies. It provides an opportunity to cycles and any other steps to produce the
have unique raw material considerations desired grade of impregnated graphite.
for design, fabrication and testing. Metallic Graphite is basically manufactured by
vessels are made from materials having finely grinding PET Coke residues available
well established allowable stresses based from petroleum refineries mixed with
on measured values of tensile and ductility the coal tar binder pitch with preliminary
properties. On the other hand, the parts heat treatment for proper binding as well
made from impregnated graphite are
brittle and the properties of the parts are Graphite is basically
dependent upon the fabrication process.
There are no published specifications manufactured by finely
for impregnated graphte. These are grinding PET Coke
made from different combinations of residues available from
graphite grades and impregnating agents.
Impregnated graphite manufacturing petroleum refineries mixed
process is specified by the manufacturer with the coal tar binder
and is proprietary. The “specified pitch
processes” include grade of graphite,
www.indianchemicalnews.com COLUMN [47]

Effect of excess binder pitch and fluoropolymer resin on properties of Graphite manufacturer and
may also vary the
No. Property High Binder Pitch High Resin grades of graphite
manufactured.
1. Conductivity Lower Lower Hence it calls for
very tight control
2. Density Higher Higher on impregnation
process to ensure
3. Compressive strength Lower Lower the material
achieves specific
4. Tensile strength Lower Lower minimum values
of specified
5. Porosity Lower Lower properties.
Almost all
6. Heat transfer co-efficient Lower Lower
the impregnated
7. Heat transfer efficiency Lower Lower
g r a p h i t e
manufacturers
8. Corrosion resistance Lower Lower in India uses
Extrusion process
while blocks made
Fluoropolymer resins are bad conductors to gases and liquids and make it suitable by Vibro molded or Isostatic method are
of heat and electricity. Use of these for construction of pressure vessels/ imported from various countries like
fluoropolymers should be as optimum equipment. However, Fluoropolymer resins Germany, France, Italy, USA, China etc.
as possible to make it impervious but used to impregnate the equipment graphite Blocks made from Vibro mold/Isostatic
preserve thermophysical properties of have a significant impact on the properties method have lower porosity than that
resultant impervious graphite very close of the graphite. The impregnation cycle of Extrusion method and require less
to pure graphite and make it impervious and resin type vary from manufacturer to Fluoropolymer resin impregnation.n
[48] INTERVIEW
COLUMN www.indianchemicalnews.com

DHANUKA TO SCALE
UP BIOLOGIQ BUSINESS
IN FY 2024-25
Company will continue to focus on meeting the evolving needs of farmers while promoting
sustainable and responsible agricultural practices

more emphasis being directed towards

innovation in developing safer and more
environmentally friendly alternatives.
The discovery of a new molecule costs
Dr. Ram Gopal a whopping Rs. 3,000 crores and a time
Agarwal span of 8 - 10 years. This has reinstated
acquisition of mergers of many MNC’s
Chairman in recent times significant few among
Dhanuka Group which includes Dow-Dupont, Bayer-
Monsanto, FMC-Cheminova, Excel crop
Care-Sumitomo, and many more. Thus,
whatever research & development in this
sector is happening, they are in advanced
countries like Japan, USA, Germany
and Europe. As a result, meagre new
technologies and pesticides solutions are
coming.
What are the emerging trends like drones, satellites and sensors are India is perhaps one of the countries
that you foresee for the global enabling farmers to apply agrochemicals with lowest number of 330 pesticides
and Indian agri-input sector in 2024? more precisely and efficiently, reducing registered for use, compared to more than
unnecessary waste and environmental 1,100 chemistries that the world has and
Globally, the agrochemical industry is impact. out of 330 pesticides a number of them
shifting from red triangle toxic products to Also, there is an increased awareness are outmoded/banned or facing issues
new green chemistry products which are regarding safety of pesticides exacerbated awaiting of their discontinuation by the
used in minute quantity in production, in by the myths spread by unknown entities developing countries, for whom perhaps
comparison to earlier products which were for vested interests. Thus, there is continuing than beyond the IPR regime
used in larger volumes. may not be adequately remunerable. Our
The global agrochemicals market Dhanuka Agritech aims to farmers thus have very limited choices
is expected to grow at a CAGR of 3.7% of product solutions to control pests and
from 2023 to 2028, reaching a value of make strategic decisions diseases emerging due to climate changes.
US$ 282.2 billion by 2028. This growth that create value for all Thus, data exclusivity for new
is driven by factors like rising population, parties involved while formulations/chemicals need to be
emergence of invasive pests due to introduced and registered for the first time
globalization in agriculture and climate advancing its mission of in the country for a defined period is highly
change, increasing food demand and empowering farmers and essential for the discoverer to encourage
focus on improving agricultural yields. supporting sustainable introduction of new product solutions. This
There is perceptible shift towards data protection is paramount to attract
precision agriculture. Technologies agriculture prospective countries to invest in India.
www.indianchemicalnews.com INTERVIEW [49]

Data protection in other countries are not Dhanuka is investing in in cutting- evolving consumer preferences and
unusual. Countries like USA, Canada and edge technologies, collaborating with how do you see the future product
Thailand provide data protection for 10 research institutions, leveraging their roadmap?
years. Even countries like China, Indonesia resources and fostering a culture of
and Malaysia have provisions of data creativity and experimentation, validating Dhanuka Agritech has well adapted
protection for 6 years. the technology of public institutions to to changing market conditions. It is
On the contrary, the existing Indian facilitate commercialization and driving envisaging its industry roadmap to
regulation does not have provision for breakthroughs to bring exciting novel reach up to the consumer preferences
data protection. This is despite the synergistic new products and solutions to by focusing on R&D to create innovative
recommendations by eminent govt. market. products tailored to meet the demands
authorities/committees constituted by the Some of the most exciting research of modern agriculture. We have expanded
govt. to have a provision for Protection of areas that the company is currently our product range to include sustainable
Regulatory Data (PRD) 3 to 5 years for exploring include: Precision Farming, and eco-friendly biologicals solutions in
encouraging new chemicals in India. Biologicals and Bio-stimulants, Genomic response to growing consumer interest.
Furthermore, India being signatory to and breeding technology, Digital Farmer Additionally, we have invested in
WTO & TRIPS where there is an agreement Solutions, Sustainable Agriculture digital technologies to offer smart farming
of PRD under the section 39(3), for 5 to Practices, Crop-Protection Resistance solutions and helping farmers increase
15 years as indicated above, India too can Management and Climate Resilient crops. efficiency and productivity. We also
conveniently create a provision for data To shape the future roadmap of an invested in Fyllo, precise and AI-driven
protection under Insecticide Act, 1968/ agrochemical company with sustainability advice to farmers in order to help them
PMB 2020. and achieving net carbon zero, several increase their crop productivity and lower
key strategies can be implemented. input cost. Ensuring 100% customer
What is your take on the Pesticide These include adopting precision farming, retention reflects the farmer’s confidence
Management Bill (PMB), 2020? organic alternatives, promoting integrated in Fyllo’s offering. This will contribute to
pest management, use of carbon neutral transforming India through agriculture.
The PMB 2020 does not enable justice pesticides, practising carbon sequestration As for the future product roadmap,
in present form and level playing field through encouraging agro-forestry, Dhanuka will continue to prioritize
between the genuine industry and so- promoting conservation agriculture, crop sustainability, innovation and technology
called fly-by-night operators. A stringent rotation etc. integration aiming to enhance lives and
penalty with fine up to Rs. 50 lakhs and 5 Also, through investment in R&D of livelihoods of the farmers. Overall, the
years imprisonment without differentiating green technologies, such as bio-based company will focus on meeting the
between the habitual offenders and pesticides, biodegradable packaging and evolving needs of farmers while promoting
unintentional instances in case of eco-friendly formulations, implementation sustainable and responsible agricultural
genuine companies is not rational. Such of measures across the supply chain from practices.
a provision discourages the investment production to distribution, by investing
by the prospective national or international in renewable energy sources, optimizing Company's performance in the
industries. transportation logistics and participating agri-biological segment after its
Besides, there are number of in carbon offset programs can shape foray in 2023? How did the market
unintended ambiguities in the PMB which the future roadmap of companies. respond to BiologiQ range of
if not revised and implemented by the Collaboration among various stakeholders products?
inspectors in true spirits will promote is very important.
proliferation of spurious grey market and By integrating all these strategies in its We have launched six biological
lead the unethical players go scot-free. roadmap, an agrochemical company can products: Whiteaxe, Sporenil, Nemataxe,
position itself as a leader in sustainability Downil, Omninxt and Myconxt - in 2023
Companies approach to R&D for and contribute to building a more under the umbrella brand: BiologiQ. It
new technologies and products. environmentally conscious future. has been able to practice sustainable
How will it shape the future roadmap agriculture with a successful business of
of the company keeping sustainability How has the company adapted to Rs. 2.05 crore during FY 2023-24.
and net carbon zero in picture? changing market conditions and Post launch of BiologiQ, our channel
[50] INTERVIEW
COLUMN www.indianchemicalnews.com

through several strategies: Providing farmers with comprehensive

We have given field Innovation: We are continuing to invest training, education, and technical support
demonstrations, field in R&D to create new and advanced crop on the use of crop care products can
meetings and flagging off care products. We are also introducing and enhance customer loyalty and satisfaction.
developing formulations with improved This can include conducting workshops,
vans under the banner of efficacy, safety and environmental field demonstrations and providing access
associations to educate sustainability which are transforming to online resources and agronomic advice.
farmers about the safe farmers’ lives. By implementing these strategies,
Market Expansion: The company is Dhanuka Agritech aims to strengthen its
and judicious use of exploring new geographical markets to position in the crop care product segment
pesticides expand its reach and customer base. This and drive sustainable growth in the
could involve entering emerging markets agricultural industry.
partners appreciated this new initiative as or regions where there is a growing
contribution to enhance life of farmers. demand for crop care products. How are you planning to grow
We started BiologiQ business in Gujarat, Product Diversification: We aim your business in the coming
Karnataka, Tamil Nadu, Maharashtra to diversify its product portfolio by years?
and Andhra Pradesh and received very introducing a wider range of sustainable
encouraging response through various crop care solutions tailored to cater Dhanuka Agritech plans to grow its
demand generation activities. different crops, pests, and environmental business by:
With such innovative practices, conditions. This can help in capturing a Focus on Sustainability: Increasing
Dhanuka envisages to scale up the larger share of the market and meet the the development and promotion of
BiologiQ business in FY 2024- diverse needs of farmers. sustainable agricultural solutions, such
25 by employing other novel Partnerships and as biopesticides and precision farming
microbes and expanding its area Collaborations: Collaboration technologies, to align with changing
of operations in other states and with agricultural research consumer preferences and environmental
increasing customer reach. institutions, universities, and regulations.
other companies can help Digital Transformation: Embracing
How does the company Dhanuka Agritech access new digital technologies to offer smart farming
plan to augment its technologies, expertise and solutions that improve farm efficiency,
position in the crop care distribution channels. Effective productivity, and sustainability, while also
product segment? partnerships can also facilitate providing data-driven insights to farmers.
market penetration and brand building International Expansion: Expanding
Dhanuka Agritech plans to augment its efforts. into new international markets with tailored
position in the crop care product segment Customer Education and Support: products and strategies to meet the
specific needs and requirements
of different regions and crops.
Acquisitions and
Partnerships: Exploring
strategic acquisitions and
partnerships to enhance product
offerings, gain access to new
markets and strengthen the
company's competitive position
in the industry.
By leveraging these growth
drivers and strategies, Dhanuka
Agritech aims to achieve
sustainable revenue growth and
maintain its position as a leading
player in the agricultural sector.

How do you determine

the appropriate level of
Capex for the company, and
www.indianchemicalnews.com INTERVIEW [51]

what factors do you consider while ethical standards and corporate We have tied up with various
evaluating potential investments in governance principles in all its operations, universities. We have given field
new facilities or equipment? ensuring compliance with regulations demonstrations, field meetings and
and fostering trust and credibility among flagging off vans under the banner of
There are two types of Capital Expenses stakeholders. associations to educate farmers about the
(Capex): For the ongoing factories which is Long-Term Sustainability: The safe and judicious use of pesticides and
in the range of generally Rs. 10-15 crores company takes a holistic approach our company is also running vans, and
per annum. to decision-making, considering the printing posters in the regional languages
Any further Capex is driven by any long-term impact on environmental for farmers' awareness and judicious use
other expense based on the project. There, sustainability, social responsibility and of crop protection chemicals.
the Capex is approved after evaluating economic viability to enhance lives of Our initiatives include promoting
RoI, future potential, backward/forward the farmers. This includes promoting integrated pest management, investing
integration. sustainable agricultural practices, in research for eco-friendly pesticides,
minimizing environmental footprint and supporting farmer education programs
How do you balance the demands contributing positively to the communities and actively participating in sustainable
of customers, shareholders and in which it operates. agriculture partnerships.
other stakeholders when making By carefully weighing the interests and
strategic decisions about the future of expectations of customers, shareholders New areas which are opening up
the company? and other stakeholders, Dhanuka Agritech for agrochemical companies and
aims to make strategic decisions that what's the role that you foresee for
Dhanuka Agritech employs a strategic create value for all parties involved while your company?
decision-making process that takes into advancing its mission of empowering
account the following considerations: farmers and supporting sustainable There are opportunities in generating
Customer Needs and Preferences: agriculture. sustainable innovation and new avenues
The company prioritizes understanding of market access. For example, developing
and meeting the needs of its customers by Overview of the company's bio-based and precision agriculture
offering high-quality products, excellent sustainability initiatives and how solutions: This aligns with consumer
customer service, and innovative solutions do you plan to reduce your demand for sustainability and increased
that address agricultural challenges environmental impact while still efficiency.
effectively. delivering value to customers and We are focusing on emerging
Shareholder Value: Dhanuka Agritech shareholders? markets, and making efforts to
strives to generate sustainable long- expand presence in regions with high
term returns for its shareholders by Our organization envisions a future agricultural potential and increasing
making strategic decisions that enhance where agriculture is not only productive demand for food production. We see
profitability, efficiency and growth but also sustainable. We aim to reduce opportunity in developing small-scale,
opportunities while managing risks environmental impact, promote affordable solutions for resource-
effectively. biodiversity, and ensure the well-being of limited farmers. This can improve
Stakeholder Engagement: It engages farming communities through responsible access to essential agrochemicals
with various stakeholders, including and sustainable agricultural practices. in developing countries. We are also
employees, suppliers, distributors, We have increased our solar power strengthening building responsible
regulatory authorities and local generation from 257 KW to 725 KW. We and strong partnerships with local
communities, to ensure their interests are reducing our solvent consumption distributors and retailers that will
and concerns are considered in decision- by moving towards water-based further ensures efficient distribution
making processes. This could involve formulations. We are signatory to plastic and reach in rural areas. A unified
maintaining transparent communication, waste management initiative, and we approach will require to leverage digital
seeking feedback and addressing social have installed water treatment facilities platforms for e-commerce and direct-
and environmental responsibilities. within our factories and using the treated to-farmer sales: This can provide
Ethical and Responsible Business water for gardening and domestic purpose convenient access and improved
Practices: Dhanuka Agritech upholds instead of fresh water. market information.n
[52] INTERVIEW
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NEW INVESTMENT TO RESULT IN

GROWTH OPPORTUNITIES FOR
CHEMICAL MANUFACTURING
The company has already taken steps to become not just a manufacturer of the chemical
intermediates but an approved partner that supplies 'Fit for Effect' compounds and
formulations

for the entire chemical manufacturing

landscape of related and downstream
products in the chemical and material
science applications landscape.
Maulik Mehta Capex invested in FY 2023-24
ED & CEO and projects where it was
Deepak Nitrite invested? Capex investment for FY
2024-25 and projects where you are
planning to invest?

Deepak's considerable investment plans

are in line with its 'Right to Win' framework
which includes upstream, downstream
and sunrise segments. It has also invested
into sustainability initiatives which will
result in value accretion from FY25
2024 Industry trends/challenges during FY 2023-24 and what's your onwards. In FY 2023-24, Deepak Chem
in Advance Intermediates, Phenol forecast for FY 2024-25? Tech Limited (DCTL) has inked MoU worth
and Acetone? Rs. 14,000 crore with the Government of
Deepak is working towards a well- Gujarat for manufacturing Polycarbonate,
2024 is a year where 90% of the articulated goal for the next four years. Its Methyl Methacrylate (MMA)/Poly
democratic world goes into elections, current business and new investments will Methyl Methacrylate (PMMA) Resins &
which generally result in a vote focused and result in compounded growth opportunities Compounds.
short-term bias. It is also fraught with geo-
political volatility and for agrochemicals, an When are you planning to
El Nino year adds additional uncertainties. In FY 2023-24, Deepak manufacture these products and
Despite these uncertainties, we see several Chem Tech Limited Capex investment that you are
signs of recovery, and India continues to planning to make and for what time
stand out in its business optimism. We, (DCTL) has inked MoU duration?
though, must be vigilant of possibilities of worth Rs. 14,000 crore
increased chemical dumping from our large with the Government of The capital investment plan announced
neighbour to maintain the sector’s agility assumes stagewise commissioning for
and resilience for powering India’s trillion- Gujarat for manufacturing multiple projects over the next 3-4 years.
dollar dream. MMA/PMMA resins & The company has already taken steps
compounds to become not just a manufacturer of the
How has Deepak Nitrite performed chemical intermediates, but an approved
www.indianchemicalnews.com INTERVIEW [53]

partner that supplies 'Fit for Effect' The world sees India as a ‘China has made significant progress. When
compounds and formulations to marque +1’ destination for manufacturing. do we see commissioning of this plant?
end customers. Deepak Nitrite acknowledges the strong
possibilities and demand for chemicals in We have announced commissioning.
Deepak Nitrite has signed a term India itself, to make it a dynamic and sought Presently, ramp up is going in a safe and
sheet with Petronet LNG to offtake after destination in itself. So, we should phase-wise manner.
250 KTPA of Propylene and 11 KTPA of strive to Make India as ‘The One’, the right
Hydrogen for 15 years. How will this destination for manufacturing. To realise Other expansion projects
help Deepak Nitrite in the long run? this, policies need to formulate and invest including MIBK, MIBC, and
in key infrastructure development be it road hydrogenation among others are
The term sheet with suppliers allows connectivity, ports, SEZ and integrated taking shape and will be commissioned
Deepak Nitrite to derisk its investments chemical hubs. as per plan. What's the update on this
and reduce its dependency on multi-modal Proactive policy support and procedural front?
transport of hazardous raw materials. It clearance will help in cutting the red-tape
is pertinent to note that the mission for and pave the way for development and give Projects will be commissioned in various
Petronet LNG is well aligned with Deepak's confidence to MNCs to set bases in India. quarters of the current financial year.

in building a resilient chemical ecosystem ‘Skill-Developed India’ will be a backbone Initiatives taken by Deepak Group
for India's growth story. to sector development. Government and for enhancing process safety
company supported R&D, training and across all facilities/processes to make
What strategy should India adopt learning centres will up-skill youth to be operation intrinsically safe?
to become a global manufacturing industry-ready and be ready for jobs of
hub for Advance Intermediates, Phenol tomorrow. Deepak cares for people and the planet.
and Acetone products? What role does Our processes are guided by steadfast
Deepak Nitrite see for itself in making Construction work of Photo adherence and compliance to safety. Our
India a global manufacturing hub? Halogenation and Fluorination operations at plants have received ISO
[54] INTERVIEW
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certifications. Deepak Nitrite is one of only What is the sustainability

40 companies certified to use ‘Responsible roadmap of Deepak Nitrite? Proactive policy support
Care’. Safety and quality go hand in hand What's the sustainability plan for
Deepak Nitrite in FY 2024-25? and procedural clearance
and at our units, we have adopted 5s and
six sigma practices to ensure productivity will help in cutting the
backed with safety. This year, Deepak Deepak Nitrite will publish its first red-tape and pave the way
Nitrite Limited received “Score ‘B’ which Sustainable Report in 2024. Guided by the for development and give
is in the management band, signifying our philosophy of Responsible Chemistry, we use
transparency and innovativeness in creating new technology to capture new products from confidence to MNCs to set
safety culture in the company. downstream, as well as frugal and judicious bases in India
use of water and steam to reduce dependence
What is the update on Deepak on natural water sources. In 2023, we states covering underprivileged children.
Research & Development Centre? recycled over 420,000 KL water and planted Project Neem Satva offers silk
When are you planning to make it 55,000 trees. We operate the lowest thermal development and economic empowerment
operational and how will it help Deepak footprint phenol plant in the world. to women in rural communities, helping
Nitrite in the long run? the Self Help Groups to create livelihood
Key CSR initiatives of Deepak opportunities by making and selling soap,
Our R&D facility is crucial to our Nitrite in FY 2023-24? Plans for sanitizer and hand wash. Education and skill
success with its ability to develop FY 2024-25? development for over 150 Divyang children
advanced intermediates which requires at the Gujarat State run Samaj Suraksha
complex chemistry and engineering. Its Deepak Medical Foundation has Sankul in Vadodara.
state-of-the-art pilot facility acts as a conducted over 115,500 diagnostic tests and Project Sangath community-
bridge between R&D trials and commercial 20,200 patients in rural communities along based intervention aimed at increasing
production, allowing us to deliver quality with health and medical camps and mobile- convergence of eligible households under
products seamlessly. We are targeting health units to serve 129,750 OPD cases. government schemes and social safety
this financial year or very early in the next Project Vivek Vidya offers story books, net programmes, benefitting over 85,000
financial year. learning material to over 8,000 across three families.n
[56] INTERVIEW
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LOOKING TO ADD SPECIALTY

CHEMICALS TO OUR PORTFOLIO
We increased our Ethanol capacity from 200,000 to 320,000 litres per day. Later, we
increased the capacity from 320,000 to 400,000 litres per day and now we have gone from
400,000 to 600,000 litres per day

with reasonable cost which refers to

Capex and Opex. Sugarcane processing
companies save bagasse (8-9% on
cane) and so have abundant feedstocks.
Samir S. Somaiya Secondly, the distilleries make Ethanol
seasonally. They have idle capacity.
Chairman and Managing Director The idea is to use this idle capacity with
Godavari Biorefineries a bolt-on facility to make Ethanol from
bagasse with the addition of bagasse pre-
treatment. So, there is no need to create
a new facility all the way from biomass
pre-treatment, collection, pre-treatment,
fermentation and purification. We just
need the treatment of the biomass to
convert to sugar for fermentation. This is
the whole concept and we want to try and
pioneer and see how it is possible.
How does Godavari Biorefineries demonstrate the making of surplus power
contribute to development and from bagasse. In the recent past, we were
production of sustainable bio based When do you see this finally
among the first companies to demonstrate shaping up?
products? the use of sugarcane juice/syrup as a
feedstock for making Ethanol in India. To be able to demonstrate this
Biorefinery means conversion of an in a reasonable manner, a policy
agricultural biomass into food, energy, The company received a Rs. 15 environment needs to be in place. The
biofuels, compressed biogas and even crore grant from the Department creation of PPAs (Power Purchase
electricity. It also means conversion of of Science and Technology. Can you Agreements) enabled sugar mills
biomass into chemicals and materials. please share the details? to install power plants. Similarly, a
Godavari has always been pioneering mandate for Ethanol blending with a
the conversion of biomass into these In biorefining, there is a need to have declared price for juice/syrup helped
products. In the 1940s, it was sugarcane access to biomass and the question that create that investment). Similarly, a
cultivation and sugar production. In the we are trying to ask is how it can be done policy framework for 2G Ethanol will
1950s, it was the conversion of molasses help spur investment. The moment
to Ethanol. In the 1960s, we started small We are looking at finding we create a framework and a market,
in making chemicals from Ethanol. In the only will then one allow or incubate
1990s, we were one of six projects in the ways to extract potash innovation to make it happen.
country to be chosen by USAID to show out of the ash of the
how climate change can be mitigated by incineration boilers in a How favourable government
greenhouse gas mitigation projects. We policy is accelerating growth of
were awarded a grant from the USAID to distillery bioenergy, Ethanol and bio-based
www.indianchemicalnews.com INTERVIEW [57]

speciality chemicals? At the G20 Are you also looking at focusing

We have already received necessary
Summit, many nations came together on CBG? How many plants are
approval from the government. It will help
to create an association for Ethanol. you planning to set up?
us as a dual feedstock and lead to risk
How will this help companies like you
We will certainly do that and at the mitigation. As it is a short-term crop, in
in the long run?
moment we are exploring the setting up case there is a monsoon failure, it also
One is the Indian context and the of a CBG plant. gives us a twin feedstock to run our
other is the global context. In India, there facilities, enhancing capacity utilization of
is a need to have energy security that How is Godavari contributing to the distillery. Grain-based plant is being
supplements and substitutes the energy the Government of India's planned for two lakh litres per day.
that the country imports from overseas. ambition on these fronts?
India is rich in biomass and the policies What are your plans for bio-
have to encourage the conversion of As mentioned, we were the first off based chemicals?
biomass. The government mandates the post when the policy of Ethanol from
Ethanol blending and is targeting 20% sugar cane juicer syrup was announced. In addition to making our Ethanol
blending in the next couple of years. We increased our Ethanol capacity facility, multiple feedstock facilities, we are
Similarly, there is a mandate that is going from 200,000 to 320,000 litres per day. also looking to add Specialty Chemicals to
to come for Compressed Biogas (CBG). Later, we increased the capacity from our portfolio. We believe that the use of
India has to look at it also from an 320,000 to 400,000 litres per day and bio-based biomass to make chemicals,
energy security as well as climate change now we have gone from 400,000 to and in particular Speciality Chemicals,
angle. India is committed to achieve net 600,000 litres per day. We are very active is going to be also an area of future
zero by 2070. in increasing the Ethanol programme. development.
Moreover, India has a lot of small We are looking at grain and maize as a There is a big thing of looking at
farmers and their income security feedstock in the coming future to make biogenic carbon as a feedstock compared
is necessary and this is helped by a this a multi feedstock facility. We are also to fossil carbon. This is encouraged
dual product from sugarcane if it can looking at CBG in the future. by either boardroom commitments,
go to sugar and Ethanol. The infamous regulations or customer preferences.
sugar cycle that used to have big You are setting up a grain-based So, Godavari is continuing to work to
surpluses and deficits gets insulated Ethanol project. What is the make Specialty Chemicals that may find
because these surpluses can go into current status of the project and when application in Pharma Intermediates, Agro
the Ethanol. are you planning to complete it? Intermediates or in Coatings, Paints and a
[58] INTERVIEW
COLUMN www.indianchemicalnews.com

wide variety of chemical applications. on recycling streams. also work with tractor manufacturers
We are working with customers to start using tractors on CBG. This is
closely to see whether we make a How does Godavari ensure futuristic thinking but it is doable.
drop-in product or it could be a green sustainable sourcing practices We are constantly thinking of how we
substitute with slightly better properties and support the local agriculture work on energy efficiencies to further
so that the substitution may create a community? reduce Scope 2. We can produce more
better category of product. Traditionally, electricity from the same biomass. When
these things don't happen overnight. You We are now focusing on research we are continuously innovating to make
are not substituting a fossil commodity for sustainable sourcing. We often see products from biogenic carbon, we will
with a green commodity and that would depletion of oil reserves, gas reserves, continue to reduce Scope 3 as we supply.
not work because it has a very different trees or coal but we don't observe the For us, sustainability is not just
economic base. It takes time to work with depletion of the soil carbon. Ultimately, environmental but also social, and
customers. Godavari is definitely looking it is the soil carbon that will convert to we keep educating farmers about soil
to work on bringing in new products in the biomass, which we can either use for carbon. Hence, it is the wider definition
next financial year. food or energy. The depletion of soil of sustainability that we work on. When
carbon depletes will reduce yields of we are able to produce a product that may
How does biorefinery foster a these products. At the same time, if we have a better profile for customers, you
culture of innovation and how can increase this soil carbon, we are have actually achieved a complete win.
will research and development play going to improve the yields and sequester We are also getting certifications from
in its growth? a lot of carbon in the atmosphere. We global bodies such as Bonsucro.
are executing a big project on this with
We look at research from four points Somaiya Vidyavihar University. Agriculture When are you planning to
of view. We look at research on the farm researchers are working on this with a lot achieve net carbon zero?
and agriculture site because ultimately of farmers and trying to see whether we
biomass is grown on the farm. We have can do this on a large scale. We published our first sustainability
laboratories in Mumbai for lab work. We report and we will articulate a strategy
have pilot plants and research facilities How do you see Godavari going forward. We want to build our
with slightly larger lab facilities in the Refineries integrating strategy of converting biomass into
plants and finally we have some pilot plants sustainable practices into its overall biofuels, foods, sugar, electricity and more
where we can do a semi-commercial operations, including resource a whole range of new chemicals. This is
business before we go to commercial. consumption and emission not a 12 month exercise but a continuous
So, we have a comprehensive culture of reduction? exercise. We will continue to innovate and
innovation. We have many scientists and the effect will be seen in quarters and also
engineers working with us and we also Sustainability is part of our DNA. in years.
collaborate with people outside. When we work with farmers to improve
soil carbon, we also ask them if they can Your thoughts on the future of
What sort of approach to waste intercrop with nitrogen fixing kinds of the biofuel programme?
management and utilization of crops such as soya to reduce the use of
waste streams in the operations that chemical fertilizers. We are working with The Prime Minister at the 90th
you do? them to use traditional agro-ecological anniversary of the RBI mentioned about
practices. The success of this will the Ethanol programme. He gave an
I think the first idea is to think of waste automatically start sequestering more soil interview in which he talked about the
as wealth and see how one can find use carbon and reduce Scope 3 emissions. Ethanol Blending Programme and it finds
in all the waste streams that we have. Secondly, once CBG is in place, one can mention in the BJP manifesto. I believe if
Recycling brings value from it. Around 50- India has to maintain its path to net zero
60 years ago, molasses itself was a waste and maintain its energy security in the
stream and it became Ethanol. Bagasse
We want to build our light of current geopolitics, the Biofuel
was a waste stream and it became strategy of converting programme will grow.
electricity. We have various streams biomass into biofuels,
today. Now, we are looking at finding Does the company plan to go for
ways to extract potash out of the ash of
foods, sugar, electricity the IPO in this financial year?
the incineration boilers in a distillery. We and more a whole range
are making bricks from some of our other of new chemicals We are certainly looking at filing DRHP
ash. We are also working very seriously this year.n
[60] INTERVIEW
COLUMN www.indianchemicalnews.com

INVESTED OVER RS. 3,000 CRORE

IN LAST 24-30 MONTHS
At 2,225 TPD, our plant at Bharuch is the country’s largest single location caustic plant

expect 2024 to be marginally better than

2023 and this marginal improvement is
likely to be caused by modest recoveries
in the downstream industries.
Sabaleel Nandy How was DCM Shriram
Executive Director & CEO Chemicals’ performance during
DCM Shriram FY 2023-24 and plans for FY 2024-
25?

Like the rest of the industry, DCM

Shriram Chemicals has been impacted
on volume and prices and we have also
suffered from an inability to find adequate
homes for our products in FY 2023-24.
Having said so, we have tried to use the
downturn as an opportunity and in some
What are the key trends/ chlorine industries such as agrochemicals manner, have expedited implementation
challenges facing the Chlor- going through a downwards spiral, the of cost-side interventions, say on fuel
Alkali industry in 2024? pricing pressures on chlorine have been mix or salt sourcing, with the objective of
severe. This has been aggravated by improving the overall health of the value
It is the usual commodity cycle new capacities that many players have chain.
affecting the larger Chlor-Alkali industry commissioned or are commissioning. As I said, FY 2024-25 is likely to
today. The good thing is that it was an Also, the issue of chlorine being in an witness a marginal recovery in prices but
anticipated downturn and if I may add, oversupply situation in India is expected overall the gradient of recovery is likely to
most players were getting prepared to to get worse with the additional capacities be flat. We have recently commissioned
face it. Of course, globally, the downturn coming on-line. Balancing the additional our 850 TPD caustic capacity expansion
was caused by macroeconomic factors capacities with new destination industries and this takes our total installed capacity
due to geopolitical instability such as within a reasonably short span of time is to a million metric tonnes per annum.
that inflicted by the Russia Ukraine war. the challenge that the Indian Chlor-Alkali Plus, we will very soon be commissioning
In fact, the industry was recovering post industry is trying to address now. our Hydrogen peroxide (H2O2) and the
Covid and capacities/consumptions Having said so, on the pricing front, we Epichlorohydrin (ECH) plants and these
were coming back to normal before the will mark our continued diversification
unfortunate and unanticipated war broke beyond core-caustic.
off. And to make matters worse and as Fiscal Year 2024-25 Thus for us, FY 2024-25 will be the year
if one war wasn’t enough of a suffering is likely to witness a where much of the “new rubber” hits the
for the world to endure, the Israel-Hamas marginal recovery in road and we will be focusing our energies
conflict started. on making sure we stabilize these new
Given that caustic is a globally traded prices but overall the plants and run them in a safe and efficient
commodity, the Indian Chlor-Alkali market gradient of recovery is way while working with our customers to
has also witnessed pricing pressures in the likely to be flat offer us the opportunities to maximise their
recent quarters. Also, with the downstream utilizations.
www.indianchemicalnews.com INTERVIEW [61]

What is the total cumulative Government for investing Rs. 12,000

and our own conviction about the long term
production capacity of all plants crore in the state by 2028. Please
opportunities on offer in the chemicals
and what will be the capacity at the specify your plans?
space for us. We have very recently
end of FY 2024-25?
Over the last 24-30 months, DCM announced Rs. 1,000 crore investment
For DCM Shriram Chemicals, as I Shriram Chemicals has invested over in setting up a world class Epoxy and
said, with the commissioning of 850 TPD Rs. 3,000 crore in Bharuch for the Advanced Materials plant, which will be at
of additional caustic soda, we now are a various expansion and new products that a greenfield site in close proximity to our
million tonnes per annum caustic player. I mentioned earlier. Also as I said, the existing plant in Bharuch.
We have 2 plants manufacturing caustic Bharuch plant of DCM Shriram Chemicals
soda: Bharuch is the larger one at 2,225 is already the country’s largest single DCM Shriram had approved 2
TPD and Kota has a caustic capacity of location caustic plant. new projects – Epichlorohydrin
550 TPD. In fact, at 2,225 TPD, our plant In Bharuch, we are a part of the GIDC (ECH) and Hydrogen Peroxide. Can
at Bharuch is the country’s largest single cluster (Gujarat Industrial Development you share capacities? When will
location caustic plant. Corporation). The advantage of being in these plants be commissioned?
The soon-to-be commissioned H2O2 a cluster is that there are downstream
and ECH plants will have capacities in consumers of the products that we make. Both ECH and Hydrogen peroxide
excess of 50 KTPA each. We have also These mutual dependencies with our co- plants are coming up inside our existing
recently commissioned an Aluminium located customer industries have over operations in Bharuch and each will have
Chloride plant with a total capacity also time evolved into a symbiotic relationship an installed capacity of over 50,000 tonnes
of over 50 KTPA. We are now in the final between the players and it is almost a per annum. We are close to commissioning
stages of commissioning a new 120 MW scenario where member industries are these plants within the next few months.
state-of-the-art captive power plant to cooperating with each other for maximizing
meet the expanded power requirements of their own performance potentials. Can you share the plans for
our operations. All these plants are located Given this context and in light of the Capex investment for FY 2024-
at Bharuch. Just a few months back, we emergence of the belt as a chemicals 25 and the projects where you are
also commissioned close to 44 MW of hub of the country, we continue to remain planning to invest?
solar-wind combo of renewable power bullish about the prospects of the state of
through the group captive mode. Gujarat going forward. The signing of the As I mentioned, we have just
MoU with the Gujarat government of Rs. commissioned or are in the final stages
The company has recently 12,000 crore is a manifestation of our of commissioning investments worth
signed an MoU with the Gujarat continued bullishness towards the state over Rs. 3,000 crore across 6 projects –
[62] INTERVIEW
COLUMN www.indianchemicalnews.com

Caustic expansion, Aluminium chloride, on land availability. Can you elaborate initiatives
H2O2, ECH, a new captive power plant and At DCM Shriram, we have a strong taken by DCM Shriram for
44MW of renewable power through group- balance sheet coupled with the legacy of enhancing process safety across all
captive mode. For FY 24-25, our focus is a 135 year old organization and a deep facilities/processes to make
simple: “to make the assumptions behind understanding of the Chlor-Alkali value operation intrinsically safe?
these investments come true”. chain. We have a very strong pipeline of
Having said that, we are also working future investments and we are making As DCM Shriram Chemicals, we
in parallel towards crafting the next wave sure that those investments happen in the consider safety as a cardinal and
of investments – As mentioned earlier, right areas and give us that boost in terms indispensable condition for our existence.
we have announced an investment of Rs. of both top-line and bottom-line going As part of a 135 year old group with a rich
1,000 crore towards Epoxy and Advanced forward. legacy, we, the current crop of managers,
Materials. Significant amount of ground can only contribute to the group’s heritage
work will start during this fiscal towards The company is in the process if we are able to conduct our affairs in a
setting up of a new Epoxy plant. We are of establishing a Multipurpose safe and sustainable manner. It is the
also exploring an opportunistic play in Product Research & Development abiding principle of “zero harm” that guides
some chlorine downstream areas – some Centre. How will this centre help to us as we conduct our day-to-day affairs. It
of which are low capex and with short achieve the objectives of the encompasses “zero harm” to the people in
gestation periods. If all goes well, some company? Will it also serve in areas our plants, being it on rolls or contractual,
investments in such areas will also fructify like waste to wealth? “zero harm” to our equipment /assets and
during the current fiscal. “zero harm” to the environment where we
DCM Shriram Chemicals has recently operate. There are specific actions around
What strategy should India set-up an Innovation Centre (IC) at a state- each of these principles that are underway
adopt to become a global of-the art facility in Vadodara, Gujarat. This in our plants.
manufacturing hub for Chlor-Alkali? facility is a reflection of our commitment We have also been working with
What role will DCM Shriram play in to innovation/R&D as a vehicle of future external safety consultants of global repute
making India a global manufacturing growth for the business. While the caustic and benchmarking our safety systems
hub in this value chain? value chain has been at the core of the with those of global Chlor-Alkali players in
business thus far, going forward, as order to reaffirm our position in the safety
The India story is everywhere to be our investments in H2O2 and ECH are journey, especially around the processes
read, felt and seen. Across sectors and testimony to, we are keen to move into and policies we adopt vis-à-vis what the
verticals, the India growth story is being value-added specialized chemistries. global majors do.
viewed with immense positive anticipation The Innovation Centre has already been
and bullishness. Specific to the Chlor- certified by DSIR, Govt. of India and it Recently, the chemicals
Alkali space, India’s production has been will be working on 4 key verticals, viz. business has undergone a
largely a domestic consumption driven “Green & Sustainable Chemistries”, rebranding exercise. What is the
affair with modest exports. Going forward, “Advanced Materials including Epoxy”, objective behind this exercise and
in order to achieve the stature of being a “Water Treatment & Allied chemicals” and how will it help the business in the
global manufacturing hub for Chlor-Alkali, “Other Emerging Technologies”. The IC long run?
the industry needs to focus on global will focus on “applied research” and try to
scale at competitive costs. Greening remain close to the customer, understand I would not classify it as a “rebranding”
requirements in downstream industries their requirements and work internally with exercise – it is more an exercise aimed
will demand Indian players to green their the manufacturing team to come out with at “refreshing” our brand identity and
upstream sources, especially around newer products in the new age chemistries reiterating the brand promise. We have
power, a key raw material for the caustic that we are looking at. always been “DCM Shriram Chemicals”,
industry. Emissions and effluent handling but now we have a refreshed logo of the
will play a key and those with optimal business with a reiterated brand promise
realizations across all products and by- We have a very strong of “delivering sustainable solutions”. The
products will be the most competitive in pipeline of future objective is to ensure continuity while
the global context. Also one will have to investments and we are at the same time, taking up a platform
be prudent about future plant locations where we are promising ourselves and our
and convenient access to ports will be making sure that those stakeholders that "sustainability” is now
construed as a competitive advantage. investments happen in the core to our operations and that the business
Ease of doing business will become even right areas is getting closer to its customers and
more important with increasing constraints moving from being a product manufacturer
www.indianchemicalnews.com INTERVIEW [63]

billion litres of water. These

initiatives aren't just short-
term projects. They're part
of our ongoing mission,
requiring sustained efforts
to ensure tangible, lasting
results.

What are the key

strategic priorities
and growth plans for
DCM Shriram
Chemicals?

Going forward, it is a
combination of long and
short term priorities that
will determine the shape
of our strategy. While for
the long term, it is the
to being a “solutions provider”. The colour people and communities around us. opportunities around sustainability and
tone’s metamorphosis At DCM Shriram white spaces in the market that will
from blue to green is a Chemicals, we're deeply determine our strategic choices, in the
subtle play to further committed to our CSR short run, finding newer homes for the
emphasize the greening of initiatives, echoing our excess chlorine will be important. Without
our businesses, now and group's longstanding adequate and appropriately chosen
going forward. Lastly the dedication to community chlorine tie-ups, the caustic capacity
word “delivering” implies impact. We've tailored utilization has the risk of remaining sub-
a combination of action our CSR endeavours optimal. The good part is that we don’t
orientation, agility and in alignment with DCM need to do everything ourselves and
result focus – all of which Shriram's overarching intelligent alliances/partnerships can
are attributes that the business now stands objectives, working closely with the DCM help meet the chlorine objectives in a
for. Shriram Foundation to craft programs much shorter time horizon with much
with the core pillars of convergence, lesser investments.
DCM Shriram’s CSR Policy is collaboration and creating impact. Overall, DCM Shriram Chemicals is an
aligned with preventive For instance, through 'Kishori Utkarsh exciting place – happening, intense and
healthcare, sanitation, education, Pahel' (KUP), supported by the DCM fast paced. We are in a hurry and believe
skilling & livelihood, environment Shriram Foundation, we're actively we have lots to do in a short span of time.
sustainability, Agri-skilling & promoting health awareness with a We are today a million tonne caustic
livelihood, and water in agriculture. focus on empowering adolescent girls. player and have chosen for ourselves
Can you share details of projects The program is in collaboration with the adjacent platforms to play, whether it
executed in FY 2023-24 and plans Bharuch District Administration, Health is around Epoxy/Advanced Materials or
for FY 2024-25? and Education Department and UNICEF chemistries such as those of H2O2 and
as Knowledge partners. We are dedicated Aluminium chloride. We are also closely
You are right. As a group, DCM to creating measurable impact. evaluating options around sustainable
Shriram has always believed in growing Going forward we have set targets for energy choices and fuel mix options.
with the communities where one the next two years where we are striving Fortunately for us, the spaces that we are
operates. Long before rules around CSR to enhance our environmental footprint in, are growing and thus we need to grow
were formulated, the group has worked by aiming to plant one million trees and even if we were to maintain our relative
towards improvements of the lives of the creating surface storage space of one position vis-à-vis our peers.n
[64] INTERVIEW
COLUMN www.indianchemicalnews.com

FIRST IN INDIA TO SET UP

CHLOROTOLUENE AND
ITS VALUE CHAIN PLANT
Plan to spend around Rs. 300 crore on Capex on multiple projects in FY25

as well, however, we performed better

compared to the industry on account of
our strategy to diversify business model.
In FY24, Chlor-Alkali was impacted both
Maulik Patel in terms of realization and demand but our
Derivatives & Specialty segment which
Chairman & Managing Director caters to various industries performing
Epigral better for us. Also the past Capex we did
and the projects that we commissioned in
FY23 helped to have volume growth of 15%
in FY24. Even in this tough environment,
our EBITDA margin improved quarter on
quarter from Q1 FY24 and we ended the
full year with a margin of 25%. Considering
Capex we did in the last 3 years, will drive
the volume growth in FY25 and FY26. We
believe FY25 would be definitely better
2023-24 industry trends/ touching all-time low. However, we than FY24 with a volume growth of around
challenges in Chlor-Alkali, witnessed things improving just below 15%.
Derivatives and Specialty Chemicals? normal level by the end of the year and
we expect it to improve. Derivatives Epigral is aspiring to reach
2024 was a challenging year for the & Specialty business was also low in revenue of Rs. 5,000 crore by
chemical segment. Post-covid the demand demand and realizations were at an all- 2027. New plants that you are
surged which led to big capacities coming time low but we see situations improving planning to commission to make it a
to market. At the same time, demand was quarter on quarter, especially if end user reality?
subdued globally thereby impacting India industries are diversified.
as well. High interest rates forced western Yes, we are a growth oriented company
world to keep less stock, triggering How has Epigral performed and very much focused to bring consistent
destocking and low consumption in during FY 2023-24 and forecast growth. Projects that we commissioned
China. This led to production from China for FY 2024-25? in FY23 and we will commission in FY25
dumped in the global market leading to will drive volume growth both in FY25
drop in realizations for all the products. FY24 was a challenging year for Epigral and FY26. We have a few projects under
However, we see recovery shaping up our evaluation which we will announce
quarter on quarter. Although this is not India needs to focus on soon. This will further drive growth
back to normal, it is improving and we beyond FY26. These chemicals will be
expect it to improve further.
strengthening its position import substitutes, having good growth
During FY2024, Chlor-Alkali was the in various feedstocks to prospects and will also strengthen our
most impacted because of subdued create a whole ecosystem integrated complex.
demand, over supply and realizations
www.indianchemicalnews.com INTERVIEW [65]

Total cumulative production additional capacity of CPVC Resin of the manufacturing segment in India.
capacity of all plants? What 45,000 TPA, CPVC Compound capacity The government also needs to focus on
would be the capacity at the end of of 35,000 TPA and Chlorotoluenes value creating robust infrastructure like the
FY 2024-25? chain capacity. For FY25, we plan to PCPIR region of Dahej, and we need more
spend around Rs. 300 crore on Capex on such parks in India for it to become a
As on 31st March, 2024, our Chlor- a few of the above projects and on ones global hub for chemicals.
Alkali capacity stood at 421,000 TPA and we will announce soon.
Derivatives & Specialty capacity stood How rebranding from Meghmani
at 190,000 TPA, which included CPVC Strategy India should adopt to Finechem to Epigral will help
Resin, Epichlorohydrin, Chloromethanes become a global manufacturing the company to transform as a
and Hydrogen Peroxide. We recently hub for Chlor-Alkali, Derivatives, and global multi-product chemical
commissioned an additional CPVC Resin Specialty Chemicals? What role does conglomerate?
capacity of 45,000 TPA in FY24 which Epigral sees for itself in making India
makes our total capacity standing at a global manufacturing hub? As per our strategy, we are moving from
75,000 TPA (world’s largest single location bulk chemicals to Derivatives & Specialty
plant). In FY25, we will also commission For India to become a global business. Our Derivatives & Specialty
CPVC compound capacity of 35,000 TPA manufacturing hub, we need to spend business contributed 45% of total revenue
and commission Chlorotoluenes value more on creating new facilities, invest in FY24 vs 0% in FY2019. We have also
chain capacity. in R&D to strengthen our position in the started exporting our products in the
specialty chemical segment and to get global market. Considering future growth,
Capex invested in FY 2023-24 orders from the global market for niche we are open to various partnerships
and projects where it was products. India also needs to focus on where we can enter into new chemistries,
invested? Capex investment for FY strengthening its position in various on the basis of our project execution
2024-25 and projects where you are feedstocks as that will create a whole capabilities. With all these, we are here to
planning to invest? ecosystem to have a full value chain enhance the value for our stakeholders.
within India, rather than importing major The name change is in line with this spirit
In FY2024, we invested around Rs. raw materials. Government needs to and that is where we decided to reposition
405 crore in Capex which was towards focus on various initiatives to motivate the company and changed the name of
[66] INTERVIEW
COLUMN www.indianchemicalnews.com

the company from Meghmani Finechem

Limited to Epigral Limited.

Epigral is planning to
commission a Chlorotoluene
value chain plant. What's the
capacity and when are you planning
to commission it?

Yes, we will be the first in India to set

up Chlorotoluene and its value chain plant.
The basic capacity for the plant will be of
around 15,000 TPA. There are 3 blocks,
including one multi-purpose plant. We
are going to do various reactions in this
segment and will cater to the agrochemical
and pharmaceutical industry. In the first
phase, we will be launching around 10
to 15 products. We are almost there in
setting up the plant and phase wise will
commission all 3 blocks. We expect the Yes, we commissioned it in FY24 The company is focused to drive
full plant to get commissioned in Q2 FY25. and it has helped us to reduce our business in sustainable way by adapting
carbon footprint and contribute to the various practices like, improving
Epigral is also venturing into environment. It has also helped us to efficiency to consume less energy per
CPVC compound production reduce the cost of electricity. ton of production, adopting latest and
with a projected capacity of 35,000 best technology to reduce wastage,
TPA. When are you planning to Initiatives taken by Epigral India strong sewage treatment plant to
commission the plant? for enhancing process safety facilitate the reuse of treated water to
across all facilities/processes to conserve environment, engaging with
We are expecting to commission this make operation intrinsically safe? local communities through philanthropic
plant in Q1 FY25. initiatives, setting up 18.34 MW wind
Epigral is very much focused on solar hybrid power plant, creating green
Epigral has inaugurated its R&D Environment, Health and Safety and we belt at the manufacturing facility, etc.
Centre in Ahmedabad in continuously improve processes and
November 2023? New products that instruments to have a safe environment for CSR initiatives of Epigral in FY
you are working on and how will it be our employees to work. During the year, we 2023-24 and plans for FY 2024-25?
beneficial in the long run? have taken various initiatives, few of them
are validating firefighting measures, new We are committed to make a positive
Epigral’s new R&D center is a strong techniques to recycle various by products societal impact through CSR initiatives.
pillar for its growth in the Specialty and effluents, lifeline protection kit, training The company believes in giving back
business. We have a good team and on various safety topics, strengthening to the community and participates in
we will further increase the team size. emergency response team, etc. education, health, women empowerment,
The R&D center is working on various skill development and environmental
molecules and products but immediate Sustainability roadmap of protection programmes. We have
focus is on new downstream molecules of Epigral and what's the contributed to various charitable trusts
the Chlorotoluene value chain. Research is sustainability plan in FY 2024-25? and supported diverse social, educational
going on and we are positive to announce and economic development initiatives.
further growth prospects in these lines, Epigral focuses on empowering women
maybe in the coming years. Epigral’s new R&D center through education and self-employment
and upskilling opportunities. The
The company has also is a strong pillar for its company has established and supported
commissioned 18.34 MW of green growth in the Specialty educational and medical facilities,
hybrid power plants in the last fiscal? business enhancing access to essential services
How is this beneficial for the company? for underserved communities.n
[68] INTERVIEW
COLUMN www.indianchemicalnews.com

INDIA MUST BRIDGE GAPS IN

BUILDING BLOCKS OF RAW
MATERIALS
LANXESS is focused on growth in North America and Asia, particularly India

extent possible. Comparatively, the demand in

the Indian market is still stable but prices are
down because of distribution from China but
we are trying to keep our top line intact and
Namitesh Roy also trying to improve the bottom line.
Choudhury Key achievements of LANXESS
Vice Chairman & Managing Director India in FY 2023-24 and plans for
LANXESS India FY 2024-25?

LANXESS is a leading specialty chemicals

company, and our core business is the
development, manufacturing and marketing
of chemical intermediates, additives and
consumer protection products. For us, safety
is a core value and we have done very well on
this front in the last couple of years. Our focus
Emerging trends/challenges in the This will be rolled out in a phased manner till is on asset utilization, and it was quite good
Specialty chemicals in 2024 and end of Q1 2025. We are going to leverage it last year.
how LANXESS India is planning to to become more efficient for our customers, For our safety and sustainability initiatives,
circumvent it? improve customer management, operational we have been acknowledged and rewarded
management, logistics, supply chain, by various industry bodies and associations.
Firstly, we are well aware that Artificial procurement and innovation. The focus of In the recent past, we received the FICCI
Intelligence (AI) is going to bring about innovation is mostly on the development part Chemicals & Petrochemicals Award for
transformational changes and exciting and not the research part. Sustainability – Excellence in Safety. We also
opportunities in the chemical industry. We are In terms of challenges, there is a lot of got the prestigious CII Western Region Award
trying to leverage it and are actively working on geopolitical tension because of fluctuations in for Excellence & Innovation and BCCI Award
the same. We will be doing a pilot scale in India energy prices and recession in Europe. I think for Workplace Safety.
and take that learning to a global level. AI can that's also impairing logistics because we are Apart from this LANXESS India also
be used for forecasting, improving productivity, seeing that the shipment is taking a longer received the Global CEO Safety Award
predictive maintenance, supply chain route, longer time, and is becoming more 2022. This is an internal award by LANXESS
management and also order management expensive. We are trying to circumvent it to the presented to teams who showcase exemplary
to bring operational efficiency. That is one commitment towards safety over the year and
emerging trend we see and we are trying to drive successful initiatives and contributions
leverage it fully. We have also acquired an related to safety occupation at LANXESS. The
Secondly, LANXESS has transformed additional five-acre land focus is on preventing accidents and incidents
into a specialty chemicals company and keeping in mind the long- by sustainable implementation of safety
with headwinds in the chemical industry, we processes.
are also working on the Excellence initiative. term growth plans Going forward in FY 2024-25, we would
www.indianchemicalnews.com INTERVIEW [69]

continue to focus on safety and sustainability.

Our Excellence initiative is currently in the
process of being rolled out and has been very
strategically devised keeping in mind that both
India as well as the chemical market is on a
growth trajectory. Our board members are very
excited about the growing India market and we
are aligning and adopting strategies for further
growth including upgrade of the ERP system.
We are looking at both organic and inorganic
growth in the coming years. More organic, as
the listed companies are overvalued at the
moment. Since 2019, we are increasingly We have also acquired an additional five- China plus one strategy was there for quite
looking at finding attractive companies for acre land keeping in mind the long-term growth some time, but it didn’t gain much traction
takeover in all the segments where we are plans. in the past. Now we see it gaining traction
present like - paints and coatings, polymer due to a lot of initiatives taken by the Indian
additives, water treatment and detergents, tyre LANXESS India completed and put government. India has a large domestic market
and rubber industry. into operation the expansion of the including a huge middle-class population
Rhenodiv production line in Jhagadia on as a lot of people have been pulled out of
LANXESS Jhagadia has three February 1, 2024. What's the update on poverty. The pull factors are - change in the
production facilities for 3 BUs – this front? bankruptcy code during 2016, high quality
Liquid Purification Technologies (LPT), infrastructure development initiatives and a
Material Protection Products (MPP), and We see a potential good market here large pool of manufacturing talent in terms of
Rhein Chemie Additives (RCA). How are in India. Currently, we have commissioned good engineers.
things progressing on BU fronts? New the plant and the new Rhenodiv grades are Having said that India must bridge the
initiatives at Jhagadia? successfully undergoing approval tests at gaps in building blocks of raw materials. The
various tyre companies, a fundamental step chemical industry is looking for good PLI
The site in Jhagadia is a key manufacturing towards ensuring product excellence and policies. While ease of doing business has
base for LANXESS globally and has been built market readiness and we expect to receive full improved significantly, it needs to be improved
to world class standards. The production approvals by the end of Q2. further. This will surely help India to become a
facilities as well as the utility services at the site The product will not just be for India but global hub for chemicals.
ensure safe and environmentally responsible also for the subcontinent including other Asian LANXESS AG CEO & Chairman of the
operations. countries. Board Management, Matthias Zachert during
The National Chemical Safety Committee his recent visit to India was very impressed
recently visited our Jhagadia site and What strategy India should adopt to to see the development and was excited
appreciated the safety efforts undertaken by become a global manufacturing over upcoming infrastructure investments.
LANXESS. hub for LPT, MPP and RCA chemicals? He commented that LANXESS is focused on
Going forward, we will continue with LANXESS India's role for making India a growth in North America and Asia, particularly
our focus on Safety. There are many leading global manufacturing hub? India. This marks a shift from just focusing
indicators that have been set up and actions on on China to prioritizing India. I think it's a very
finding out near miss incidents and reporting The global chemical industry is ~US$ powerful and encouraging statement.
thereof is encouraged. Every employee has 5 trillion in comparison, the Indian chemical
a target of reporting near miss incidents and industry that is ~US$ 180 billion, which is What’s the sustainability plan for
all managerial employees have to conduct roughly about 3%. It is estimated that the LANXESS India in FY 2024-25?
periodical safety dialogues. They observe the industry will be having a CAGR of 10% plus in
work and discuss whether it is being done in next few years. Also, currently the trade deficit LANXESS is highly committed to
safe or unsafe manner and then start with a of US$ 20 billion gives us two opportunities - sustainability, and we have launched many
positive dialogue on how it could have been either to improve exports in the selected areas initiatives in this direction that we are
done better. or reduce imports by becoming self-sufficient. very proud of; however, as we are aware,
[70] INTERVIEW
COLUMN www.indianchemicalnews.com

with essential relief material during natural

disasters like floods.
In FY 2024-25 also, we will continue to
support the communities through our CSR
interventions with clear focus on topics
of education, climate protection and skill
development among others.

Initiatives taken by LANXESS India

for enhancing process safety
across all facilities/processes to make
operations intrinsically safe?
sustainability is a journey and not a destination. also drive innovation. I think the development
In terms of climate change, we have done a lot and training opportunities have been designed On quality and safety, we share the same
on climate change, water utility management, in such a way that it is attractive for women standards as followed by any developed and
water stewardship and employee safety. employees. Balancing work between personal developing countries. Process safety is an
In India, we have achieved about 84% of and professional life, flexible working and also important vertical of safety and thus plants are
climate neutrality on annualized basis for Scope knowing other colleagues might be needed. designed in a way that these are intrinsically
1 & Scope 2 emissions and have significantly Gender sensitive policies, equal pay for work safe. For that we have a muti-disciplinary team
reduced the emissions at our plants. We made of equal value and also zero tolerance for consisting of different experts who identify
an inventory of emissions at Jhagadia and sexual harassment at workplace have been the hazards and decide on measures. That
Nagda plants. After creating the inventory implemented. We have created an internal becomes a basis for getting the licence to
of emissions, we then looked at process platform called WinX for imparting skill and operate because without that we cannot start
optimization and process improvement. We empowering women to know their concerns. the plant.
have done extensive energy audits to bring About 10% of our workforce in the India There are other important factors under
down the specific consumption of energy. At organization are women. We have identified Process Safety Management (PSM). One is
Nagda, we are generating our own electricity the gender-neutral positions where we can take the plant asset integrity where we do regular
and at Jhagadia we have done a green power women based on competencies. With this plan check-up and keep the assets intact. Second
purchase agreement. in the picture, I am sure 30% women workforce important part is the human aspect where we
globally should be achievable by 2030. are imparting training and sharing the standard
LANXESS India’s plan to achieve operating procedures with all our employees.
climate neutrality by 2040? Key CSR initiatives of LANXESS After we impart the regular training, we also do
Milestones that you have set for India in FY 2023-24? Plans for FY an efficacy check to see how much has been
achieving it and plans for FY 2024-25? 2024-25? understood by the employee. Then there are
digital safety audits where the global experts
Globally, we are aiming to achieve climate In terms of CSR, our focus areas are come down and see what mitigation measures
neutrality by 2040, completely eliminating education, climate protection, water and are in place and then give rating based on
Scope 1 and Scope 2 emissions. Further, we culture. We also focus on skill development, that. We firmly believe that employees should
have prepared two guidance documents - employability and healthcare. We engage in remain safe and go back home safely.
First, is decoupling emission growth. Here the sustainable development projects that aim
growth has to happen, but emissions have to to uplift local communities, promote social How do you see the chemical sector
be controlled. Second, is pursuing technology welfare, and protect the environment. outlook in 2024?
innovation. Here we have to be innovative and In Jhagadia & Nagda region, over the last
see how to keep the growth intact yet reduce few years, we have been working on various India's outlook is good as the market is still
the emissions. projects like solar roofing of government intact except the fact that we are experiencing
schools, solar lighting in villages, facilitating price pressures due to distribution from China.
LANXESS is aiming for 30% women digital smart class for municipal schools, We sincerely hope that the Chinese economy
management positions globally by providing basic educational amenities like picks up so that distribution comes down
2030. What’s LANXESS India’s plan on school bags to municipal schools, vocational and the prices improve. While the prices
this front? training and skill development etc. We are are improving, we need to evaluate how
closely involved in uplifting these government sustainable it is. Globally, we are seeing a little
LANXESS has been globally committed to schools. Apart from this, we have also bit of light at the end of the tunnel but how
diversity and inclusion because we feel that supported the communities in times of need by much of it translates into business, needs to
diverse teams can make better decisions and mobilizing our resources and providing them be seen.n
Fiber Lubricant
[72] INTERVIEW
COLUMN www.indianchemicalnews.com

EXPANDING PRODUCT RANGE

TO MEET THE EVOLVING NEEDS
OF PRINTING LANDSCAPE
Launching over 20 new products annually reflects our dedication to remain at the forefront
of market trends

Managing and maintaining a leadership

position demands relentless effort. At
hubergroup, we addressed this challenge by
developing innovative printing ink products
Suresh Kalra due to our culture of innovation. We have been
constantly refining and expanding our product
Managing Director India
range to meet the ever-evolving needs of the
& President Asia
printing landscape. We have also aligned our
hubergroup
offerings to meet market demands. These
have reinforced our standing as innovation
leaders in the printing domain.

What's your India and Asia strategy

for printing inks in FY 2024-25?

Our strategy is centered on two key pillars.

Continuous Innovation and Optimization:
2024 industry trends in printing accompanied by a remarkable recovery in We are committed to consistently innovating
inks, varnishes, resins and business margins compared to the previous and optimizing our printing ink product range
pigments? fiscal year. Forecasts for FY 2024-25 indicate with a global market perspective to ensure that
a similar growth trajectory to that witnessed in we stay ahead of the curve.
Particularly encouraging is the revival FY 2023-24, suggesting continued momentum Expanded Market Penetration: We
of volumes in rural India, approaching pre- and positive trends for the company. aim to enhance our presence in specific
COVID levels. A noticeable shift is observed segments such as Low Migration Low Odour
towards sustainable ink systems within the For the last 250 years, hubergroup Conventional & UV Inks for offset and web
flexible packaging domain. Innovations such has been providing innovative applications (MGA), Premium folding carton
as UV LED, EB, Sheetfed Mineral Oil Free printing inks and printing aids such as inks for Gravure, and water-based inks
(MOF) inks, Web MOF inks, and water-based coatings and additives for commercial, for Gravure applications. By strategically
inks are gaining traction among print buyers, packaging and newspaper printing. How penetrating these areas, the company can
emphasizing a growing commitment to eco- difficult was it to develop printing ink better cater to the diverse needs of the
friendly solutions. families? customers and solidify our position in the
market.
How has hubergroup performed
during FY 2023-24 and what's your We've made substantial The Chemicals Division of
forecast for FY 2024-25? strides in expanding our hubergroup has competence in
UV oligomer, monomer production of raw materials for printing
In 2023-24, our Print Solution business inks and coatings and has an extensive
recorded a significant YoY volume growth, and ketonic resin offerings product portfolio as it addresses
www.indianchemicalnews.com INTERVIEW [73]

customers all over the world. What's

your India and Asia strategy for the
Chemicals Division in FY 2024-25?

Our strategy showcases a balanced and

forward-thinking approach. Our primary
focus is to create new and advanced
products, specifically tailored for the ink
and coatings sector, to meet the needs of
our valued Indian and Asian customers.
Our portfolio diversification strategy
showcases synergistic offerings tailored
to rubber and adhesive applications,
enabling us to capitalize on emerging
opportunities. Recent successes, such as
our advancements in lamination adhesives,
demonstrate our expertise in the field.
We've also invested in contract to innovation is evident in our continuous hubergroup envisions a pivotal role in this
manufacturing services for a couple of expansion of product offerings. journey. By leveraging our expertise and global
leading coating manufacturers to strengthen We prioritize sustainability and regulatory experience, we aim to contribute significantly
our industry partnerships and expand our compliance, developing products that not to making India a global manufacturing
presence. Looking ahead, we're committed to only meet stringent industry requirements hub. Through collaboration, innovation and
continued innovation and product development but also align with the growing emphasis investment in cutting-edge technology, we
while maintaining our high standards of quality on environmentally responsible solutions. aspire to drive efficiency, sustainability and
and customer satisfaction. Furthermore, we actively explore new industry excellence in the manufacturing processes.
In India, hubergroup operates two verticals, seeking opportunities to deliver hubergroup research centers have
production plants, which value and meet specific been investing a lot of time and energy
manufactures UV-curable market needs. We aspire to in development of product safety or the
oligomers, polyurethane continue to lead the market identification of environmentally friendly
resins, laminating by anticipating trends alternatives, and much more by launching
adhesives (2K PU and delivering innovative more than 20 new products per year.
systems), modified rosin resins, PVB, ketone solutions that surpass customer expectations.
resins and polyamides as well as pigment What's the reason behind this
concentrates, alkali blue and adhesion What strategy should India adopt continuous innovation and bringing
promoters with a cumulative production to become a global manufacturing sustainable products? How will it
capacity of almost 300 kilotons. hub for printing inks, varnishes, resins, increase the company's topline and
and pigments? And, what role does bottomline?
Industry where these products are hubergroup see for itself in making
being presently used and are you India a global manufacturing hub? Our steadfast commitment to continuous
looking at new industry verticals for innovation and sustainability is driven by
these products? India's path to becoming a global several key factors. Firstly, the rapid evolution
manufacturing hub for printing inks, varnishes, of markets, coupled with an increasing
As you rightly highlighted, hubergroup resins, and pigments hinges on strategic demand for sustainable solutions, propels our
stands at the forefront with an impressive initiatives. Embracing lean manufacturing, drive to adapt and stay ahead of the curve.
manufacturing capacity exceeding 300 KTPA leveraging low-cost automation, harnessing Moreover, stringent global regulations and
across two state-of-the-art plants. These data, and computing for proactive process the growing emphasis on a circular economy
facilities manufacture a wide range of products control, upskilling the existing workforce, compels us to prioritize the development of
catering to an array of industries and sectors, optimizing energy usage through advanced environmentally friendly alternatives.
spanning ink, coatings, construction, flexible machinery and adopting renewable fuels and Launching over 20 new products annually
packaging and adhesives. Our commitment energy sources are key strategies. reflects our dedication to remaining at the

GECKO Series Inks for

Modern Food Packaging Solutions
[74] INTERVIEW
COLUMN www.indianchemicalnews.com

forefront of market trends and meeting the manufacturing. What's the update on initiatives of the company in India and
ever-changing needs of our customers. By this front? Asia in 2024?
enriching our portfolio with products that
resonate with global demand, we aim to We've made substantial strides in expanding We are adopting the CSRD Initiative, which
strengthen our market presence and enhance our UV oligomer, monomer and ketonic resin stands for Corporate Sustainability Regulation
competitiveness. offerings. For UV oligomers, we've boosted Directive. This directive will directly impact on
hubergroup's collaborative R&D approach, both our in-house manufacturing capacity and our current reporting obligations. Originating
epitomized by our dedicated teams in India custom manufacturing capabilities. Looking from Germany, this initiative aligns with
and Germany, embodies our philosophy of ahead to FY 2024-25, further expansion is on ESG requirements and is equivalent to the
"Designed in Germany, made in India”. We the horizon to meet the escalating demand for compliance standards of EcoVadis for the
are confident that increased investment in energy-curing applications. The expansion of region.
R&D, through the addition of resources and our monomer and ketonic resin product lines
equipment, will expedite our development has been guided by market demand. We've When are you planning to become
process, enabling us to introduce innovative enriched our portfolio with new monomers and Net Carbon Zero? Milestones that
products to the market more swiftly. intensified our marketing initiatives for ketonic you have set for achieving it?
While financial performance is essential, resin, actively exploring new applications to
our ultimate goal extends beyond profit maximize its utility. We continue to build strategies and find
margins. We aspire to contribute meaningfully In tandem with these expansions, we're innovative ways to minimize our carbon
to India's societal advancement by delivering footprints. At our sites in India, we are reducing
top-notch product offerings. We firmly energy consumption through energy-efficient
believe that our strides in sustainable product
Our products are technologies and process improvements. We
development will not only drive long-term strategically positioned as have implemented photovoltaic systems in
organizational success but also positively premium inks for the food our plants. We are also fostering the use of
impact society and the environment. renewable energy sources like wind and solar.
packaging segment
Last year hubergroup launched Major CSR initiatives being
three new solvent-based ink series also enhancing capacities for additional undertaken by hubergroup in FY
- Gecko Platinum Plus, Gecko Platinum products like PVB and polyamide. These 2023-24? Plans for FY 2024-25 with
NT and Gecko Gold which are initiatives reflect our commitment to respect to rural healthcare?
specifically tailored to the needs of the holistically address market needs and deliver
Asian market. How are you planning to a diverse array of premium-quality products to Our CSR initiatives span a spectrum
position these products in the Asian and our valued customers. of impactful endeavors targeting livelihood
Indian market and what is the size of the improvement specific to health and education,
Asian market? Initiatives taken by hubergroup for specifically in the neighboring regions of Vapi
enhancing process safety across and Silvassa, where our factories operate.
Our products are strategically positioned all facilities/processes to make Teaming up with renowned NGOs, we're
as premium inks for the food packaging operation intrinsically safe? making a tangible difference in communities.
segment. The response from converters Our Fartu Davakhanu (Mobile Medical Vans)
has been highly favorable, with most of our We are implementing the "Building equipped with doctors and nursing staff
Toluene-free offerings gaining significant Defenses Program," which operates on a set continues to visit the rural areas of Valsad and
traction in the market. In India, the market size of 16 leading indicators to improve safety provide general healthcare, dental and eye
for toluene-free inks amounts to approximately outcomes. We are very proud of having one of care services.
50–60 thousand metric tons annually. Safety the best effluent treatment and water treatment
and health to all stakeholders would always be plants in the industry. We continue to set new Anything more you would like to
a priority at hubergroup. standards in the safety of our employees and add from your side…?
the society around us through a series of
hubergroup is planning to expand continuous improvement programs. While going through our daily routine – We
its UV oligomer, monomer, and are confident that people touch our products a
ketonic resin product range through its Sustainability roadmap of few times a day and we continue to strive to
own manufacturing unit or custom hubergroup and key sustainability make that experience delightful.n

Safe & Sustainable

Food Packaging Inks
 TM

Pigments for Industrial Coating Pigments for Automotive Coating

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www.voxco.in
[76] INTERVIEW
COLUMN www.indianchemicalnews.com

INVESTING OVER RS. 500 CRORE

ON THE NEW SITE OVER NEXT
THREE YEARS
Our major Capex is being invested in enhancing our sustainability footprint in the areas of
power, water and waste reduction

materials a year ago but overall the industry

seems to be positive in terms of demand.
Moreover, the coatings and
infrastructure market is seeing robust
Prakash Raman demand due to continued investment by
the Government of India and private players
Managing Director in infrastructure like railways, airports and
Silox India roadways.
We see a sustained demand both from
the domestic market and global key players
whom we work with.
In the consumer segment, we are
in unique market segments like jaggery
processing, dates processing, etc. We are
seeing moderate increase in demand as
people are getting more health conscious
consuming more jaggery than white sugar.
Industry trends and challenges in going to be sustained for a longer period of However, availability of sugarcane but for
the segments Silox India is time at this level. The domestic demand for this particular industry getting limited
focusing on? textiles in India seems to be more stable. and hence would say this market is more
Also, the demand for synthetic textiles muted.
We are primarily into the inorganic is more predictable and continues to be Combining all these different factors we
chemical space serving diverse end quite strong. Overall, the textile industry is have seen moderation in export but robust
market segments like textiles, automotive, a mixed bag and while it was tougher, it's domestic demand. On overall performance,
consumer, paints and coatings etc. 2023 getting better. we had pretty strong financial performance
has been a mixed bag. The textile industry We primarily supply Zinc oxide and even though our top line have seen
has been most impacted, especially Zinc derivatives to the automotive market moderation but improved bottom line due
the denim segment, factors including (tyres and tubes). We have seen sustained to efficiency improvements, improved
global recession, war impact, reduction good demand from both the OEM and retail Zinc valorisation and introduction of value
in demand from North America and segments. Retail has seen some impact added product in Zinc derivatives increased
Europe, fluctuations in cotton prices and due to unavailability and high price of raw our bottom line.
unpredictability of the business badly
impacted the demand from textiles. Almost 80% moderation has
However, the market started stabilizing Silox India has almost happened globally. Do you see
and picking up and the capacity utilisation 40% of its produce being things going back to 100% if it goes as
improved from 40-50% to around 80% in exported to more than 65 per plan?
Jan – March 2024 quarter. The biggest
challenge we are facing is whether it's countries We were hoping to get better, but
www.indianchemicalnews.com INTERVIEW [77]

unexpectedly Red Sea issue impacted

significantly both from freight point of view
which is more than five times and shipping
times which has doubled affecting the
competitiveness of the industry. But
looking forward we are positive and
most of our customers were seeing an
increase in the demand in short term, but
considering dynamic geopolitical situation,
visibility is limited and it is very difficult to
predict beyond a quarter.

How has Silox India performed in

FY 2023-24 and what's your
expectation in FY 2024-25?

We had a good year considering the

challenges during the year. We have seen Last year, we saw a double digit growth The total capacity will be close to
a significant drop in demand for Sodium in profitability. We have seen a single digit 170,000 kilo tonnes per year. We continue
Hydrosulphite (Hydros) products which decline in top line and that's primarily to do to invest in expansion and will be able to
primarily gets into the denim market but with the metal pricing. We don't disclose enhance 5-7% of the capacity during the
it has been compensated by the robust individual unit numbers, but we had one current financial year.
demand for value based products. We of the strongest financials in terms of the
are able to deliver for other markets like bottom line performance. What was the investment that
automotive and industrial segments. you made last year and what's
We were down on the top line, but we What's your cumulative the plan for this year?
have fared better on the bottom line production capacity of all the
primarily due to efficiency improvement, three plants (Silvassa, Ekalbara, and We expanded a new line for our
commercialization of some value added Atladra)? How do you see this capacity Silvassa facility that was 7,000 tonnes
products and addition of new segments. changing at the end of FY 2024-25? capacity expansion and also executed
debottlenecking for our overall capacity.
Do you think that FY We completed a significant Both of them were growth Capex. In terms
2024-25 would be expansion of Zinc powder of overall Capex which includes operational
compensating for whatever capacity in Silvassa. In 2023- debottlenecking and growth Capex, we
losses that you made in the 24, we were able to fully utilize invested around Rs. 30-40 crore last year
last fiscal? the capacity of the Silvassa and we expect to continue to do the same.
plant. We added new capacity Hydro Zinc We have our new site coming up near
We are positive that the demand will in our Ekalbara site and expect additional Dahej and there is going to be a significant
pick up and the situation will continue to capacity to be helpful in terms of meeting amount of Capex that we will be spending.
improve unless we see any other major future growth. Overall, our capacity
disruption. From the domestic market side, has increased by almost 10% with the Strategy for India to become a
once the election is over, we see there is debottlenecking and with efficiency global manufacturing hub for the
going to be continued focus on enhancing improvement initiatives. We aim to further segments that you are in and what
infrastructure. We are positive about being increase capacity for our zinc powder by role does Silox India play in making it
able to capture whatever the loss, not in 8,000MT/year, we have received the board a reality?
the next quarter, but overall for the financial approval and will be executed during FY
year. 2024-25. Silox India has been a significant
contributor to the overall turnover of
Any numbers with respect to FY What is the total capacity that chemicals globally and will see the highest
2023-24? you have right now? capital investment in the next two years.
[78] INTERVIEW
COLUMN www.indianchemicalnews.com

In terms of being global and relevant, of material. We are in the process of getting
Silox India has almost 40% of its produce We have new innovation the material qualified from a third party and
being exported to more than 65 countries. for recycling Lithium ion from our key long term customers. We are
We have a significant presence already batteries by capturing the pretty much close to finalizing the technology
in exports. Our major focus will be on development and expect to have a new
enhancing our Sustainability footprint, value and giving back to commercial facility start operating from
Improving efficiency and Safety at the industry for future use 2027. We are in the process of completing
operations and new Product Innovation. the acquisition new land in Paradip (Orissa)
These are the three fundamental blocks over next three years. Essentially, this and will be making an announcement once
on which our future investments will be plant is going to be inherently safer, ESG we have the final agreement.
based. Our major Capex is being invested in compliant, Digitisation and Automation
enhancing our sustainability footprint in the of critical operations, and we want it to New technologies which you are
areas of power, water and waste reduction. be the factory of the future. At the same focusing on which will deliver
time, it is going to be much more backward best quality products?
In FY 2023-24, Silox India integrated meaning more self-reliant.
acquired a 35 acre land parcel at We have been focusing on reducing
Payal industrial Park? What's the Silox India has been focusing on our energy intensity. For example: earlier
Capex that you are investing and what innovation. What is the next when we were using Zinc powder, we now
products are you planning to product you are planning to take to the use specialized grade which will enhance
manufacture? global level? efficiency of the product and reduce energy
consumption by five percentage points. We
We have successfully completed We are putting more and more focus in have been putting a lot of R&D effort in terms
the acquisition of the land parcel in the terms of delivering value-added new Zinc of water reduction and recycling, reuse both
last quarter of last year. The plan is to derivatives which will help in enhancing from process and non-process areas.
set up a new greenfield site for all our customers' product performance. We At one of our sites, we are able to
Sulphoxylate products and Zinc Oxide and have quite a few new products in the reduce the total water consumption,
Zinc derivatives. This will be a greenfield pipeline which we will be commercializing especially in the process area by 38% in the
project and will be consolidating product soon catering to the coating industry, last two years. This comes from not just
line currently produced in Atladra site to rubber industry, industrial application and one initiative but a combination of almost
the new site. automotive industry. In the medium term, 40 different programmes. Since water is
The new facility will use new we are going to see a lot of new products one of the main resources, we are putting a
technology and significant improvement coming from Zinc derivative product lot of focus on that one. We are using more
in terms of overall ESG impact and will pipelines. For the long term, we have recyclable materials to generate less waste
be more self-reliant including backward new innovation for recycling Lithium ion and also reduce the hazardous chemicals,
integration. In terms of the capacity, we are batteries by capturing the value and giving improving the tolerances and the tightness
going to build almost 30% additional new back to the industry for future use. in the control of the process.
capacity compared to our existing product This is our new piece of business where
line for these products. We expect the we are putting a lot of our R&D effort in Manpower that you are planning
construction activity to start by the third or terms of technology and also getting to add for two new plants?
fourth quarter of this year and we expect into commercial operations. We have
to start commercial production and regular earmarked significant investment in R&D We will be recruiting quite a few people
supplies in the second quarter of 2026. to enhance the footprint of our processes. to work for the design stage for the new
We have taken new initiatives based on the project and for the battery recycling
Any numbers on the Capex, what theme Reduce, Recycle and Reuse. Our project. There is going to be a significant
amount of investment you are future facilities are more focused on digital new recruitment coming up in the next two
planning to do in the next two fiscal tools and it’s about enhancing what we to five years. In the current year, we are
years? were with the current facilities. going to be limited in number where we will
In terms of recycling of Lithium ion select a few high level project management
Including the land, we will be investing batteries, we have moved from lab to pilot professionals. Our major recruitment is
more than Rs. 500 crore on the new site plant scale and are able to produce a tonne going to be in 2025 and 2026.n
 [80] COLUMN www.indianchemicalnews.com

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DIVERSIFYING OUR PORTFOLIO

WITH A RANGE OF VALUE-ADDED
CHEMICALS
India Glycols is unique in the world to produce ethylene, ethylene oxide and several
derivatives like glycols, green solvents and specialty chemicals

aspects of sustainability such as land use

and impact on land, food and water.
Whilst it would be ideal to meet
all possible criteria, in reality, various
Rupark Sarswat products and processes will score
differently on different criteria and the
Chief Executive Officer evaluation itself is complex. Therefore,
India Glycols for example, on one hand something may
have a lower carbon footprint it may not
have such a good score when some of the
other dimensions are considered and vice
versa. We will see evolution of systems
and standards for a rigorous evaluation
of ‘Green’. I believe with the world being
increasingly interconnected, huge data
generation and processing and rapid
evolution of digital technologies including
What are key trends impacting aspect is how much toxic load is AI and Quantum computing, we would be
the Green Chemicals Space? How generated by the product and the resulting able to better assess, quantify and define.
do you see sustainability shape the environmental impact that it creates. Today sustainability is no longer
chemicals, performance chemicals Given the increased focus and awareness merely something good-to-do that only
and pharmaceuticals sector? on green house gas emissions and the responsible companies focus much on.
resultant climate change impact, carbon It is increasing becoming a key strategic
The term ‘Green’ has a varied footprint has become another important consideration for all. The sustainability
interpretations as used in various contexts aspect. It encompasses the complete challenge is indeed extremely serious
by different stakeholders and companies emissions from cradle-to-grave including and requires immediate attention at
over the years. The evolving parameters Scope 1, 2 and 3. Then, there are other all levels. It is accordingly reflected in
and clearer definition will continue to drive growing awareness and expectations from
awareness, consumer choices, innovation, The next big step will various stakeholders. The pressure of
regulation, policy as well as business public opinion and stricter regulations are
strategy.
be novel materials happening faster than expected in India. In
There are various aspects of a product which are not only some cases, the new standards are even
being green and the understanding as well made from greener tighter than other parts of the world.
as expectations from various stakeholders You may observe that an Industry
are also evolving. One important aspect
feedstocks but have other that has a perception having an adverse
which has been conventionally considered greener attributes like environmental impact does not receive
“green” is something that is manufactured biodegradability as much focus and policy support. It is,
from bio-based or renewable. Another therefore, important the chemical industry
www.indianchemicalnews.com INTERVIEW [83]

works towards correcting that perception. I Challenges for Bio-based supply chains e.g. cellulosic and captured
believe the chemical industry, has a crucial chemicals? carbon are either new or yet to be established
role to play in helping the world address in terms of commercial viability.
sustainability issues. This is not only in The green chemical space has its own
terms of addressing its own challenges but challenges. From our perspective, Ethanol What is the big opportunity in
also by providing new products, processes is an important feedstock for chemicals but Bio-based Specialties? Where
and solutions to the world. That presents there is growing demand for blending. Since does India Glycols fit into this
a huge opportunity for innovation and it got coupled with crude, it is no longer a ecosystem?
building great businesses which are create cheaper feedstock. We have to compete
knowledge based and offer sustainable with chemicals which are based on crude, I would like to speak more broadly
models for India as well as the world. but the cost of sourcing green material has on green chemicals of which bio-
India has some great advantages that increased due to a variety of reasons. That based specialties are a part of. One
include diverse feedstock, huge market, has posed a significant challenge. of the opportunities has been the fuel
affordable talent, lower project cost etc. Meanwhile, sourcing of Ethanol blending programme. This created an
Changing geo-political dynamics, thrust is important. India’s Ethanol Blending opportunity to produce Ethanol through

on Make in India, India’s push for green Programme has some potential various routes. In addition to molasses,
energy, green hydrogen, carbon capture repercussions too. Currently sugarcane, the government also made available
technologies and a thriving startup molasses and rice are the major feedstocks. damaged grain as raw material. Ethanol,
ecosystem bode well. These crops are water thirsty and there is an CNG and Methanol would be interesting
We will witness disruptive changes overlap with the food chain. We are talking green feedstock in future to produce a
due the sustainability requirements as about corn and biomass as alternatives. whole range of hydrocarbons through
well as due to new technologies including Biomass will be an important feedstock but alternate processes and technologies.
digital. Ones who respond well will have again it will compete with the energy sector India Glycols is unique in the world
great opportunities. Others will have and excessive use of biomass will pose to produce ethylene, ethylene oxide and
an extremely high pressure to either another challenge because we will be taking several derivatives like glycols, green
transform or get acquired or else the be out organic matter and nutrients from the solvents, and specialty chemicals that
out of business. soil. Moreover, some of the technologies/ have a better environmental impact
[84] INTERVIEW
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products which even became cheaper on

the other hand. Now, we have taken several
actions. We invested in grain-based ethanol
capacities. We now have a wider range of
options to manage our cost base apart from
importing ethanol. In addition, Biofuels
presented an additional opportunity for
sales as well. The situation however is
dynamic, and we are able to choose various
options based on best viability.
We have three broad end use areas
for our ethanol i.e. Chemicals, Biofuels
and Potable Spirits. This has made the
business more resilient in terms of back-
end feedstocks as well as frontend usage
areas.
How has India Glycols performed
profile. This will drive the opportunities Our diversification into potable spirits
during FY 2023-24 and what are
for bio-based chemicals. However, has also helped to derisk the business
the plans for FY 2024-25?
carbon capture materials, cellulosic and improve business performance. Last
materials will become are potential Due to Covid and other factors, the year i.e. FY 2023 the top line witnessed
feedstocks for green chemicals in future. last 2 to 3 years were quite disruptive for a slight decline, but it had seen a good
Green materials can be classified into several industries including India Glycols. improvement in the EBITDA of around 15%.
conventional and novel materials. The first Sharp increases in feedstock costs, energy The performance for 9M for FY 2024 has
one comprises conventional materials costs and freight costs posed a challenge. been much better with a revenue growth
but made from greener feedstocks such Imported ethanol prices went up of ~ 17% and EBITDA growth of ~ 45%.
as making PTA for polyesters using bio- Imported ethanol price went up from Overall, we expect a good year.
based feedstocks like bio-based MEG. approximately Rs. 35 to Rs. 70 per litre We have been focusing on leveraging
These materials have a lower carbon landed at its peak. The price has seen our strengths including our sustainability
footprint but still have some of the issues a correction but are nowhere close to credentials, strong manufacturing
like biodegradability and environmental the earlier levels which had been stable footprint, strengths in product, process
impact like micro-plastic issues etc. by and large for many years prior to the and application development and a strong
The next big step will be novel period of sharp escalation. Secondly, many relationship with good, reputed partners.
materials which are not only made countries are looking at their own energy With all these, we are also looking at
from greener feedstocks but have other security due to the volatile situation in the new value-added chemicals. We have set
greener attributes like biodegradability Middle East and Russia – Ukraine issue. up a new R&D Centre and expanded our
and lesser adverse impact on land, Thirdly, there are energy transition hiccups manufacturing for a range of value-added
water, food chain etc. For example, some in many parts of the world as the energy chemicals like Oil Field Chemicals, Carbon
work is being done on polylactic based prices went through the roof particularly Smart Materials, Green Solvents, Speciality
and other novel polymers. However, in Europe thus affecting the entire energy Esters, Biopolymers and Amines etc. This
while polylactic acid-based materials ecosystem which also impacts the global is with the aim of improving the quality of
offers better biodegradability, it does not ethanol prices. the business as well as creating new areas
have the same level of heat tolerance and These factors posed a significant for growth.
tensile strength. Therefore, continued challenge in managing our prices and
innovation for improving functional position our products against crude based What strategy should India adopt
performance as well affordability will be to become a global manufacturing
an important driver. hub for bio-based Specialties,
In the times to come, apart from
We must have a sharp Performance Chemicals, and
regulations, wider introduction of some focus on process safety Pharmaceuticals? What role does
forms of carbon tax and/or penalties and environmental risk India Glycols see for itself in making
on one hand as well as wider adoption India a global manufacturing hub?
of carbon trading will be an important
management as well
driver for adoption of greener materials as compliances and We need to transform our organizations
and processes. governance towards having a culture of learning and
innovation, high standards and excellence.
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We have come from a past where we would policy support as it should probably get. also crucial to attract good talent which is
get a loan, licence, put up a factory, have We must have a sharp focus on process at the heart of creating successful chemical
some people and start production by getting safety and environmental risk management companies.
technology from MNCs. Today licenses and as well as compliances and governance. Similarly, we can expect the world to be
capital are not the real constraint and it all It is becoming increasingly critical from far less tolerant of companies that continue
about investing in great talent, excellence, the view of stakeholders. These include to not address these risks. The expectations
and innovation. This is crucial to create a society, regulators, consumers, NGOs, of stakeholders and regulations will
knowledge-based organization for driving governments, and policy makers as well as continue to become more stringent. Even a
innovation to meet unique and arising investors. Without that we will not attract few major incidents can have a detrimental
needs for the India as well as the world talent, get necessary policy support, or impact not only on specific companies but
and deliver sustainable products. This will attract investments which are key for the the industry as a whole. I therefore consider
continue to be an important area for the industry to realize its true potential. It must investment in safety and environmental risk
Indian speciality chemicals industry. not be seen as a cost but a very important management not a cost but a long-term
We also need to strategize in a way investment for building great businesses. strategic imperative.
that can address India's challenges, In the end, it is not about individual
encash opportunities and leverage India’s companies as much as it is about create How are Indian companies driving
advantages in terms of talent, raw material, winning ecosystems. The electronics innovation?
feedstocks and capital cost. Another area ecosystem of Japan or the automobile
that needs attention is the availability of ecosystem of Germany or several others Driving innovation foremost is about
feedstock for base materials which are are good examples. Lastly, particularly, creating a strong culture of learning and
either not produced or not competitively in today’s world it is about outstanding innovation. That needs time, investment, a
produced. For the pharmaceutical and collaboration and creating reliable, strong belief, motivation and commitment.
agrochemical industry, the majority of trustworthy, and lasting partnerships. The fruits of this often-longer term but
API (key starting materials) are still being much larger and much longer lasting. You
imported from China. This is a concern as Initiatives taken by India Glycols can beat one technology which another
well as an opportunity. for enhancing process safety company may have acquired but you
There is also a need to build a good across all facilities/processes to make can’t beat a strong culture of innovation.
manufacturing ecosystem. I have wondered operation intrinsically safe? It is about not about doing it all along but
why India has not created parks like Jurong building a strong culture of collaboration
Island, Singapore. If you look at it, India is Conventionally, safety was thought within and outside the organisation, a
in a much better position in almost every about as taking some extra care, following culture where people are given space
respect to create several manufacturing some procedures, and providing personal to think, space to try and to learn from
set ups like or better than Jurong and protective equipment etc. That is a very mistakes. It is about creating a fertile
make them much more successful. India limited way of looking at safety. Process ground for sprouting of ideas, evaluation of
is better placed in many respects be it safety is a very advanced science. It is ideas, weeding out and shortlisting of ideas
access to feedstocks, access to markets, about adopting leading edge practices, and then executing them and scaling them
quality of talent, cost of talent, cost of doing leading edge science, technology, design up with perseverance.
projects, availability of land, water and and most importantly a strong culture It is also about focusing on identifying
other resources. Yet many consider Jurong throughout the organisation. problems or needs and creating value for
as a preferred manufacturing destination Process safety for example is about customers, consumers and society. In the
due to several factors. These include work examining the impact of all layers together times to come sustainability will remain at
culture, standards (EHS and quality), better and quantifying the risk. It is a very the heart of innovation and it will drive the
facilitation by the government and better rigorous approach which helps improve in most innovation in the industry. We, as a
collaborative working by the industry. a multiple dimensional way. With emerging country, are making progress, but we need
Another very important aspect is technologies like digital and AI, this will to keep pushing as there is a lot more that
proactive risk management and the advance even faster. Good companies will needs to be done and eventually about not
perception around managing the EHS risks. progress to convert their ability to manage only about catching up but getting ahead
In my view, this is one of the reasons why Process Safety and Environmental risks in an ever increasing competition in the
the chemical industry does not get as much into a distinct competitive advantage. It is world.n
 [88] INTERVIEW
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SET TO BECOME INDIA’S ONE

OF THE BEST PORT-INTEGRATED
INDUSTRIAL ZONES
Offers world class infrastructure, multi-modal connectivity and a tax free environment

Ram Reddy Ojilli K. Muralidharan

Managing Director & CEO Director, Kakinada SEZ &
Kakinada SEZ Executive Director
and KGPL KGPL Gateway Port

What is the total area and unique Environmental clearance from Ministry topping of roads are in progress.
features of Kakinada SEZ Ltd? of Environment, Forest and Climate
Change, Govt. of India and Consent What are the main strategic
Auro Industrial City (AIC), situated for Establishment (CFE) from Andhra priorities for the company in the
near Kakinada, Andhra Pradesh, is an Pradesh Pollution Control Board (APPCB). next five years?
expansive port-based industrial park under The basic infrastructure such as power,
development by Kakinada SEZ. Covering desalination water and construction roads We aim to develop AIC, a port based
approximately 5,600 acres, it will be are being developed. The development industrial park with the advantage of
complemented by the Kakinada Gateway of specialized infrastructure such as being exports and imports, as a global
Port, which includes a port backup area Common Effluent Treatment plants, destination by focusing on attracting
spanning 1,650 acres. Offering land desalination plants is under process, domestic and international investments
options within SEZ and DTA formats, 400/220/132 KVA substation and black across various sectors by promoting the
the park is designed to accommodate advantages of locating within the industrial
industrial units with a Plug and Play model park, such as favorable policies, logistical
approach. An upcoming port of benefits and access to markets.
Kakinada Gateway Port
What is the current status of How do you plan to attract and
development of Kakinada SEZ? Limited (KGPL) will add retain investors in Kakinada SEZ
additional advantages to Ltd?
The industrial park has already received the SEZ industries
approvals for its operation including Kakinada SEZ (KSEZ) comes under the
www.indianchemicalnews.com INTERVIEW [89]

PCPIR region. It is located on the central a 400/220/132/33 KVA substation located What are the USPs for Kakinada
east coast and has a plug and play model. within the industrial park. These utilities SEZ?
With all these advantages, KSEZ team are complemented by other amenities
is vigorously marketing the project in and shared social infrastructure. The Park Strategic Location: Positioned near
respective state, central and global level offers seamless connectivity to hinterland Kakinada, Andhra Pradesh, with proximity
by attending conferences, associations of India as well as global locations as to major transportation routes i.e.
and trade deliberated below: National Highways, Railway network and
An upcoming port of Kakinada Gateway • Bharatmala Road (4 lane access- the Kakinada Gateway Port, facilitating
Port Limited (KGPL) will add additional controlled highway - NH 516F) passes efficient logistics and access to both
advantages to the SEZ industries and will through the industrial park, creating domestic and international markets.
ease export and import business to enjoy seamless connectivity from NH16 at Integrated Infrastructure: The
long term logistical advantage. Hence, Annavaram to Auro Industrial City. industrial park is well planned with
every industry will prefer KSEZ. •  A railway line from Annaravaram specialized infrastructure such as
station to Kakinada Gateway Port Common Effluent Treatment plant, Co-
What facilities are provided at is being developed to cater to the generation plant, Desalination plant
Kakinada SEZ? requirements of transporting cargo and marine outfall apart from the basic
through railway. Kakinada Gateway infrastructure.
The Industrial Park is in the process Port is 3-4 km and Kakinada Seaport SEZ and DTA Options: Providing
of development and will feature essential is about 25 km from the industrial park flexibility with land options in both Special
utilities, including a Common Effluent which shall ease the access of imports Economic Zone (SEZ) and Domestic Tariff
Treatment Plant with a capacity of 80 and exports. Visakhapatnam airport is Area (DTA) formats, catering to diverse
MLD and the capability to treat 25 MLD 135 km away, providing international business needs and preferences.
of HTDS, a Common marine discharge air travel access. Rajahmundry airport Plug and Play Model: The industrial
system, water sourced from a 150 MLD is 78 km away, allowing additional plots earmarked are planned to enable
desalination plant, and power provided by domestic air travel. businesses to quickly commence
[90] INTERVIEW
COLUMN www.indianchemicalnews.com

operations. Can you please share some overall economic growth of the
Government Support and Incentives: examples of successful projects region?
Incentives such as tax benefits and and partnerships that Kakinada SEZ
single desk clearance by the government Ltd has undertaken? Kakinada SEZ Ltd has the potential
supports us to attract and encourage to significantly contribute to the overall
investment within the industrial park. KSEZ is becoming a hub for multiple economic growth of the region in several
industries with its advantages, around ways. Firstly, it serves as a catalyst for
What steps are being taken to 10 Aqua processing units operating out industrial development by providing state-
ensure sustainable development of KSEZ and few more adding soon. of-the-art infrastructure and a conducive
and environmental responsibility With this KSEZ has become the largest business environment for various
within the SEZ? aqua processing zone in the region/state. industries to thrive. This attracts both
The park is set to host Asia’s Largest domestic and foreign investments, leading
AIC is planned by incorporating Penicillin- G manufacturing unit. Apart, to job creation and income generation for
sustainable practices and environmental few other pharma-based companies the local population.
considerations into development plans to have initiated construction and shall be Overall, Kakinada SEZ Ltd plays a
ensure long-term viability and minimize operational in next 12-18 months. pivotal role in shaping the economic
ecological impact. landscape of the region by fostering
How do you envision Kakinada industrialization, facilitating trade and
How are you engaging with the SEZ Ltd contributing to the promoting innovation, ultimately driving
local community to foster sustainable and inclusive growth for the
economic growth and job creation? Kakinada SEZ Limited benefit of all stakeholders.

AIC has taken responsibility for regional How do you promote innovation
growth and development and the CSR team Kakinada SEZ Ltd plays and technological advancements
is working towards development of the within Kakinada SEZ Ltd?
local community by identifying the needs
a pivotal role in shaping
and strengths of the local community. the economic landscape Collaboration with Research
Special Action Plan is made for the of the region by fostering Institutions: KSEZ fosters partnerships
development such as skill development with leading research institutions and
center, training center, etc. Moreover, job
industrialization, universities to leverage their expertise
opportunities will be available in Industries facilitating trade and and resources. Collaborative research
located in KSEZ and eligible personnel will promoting innovation projects enable knowledge exchange,
get jobs in the related fields. technology transfer, and the development
www.indianchemicalnews.com INTERVIEW [91]

of innovative solutions tailored to the

needs of industries within the industrial
park. Example: Indian Institute of Foreign
Trade and Indian Institute of Packaging
are establishing campuses next to the
industrial park.
Open Innovation Platforms: We
facilitate open innovation platforms
and collaborative networks within the
SEZ, bringing together industry players,
startups, academia, and government
agencies to share knowledge, resources,
and best practices. These platforms
promote cross-pollination of ideas,
facilitate technology scouting and
accelerate the pace of innovation.

How do you prioritize corporate

social responsibility within
Kakinada SEZ?

Prioritizing corporate social management practices, and undertaking include internships, apprenticeships, and
responsibility (CSR) within Kakinada SEZ afforestation and biodiversity conservation industry-sponsored projects to provide
Ltd is integral to our business ethos and initiatives. hands-on experience to students.
strategic vision. CSR activities are being carried out Vocational Training Programs:
Stakeholder Engagement: We in the form of providing breakfast to Offer vocational training programs in
actively engage with stakeholders, the government school students, skill collaboration with government agencies,
including local communities, government development training, and rejuvenation of industry associations and NGOs. These
authorities, NGOs, and industry partners, govt schools. programs can focus on specific trades or
to understand their needs, concerns, and skills needed in industries within the SEZ,
aspirations. This engagement informs What initiatives are being such as welding, electrical work, machine
our CSR initiatives, ensuring they undertaken to enhance the skill operation, and quality control, etc.
address relevant social, environmental, development and employability of
and economic challenges faced by the local residents? Can you please outline the
community. company's plans for expansion
Community Development Programs: Skill Development Centers: Establish and diversification in the future?
We design and implement community skill development centers within the
development programs that focus on Industrial Park premises or in collaboration KSEZ may plan to expand its
areas such as education, healthcare, with local educational institutions to offer infrastructure to accommodate more
skill development, and infrastructure training programs in sectors relevant to industries and businesses. This could
enhancement. These programs aim to the industries located within the industrial involve acquiring additional land,
improve the quality of life and socio- park, such as manufacturing, logistics developing new industrial zones or parks,
economic well-being of communities and technology. and upgrading existing facilities to attract
residing in and around the SEZ. Industry-Academia Partnerships: a wider range of companies.
Environmental Sustainability: We Forge partnerships with nearby However, KSEZ's group company
prioritize environmental sustainability universities, technical colleges, and Auro Infra Pvt Ltd is well diversified
by implementing measures to minimize vocational training institutes to design into various businesses, including EPC,
our ecological footprint and promote curriculum modules tailored to the skill construction, realty, port development,
conservation. This includes adopting requirements of companies operating mining, manufacturing of chemicals,
green technologies, implementing waste within the SEZ. These partnerships can etc.n
[92] INTERVIEW
COLUMN www.indianchemicalnews.com

SAURADIP SETS A GREEN

BENCHMARK IN SUPPLY CHAIN
Sauradip Chemical Industries is in its 50th year of operation and today exporting products to
more than 40 countries. The company has a sustainability focused supply chain ecosystem.
Sauradip manufactures with zero discharge and zero waste
By
Vedika R. Shah

Dr. Kishore Shah Rajive Shah Jaideep Shah

Chairman Managing Director Executive Director
Sauradip Chemical Industries Sauradip Chemical Industries Sauradip Chemical Industries

S
auradip Chemical Industries was is in constant touch with customers. They Dr. Kishore Shah, Chairman, Sauradip
founded in 1974 with a philosophy deliver high performance solutions and Chemical Industries, was President of the
of Care, Trust, and Bold Creativity, solve challenges across various industrial Indian Specialty Chemical Manufactures’
which have now become our core segments. Association from 2007 to 2012. For the
values. In the last 50 years, we have built Sauradip’s knowledge based and first time in 60 years, the Indian Specialty
unparalleled goodwill with our customers, solution driven approach continues to Chemicals Manufactures’ Association
suppliers, and our team. improve and change the quality of life of (ISCMA) awarded the Life Time
We are constantly raising the bar in the Indians. We have been well recognized in Achievement Award to Dr. Kishore Shah
industry by developing highly customized the industry with many accolades. on the occasion of their annual function
green products in consultations with in 2013. The award was bestowed to him
customers. Our efforts have been to make by Rajubhai Shroff, Chairman of United
available green products to customers We do not use any Prosperous Ltd, for meritorious service
at an affordable price and we have been chemicals which are rendered to Indian Specialty Chemicals
touching the lives of people across the Manufactures’s Association. Dr. Kishore
globe. Today, we have a strong presence
hazardous and damage Shah wrote world class books (1)
in India and are relatively exporting to five the environment and the Handbook Synthetic Dyes & Pigments-
continents across 40 different countries. safety of our people 5 editions (2) Handbook of Industrial
Our dedicated sales and marketing team chemicals - 4 editions which are used
www.indianchemicalnews.com INTERVIEW [93]

as reference book throughout the world. chain. We also work on digitalization to

Sauradip is a manufacturer of customized create a sustainable competitive edge.
performance chemicals and works closely We believe in quality assurance and have
with customers to offer them Tailor-made ISO 9001, IS0 40,001 and ISO 45,001 for
cost-effective solutions. We believe in health and safety.
the philosophy of “Sustainable Solutions
for a greener planet so that we can make How did Sauradip ensure to
a positive impact in the lives of people mitigate risk associated with the
globally”. transportation and distribution of
We cater to customers for Water chemicals during the pandemic?
Treatment Chemicals, Paint & Coating What is your suggestion for the
Additives, Fiber Finish for Synthetic yarn, industry?
Additives for construction chemicals,
Metalworking additives, Performance We have been pioneering green
chemicals for Oil Exploration & Refining, thinking. Hence, we use only non-
Green surfactants for Home & Personal hazardous products. We do not use any
Care, Antistatic Agents for plastics & chemicals which are hazardous and
Coatings, High- performance Disinfectants damage the environment and the safety
for Industrial cleaning, Specialty chemicals of our people. In terms of avoiding
for mining. Sauradip plays an important role accidents, one should always first read
in the demanding and highly competitive the MSDS (material safety data sheet) to
industries of upstream oil exploration and understand the handling of the material.
downstream oil refining. Homeowners Each chemical has a different property
experience a better finish with the addition and needs proper handling. If we follow
of Sauradip’s defoamers, wetting agents, the prescribed handling guidelines, we
surfactants, buffering agents, humectants, can easily avoid any untoward incident.
and dispersants in the paints they used to as important as customer and should not
cover their walls. From Sauradip's perspective, be taken for granted.
can you cite some examples of
How has the supply chain successful strategies implemented Do you think that price is also a
evolved in the last 50 years for to optimize the inventory major factor in the functioning of
the industry and Sauradip Chemicals? management? the supply chain for the Indian
chemicals market?
The supply chain is the most critical We work very closely with all of our
part for us as we work closely with suppliers as inventory management Pricing is a very volatile factor due
the customers to provide them timely can only happen with collaboration. to various factors which are beyond our
delivery. We try to ensure that the raw No company can manage it alone. We control. You may hedge your material
materials have to be sustainable as focus on our own plan and forecast for for a quarter and manage pricing, but
far as possible and we also work on our suppliers and work accordingly in sometimes disruption happens overnight.
procurement, planning, manufacturing collaboration with them. We believe that Here, one needs to explain the prevailing
and then logistics, the five parameters loyalty and long-term partnerships with scenario to customers in order to convince
for the supply chain. Our processes suppliers are very important. We don’t them. Once we are on the same thought
are zero discharge and zero wastage. change our loyal suppliers just because process, then the supply chain is not a
Once the production is completed, the we get cheaper alternatives. We believe problem. But, if somebody says there is a
supply chain becomes responsible for in long-term relationships and tell our 20% rise in price and customers still want
safe transportation of products to the vendors to provide the best competitive material at the old price, the supply chain
customers. Our vision is to have human pricing. We also make payments on has a problem.
and environmental safety and save our time so that they can timely source the
resources such as energy, water and time. materials. All this is very much interlinked Sauradip focuses entirely on
These are the top criteria for our supply and the mindset should be that supplier is green and sustainable products.
[94] INTERVIEW
COLUMN www.indianchemicalnews.com

company may have different to become innovative and develop the

priorities in different times products that are easy to use and handle.
but I think they will go for For example, there are liquid products that
digitalization as it helps in are difficult to handle at low temperatures
reducing carbon footprint as as they turn into a solid. So how does one
well. As the carbon credits develop a product which can remain liquid
are picking up globally, the to temperatures? If one works in these
pace of implementation of directions, there will be a lot of challenges
digitalization will get faster. but at the end of the day, it is about helping
Environmental standards and delighting the customer.
in the supply chain are
necessary but regulations The Government of India has
sometimes create obstacles come out with the National
as well. How do you look at Logistics Policy (NLP) and is working
environmental regulations very hard to implement it. How is it
as a company and industry? going to benefit the overall logistics?
Regulations are very important
and are going to benefit the The government is doing a phenomenal
Can you explain whether green is industry in the long run. job by launching the NLP. The way they are
also part of your supply chain Even, globally, we have to deal with the developing the infrastructure, ports, roads,
ecosystem? regulations in the chemical industry. Be international logistics, it will certainly help
it Germany or China which are chemical the whole chemical industry. Travel time
We have a very sustainability focused hubs, each country has its own regulation will reduce and cost pressures will ease.
supply chain ecosystem. As told earlier, and I think it is good for the environment Everybody will benefit and they will pass
we don’t use any hazardous material and and people around. Compliance is the on the cost benefit to the end consumers.
our processes are designed in that way. important parameter because if we It is going to be a win-win situation for
We manufacture with zero discharge and comply with the regulations then we can the entire industry. India will benefit from
zero waste. We handle all material in bulk comply with everything. The regulations the logistics policy as manufacturers,
via tankers to reduce energy consumption. are brought after proper studies and to
So, we try to integrate the whole system address the specific problems.
by which it becomes very simple and Our vision is to have
lower the carbon footprint. human and environmental
safety and save our
How would you explain the
emerging scenario for the resources such as energy,
digitalization of the supply chain in water and time
India and how it is going to benefit What are the challenges that the
the chemical industry at large? Indian chemical supply chain
sector is facing and how to address suppliers, and customers will reap the
Digitalization is good but it is taking them? benefits.
its own pace as every change faces
resistance at the initial stage. But, The innovation has become very Since you are exporting to 40
digitalization will prevail over a period of significant globally as the customer needs countries, what is the volume of
10 years and benefit the industry. It will keep changing. Therefore, there has to be the exports? Which countries are
also supply a talent pool to industry by very strong research and development your main export destinations and
taking workload and will help the world initiatives to address new demands in which products are exported?
become much smoother and transparent. the chemical industry. Today, most of the
Transparency will be there because customers are looking for greener or eco- 50 per cent of our volumes are exports.
everything is communicated through friendly products, while 10 years back The regions where we are focusing
digital means without ambiguity. Each that was not the norm. Industry needs mainly are Southeast Asia, Africa, Middle
www.indianchemicalnews.com INTERVIEW [95]

Sauradip spends 6 to 7 per cent

of its Budget on R&D. Which
new products and innovations are
you working on?

We work closely with the customers

and based on the requirements we do
a lot of new developments. This is an
ongoing process and we have a strong
R&D focus. We work with the end
consumers and develop products such as
shampoos, dish wash, laundry, liquid etc.
Customers these days want eco-friendly
green chemicals. People are ready to pay
a premium and in fact you see premium
products are doing well here in India.
India is in a sweet spot and we believe
India's story will remain intact for the next
10 years.

For the last 5 years, the company

East, North America and Latin America. Lubricants and a basket of products which has retained about 30 percent
The product categories include Green we are exporting to different industries. We growth rate. What is the expectation?
surfactant, Anti-static agents, Paper are basically into performance chemicals,
Chemicals, Water Treatment Chemicals, so wherever the customer has an issue Things are looking very positive and
textile observing chemicals, painting, we work closely with them and develop encouraging and we are confident of
coating additives, oil field chemicals, Fiber products for those particular applications. maintaining the same momentum.n
[96] INTERVIEW
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AIMING EXPANSION AND VALUE

CREATION TO BECOME LEADER
IN PIGMENT INDUSTRY
VOXCO is committing a significant Capex of approximately Rs. 60 crore towards this
expansion endeavour

high-performance pigment chemistries,

with functional innovations extending
beyond traditional color and aesthetics.
Functional advancements are gaining
Ishan Raveshia traction, particularly in coatings and
plastics, where pigments are required
Managing Director to meet stringent performance criteria.
VOXCO Pigments and Chemicals These include attributes like durability,
industrial resilience, decorative appeal,
as well as temperature and weather
resistance. Given the diverse applications
and extreme competitiveness, a one-
size-fits-all approach is no longer viable,
necessitating a multifaceted application
structure to meet varying industry and end
consumer needs.

What are the key trends/ encountering several challenges in this What strategies India should
challenges in organic and evolving market. Intense competition has adopt to become a global
inorganic pigments in 2024? led to pigments being commoditized due manufacturing hub for organic and
to large-scale production and vertical inorganic pigments? What role do
Over the past 150 years, the integration. Moreover, the presence of you see for VOXCO in contributing to
manufacturing landscape for pigments, unregulated and disorganized markets this goal?
both organic and inorganic has undergone adds complexity, although this is expected
significant shifts. Originally concentrated to change, particularly in India, following The 'Make in India' and “China plus
in Europe, the US and Japan, production in the footsteps of China's regulatory One” policy has emerged as a catalyst
has progressively moved to countries like adjustments. for various industries, bolstering India's
China and India over the last many decades. The industry is witnessing a shift position as a manufacturing hub. The
This trend is expected to continue for the towards environmentally friendly and government's initiatives have spurred
foreseeable future. Simultaneously, there's robust growth, with an impact on sectors
a growing emphasis on sustainability like chemicals, intermediates and
in pigment manufacturing, with India The company sets its pigments. As a result, India has positioned
emerging as a key player in incorporating sights on achieving a itself as a key player for these products in
eco-friendly practices, such as utilizing both domestic and global markets.
sustainable materials and promoting revenue range of US$ 36- To capitalize on this momentum,
energy efficiency. 38 million in the fiscal year certain key areas demand attention from
However, manufacturers are 2024-25 the Indian industry. Firstly, there's a
pressing need for backward integration
www.indianchemicalnews.com INTERVIEW [97]

to ensure a stable supply of raw materials

and intermediates. This strategic move
can enhance self-sufficiency and reduce
dependency on external sources.
Secondly, enhancing production
efficiency is crucial for sustainable growth.
By adopting world-class production
parameters and technologies, companies
can optimize their operations and meet
global standards. This not only improves
competitiveness but also drives value for
customers.
VOXCO is pursuing a comprehensive
growth strategy. This includes four major
stages:
Scaling up Production: Recognizing
the need for large-scale production to cater
to global demand over the next decade, three years over the next decade. With its
VOXCO is investing in technologies and Company's total manufacturing existing manufacturing presence spanning
infrastructure to establish itself as a capacity? What's your plan for across four production sites in Vapi and
leading manufacturer. the next two years? Sarigam, VOXCO is strategically advancing
Building Expertise: With human its growth trajectory by pursuing both
resources being a critical factor, VOXCO VOXCO commenced its journey in organic and inorganic routes.
emphasizes team building based on 2003 under an exclusive manufacturing The inorganic growth would
knowledge and expertise, especially in partnership with CIBA, a world renowned entail acquiring middle-level pigment
the specialized field of pigment chemistry. pigment manufacturing entity. By 2009, manufacturing companies within the
Developing an in-house talent pool ensures the company transitioned to direct sales, next three to five years, as a strategic
the company's capability to innovate and marking the beginning of a remarkable move aimed at unlocking synergies and
adapt to evolving market trends. trajectory marked by significant capturing strategic value propositions
Strengthening Brand Image: VOXCO achievements. within the industry landscape. Through
understands the significance of brand Currently, VOXCO boasts substantial these endeavours, VOXCO is poised to
reputation and market presence. By forging production capacities across certain consolidate its position as a formidable
strategic partnerships and penetrating key pigment categories. Its inorganic player in the pigment manufacturing
domestic and international markets, the production capacity, notably for chrome sector, leveraging strategic acquisitions
company aims to solidify its brand identity yellow and molybdate orange, stands and organic growth initiatives to drive
built on values and commitment. impressively at 6,000 tonnes per annum, sustained success.
Backward Integration and making it one of the largest in India.
Sustainability: Recognizing the importance Additionally, the company's capacity for VOXCO has acquired land in
of self-reliance and sustainability, VOXCO anti-corrosive pigments reaches 1,200 Saykha. Capex investment in the
is exploring opportunities for backward tonnes per annum, while organic pigments plant and when are you planning to
integration into intermediates and contribute around 1,500 tonnes. Presently, commission it?
sustainable raw materials. This strategic the inorganic segment dominates,
focus aligns with the company's growth accounting for 70-75% of total sales, VOXCO's plans for production
trajectory and ensures long-term viability. with production averaging total capacity expansion have been in motion for
By executing these strategic initiatives, utilization of 80-85%. nearly a decade, with land acquisition in
VOXCO is poised to further enhance its Looking ahead, VOXCO is poised Saykha – Dahej occurring approximately
position as a leader in the global pigment for further expansion and long-term 7 to 8 years ago. The original timeline
and chemical industry, leveraging the value creation. The company's strategic aimed to commence production at Dahej
opportunities presented by India's evolving roadmap includes the establishment of was FY 2022-23; however, unforeseen
manufacturing landscape. new manufacturing facilities every two to circumstances, including the impact of
[98] INTERVIEW
COLUMN www.indianchemicalnews.com

COVID-19 and fluctuations in the market, capabilities for their high-performance

led to delays. inorganic chemistries along with heavy The total production
Nevertheless, VOXCO has in recent metal free hybrid pigments to offer capacity upon completion
years invested and expanded its capacities innovative solutions to its clientele. will reach 5,000 tonnes,
both in Vapi and Sarigam production sites. Another significant collaboration is
The company anticipates launching the with PROMINDSA -Spain a world market leveraging the 25,000
first phase of production, featuring a leader specializing for Inorganic pigments square meter property to
capacity of 2,500 tonnes for specific in protective and marine coatings. This its full potential
organic pigment chemistries in the coming partnership enables VOXCO to offer a
year. Following this initial phase, VOXCO comprehensive range of coating solutions
plans to progressively expand its capacity tailored to the specific needs of its million in the fiscal year 2024-25.
over the subsequent three years, adding protective and marine strategic customers. Central to VOXCO's growth strategy
another 2,500 tonnes. The total production Lastly, VOXCO is associated with CHTI is a steadfast commitment to the
capacity upon completion will reach 5,000 - China, the second-largest manufacturing 'Make in India' initiative, reflecting the
tonnes, leveraging the 25,000 square company for Titanium Dioxide in China, company's dedication to bolstering
meter property to its full potential. focusing its sales in the western region domestic manufacturing capabilities. This
In terms of investment, VOXCO of India. This partnership aims to deliver commitment is further underscored by
is committing a significant Capex of enhanced value to customers through a VOXCO's expansive global footprint, with
approximately Rs. 60 crore towards this synergistic approach, leveraging CHTI's products being sold in over 52 countries.
expansion endeavour. Phase 1 will absorb products with VOXCO's domestic market In terms of market distribution, VOXCO
an investment of Rs. 40 crore, with the presence. has witnessed robust growth in both
remaining funds allocated to Phase 2. This domestic and international markets over a
strategic investment accentuates VOXCO's Financial performance in FY period of time. The company is extremely
commitment to growth and its confidence 2023-24 and what's your plan optimistic for its sales in the domestic
in the future opportunities in the coloured for FY 2024-25? markets with current 65% revenue from
pigment market. the domestic sales and 35% revenue from
VOXCO's growth trajectory remains the international market.
VOXCO is an exclusive distributor robust, with an annual expansion rate The company anticipates a gradual
of multiple international ranging between 10-12%. Notably, in shift in this ratio, projecting a 60:40
companies. Please elaborate? the fiscal year 2023-24, the company distribution between domestic and
achieved a growth of 10% by value and international revenues as it continues to
VOXCO has forged strategic an impressive 20% by volume. This uptick sustainably grow in near future.
partnerships with five companies, each in volume growth was facilitated by a
serving as an exclusive distributor for decrease in raw material prices during the International markets that you
the Indian market. One such partner is same period. However, despite the volume are planning to target to sell your
CINIC- China, a renowned manufacturing growth, the increase in value was limited products and how are you planning to
company for its high-performance to 10% due to the same reason. target these countries?
organic pigments catering to high-value Looking ahead, VOXCO anticipates
applications in coatings and plastic sustained growth momentum. In the VOXCO's foremost objective is to
masterbatches. coming fiscal year, the company forecasts cater to the evolving needs and delivering
Additionally, VOXCO collaborates with a value growth of 15%, complemented by value to its strategic Indian customers.
SNCZ - France, a leading global French a volume growth of 20%. This optimistic This commitment is underscored by the
company specializing in anticorrosive outlook is buoyed by the strengthening of company's strategic expansion plan,
pigments and environmentally friendly new production capacities, particularly in which entails increasing production
pigments, particularly in the realm of the organic segment. capacities every two years. With domestic
functional chemistry for anti-corrosion In terms of revenue, VOXCO recorded customers experiencing steady growth
applications. approximately US $30 million in the rates of 8-10% annually, VOXCO remains
Further bolstering its portfolio, VOXCO fiscal year 2023-24. Building upon this dedicated to meeting their demands and
has partnered with HABICH - Austria, foundation, the company sets its sights on exceeding their expectations.
leveraging its strong manufacturing achieving a revenue range of US $36-38 Looking ahead, VOXCO is poised to
www.indianchemicalnews.com INTERVIEW [99]

extend its footprint beyond Indian shores, this domain include the development of our manufacturing sites.
targeting key markets in the USA, Mexico, environment-friendly pigments and easily
South America and Europe over the next dispersible variants, designed to optimize Sustainability road map and
two years. This strategic initiative aligns production processes, reduce energy status of Ecovadis certification
with the company's vision to grow its consumption and enhance production in FY23?
brand image and establish a stronger efficiency. By prioritizing innovation
global presence. and sustainability, VOXCO would like to As a Silver Ecovardis certified
remain at the forefront of value creation, company, we are committed to advancing
What new products are you continually striving to exceed customer our sustainability initiatives. Our goal is
developing at Vapi R&D centre? expectations and drive positive change in to continuously improve our certification
the industry. grades, striving for higher point scores in
R&D stands as a cornerstone of the years ahead.
VOXCO's operations, embodying our Initiatives that you have started Operating within the realm of
commitment to delivering enhanced value for enhancing process safety sustainability, we diligently coordinate
to our customers. We keenly observe the across all facilities and processes to various process parameters to enhance
efficiency within our production systems,
thereby reducing manufacturing costs
through bringing efficiency in our
production and focusing on utilization of
renewable resources.
Environmental sustainability should be
important to every human being and in our
areas of production we establish annual
benchmarks to guide our progress and
work towards sustainable practices.

CSR plans with respect to

betterment of rural livelihood
and education? Projects implemented
in FY 2023-24 and plans for FY 2024-
25?

evolving landscape of infrastructure and make an operation intrinsically safe? Our core ethos at VOXCO revolves around
road construction in India, recognizing the enriching lives and fostering unwavering
growing demand for innovative solutions. VOXCO is dedicated to enhancing commitment to all stakeholders. In line
Recently, we encountered a challenge value and fostering commitment not just with this vision, we've established the
in the realm of hot melt road marking for our esteemed customers but also LRC Trust, generously funded by VOXCO
products, historically for our internal team and and like-minded individuals. This trust is
sourced from Canada. shareholders. Over the years, dedicated to promoting empowerment,
Moreover, our focus we have diligently pursued a sustainable development and social justice.
extends to mobility comprehensive framework Our primary focus areas encompass
applications, where we have aimed at securing ISO 9000, providing access to education, healthcare
invested significantly in developing high- ISO 14001, and ISO 45000 certifications. and livelihood opportunities.
performance products tailored to meet Our integrated management systems, Notably, we've been deeply involved
the stringent demands of this sector. By coupled with a meticulously structured in advancing girl child education in rural
leveraging and working on technology, environment and safety policy, underscore areas of South Gujarat region, striving
we aim to address emerging challenges our unwavering focus on safety, health and to break barriers and create avenues for
and capitalize on evolving market trends, environmental concerns. empowerment. Additionally, our efforts
positioning ourselves as a trusted partner Rigorous attention to regulatory extend to healthcare, exemplified by our
for mobility solutions. compliance further underscores our cataract operation camp last month, which
Additionally, VOXCO places a strong commitment. We continually prioritize have positively impacted more than 500
emphasis on functional pigments, safety, health and environmental individuals, underscoring our dedication
recognizing their potential to drive considerations, exemplified by our ongoing to tangible, impactful initiatives within our
sustainable innovation. Our efforts in coordination of numerous projects across communities.n
[100] INTERVIEW
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CLOCKED REVENUE OF RS. 316

CRORE IN FY 2023-24
Planning to set up one more manufacturing facility for precision manufacturing of rotary
valves, diverter valves and other powder handling equipment

Building a global presence is a slow

process. First and foremost is to create
visibility and connection with the customer
base in these geographies. We are up on
Vikas R. Bhatia creating our visibility through online and
offline marketing strategies. Offline includes
Managing Director participating in trade shows of interest other
RIECO Industries than that having local channel partners is
what we are pursuing in different regions.

The company also provides

comprehensive solutions with
respect to pneumatic conveying,
grinding and air pollution control
processes. How has RIECO Industries
performed and orders bagged in FY
2023-24?
How is RIECO Industries preparing delivering innovative and sustainable
for its 50th year celebration in solutions in powder and bulk solids Other than the grinding portfolio, all our
2025? Are you looking at any change processing and handling? How has the offerings have performed well in the current
in vision and mission statement in the company performed and orders year. The grinding portfolio was slower
50th year? bagged in FY 2023-24? due to delayed finalization of orders. We
are confident that in the coming year, the
We will start celebrating our golden We had a mixed year in FY24. There was order intake will be significantly larger than
jubilee year in a few months. Lot of activities some slowdown in order intake, however, the previous year. We are expecting some
are being planned in 2025. This includes our execution has surpassed all records and good breakthroughs in air pollution control
recognizing the Top 50 customers who our sales have grown by 29% YoY. In FY25, equipment. Similarly, we are bidding for
have contributed to RIECO’s journey. We will we expect a strong growth in order intake as several large size orders for powder handling
also remember long forgotten employees our funnel is very strong. Due to the ongoing through pneumatic and mechanical handling
who have been instrumental in making the elections, some of the decisions are pending packages and are optimistic to make huge
company stronger and better. The vision but June 2024 onwards we expect a strong inroads in this area.
of the company as it steps into its 50th momentum.
Anniversary is to become the global leader We are expecting some
in powder & bulk solids processing and The company is planning to be a
handling technology. leading global player in the field good breakthroughs
of powder and bulk solid technologies. in air pollution control
RIECO Industries specializes in What's your strategy to capture global equipment
orders in different regions?

Global Leaders INNOVATE Our Solutions

In Powder Handling & CREATE Grinding Solutions

Powder Handling Solutions

Processing Technology DELIVER Clean Air Solutions

Equipment & Accessories
www.indianchemicalnews.com INTERVIEW [101]

Bag Slitting Machine Skid Amounted ACM

The company has been adapting plough shear mixers etc. We should be It certainly will help in projecting
and meeting quality standards finalizing the facility by Q2 FY25. RIECO as a one stop shop for having
like ISO, GMP, ATEX and CE. What's process capabilities with automation and
the progress on this front? Are you How is Material Trial Lab helping instrumentation.
chasing any new standards in 2024? RIECO Industries simulate various
conditions for its clients to understand How are you placed on the
The progress has been good and we have the behaviours of different powder manpower front? How many
catered to many requirements materials thereby providing people are you planning to recruit in
with CE/ATEX specifications. high quality solutions? Are the next two years to meet greenfield
In 2025, we will be additionally you adding new machinery and brownfield expansion?
covering EAC/EN standards in in the Material Trial Lab?
our equipment and systems. We have around 50 positions open
A few more equipment are currently and we expect to hire a total of 200
Revenue and profit at the end of planned including Particle Size Distribution personnel to fuel our growth and add new
FY 2023-24? Order in hand at the Analyzer. The Material Testing and Trial Lab capabilities in the bioenergy space.
end of 31st March, 2024? gives a very well calibrated design meeting
the powder characteristics and its expected What are the new innovations you
We have clocked a revenue of Rs. 316 behaviour. are planning in 2024? How will
crore with a 6.5% EBITDA. these innovations help in maintaining
RIECO is planning to embrace RIECO's leadership position in different
The company has three Industry 4.0 to deliver digital and segments?
manufacturing facilities equipped automated benefits to its clients for a
with cutting-edge machining facilities competitive edge. How will this help Apart from additions to the vast portfolio
with the highest level of precision and your clients in the long run? of powder handling and processing
efficiency. Are you planning to add any equipment, our foray into the bioenergy space
additional manufacturing facilities in will be the most interesting development for
the next two years? the organization. This includes the ability
We expect to hire a total to execute turnkey Solid Bio Mass Boilers,
Yes, there are plans to put one more of 200 personnel to Waste Heat Recovery Boilers (WHRB),
manufacturing facility for precision Compressed Biogas Plants (CBG) and
manufacturing of rotary valves, diverter fuel our growth and add Bio-Charcoal conversion plants. We are
valves and other powder handling equipment new capabilities in the working with various research institutes and
like automated bag emptying stations/ bioenergy space consulting agencies to create our solution
machines, telescopic discharge chutes, footprint in this space.n

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[102] INTERVIEW
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AIMING TO BECOME LEADER

IN ENGINEERING AND
CONSTRUCTION SECTORS
Secured orders of a planned Capex exceeding over Rs. 2,000 crore and projects are
progressing as per schedule

How has the overall performance

been for Shiva Engineering
Services in 2023 -24 and what is the
expectation from 2024-25?
Ashish Parikh In FY 2023-24, Shiva Engineering
Business Head Services (SES) experienced robust
Shiva Engineering Services performance across various metrics,
reflecting our commitment to excellence
and client satisfaction. Despite the
challenges posed by the global economic
landscape, we maintained steady growth
and delivered outstanding results in terms
of project execution, client engagement and
financial performance.
Additionally, SES's international
presence was strengthened as we were
An overview of the core services engineering, procurement, and fabrication, awarded multiple projects by leading
offered by Shiva Engineering construction and installation and extends conglomerates for their expansions outside
Services? till commissioning of the plant. of India. These achievements highlight our
At SES, we differentiate ourselves by growing reputation as a trusted partner
Shiva Engineering Services (SES) is integrating cutting-edge solutions such as for global engineering and construction
proud to be recognized as one of India’s Laser Scanning and Drone Surveys into solutions.
premier engineering and construction our projects. These technologies enable us Looking ahead to FY 2024-25, we
service providers. Our core focus to achieve unparalleled levels of accuracy are poised for even greater success.
lies in delivering end-to-end solutions while significantly reducing project Building upon the momentum of the
across a diverse range of industries, timelines and costs. Our commitment to previous year, our strategic priorities
including chemicals, specialty chemicals, innovation ensures that we consistently include further expansion into emerging
agrochemicals, inks & adhesives, paints, meet and exceed the evolving needs of our markets, diversification of our service
pigments, food processing, FMCG, clients. offerings and continued investment in
polymers, biofuels, and more. technology and talent. We aim to capitalize
From the conceptual stage till the plant on new opportunities, enhance operational
commissioning, we offer a full spectrum efficiency and strengthen our position as a
of services, encompassing engineering, We remain fully leader in the engineering and construction
procurement and construction. Our committed to delivering on sector.
expertise begins with providing support our promises and meeting Furthermore, SES remains committed
for Front-End Engineering Design (FEED), to sustainability and environmental
cost estimation, basic and detailed our clients' expectations stewardship, integrating eco-friendly
www.indianchemicalnews.com INTERVIEW [103]

practices into our operations and timely and efficient execution of these throughout every stage of the project,
supporting our clients' sustainability projects. While some projects are still in the ensuring optimal results and client success.
goals. By embracing innovation, fostering early stages, we remain fully committed to SES's commitment to technology-driven
strategic partnerships and staying attuned delivering on our promises and meeting our decision-making sets us apart.
to market dynamics, we are confident in clients' expectations. SES's track record of We leverage world-class software and
our ability to achieve sustained growth and on-time delivery and adherence to project tools for process simulation, engineering
deliver exceptional value in the upcoming timelines continues to be a hallmark of our calculations, 3D modelling, and more,
fiscal year and beyond. service excellence. to achieve greater levels of accuracy
Moving forward, we are determined in shorter timeframes. Integration of
What is the total number of to build upon this success and further cutting-edge technologies such as Laser
orders received by Shiva strengthen our position as a leader in the Scanning further enhances our capabilities,
Engineering Services in 2023 and engineering and construction industry, allowing us to achieve unparalleled
what is the worth of these orders? both domestically and internationally. levels of accuracy while significantly
What is the execution status of these
orders?

In 2023, Shiva Engineering Services

achieved remarkable success by securing
a substantial number of orders, which
reflects the trust and confidence placed
in our capabilities by our valued clients.
Our efforts resulted in securing orders
with a planned Capex exceeding 2,000+
crores, encompassing both repeated and
new customer bases, where we provide
EPCM services to clients, within India
and internationally. These achievements
underscore SES's commitment to expanding
our global footprint and penetrating new
markets. By enhancing our capabilities and How does Shiva Engineering reducing project timelines and costs. Our
increasing our global reach, we were able Services differentiate itself from commitment to innovation ensures that we
to capitalize on emerging opportunities and competitors in the industry? consistently meet and exceed the evolving
solidify our position as a preferred partner needs of our clients.
for engineering and construction solutions. At SES, we differentiate ourselves in
These orders signify a significant mutual the industry through a combination of Are there any plans for expansion,
trust and commitment comprehensive services, either in terms of geographical
between ourselves and technical expertise, reach or service offerings, in the near
our clients towards diverse field experience future?
successful project and a commitment to
execution, delivering innovation and client Yes, indeed. We are currently
excellence that exceeds satisfaction. strategizing expansion initiatives both in
expectations. As a one-stop-solution engineering terms of geographical reach and service
Regarding the execution status of and construction services company, SES offerings. Soon, we plan to increase
these orders, we are pleased to report offers holistic approach to the project, our manpower to enhance our capacity
that a substantial portion of these projects providing seamless experience to the for serving a wider range of clients and
has been successfully initiated and is client. Our multidisciplinary in-house team projects. Additionally, we aim to expand our
progressing according to schedule. Our of over 200+ engineers across Process, geographical footprint beyond India to cater
dedicated project management teams, Mechanical, Civil Structural & Architectural, to international markets.
skilled workforce, and robust infrastructure Electrical, Instrumentation and Control, While we already have a strong presence
have played pivotal roles in ensuring the Project Management collaborate closely and working experience in over 20 states
[104] INTERVIEW
COLUMN www.indianchemicalnews.com

in India, we are also looking to leverage emphasize sustainability and minimize

our expertise and experience to enter new We aim to expand our environmental impact?
markets abroad. With a successful track geographical footprint
record in over 10 countries across the beyond India to cater to At SES, we are committed to
globe, we are confident in our ability to sustainability and minimizing our
adapt and thrive in diverse international international markets environmental impact through concrete
environments. initiatives and programs. We have started
Expanding our reach both domestically relationships? several awareness programmes for our
and internationally aligns with our vision employees to reduce the use of plastics
of becoming a leader in engineering and We are 100% dedicated to our and paper in day-to-day operations.
construction services. By broadening our customers’ success. We believe in To achieve our goal of Zero-Use
horizons and diversifying our client base, prioritizing customer satisfaction and plastic, we have implemented measures
we aim to strengthen our position as a maintaining strong client relationships at such as replacing single-use plastic with
trusted partner for delivering excellence in the core ethos of our business. We achieve sustainable alternatives. Additionally, we
projects worldwide. this by placing constant communication are actively exploring solutions to further
eliminate plastic from our operations
and supply chain. In parallel to reduce
the use of papers we are implementing
digitalization strategies across our
organization including transitioning
to electronic documentation and
communication systems. By proactively
addressing environmental challenges
and embracing eco-friendly practices,
we are working towards a greener, more
sustainable future.

Where do you see Shiva

Engineering Services five years
down the line?

In five years, we aim to envision SES as

What sort of investment have you and responsiveness, ensuring that we are one of global engineering and construction
planned for the expansion? always available to our client to answer services partner from India, renowned for
their concerns promptly. Furthermore, its innovation, excellence, and commitment
As part of our expansion plans, we are we tailor our solutions to meet the unique to sustainability. Our strategic roadmap
committed to making necessary investments requirements of each client, offering includes expanding our geographical
to support our growth trajectory. Our personalized attention and customized reach, diversifying our service offerings,
focus is on strategic investments aimed strategies to deliver results that align with and further enhancing our technological
at expanding our operations, enhancing their goals and objectives. We tailor our capabilities.
capabilities, and better serving our clients. solutions to meet the unique requirements We look forward to solidifying our
These investments will enable us to grow of each client, offering personalized position as a preferred partner for
exponentially in terms of both geographical attention and customized strategies to clients across various industries, both
reach and service offerings, positioning us deliver results that align with their goals domestically and internationally. Through
for long-term success. and objectives. strategic investments in talent acquisition,
technology and infrastructure, we seek
How does Shiva Engineering Can you discuss any specific to strengthen our competitive edge and
Services prioritize customer initiatives or programs deliver even greater success stories to our
satisfaction and maintain strong client implemented by the company to clients.n
www.indianchemicalnews.com COLUMN [105]
[106] INTERVIEW
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CONTINUE INVESTMENT IN R&D

TO DRIVE INNOVATION AND
DEVELOP NEW PRODUCTS
Ion Exchange has contributed in shaping the water industry’s response by providing
innovative, cost-effective and sustainable solutions for water and waste water management

regulatory requirements.
In 1976, Ion Exchange set up the first
international plant in Malaysia. Since then,
we have continued to successfully execute
Ajay Popat large number of projects globally meeting
the exacting needs of our international
President customers. Last year, Ion Exchange
Ion Exchange (India) acquired Portugal based company MAPRIL
for penetrating the European market as part
of our sustainable growth strategy.
Exports now account to 30% of our
sales. For nearly three decades, we have
built a favourable position as a reliable
exporter of quality Ion Exchange resins,
water treatment plants, chemicals and
services.
Over the past decade, we have added
Ion Exchange (India) Ltd. has management solutions for industries, many milestones to our legacy. Notably,
completed 60 years of homes and communities. our consolidated revenue crossed the
operations. How has the journey been Throughout our 60-year journey, Ion milestone of Rs. 2,000 crore in FY 2022-
so far? Exchange has continually invested in 23. We continued to invest in EESG
research and development to stay at the practices as fundamental building blocks
Ion Exchange completed 60 years of forefront of technological advancements in for our sustainable growth. We have
incorporation on March 6, 2024. We are water treatment. This includes development committed ourselves to 14 of the 17
pioneers of water treatment in India and of new products, processes and solutions Sustainable development Goals and are on
over the years, have developed innovative to meet evolving customer needs and track to achieve new zero target by 2023.
solutions to address water-related We have also strengthened our CSR
challenges, contributing significantly to the program aimed at addressing water
industry's growth and development. scarcity, promoting water conservation
Through our 60 years’ journey, we and supporting community development
have also expanded our reach and product initiatives.
offerings to newer markets while serving Considering good backlog As a six-decade old company operating
every sector. We entered new markets in volatile, uncertain environments, we
with concepts like desalination, recycling, of orders, we predict our have faced challenges while we maintained
zero liquid discharge and affordable growth in FY 2024-25 and our leadership position. Successfully
solutions for rural water treatment. Thus, the foreseeable future to navigating these challenges has been the
we have created impressive global water key attribute to our long-term success.
references for total water and environment be good
www.indianchemicalnews.com INTERVIEW [107]

How has the overall

performance been for Ion
Exchange (India) Ltd. in FY 2023-
24 and what is the expectation from
FY 2024-25?

For 9 months of FY 2023-24, on

a consolidated basis, our operating
income increased 8% YoY. Profit after tax
increased 8% on a YoY basis. We expect
this trend to continue in subsequent years
while treading with caution against global
geo political, economic headwinds.
However, considering good backlog of
orders and increasing awareness on
water security, we predict our growth in
2024-25 and the foreseeable future to be
good.

What are the key factors that

have contributed to Ion
Exchange India's success and
growth in the industry?

As trailblazers in the water and

environment management sector, we
continuously seek innovative solutions,
whether originating from our internal What are the key revenue growth
research or global strategic partnerships drivers for the company and how solutions aligns with increasing
with experts. are you planning to grow your customer demand for environmentally
Amidst escalating competition, our business in the coming years? responsible products and services,
strategy remains resolute: embracing driving revenue growth
innovation to enhance our performance. Some of our key growth drivers are: • Digital Transformation: Our IonSite
This ensures our ability to expertly address • Innovative Product Development: digital solutions leverage digital
evolving customer needs. By consistently Continuously innovating and technologies and data analytics to
integrating new technologies, we not only developing new products and solutions monitor real time performance of
maintain relevance but also lead as a to meet evolving customer needs and water assets, enhance operational
premier global provider of water treatment regulatory requirements drives revenue efficiencies and ensure continuity
solutions. We have honed expertise in growth. of operations without unplanned
delivering tailored water solutions for • Expansion into New Markets: breakdowns.
homes, communities, industries and Expanding into new geographic
institutions alike. markets and industries increases How do you optimize capacity
In addition, Ion Exchange has continued the company's customer base and utilization of your plants? What
to diversify its offerings beyond traditional revenue streams. steps do you take to minimize
water treatment solutions. This includes • Strategic, sustained investments in downtime and ensure that the
the development of engineered products manufacturing - capacity building to facilities are operating efficiently?
and process solutions for separation, meet growing market demands for our
purification, concentration and recovery products, solutions and services. Ion Exchange optimizes capacity
using advance ion exchange resins, • Focus on Sustainability: Offering utilization of not only plants within our fence
adsorbents and membrane technologies. sustainable and eco-friendly but also at our customer’s site through
[108] INTERVIEW
COLUMN www.indianchemicalnews.com

our digital 24X7 services to ensure that sustainable solutions for water & waste is known for its continuous
facilities operate efficiently with minimal water treatment across industries, innovation in developing cutting-
downtime. institutions, homes and communities - edge water treatment solutions.
• Predictive Maintenance: both urban and rural, to customers globally We invest significantly in research
Implementing predictive maintenance for six decades. and development to introduce new
techniques allows us to detect potential Ion Exchange has contributed in shaping products and technologies that
equipment failures before they occur. the water industry’s response by providing address evolving customer needs and
This minimizes unplanned downtime the most innovative, cost-effective and regulatory requirements.
and maximizes equipment uptime. sustainable solutions for water and waste • Customization: Ion Exchange offers
• Scheduled Maintenance: Developing water management. And we shall continue customized solutions tailored to
comprehensive maintenance to channel all our strengths and efforts into the specific requirements of each
schedules helps ensure regular doing this. I see Ion Exchange playing a customer. By understanding the
maintenance tasks are performed at dominant role particularly in bringing cost- unique challenges faced by different
optimal intervals, reducing the risk of effective, user-friendly solutions for waste industries and applications, we deliver
unexpected breakdowns. water treatment and reuse, introducing solutions that optimize performance
• AI-based Continuous Monitoring: technologies that require less energy & and efficiency.
IonSite Digital Twin is a cloud based less use of chemicals. • Comprehensive Product Portfolio: Ion
solution that leverages Artificial The impressive countrywide and Exchange provides a comprehensive
Intelligence (AI) and wastewater global infrastructure Ion Exchange has portfolio of water treatment products
modeling technology to predict and built - seven manufacturing facilities and services, including ion exchange
avoid water quality issues, identify across the country, an assembly centre resins, membranes, specialty
cost savings and provide real-time in Hamriyah Free Trade zone, Sharjah, chemicals and engineering solutions.
performance advice. This allows for UAE and a chemical blending unit in This breadth of offerings allows
early detection of abnormalities and Bahrain, warehouse & assembly centre in customers to source all their water
proactive intervention to prevent issues Indonesia, the new acquisition in Portugal treatment needs from a single, trusted
from escalating. and sales and branch offices both in India provider.
• Training and Skill Development: and overseas backed a strong network of • Quality and Reliability:. We adhere
Providing ongoing training and skill dealers and stockists have enabled our to stringent quality control measures
development programs for plant customers and prospects to benefit by throughout the manufacturing process
operators and maintenance personnel our innovative, quality offerings to meet to ensure consistent performance and
ensures they have the necessary their ever increasing demand for water and customer satisfaction.
knowledge and skills to operate meeting their sustainability goals. • Technical Expertise: We boast a team
equipment efficiently and troubleshoot Supported by an extensive 24X7 Digital of highly skilled engineers, scientists
issues effectively. Service infrastructure, we are well placed and technical experts who provide
• Process Optimization: Continuously to meet challenges faced due to scarce comprehensive support to customers.
monitoring and analyzing process water availability, stringent discharge From system design and installation to
performance data allows for norms, increasing costs and demands for troubleshooting and maintenance, we
identification of opportunities for this limited and scarce resource - viz water. offer unparalleled technical expertise
process optimization and efficiency and assistance.
improvements, leading to increased How does Ion Exchange (India) • Digital 24X7 Service: We are
throughput and capacity utilization. Ltd. differentiate itself from its committed to providing exceptional
competitors in terms of product after-sales service and support. We
With increasing concerns about offerings, customer service, and offer maintenance contracts, spare
water scarcity and pollution, overall value proposition? parts availability and prompt response
how does Ion Exchange (India) to customer inquiries and service
address these challenges and provide Ion Exchange (India) Ltd. distinguishes requests, ensuring minimal downtime
sustainable solutions? itself from competitors through several key and maximum uptime for customers'
factors in its product offerings, customer systems.
Ion Exchange’s strongest asset is service and overall value proposition:
its unique capability to provide 360° • Innovative Solutions: Ion Exchange Could you elaborate on some of
www.indianchemicalnews.com INTERVIEW [109]

natural water source is heavily polluted. Our

facility has an effluent treatment system
treating waste streams to acceptable levels
for discharge. Our commitment to recover
water from the effluent and reduce the load
on the environment led us to initiate a first-
of–its–kind project to extend the treatment
of effluents by a series of state-of-the-art
and sophisticated membrane systems.
Ion Exchange has an extensive
protocol/ mechanism to test our products
for their impact on the customers and the
environment. Measuring, monitoring and
improving impact across the lifecycle of
products and operations will continue to be
another key factor of the strategy to achieve
our goal to create a positive impact on
the major projects or partnerships your operations?
nature and people’s lives and transform Ion
that Ion Exchange (India) has
The key aspects of Ion Exchange’s Exchange into a water positive operation.
undertaken, highlighting the impact
sustainability strategy are based on the Besides this, an important part of our
created?
purpose of our business i.e. to conserve the sustainability strategy is to ensure the
Our acquisition of Portugal based planet’s most precious resources through well-being of our employees as well as the
company MAPRIL last year has total water and environment management communities whom we serve.
strengthened penetration into the European solutions.
market in line with our sustainable growth Our factories make all efforts to reduce What are the future growth
strategy. the water footprint by efficient water strategies and areas of focus for
We have witnessed a steady order usage in non-product applications such Ion Exchange (India) in the coming
flow, both in the domestic and international as cleaning activities, gardening, and for years?
market for engineering, chemicals & domestic purposes Certification under
services. This includes a 40 MLD Seawater ISO 14001 ensures system adherence Ion Exchange (India) will continue
Desalination project for a leading EPC to environment protection guidelines investment in research and development
company in North Africa followed by repeat and periodic reporting of compliance to to drive innovation and develop new
orders for even larger capacities following senior management. Emissions generated products and solutions that address
the timely and quality completion of contract are within the permissible limits given by emerging market needs and technological
within stringent time lines for the 40 MLD CPCB. advancements. Expanding into new
Sea Water Desalination Project. We also An example is the green manufacturing geographic markets and industries through
received EPC contracts for Desalination practice followed at our resins market diversification and international
and Complex Waste treatment from one of manufacturing plant at Ankleshwar. This expansion will continue to be important for
India’s largest offshore oil exploration unit. is the largest resins manufacturing unit in us. Leveraging digital technologies and data
Other significant orders include a India. Ankleshwar being an industrial area analytics, will result in improving decision-
complete Zero Liquid Discharge plant and having a cluster of chemical units with making, enhance operational efficiency and
a turnkey contract for capacity expansion inadequate treatment of chemical waste deliver value-added services to customers.
at Indian Oil Corporation, Panipat Refinery. generated by them; the water table and We will continue to increase focus on
We have also received several EPC sustainability initiatives, including offering
contracts for Water Treatment Recycle and eco-friendly products and solutions,
Complete Zero Liquid Discharge plants Expanding into new promoting water conservation and supporting
from leading companies in paint, food & geographic markets environmental stewardship through corporate
beverages, steel, textiles, to name a few. and industries through social responsibility programs.
Finally, investing in talent development
As a leader in the industry, how market diversification and and skill enhancement programs are key
important is environmental international expansion for us to ensure the company has the
sustainability for Ion Exchange will continue to be necessary expertise and capabilities to
(India) Ltd., and how do you ensure it drive innovation, deliver exceptional service
is incorporated into all aspects of important for us and execute growth strategies effectively.n
[110] INTERVIEW
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DESIGN ENGINEERING & PROJECT

MANAGEMENT FOR CHEMICAL
MANUFACTURING PLANTS
Promote lean and modular designs which offer flexibility and also the facilities with lowest
cost of ownership with optimum Capex and Opex

and biotech projects. Between these two

group companies, we have more than 27
offices in Germany, France, Switzerland,
Belgium, Austria and India with 1,000+
Thejamurthy resources globally.
Shivashankar Company's area of expertise
Managing Director and how do you plan to leverage
Triplan India your global footprint?

We have good process engineering

capabilities which is the heart of any
manufacturing facility whether it is a
chemical or pharmaceutical project. We
have all the engineering disciplines in-
house and take support of our
subject matter experts (SMEs)
Tell us briefly about Triplan India Pharmaplan. Both have only when it is insisted by
and the services offered by the a legacy of more than the client as a value addition.
company? 50 years of existence Otherwise, our engineers have
in Europe. Triplan offers experience in international
Triplan in India offers design design engineering & project projects working alongside
engineering and project management management for both their counterparts from different
services for chemical and pharmaceutical chemical and pharmaceutical projects European offices and have significant
manufacturing facility projects, R&D while Pharmaplan is focused on pharma expertise on many latest software.
facilities, warehouses etc. The company is
based out of Pune in Maharashtra and has Who are your clients in India
presence in India since last 10 years and We have designed projects and abroad? What are your
has an office at prime location. for many reputed clients in ongoing projects?

Can you explain to us about your India like Bayer, Lanxess, Bayer is our key client both in Europe
global presence and German Ineos, Reichhold, DCM and India. We have designed projects for
connection and how is this benefiting Shriram, Alkyl Amines, many reputed clients in India like Bayer,
India operations? Lanxess, Ineos, Reichhold, DCM Shriram,
Castrol, Aditya Birla Alkyl Amines, Castrol, Aditya Birla (ABIL),
Triplan in India is a 100% subsidiary (ABIL), GFL, Atul and Aarti GFL, Atul and Aarti to name a few. We have
of TTP Group in Germany. TTP Group to name a few many ongoing projects which we can’t
owns two well-known brands Triplan & disclose as it is confidential in nature.
www.indianchemicalnews.com INTERVIEW [111]

Are you selective on the choice

of clients and business verticals
that you focus on?
We have a very wide bandwidth when it
comes to our project portfolio. We execute
both greenfield and brownfield projects
and small & large projects for Indian and
multinational clients in India and abroad. It
all depends on who the client is and also
on our business strategies.

What is your USP as a design

engineering and project
management firm?

We offer our services for all phases of

projects like feasibility studies, concept
and basic design, detailed engineering,
procurement assistance, construction What are your expectations
management and commissioning We would like to work from your clients?
assistance. We do the complete more closely with our
handholding throughout the lifecycle of We expect our clients to appreciate
the project. We take into consideration the
clients at the conceptual the value additions a design engineering
safety and sustainable design aspects at stage of the project firm like us brings to the project. Many
the concept stage of the project itself. of the times projects are designed and
We promote lean and modular 50% for them. But we do the majority of executed in a more conventional and
designs which offer flexibility and also the work, say more than 80% for the domestic unscientific manner from in-house team
facilities with lowest cost of ownership market in India as our employees would and from contractors which they end
with optimum Capex and Opex. We are like to work more on Indian projects as up spending more money and time with
a very flexible collaborative partner with each and every project is unique and more high operational costs which would be a
a business model to suit our clients’ challenging. recurring loss.
interests and we are easily accessible to
our customers for any escalations. Can you tell us about the How do you address the
We document the lessons learnt challenges faced by you from challenges? Going forward,
from each project and brainstorm on the clients in the Indian market? what are your future plans?
them to improve ourselves for the future
projects. We also maintain German quality Indian clients have great expectations We are a progressive company with
and precision in our design and project of quick project deliveries at exceptionally only 10 years of existence in India. We have
deliveries. less cost. However many times it so plans to be more aggressive in the market
happens that we get delayed inputs from targeting larger projects and diversified
What portion of your revenue clients and hence the project doesn’t sub sectors. We will be also looking at
comes from international move at the expected pace. We have some international projects but we don’t
markets? What is your preferred pricing pressures because of competition want to increase our share of business
business model? from Indian consultants and also delayed with our parent company. We also would
decisions from clients regarding the like to work more closely with our clients
Normally many of the multinational project take off. Many of the times their at the conceptual stage of the project so
consultants like us work as low cost decisions are influenced by the Chinese that we can leverage our experience and
engineering centres for their parent competition in India and their export expertise to add value and be part of a
company and dedicate 100% or around markets. successful project.n
[112] INTERVIEW
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PROTECTON BUSINESS WILL

CROSS TURNOVER OF OVER
RS. 2,000 CRORE BY FY 26-27
Protecton market in India, particularly for heavy duty protective coating, is around Rs. 5,500
- 6,000 crore in India. Berger Paints market share is approximately 25 per cent

global hub due to transformation. We are third

in unicorn in the world after the USA and China.
India has huge intellectual capital and talents
are available at a much cheaper rate. There is
Sanjay Chowdhury a thrust from the government on Atma Nirbhar
Bharat, Make in India and Vocal for Local
Vice President &
initiatives. We have self-belief and mindset
Business Head - Protecton
that we can do this. The ‘can do attitude’
Berger Paints India
and the ‘never say die spirit’ is making India
more vibrant, tolerant and progressive. Similar
factors are applicable for the paint as Indian
infrastructure, defence and many other sectors
are preferring Made in India products. There
is a need to develop innovative technology or
tie up with someone who is having technology
to get it produced in India. In this process,
we will also learn and hence the knowledge
Competitive landscape of the Indian and ambiguous. In this particular scenario, base will increase in terms of technology and
paints and coatings industry? if one needs to survive then one's mindset manufacturing facilities.
needs to match with the industrial mindset.
There is a paradigm shift in the paint Organizations need to develop a situation What is India’s current status in the
industry, prompting a lot of companies to based strategy to combat the uncertainty and global paints and coatings market
jump into the fray. The scope and scale for should be based on flexibility & adaptability. and where do you see it going forward?
paints and coatings business in India is huge
as per capita consumption is at 3-4 kg per Strategy India should adopt to It is very good to see Indian companies
annum as compared to 15 kg in developed become a global manufacturing hub already in the Global Top 20 list. We are
countries. Moreover, there are four stages of for paints and coatings? What role Number 14 in the world and there are other
transformation that have happened in the Indian Berger sees for itself in making India a giants also there in the Top 20 global list.
economy. These are digitalization, formulation, global hub? We are number two in the country, fourth in
structural change and sustainability, ESG or Asia and in Protecton (Heavy Duty Protective
SDG. Within these four structures, there is a People are already thinking of India as a Coating), we are by far the market leader. In
huge amount of indigenization happening along December 2023, we crossed 100 years of
with increasing usage of digital platforms at all our existence and celebrating the Centenary
levels. People are aware of the situation across 55 percent of our business year and Berger is the fastest growing paint
the world. There is transparency and clarity with comes from dealer company in the country. Our major thrust is
respect to the consumers’ mind making the network and it is helping on value innovation and ease of usage of our
paint company more agile & Flexible. Market paint to the customer. We believe in quality,
is extremely volatile and uncertain, complex us to grow reliability and delivery. It is not only product
www.indianchemicalnews.com INTERVIEW [113]

innovation but also innovation in process and so flamboyant because flow of money is little is concerned, we are working very closely
marketing tools. Innovation is our basic theme problematic despite opportunities. There were in segments wherever there is a high level of
in the whole scheme of thoughts. huge problems in the working capital flow and corrosion. We are focusing on construction
that's why the business was sluggish in the chemicals like floor coating, admixtures,
What's the total size of Protecton initial stage. There is a tremendous amount of grout and sealant. These sectors are equally
business globally and in India? innovation required to protect margin. Hence, important and growing in the same way as
What's the market share of Protecton? the past two quarters were not that good and infrastructure. Having a leadership and good
hopefully we will be covering up in the third and relation with the customers, we are also trying
It is very difficult to share exact market fourth quarter. to push these segments as well and that will
size of Protecton because any surface which be another good driver for us in years to come.
is prone to corrosion be it concrete or steel, Orders bagged by Protecton
needs protection. Protecton market in India, business in FY 2023-24? What Countries that Protecton is focusing
particularly for heavy duty protective coating, portion of it comes from overseas? Any on currently and countries where
is around Rs. 5,500 - 6,000 crore in India. plans of expanding business outside you are planning to expand?
Berger Paints market share is approximately 25 India?
percent. We are already present in Nigeria and have
We have bagged huge orders and among executed business in Kenya and Mauritius.
How has Berger Paints and all such orders, we are basically focusing on We have our own plant in Russia. Also, we
Protecton business performed in non-conventional energy. We have received are having a presence through our subsidiary
FY 2023-24? big orders from Reliance Industries through in Europe. We are present in Bangladesh
the PV, like Kilby and others. We are very much and Nepal. While we are already there in a
All the major paint companies which focused on railway sectors and have got the number of countries, we are now looking at
were not there earlier and also taking our business to other countries
the existing companies that are in Southeast Asia, Saudi Arabia and
not focusing on Protecton have African countries and further explore
increased their focus because Europe. There is a huge amount of
they realized the growth potential. scope and we are exploring it.
Even the Government of India
is spending a huge amount of What's Protecton business
money in terms of infrastructure, plan for FY 2024-25 and how
especially the Gati Shakti initiative are you planning to execute it?
and huge expansion on railways,
ports, airports etc. There is a 5% We are growing at a CAGR of 17%
increase in the Railway Budget and since 2017. From a turnover of Rs. 349
there is a huge amount of focus crore, we will be closing FY 2023-24 at
in the airport sector. Wherever Rs. 1,100 crore and by FY2026-27, will
infrastructure is there, be it roads, be definitely crossing Rs. 2,000 crore.
factories, boats, shipbuilding, airports and first two orders of bullet train stations. We are We have a strong focus on the dealer segment
railways, the construction and protection also going to get more orders for bullet train and we have to focus on the infrastructure
chemicals are used. Railway itself is a huge stations as well as bridges. Again, we expect segment. Third one is the new margin sectors
investor; there is a huge amount of investment orders coming from marine segments through like construction chemicals, admixtures, and
in designing the bullet train, bullet train stations our partners. There is also business coming flow coating. Export is the fourth pillar among
and lots of other activities. Opportunity for from new sectors. We got good business from key drivers to take our business to the next
Protecton is extremely huge and everybody Indian Oil. We have done our first venture in level.
can have some pie. We have prepared very ONGC also. Moreover, we have done well in 55 percent of our business comes from
well to catch the bus. Hopefully, we will achieve the power sector, be it nuclear power, thermal the dealer network and it is helping us to
a good number in 2024-25 and last FY we power, hydel power and non-conventional grow. This is not a normal dealer network
crossed Rs. 1,000 crore. like solar power and now focusing on wind as they are acting as a partner to us. All
Overall, the paint industry market was not power as well. As far as the chemical sector business is routed through them so that
[114] INTERVIEW
COLUMN www.indianchemicalnews.com

our reach can be enhanced further. Our could make it in India. And for this reason, company is using artificial intelligence
money is safe because the dealer is paying the plant itself shifted their base from China (AI) to produce a unique product, Skill
us much faster than the customer, hence, it to India to get the material cost drastically Berry in collaboration with IIT Madras.
is a joint growth as the business will grow reduced. The product quality is fabulous and This patented product has been tested by
while customers are better serviced. One we are creating new opportunities for the our Prime Minister. This initiative helps in
has to take care because our business is company by providing the best product. We training unskilled painters and turning them
not about just selling the product but offering have got an award from the railway division into skilled painters which is ultimately
solutions to customers through a very close for upgrading the product and service helping us to give a long time durability of
collaborative approach. I strongly believe through a new innovation called process the existing painting system which in turn
in 3Cs - Collaboration, Communication and innovation. We are closely working with the helps drive sustainability. If you need to
Commitment to customers. Our customers Railway Board and RTSO. Major focus in have a long term sustainability goal, SDGs
are always looking for affordable and quality our whole journey and years to come are 17-point score, corrosion covers 12 points
solutions and they are aware that Berger railways, airports, army, navy, ports and out of 17. These are being covered here and
can deliver. Customers prefer us because airports. ultimately helps us to address Sustainable
we work with them at the ground level and Development Goal 2020 through long term
this has helped us to maintain a leadership solutions.
position year after year. We have come with water
based asphalt coating How does Protecton technology
Number of plants catering to which has been supplied collaboration help industries and
Protecton business and what's the tie-ups that you have made till date?
total production capacity? Are you to the pipe coating
planning to enhance your production segment in the USA We have tied up with Chugoku Marine
capacity this year? Paints for marine paints because of their
global expertise. We have come with a new
We are currently catering our business How does Protecton Consultancy product called Polyurea which is extremely
through five plants. In total, we have 17 plants division help businesses in new, unheard of in India and comes from VIP
in the country and out of that five plants are providing complete solutions? What is Coatings, Germany. And, we are having tie
dedicated to Protecton. We have set up a its USP? up with PROMAT, Belgium in terms of fire-
Shandilya plant in March 2023 and we are also coating paint to save the structures from the
planning to put more plants in West Bengal. Our consultancy team which is now called fire through luminescent paint and refinery
We have acquired 30 acres land in Banagher in the business development team works with through Vermiculite paint. We are going
Orissa to set up another plant dedicated to the the customer to find an exact solution at an to make a lot of other tie ups as the talks
industrial business. This state-of-the-art plant affordable price. They do the corrosion audit are going on with various organizations in
is not just for the decorative paints but also to find out which plant requires what type of innovative areas of application which are not
dedicated to construction chemicals as well. solutions. They make a full-fledged report there in the country.
We are also enhancing the capacity of our and provide a unique solution to them. Our
existing plant to cover the increased demand team analyses whether there is a lag in the How do you incorporate ESG in
in the market. process and application or there is a lack your operations and business?
in recommending the painting system. We
What are the new innovations you address the both and recommend AMC and We are incorporating ESG at every stage
are planning within Protecton R&D maintenance contracts to customers. We and have got so many awards by taking these
facilities? How will these innovations assure them about taking care of issues while initiatives. The important thing is that we
help in maintaining leadership positions? they focus on the process or production. It don't need to discharge anything outside our
actually gives a really strong mileage to us over premises. We are having a lot of innovative
We always do something which is not in others. We are also part of a joint effort along ways of making waste to wealth and in this
the market. For example, we have come with with the CII team to save national assets, 4% regard we are working with IIT Kharagpur and
water based asphalt coating which has been of which are being wasted for non-mitigation going to have tie up with IIT Kanpur. We are
supplied to the pipe coating segment in the of corrosion damage. working to save the mother earth and meet
USA. It is a very unique product and no one As far as application is concerned, the sustainability as well as ESG goals.n

Industrial pumps for

maag.com

demanding requirements
www.indianchemicalnews.com INTERVIEW [115]

KEEPING THE MOMENTUM WITH

AN ORDER BOOKING WORTH
RS. 2,000 CRORE
The company is directing its focus towards green energy and hydrogen technologies in line
with emerging trends

the NPK Fertilizer project for FACT. Again,

there are projects in upcoming fields that
we have segmented, such as green energy,
which includes projects like Bio-Ethanol
Amit Tyagi and making green hydrogen.
We have successfully delivered India's
Director First Hydrogen Fuelling Station in Vadodara
Nuberg Group for IOCL, a project that has been fully
commissioned. In line with emerging trends,
the company is directing its focus towards
green energy and hydrogen technologies.
Leveraging our extensive experience of
over 28 years in hydrogen management,
including the successful delivery of
Hydrogen Plants, Nuberg is now embarking
on various projects centred around green
hydrogen. Our ongoing initiatives include
What is the global and Indian market, focusing on the chemical, steel, the exploration and development of cutting-
EPC market size with respect to hydrocarbon, green hydrogen and fertilizer edge technologies, such as electrolyzers
chemical and petrochemical? Where sectors. The company plays a significant for hydrogen production.
does Nuberg stand? role and actively participates in these
industry verticals. Nuberg has its own manufacturing
The global chemical and petrochemical unit called Indian Peroxide
EPC market is projected to be valued at US$ Nuberg's focus in the last fiscal Limited (IPL). Performance of IPL and
456.91 billion in 2024, with an anticipated and what's your focus in the any expansion that you are planning?
growth to US$ 576.52 billion by 2029, coming fiscal?
representing a CAGR of 4.76%. Within Indian Peroxide Limited (IPL) diversified
the Indian context, this market segment is We focus on chemical process plants from Nuberg, which started its first plant for
estimated at US$ 178 billion, expected to and have been working on different types Hydrogen Peroxide. It was commissioned
reach US$ 300 billion by 2025. Nuberg of chemical process plant technologies in mid-2018 and after that, the company
maintains a strong presence in the Indian like Chlor-Alkali, Sulphuric Acid and expanded and doubled its capacity. The
Hydrogen Peroxide. Likewise, we are initial plant capacity was around 125 TPD
We have recently finalized currently undertaking several projects in and post-expansion, the present capacity is
the hydrocarbon sector. For instance, we around 300 TPD.
the commissioning of are executing projects such as the Sulphur IPL is an emerging company of Nuberg
Hydrogen Peroxide plants Recovery Unit (SRU) and the Propylene Group with huge growth potential. We will
in Uzbekistan and Egypt Purification Unit (PPU) for Indian Oil be investing in upcoming projects that are
Corporation Limited (IOCL), along with in the pipeline and will soon be declaring the
[116] INTERVIEW
COLUMN www.indianchemicalnews.com

next project for IPL. placed and would have an order booking This year has been exceptionally
worth Rs. 2,000 crore as of today. We have fruitful for the company, with revenues
In terms of revenue, how has the been growing at a very good pace and we reaching approximately Rs. 1,000 crore.
company performed in FY are confident of continuing at the same We successfully commissioned several
2023–24? pace. noteworthy projects and embarked
on initiatives involving cutting-edge
In the fiscal year 2023–24, the Nuberg Nuberg is expecting good technologies. Notably, we have recently
Group, encompassing both the EPC revenue growth, so are you finalized the commissioning of Hydrogen
business and equipment manufacturing, looking at increasing your manpower? Peroxide plants in Uzbekistan and Egypt,
is projected to achieve a turnover of each with a daily capacity of 85 and 70
approximately Rs. 1,000 crore. This figure As a company on a growth trajectory, tons, respectively.
excludes the revenue generated by Indian Nuberg recognizes the pivotal role of Regarding new projects awarded
Peroxide, as it operates as a separate legal manpower in our line of business. Over domestically, Nuberg is actively engaged in
entity. Notably, we have recently completed the past several years, we several significant endeavours.
expansion projects, and the initial plant in have consistently expanded We are currently involved in
operation is anticipated to yield a turnover our workforce. Presently, we the construction of a sulphur
of roughly Rs. 120 crore in the same employ over 460 engineers, recovery unit for IOCL Vadodara,
fiscal year. Looking ahead to 2024-25, our contributing to a total of 400,000 as well as the execution of an
objective is to double the turnover. engineering man-hours. While it NPK fertilizer plant in Kochi
is challenging to predict the exact for FACT. Additionally, we have
Most of the players in chemical number of hires for the upcoming year, we been entrusted with the construction of a
and petrochemical are talking anticipate recruiting additional personnel PPU unit by IOCL Panipat. In the chemical
about expansion, either brownfield or across various fields and disciplines to sector, we have secured the contract for
Greenfield. How are you looking at meet our evolving needs. India's largest Chlor-Alkali Project with a
the current fiscal situation? capacity of 2,200 TPD, awarded by Adani
How has been FY 2023-24 for Group. The commissioning of this plant is
There are a lot of expansions, with many Nuberg? scheduled to be completed within fifteen
new projects coming up. We are quite well months.
www.indianchemicalnews.com INTERVIEW [117]

Moreover, we have executed a Bio- technology for Hydrogen Peroxide which

Ethanol plant for IOCL Panipat. It has been We have secured the has three patents as of today.
a prestigious project in Make in India with contract for India's The most upcoming thing is green
Made by India technology. We have also largest Chlor-Alkali hydrogen, whether it is to do with the
commissioned India's first Hydrogen electrolyzer for water electrolysis or
Fuelling Station. It is a trial project by the Project with a capacity of into purification or green ammonia. For
government and is doing quite well. 2,200 TPD, awarded by sustainability, it is a very important step
In terms of international projects, we Adani Group that the world has taken and there is a
are setting up a Sulphuric Acid plant in tremendous amount of development. This
the Czech Republic, Egypt, Saudi Arabia emerging trend is garnering significant
and Turkey. We are executing a Calcium participating in both international and attention from numerous companies, and
Chloride project in Oman and a Hydrogen domestic markets. This strategy is aligned we are likewise receptive to exploring
Peroxide plant in Indonesia. Apart from with our core objective of "Making Ideas projects in compressed biogas (CBG)
these, there are various projects in Turkey, Happen" and remains integral to our future moving forward.
Egypt and other countries. endeavours.
What are your plans for the
What portion of your revenue Are you seeing any particular current financial year?
comes from exports? trend with respect to sustainable
technologies? Do you see any In the forthcoming financial year,
If you look at current financial numbers, licensing agreements that need to be our strategic focus is on pioneering
the revenue from exports would be around changed or do you see any technology advancements in green energy technologies.
55 to 60 percent. coming up to change the overall This initiative aligns with the industry's
scenario? growing emphasis on sustainability and
Are you looking to increase your renewable energy solutions. Additionally,
international exposure and what When we say EPC into chemical we are gearing up for our next phase of
kind of projects are you looking for plants, there are various technologies in expansion in Indian Peroxide Ltd., aiming to
globally? the market for different chemical plants. commence a new project that will further
Whatever new chemical technologies solidify our position in the market. Given
Our operations encompass over 30–32 we are working on, there is always a our robust order book and the positive
countries, providing significant international continuous process of improvement. We outlook for the EPC industry, we anticipate
exposure. In our pursuit of new projects, are very closely integrated into working significant growth and are poised to
we adopt a balanced approach, actively on new technologies. We have our own capitalize on emerging opportunities.n
EV & Battery
Fuelling The Green Future
[120] COLUMN www.indianchemicalnews.com

STEERING THE GREEN WHEELS

The winds of change propelling the adoption of electric vehicles at an unprecedented pace
will reshape India's automotive landscape in due course TEAM ICN

T
he Indian electric vehicle (EV) and addition, the projection for the EV battery a contract to provide seamless and user-
battery industry has been experiencing market is expected to expand at a CAGR of friendly charging experience across all
significant growth and development 30 per cent during the same period. Tata Power stations in India.
in recent years, driven by government In 2023, the domestic EV market was Amidst this surge, the heart of the
initiatives, environmental concerns, and dominated by Tata Motors (72%), followed electric vehicle revolution beats in the
technological advancements. The market by MG Motors (10.8%) and Mahindra advancements of battery technology.
in India has been growing steadily, with (9%), with the top selling models being India's pursuit of indigenous battery
increasing demand for electric cars, two- Tiago, Nexon and Tigor from Tata Motors, manufacturing is gaining momentum,
wheelers and commercial vehicles. the MG ZS, and Mahindra XUV400. This is aiming to reduce dependence on imports
The EV market is estimated to reach followed by Citroen’s eC3 EV at 3.5 per cent and drive down costs. Innovations in
US$ 7.09 billion in India by 2025. A market share. Swedish luxury carmaker battery chemistry, energy density and
study by CEEW Centre for Energy Finance Volvo Cars is exploring possibilities to charging infrastructure are pivotal in
recognized a US$ 206 billion set up a new electric vehicle shaping the future of EVs, promising
opportunity for EV in India by manufacturing facility outside longer ranges, faster charging times and
2030. This will necessitate a US$ China and India is a contender in enhanced affordability.
180 billion investment in vehicle the race.
manufacturing and charging Massive market potential
infrastructure. The Economic Slowly yet steadily EVs are
Survey 2023 predicts that India's gaining traction EVs could account for more than 40
domestic EV market will see a 49 per cent of India’s automotive market and
per cent compound annual growth rate In India's bustling urban centers, the generate over US$ 100 billion of revenue
(CAGR) between 2022 and 2030, with 10 tide is turning towards sustainable
million annual sales by 2030. Additionally, mobility solutions. Electric two-
the electric vehicle industry is projected to wheelers and shared mobility
create around 50 million direct and indirect services are emerging as popular Key trends shaping
jobs by 2030. choices, offering efficient and eco- the adoption of EVs
According to NITI Aayog and the friendly alternatives to traditional
Rocky Mountain Institute (RMI), India's transportation. With urbanization • Acceleration of adoption
EV finance industry is likely to reach US$ on the rise, the demand for • Battery innovation and localization
50 billion by 2030. A report by the India compact, affordable EVs tailored • Partnerships and collaborations
Energy Storage Alliance estimated that to urban commuting needs is • Urban mobility solutions
the EV market in India is likely to increase set to surge, presenting a vast • Regulatory winds of change
at a CAGR of 36 per cent until 2026. In opportunity for market players.
The nation's first EV charging
The Union Budget FY plaza was established by EESL in July by 2030. To realize this revenue potential,
2020, and in just one year the number of India’s EV market needs to grow more than
2023-24 allocated charging stations has multiplied over five ten-fold in volume over the next 6–7 years.
approximately US$ 631 times. The increasing popularity of EVs in This is achievable, but only with focused
million towards its FAME-II the national capital highlights the success interventions across five key areas: new
of the Delhi EV Policy launched in 2020. In product development, GTM/distribution
scheme to subsidize and December 2022, EVs accounted for 16.8 optimization, B2B focus, software
promote the adoption of per cent of all vehicle sales in Delhi, marking development and scale-up of charging
clean energy vehicles a YoY growth of 86 per cent. Zoomcar and infrastructure.
Tata Power EV Charging Solutions signed In the vast sea of opportunities,
www.indianchemicalnews.com COLUMN [121]

partnerships and collaborations emerge The Govt. of India has been actively
as guiding stars. Industry players, both
domestic and international, are forging
promoting the adoption of electric vehicles
through various initiatives such as the
Key Challenges
alliances to leverage synergies, accelerate Faster Adoption and Manufacturing of • High upfront costs
innovation and scale production. From Hybrid and Electric Vehicles (FAME) • Expensive battery
joint ventures in battery manufacturing scheme, which provides incentives for the • Limited charging infrastructure
to strategic partnerships in charging manufacturing and purchase of electric • Range anxiety
infrastructure development, collaborative vehicles and their components. In addition • Lack of consumer awareness
efforts are instrumental in surmounting to FAME, several states in India have • Lack of standardization
challenges and capitalizing on growth announced their own EV policies with
prospects. incentives for manufacturers, buyers, and
charging infrastructure providers. These and alignment with industry stakeholders
Challenges galore policies aim to accelerate the adoption of are essential for fostering innovation,
electric vehicles and reduce reliance on investment and market growth.
Despite the growth potential, the fossil fuels.
Indian EV industry faces challenges such In the 2023-24 Union Budget, Finance Future outlook
as high upfront costs, limited charging Minister Nirmala Sitharaman announced
infrastructure, range anxiety and consumer a budget allocation of Rs. 35,000 crore The Indian electric vehicle and battery
awareness. Electric vehicles tend to for crucial capital investments aimed at industry have immense potential for
have a higher upfront cost compared to achieving energy transition and net zero growth, driven by favourable government
conventional internal combustion engine targets by 2070. Furthermore, the Finance policies, increasing environmental
(ICE) vehicles. The cost of EV components, Minister stated that the government will consciousness, and technological
such as batteries and electric motors, is support Battery Energy Storage Systems advancements. With continued support
currently higher than that of conventional (BESS) with a capacity of 4,000 MWH and investment, India has the opportunity
fuel engines. through Viability Gap to emerge as a significant
Expensive batteries contribute to the Funding. For electric player in the global electric
higher initial cost of electric vehicles, vehicle manufacturers, the vehicle market.
making them less affordable for many government has already Overall, the Indian
consumers. The scarcity of charging launched initiatives such electric vehicle and
stations and the need for long charging as the Faster Adoption of Manufacturing battery industry are poised for significant
times pose challenges for EV owners, of Electric Vehicles Scheme – II (FAME expansion in the coming years, presenting
leading to range anxiety and inconvenience. – II) and the Production Linked Incentive opportunities for manufacturers,
Limited driving range and the lack of Scheme (PLI). investors, and consumers alike. By
charging infrastructure contribute to this The Budget has allocated approximately embracing innovation, collaboration, and
concern. India's vast geographical expanse US$ 631 million towards its FAME-II sustainability, we can harness the full
adds to the range anxiety problem, as scheme to subsidize and promote the potential of this transformative industry,
long distances between charging stations adoption of clean energy vehicles. This steering towards a brighter, cleaner and
can cause apprehension among potential represents an 80 per cent increase in more electrified future.
buyers. Standardisation efforts are budget allocation from previous years. India's EV market is poised for
necessary to ensure compatibility and The reduced custom duty on Lithium-ion significant growth in the coming years.
streamline the charging experience for batteries used in electric vehicles and With supportive government policies,
electric vehicle owners. excise duty exemptions on natural gas and increasing consumer awareness, and
To overcome these challenges, there is biogas could result in more foreign electric advancements in technology, the country
a growing focus on innovation, research vehicles being imported to India. is well positioned to transition towards a
and collaboration among government, The regulatory currents exert a more sustainable and eco-friendly mode
industry, and academic institutions. Efforts profound influence on the industry's of transportation. As the demand for
are being made to develop affordable course. Evolving emissions norms, vehicle EVs increases, it presents a tremendous
and efficient electric vehicles, battery electrification targets, and incentives shape opportunity for both local and international
technologies and charging infrastructure. the competitive landscape and market companies to invest in and contribute to
Policy support dynamics. Regulatory clarity, stability the growth of India's EV ecosystem.n
[122] COLUMN www.indianchemicalnews.com

FILM PRODUCTS FOR POWER

STORAGE AND GENERATION
IPCO highlights some of the opportunities that are emerging as the world moves towards
more sustainable technologies for energy production and storage

conversion.
Hydrogen fuel meets the anode, where
the catalyst initiates the separation of
Udo Huber its components, yielding an electrical
current. While protons pass through the
Global Product Manager PEM membrane, electrons take a detour
for Film Casting, around it, generating electricity. Eventually,
Industrial Process Systems electrons rejoin protons on the cathode,
Company (IPCO) forming the emission by-product: water
vapor and heat.

Solid oxide fuel cells:

Another electrochemical technology
is the solid oxide fuel cell (SOFC),
which employs a solid oxide or ceramic
electrolyte to conduct negative oxygen
ions (or in some cases, protons) from

I
t's evident that relying on fossil fuels when produced using renewable sources. the cathode to the anode. Operating at
for our energy needs is no longer a In this first example, we'll focus on its notably higher temperatures than PEM
sustainable option. Across the globe, the potential applications in the automotive fuel cells, SOFCs have applications in
shift towards renewable energy sources is and transportation sectors. stationary setups like Combined Heat and
not just a trend; it's a movement gaining Power (CHP) systems for residential and
momentum by the day. Established PEM fuel cells: industrial power generation. Interestingly,
technologies like hydropower, solar Fuel cell electric vehicles (FCEVs) this technology can also reverse the
and wind are leading the charge, while harness the power of hydrogen, converting process, converting energy and water into
investment in newer avenues such as bio, it into electricity through a process hydrogen gas.
geothermal and wave/tidal energy is on the enabled by polymer electrolyte membrane
rise. (PEM) fuel cells. These cells, featuring Solid state batteries:
In parallel, advances in battery an electrolyte membrane Unlike fuel cells, which
and fuel cell technologies are opening nestled between positive continue to generate
up significant market opportunities, and negative electrodes electricity for as long as
particularly for businesses engaged in thin coated with platinum fuel is available, batteries
film production, membrane development catalyst layers, are at have a finite energy storage
or ceramic tape manufacturing. This article the heart of this energy capacity.
looks at the common requirements of Conventional lithium-
various fuel cell and battery types, as well ion batteries feature a cathode and anode
as the manufacturing techniques required
IPCO manufactured the separated by a porous polymer. In an
for their production. world’s first steel belt in SSB, there is only a cathode – or positive
One promising avenue in the quest for 1901 electrode – and a solid state ceramic
decarbonization is hydrogen, particularly separator. There is no anode. When the
www.indianchemicalnews.com COLUMN [123]

High quality thin film produced using IPCO’s continuous film casting process.

battery is charged, the lithium leaves the At IPCO, our continuous film casting gap between the die and belt means the
cathode, passes through the separator and system has been specially developed to thickness profile of the film can be set to
forms an anode of pure metallic lithium. enable the production of thin films, tapes precise tolerances.
This configuration allows for higher energy and membranes to exceptionally fine IPCO was built on steel belt technology
density, faster charging, enhanced safety tolerances. as the company manufactured the world’s
and reduced self-discharge rates. The system uses a steel belt to transport first steel belt in 1901 and it has remained
Potential applications include a layer of liquid product through a series of a foundation of the business ever since.
wearables, medical implants, Internet of carefully controlled sections. Once these Polished steel belts used for film casting
Things (IoT) devices, with future prospects processes have been completed, the solid are manufactured to thickness tolerances
including vehicle propulsion and large- formed or transformed product is removed accurate to within ±10 µm and polishing
scale energy storage solutions. from the belt. At this stage the product will grades as fine as Ra <±0.1 µm.
While batteries and fuel cells share be either in final or intermediate form; the Powerful forces need to be applied to
similarities in a number of ways, the focus latter requiring further processing such as ensure that these heavy, high precision
here lies on the separator or membrane post drying, leaching or stretching. belts remain flat and stable during the
pivotal in both technologies. Whether it's a production process. This requires a robust
polymer electrolyte, solid oxide electrolyte, There are three main components: a hydraulic belt tensioning system, together
or solid state ceramic separator, film high precision slot die, a polished steel belt with sophisticated belt tracking to keep the
casting emerges as a critical manufacturing and a drying or conditioning system. belt running perfectly straight.
process. The slot die coater delivers a uniform The supporting machine frame, drum
and homogeneous casting of the product shafts and bearings must also be suitable
Film casting for sustainable energy onto a moving steel belt. A combination for this heavy-duty application if a high
technologies of high precision engineering and a small quality end product is to be guaranteed;

---COMPLETE PRODUCTION LINES • High precision film casting

• Innovative Venturi dryer

FOR CERAMIC TAPE / FILMS • From 10-300 μm

• Pilot plant available ipco.com
[124] COLUMN www.indianchemicalnews.com

can be produced in thicknesses

from 10-300 µm, as required for
the end application.
As well as improving product
quality and reproducibility, the
Venturi process also enhances
production efficiency. The increase
in thermal transfer efficiency
compared with conventional dryer
systems also enables a reduction
in the length of the drying section.
The overall system offers
precise control of every stage of
the process from line speed and
dryer temperature to belt heating
and air speed. Additional drying
segments can be incorporated
behind the Venturi dryer, including
impingement dryers which are safe
to use at this stage.
Film casting line – with Venturi dryer – at IPCO’s productivity center in Germany. IPCO’s single belt film casting
units offer a range of benefits
any bending could result in deviation, including ultra-efficient continuous
compromising product quality. IPCO has recently production, outstanding reproducability
Temperature is another key process expanded the scope of and the ability to cast very thin films to fine
parameter, and IPCO has developed tolerances.
control units for steel belt tempering by
its film casting pilot plant
means of drum heating, impingement at its advanced research IPCO Productivity Center
heating or water spray zones. Heating of and development facility
the feeding drum ensures that the belt IPCO has invested in an advanced
reaches precisely the right temperature at
at its headquarters near research and development facility at its
the feed point. This requires a maximum Stuttgart headquarters near Stuttgart, Germany and
of 1 K deviation in surface temperature has recently expanded the scope of its
across the full width of the drum, a real metal foam within the dryer, positioned film casting pilot plant. This is a complete
challenge when a typical drum could be above the drying film. A flow of tempered system incorporating heated slot dies of
2000 mm wide with a diameter of at least air is applied to the upper side of this different sizes, a 700 mm wide polished
1200 mm, usually more. foam-like metallic material, creating a low steel belt with heating, one Venturi dryer
IPCO can also offer air handling negative pressure effect on the lower side and two impingement sections.
solutions to prepare the process air as in accordance with the standard laws of
required for each process step in the pneumatics. This plant is available to manufacturers
desired temperature and humidity. As a result, a constant suction flow of film, tape and membrane products for
is formed and this, in combination with process assessment and product testing,
Innovative Venturi drying system heating from below the belt, means solvent and IPCO technicians and engineers are
is evaporated and extracted from the film available to provide full support in terms
Once cast onto the belt, the film is without the air coming into direct contact of mapping the process in batch mode.
carried to the Venturi dryer, a technology with the surface of the product. The result Customers in India interested in discussing
unique to IPCO for this application and one is a homogeneous drying effect that the opportunities and facilities available at
that has the key benefit of eliminating any delivers an end product of exceptionally this test and demo center should initially
risk of skin formation on the product. This high quality, with low stress and virtually contact IPCO’s Southeast Asia sales and
is achieved through the use of a permeable no risk of fault and imperfections. Films service office in Pune.n

---COMPLETE PRODUCTION LINES • High precision film casting

• Innovative Venturi dryer

FOR CERAMIC TAPE / FILMS • From 10-300 μm

• Pilot plant available
[126] INTERVIEW www.indianchemicalnews.com

TO INVEST CLOSE TO RS. 8,000

CRORE IN DEVELOPING FACILITIES
IN INDIA AND US
Working on the investment to set up a 300,000 ton coal tar distillation plant with downstream
units to produce specialty chemicals

and customization for diverse/various

clientele. Hence, we selected North
Carolina’s Brunswick County site for
setting up a manufacturing facility in the
Vikram Handa US. Brunswick county is one of the fastest
growing counties in the NC with developed
Managing Director infrastructure, skilled workforce and
Epsilon Carbon welcoming environment for business.
Presently, there is a promising
opportunity with prominent/larger US-
based customers seeking to establish
large-scale giga factories. Consequently,
our focus is on establishing a facility
in India initially, tailored to their needs,
followed by the establishment of a plant
in the US, particularly in North Carolina,
to cater directly to US customers
while ensuring compliance with IRA
Epsilon Carbon and Epsilon crore in developing facilities in both regulations. Currently, our US facility is
Advanced Materials are on an regions India and the US. in the permitting phase, with advanced
aggressive expansion spree. What is engineering stages underway. We aim to
the project wise total Capex planned Last year Epsilon announced a commence construction early next year
for both entities till date? US$ 650 million battery and complete the facility within the next
component and anode plant in the 18 months.
Currently Epsilon carbon is under USA. What factors promoted you to
capital expenditure cycle, focusing on set up the plant there considering Epsilon Carbon plans to
both greenfield expansion in Orissa and you are a strong advocate of local establish Rs. 9,000 crore
brownfield carbon black expansion. We manufacturing? What is the latest graphite anode facility in Karnataka.
are targeting a capex of Rs. 2,000 crore development on this facility? Please elaborate?
over the next two years to build out
these capacities. Moreover, Epsilon's We prioritize local manufacturing Epsilon Carbon announced this
strategic vision extends beyond domestic investment of Rs. 9,000 crore in Karnataka
expansions. We're venturing into advanced We prioritize sustainability last year. The aim is to build a 100,000 ton
materials, with plans to establish multiple per year graphite anode facility to cater to
graphite anode facilities, commencing by utilizing 90% renewable both Indian and global customers. This
with operations in India and the US. In power and implementing facility will produce synthetic graphite at
the next three years, our investment zero discharge facilities some of the lowest carbon footprint in the
commitment stands at close to Rs. 8,000 world at about 80% lower than what is
www.indianchemicalnews.com INTERVIEW [127]

produced in China today. Our first phase one of the World's largest integrated (PLI) scheme for the Advanced Chemistry
will be to start off with a 30,000 ton carbon complexes. Cell (ACC) battery to boost domestic
facility and we'll have about a Rs. 3,500 manufacturing. This scheme reduced
crore investment to build that plant. The company has announced an dependencies on imported battery
investment of Rs. 1,200 crore in materials and accelerated the rate of
Epsilon Carbon also plans to set polymetallic nodule plant. What is innovation within the country. This had
up a Rs. 10,000 crore Integrated the current status? a significant impact on the country's
Carbon Complex in Odisha. What will battery material industry, which was
be its salient features, manufacturing We've recently signed a Memorandum valued at US$ 1.66 billion in 2020 and
capacity and completion date of this of Understanding (MoU) with the metals, is projected to reach US$ 4.85 billion by
project? the metals company to develop this 2027, registering an impressive CAGR of
onshore nodular processing facility. 17.23 per cent during the forecast period
Epsilon Carbon plans to replicate the Currently, the metals company is waiting of 2022-2027.
integrated carbon complex that has been for the offshore permit in the US from the This unprecedented growth
built in Karnataka over the last 10 years, EPA. So, we continue to study this project was amplified due to India’s strong
where we have different businesses but not much development is happening manufacturing ecosystem, in innovation
of specialty carbon, carbon black and over here. and a large pool of technical and
our advanced materials as well. We are engineering talent. The industry has
working on the investment to set up a What is the big opportunity in gained significant momentum in recent
300,000 ton state-of-the-art coal tar the battery industry? Where years and has put us in a position of
distillation plant with downstream units does Epsilon fit into the battery strategic importance in the global battery
to produce specialty chemicals that are ecosystem? materials market.
today not manufactured in India. We hope The magnitude of demand for batteries
to replace imports with our production Today India relies heavily on imported is high, with the number of GWh (Gigawatt
capacity there. This plant will cater to battery materials. In 2018, we imported Hours) required increasing from about
local aluminium smelter demand and around US$ 1.23 billion worth of lithium- 700 GWh in 2022 to around 4.7 TWh
also export to the Middle East. Our goal ion batteries, which accounted for more (Terrawatt Hours) by 2030. Additionally,
is then to continue the journey of setting than half of the country's demand. To there are looming concerns about supplies
up a carbon-black plant and advanced address this, the Indian government of key battery materials like cobalt and
materials plant to create this, to become launched the Production Linked Incentive lithium that are pushing the search for
[128] INTERVIEW www.indianchemicalnews.com

alternatives to the standard lithium-ion company to support energy transition and chain to meet India's energy transition
chemistry. contribute both to Indian companies and requirements.
This is where India has a major global companies.
advantage as a leader in the chemical What are the challenges faced
industry to address this challenge. The What strategy should India by the battery industry in terms
chemical industry is a crucial contributor adopt to become a global of sustainability and recycling? Role
to the battery material supply chain, manufacturing hub for Battery of Epsilon in this direction?
providing essential raw materials to Chemicals and products? And, what
produce batteries. role does Epsilon Group see for itself It is very important to understand the
In 2019, the Indian chemicals industry in making India a global process of battery material production,
stood at US$ 178 billion and is anticipated manufacturing hub? particularly when transitioning from
to reach US$ 304 billion by 2025, battery minerals to active materials like
registering a CAGR of 9.3%. It is one of The challenge in battery chemicals anodes or cathodes. At Epsilon, we
the fastest growing sectors in India and is today lies in the necessity of achieving prioritize sustainability by utilizing 90%
currently the 10th largest chemical trade a certain scale when constructing these renewable power and implementing zero
partner for the US which is estimated to facilities. Currently, India is an emerging discharge facilities. Moreover, we focus
scale up to 7th by 2030. Herein, lies an market in terms of self-production. Many on maximizing value through the utilization
opportunity for India’s booming chemical companies, such as Reliance, Amaraja, of byproducts generated during the
industry to take lead and convert minerals and JSW, are investing in manufacturing battery material manufacturing process.
into battery materials and reduce the facilities, but they require time to reach This approach not only enhances our
dependence on China. optimal scale. Our industry also needs to cost competitiveness on a global scale
China has really focused and match this scale. So, we see an advantage but also facilitates the production of more
dominated on developing this material of building these facilities in India to cater sustainable materials.
processing industry while minerals to larger facilities that are being built in the Epsilon firmly believes in the future
continue to be mined in Canada, Australia U.S. of a circular industry. We also are into
and Africa. But the processing industry As India expands its scale, we are lithium-ion battery recycling, and we
of both anode and cathode is located in prepared with a cost-efficient, well- anticipate significant growth in this sector
China and this is what we as Epsilon think established company capable of meeting within the next three to four years, once
we can build in India and globally also both global and domestic demand. Our our virgin anode and cathode businesses
with our mature technology that we have aim is to localize our operations entirely in have expanded. By integrating recycling
developed over the last five years. So, we India and to support PLI winners and other processes into our operations, we aim
see ourselves being a battery materials companies in establishing a robust supply to create a truly circular business model.
www.indianchemicalnews.com INTERVIEW [129]

This involves reclaiming materials from when it comes to these various products, pricing and marketing strategies for
end-of-life batteries and production especially coal tar pitch. Coal tar itself Epsilon Carbon's products in order to
scrap, reprocessing anode and cathode is a diminishing commodity in Europe, remain competitive in the market?
materials, and reincorporating them Japan, and the US. As coal tar production
alongside our virgin materials. Today increases in India, we see the opportunity As we navigate the competitive
globally this is a necessity, and Epsilon is to cater to the Middle East. Currently, landscape for Epsilon Carbon's products,
proud to be at the forefront of advancing the Middle East imports approximately it's imperative to devise robust pricing and
this technology and promoting circularity. 500,000 tons of coal tar pitch annually marketing strategies to maintain our edge
Some of the major challenges we face and is actively seeking supply chain in the market. Here are some additional
in India for recycling in battery industry changes. India is viewed as a potential thoughts and considerations:
are as follows:- great supplier in this regard. This is where Integration of Sustainability: Given
• Lack of organised collection of battery Epsilon has made investments in its own the increasing emphasis on sustainability
waste liquid pitch tanks in Mangalore, becoming in the market, we ensure our pricing
• Lack of education and awareness the first company in India to export liquid and marketing strategies reflect Epsilon
amongst the population in coal tar pitch and support Middle Eastern Carbon's commitment to environmental
comprehending the criticality of the companies. responsibility.
minerals found in lithium-ion batteries Data-Driven Decision Making:
• Absence of defined processes or Epsilon Carbon aims to become We analyze our sales data, customer
guidelines for lithium-ion battery a global leader in carbon feedback, and market trends to identify
recycling, products. What strategies would you opportunities for optimization and refine
• Unscrupulous recyclers misusing the employ to achieve this goal? our strategies for maximum impact.
system for monetary gain with no Brand Building: Investing in
accountability We entered into the carbon black building the Epsilon Carbon brand as
• Dearth of lithium-ion batteries found in business approximately three years ago. a symbol of quality, innovation, and
the country We have been running at 100% capacity reliability. Consistent branding across
• Exhausting process to import batteries and due to the demand from customers, all touchpoints, including packaging,
from abroad we decided to expand our capacity by advertising, and online presence, is
adding another 100,000 tons. reinforcing our positioning in the market
Epsilon's performance in FY In the next six months, we should and enhancing brand recall among
2023-24 and what's your become a 215,000 ton a year carbon customers.
expectation from FY 2024-25? black plant, positioning us as the third-
largest capacity provider in India. With Epsilon has recently secured Rs.
The company continues its growth. 100 crore sustainability-linked
We clocked in at about a Rs. 3,000 crore funding. How do you incorporate
top line last year. As I mentioned earlier, The aim is to build a sustainability and green elements in
we are in a large Capex cycle this year 100,000 ton per year your project?
and anticipate surpassing Rs. 6,000 graphite anode facility to
crore in revenue after the completion of In addition to our circular approach to
our Capex cycle at Epsilon Carbon. At cater to both Indian and managing utilities and by-products and
Epsilon Advanced Materials, we have set global customers sharing them among our specialty carbon,
a short-term goal of reaching a turnover carbon black, and advanced materials
of approximately US$ 700 to 800 million businesses, we have outlined a roadmap
within the next three years as we expand our expanded capacity and diverse for the next two to five years to enhance
these large facilities. product range, we are well-equipped to our ESG ratings. Internally, we benchmark
meet the demands of the local Indian tyre all utilities, seeking ways to reduce
Epsilon became the first Indian market and fulfil a substantial portion of power and water consumption, improve
company to export liquid coal the export market's need for high-quality product yields and secure sustainability-
tar pitch. How do you see the growth carbon black. linked funding. This funding supports
opportunity in the global coal tar Currently, we estimate that our carbon our additional capital expenditure and the
pitch market and what is your footprint is approximately 20% lower than deployment of necessary technologies to
strategy to tap this? that of carbon black produced by other achieve these improvements. We aim to
Indian manufacturers. become a leading sustainable company
We believe that India has a huge globally, particularly in the production of
opportunity to cater to global demands How would you approach the various carbon products.n
[130] INTERVIEW www.indianchemicalnews.com

AIMING TO TAP GLOBAL

OPPORTUNITIES IN EV AND
ESS ECOSYSTEMS
Our core group strength and synergy are in manufacturing complex Fluorine and chemical
derivatives such as Fluoropolymers and Fluoroelastomers

next 3 years, we aim to tap significant

global opportunities presented by the
Electric Vehicle (EV) and Energy Storage
Rajiv Sudhakar Rao System (ESS) ecosystems.

Business Head What are the emerging

EV Battery Chemicals challenges and opportunities for
& Projects the EV market in India?
Gujarat Fluorochemicals
Customer perception of range anxiety
remains a significant hurdle in India's EV
adoption journey. The limited charging
infrastructure adds to this worry and
poses a challenge to widespread EV
adoption.
Additionally, the price disparity
between internal combustion engine
How has the performance been of Our EV business, GFCL EV, saw the (ICE) vehicles and EVs remains a barrier
Gujarat Fluorochemicals Limited commissioning of the initial phase of its for many consumers. However, fostering
(GFL) in 2023-24? What is the integrated battery materials manufacturing domestic manufacturing and incentivizing
expectation from 2024-25? What are facility. With battery agnostic offerings local production of EV components can
the key achievements in 2023-24? covering both Lithium drive down production
Iron Phosphate (LFP) costs, making EVs
The year 2023-24 has been challenging and Nickel Manganese more affordable and
overall for both the chemical industry as a Cobalt (NMC) batteries, P r o d u c t s L i m i t e d competitive in the Indian
whole and for GFL. Our Fluoropolymers the GFCL EV product market.
segment was impacted by destocking portfolio caters to around 40% value of The opportunities mainly involve
in Europe. As a result, our results for FY LFP battery cost. With a CAPEX of Rs. government initiatives aimed at
2023-24 were muted as compared to the 6,000 crore already announced for the curbing vehicular emissions, such
previous year. as the implementation of policies like
However, moving forward, the the Production Linked Incentive (PLI)
destocking phenomenon seems to We are strategically scheme for Advanced Cell Chemistry
be phasing out and we expect to see positioned to capitalize batteries, coupled with state-level
continuous growth quarter on quarter from subsidies to facilitate the establishment
hereon. FY25 is also expected to reflect
on the enhanced demand of electric vehicle manufacturing,
some of the positive impact from the exit both in India as well as underscore a strategic focus on
of legacy players in the Fluoropolymers globally sustainability and innovation. These
segment. measures, alongside the burgeoning
www.indianchemicalnews.com INTERVIEW [131]

domestic market spanning various in the global EV market. Nearly 14 million We aspire to establish ourselves
segments including passenger vehicles, new electric cars were sold worldwide in globally as a reputable company
two and three-wheelers, present a 2023. specializing in EV and ESS components.
landscape ripe with opportunities for In the face of these global scenarios, Our strategic approach to realizing this
growth and development within the EV India’s EV market has been remarkably vision involves becoming a leading
sector. resilient. EV adoption in India is still in material solutions provider to the
its nascent stages, but growing leaps burgeoning battery manufacturing sector
What is the current market and bounds. Driven by adoption of two- in India, thus facilitating the widespread
demand for battery chemicals, wheeler (2W) and three-wheeler (3W) adoption of EVs and actively contributing
and how does GFCL EV Products plan segments, EVs are projected to account to the reduction of carbon footprints.
to capitalize on this demand? for around 40% of total vehicle sales in To achieve this, we are committed to
India by 2030. For the battery and battery aligning our growth trajectory with market
In the past few years, a number of chemicals market, this means that the demands, while judiciously allocating
factors have impacted the global EV demand will remain robust, which is good resources, including capital investment,
markets and hence the battery chemicals news for companies like GFCL EV. to support our expansion and innovation
market by extension. Some of the key With our product offerings in the areas efforts.
markets are now beginning to mature and of Cathode Active Materials, Electrolytes,
what they need are reliable, uninterrupted Battery Binders and Additives, and the The company recently
supply chains together with availability dependability of GFL’s Fluoropolymer announced an investment of Rs
of affordable battery metals. Global expertise and supply chain reliability, we 6,000 crore over the next 4-5 years
disruptions like the Russia-Ukraine conflict are strategically positioned to capitalize in EV and ESS battery solutions.
have impacted both these areas. Add to on this enhanced demand both in India as Major chunk of the investment is
that the investments companies have well as globally. earmarked to set up a battery
already made in capacity and technology chemicals factory in Gujarat. Could
development, and the impact on prices and GFCL EV Products Ltd’s vision is you please share details with us?
availability cannot be missed. to evolve as a respected EV and
On the other hand, the global focus on Energy Storage components In the preceding two financial years,
environment protection and promotion of company. What is your strategy to our company has made considerable
EVs has resulted in significant expansion achieve this vision? investments to increase our production
[132] INTERVIEW www.indianchemicalnews.com

capabilities across both intermediary and meaningfully to the EV industry. the salt (LiPF6) and finished electrolytes.
finished product categories in the Lithium- We intend to produce two key additives
ion battery materials sector. Notably, in How are you going to in the electrolyte segment and we offer
the last quarter of the fiscal year 2024, differentiate your battery PVDF/PTFE in the binder category.
we successfully commissioned two new technology from other industry By strategically focusing on these key
plants dedicated to battery materials players? segments, we ensure a comprehensive
production. offering that meets the diverse needs of
Moving forward, our strategic direction We have implemented rigorous quality battery manufacturers, supporting the
entails aligning our growth trajectory with systems at every stage of production, advancement and adoption of electric
market demands. We intend to judiciously ensuring that our solutions consistently vehicles and energy storage solutions.
allocate capital expenditure (Capex) meet the highest standards of battery
towards augmenting our manufacturing grade purity, quality and reliability. You have also announced setting
capacities to meet the evolving needs of This expertise uniquely positions us to up a cell performance testing
the market. provide material solutions that prioritize lab to drive innovation in EV/ESS
both quality and cost-effectiveness. applications this year. Please share
Can you also outline the Whether catering to domestic or overseas details with us?
company's manufacturing markets, our commitment to excellence
capabilities and capacity for battery allows us to stand out among competitors, We are happy to announce the
chemicals? offering innovative solutions that address establishment of our Performance Testing
the evolving needs of our customers with Lab (PTL), scheduled for commissioning
Our core group strength and precision and efficiency. in the third quarter of this fiscal year.
synergy are in manufacturing complex Equipped with state-of-the-art equipment,
Fluorine & chemical derivatives such as Can you provide an overview of our PTL will facilitate comprehensive cell-
Fluoropolymers and Fluoroelastomers. the types of battery chemicals level testing, encompassing both coin and
Within this niche, we proudly stand as one that GFCL EV Products aims to pouch cells. Through this, we also aim to
of the select global players, distinguishing specialize in and their applications? foster collaboration with our customers,
ourselves as the sole Indian manufacturer enabling us to tailor material solutions
with exports reaching mature markets. GFCL EV Products specializes in to meet their specific cell requirements
Regarding our battery chemicals various segments of battery materials, effectively.
capacity, our existing infrastructure is each catering to specific applications
poised to support approximately 5~6 within the electric vehicle and energy How does the company ensure
GWh of battery production. This capability storage sectors. the sustainability and
underscores our commitment to In the cathode segment, we offer environmental friendliness of its EV
diversifying our portfolio while leveraging Lithium ferro phosphate (LFP). In the and battery products?
our core competencies to contribute electrolyte segment, we are present in both
www.indianchemicalnews.com INTERVIEW [133]

Ensuring the sustainability and chemicals. Engine (ICE) vehicles to Electric Vehicles
environmental friendliness of our EV • ISO 45001:2018 certification for (EVs) is experiencing exponential growth,
and battery products is a paramount Occupational Health & Safety spanning both personal and mass
commitment for us. We were among Management Systems, prioritizing the transportation sectors within India.
the first companies in India to receive well-being of our employees. Lithium-ion batteries (LiB) have emerged
carbon credits issued by the United • SA-8000 certification for Social as the leading energy storage solution
Nations Framework Convention on Accountability, emphasizing our globally, powering the EV revolution, while
Climate Change (UNFCCC) in 2006, commitment to ethical labor practices. alternative technologies like sodium-
demonstrating our early dedication to • ISO 26000 certification for Social ion batteries are also advancing. In this
environmental stewardship. Responsibility, ensuring that we landscape, GFCL EV Products is positioned
We adhere to various regulatory operate ethically and contribute to play a pivotal role by providing innovative
requirements, including Environmental, positively to society. material solutions that contribute to a
Social, and Governance (ESG) standards. • ISO 20400 certification for Sustainable cleaner and greener planet.
Our compliance measures include: Procurement, affirming our dedication
• ISO 14001:2015 certification for to environmentally and socially In your opinion, how crucial is
EV battery recycling in
mitigating the environmental impact
of electric vehicles?

Definitely, EV battery recycling plays a

crucial role in mitigating the environmental
impact of electric vehicles. In fact, this
practice has gained significant traction
worldwide, particularly in markets such as
China, Japan and Europe, where initiatives
for EV battery recycling are already
underway.
By recycling EV batteries and extracting
precious metals such as Lithium, Cobalt,
and Nickel, we can effectively reduce the
environmental footprint associated with
battery production and disposal.

responsible sourcing practices. What partnerships or

Our existing infrastructure By diligently adhering to these collaborations has the company
is poised to support standards and certifications, we uphold established to support its EV and
approximately 5~6 GWh our responsibility to the environment, battery initiatives?
society, and future generations.
of battery production The company has cultivated in-house
With the increasing focus on capabilities in Fluorine chemistry over the
Environment Management Systems, sustainability, how do you see past three decades. With a combination
ensuring that our environmental the future of electric mobility of in-house R&D and partnerships with
impact is rigorously managed. evolving, and where do GFCL EV external consultants, we enhance our
• ISO 9001:2015 certification for Products fit into this future expertise and bring innovative products
Quality Management Systems, landscape? and processes to fruition.
guaranteeing the quality and reliability Moreover, we continuously
of our products. We strongly believe that the future seek partnership and collaboration
• Responsible Care certification, of electric mobility, both in India and opportunities that promise to strengthen
underscoring our commitment to globally, is very bright and promising. our technology, quality standards, output,
the safe and sustainable handling of The transition from Internal Combustion and overall solutions for our customers.n
Supply Chain
Delivering Excellence Through
Infrastructure And Solutions
[136] COLUMN www.indianchemicalnews.com

FROM FACTORY TO FRONT DOOR

Optimizing production schedules to managing inventory levels, chemical manufacturing
process must be meticulously coordinated to minimize downtime and maximize efficiency
TEAM ICN

T
he chemical industry stands as a A Journey of precision and resilience Lack of integration between road, rail and
cornerstone of modern civilization, waterways leads to inefficiencies in cargo
supplying the essential building Behind the chemical industry’s strong line movement, longer transit times and higher
blocks for a vast array of products, from up of product portfolios, there lies a logistical logistics costs for chemical companies.
pharmaceuticals and agrochemicals to labyrinth fraught with challenges and risks, Some of the warehouses that are designed
plastics and electronics etc. Yet in the demanding unwavering attention to detail to store costly chemicals have poor pipeline
sprawling landscape of industrial sectors, and an unyielding commitment to excellence. connectivity, inadequate power supply and
few are as intricate and demanding as the At the outset, the journey commences with lack good quality security systems. Limited
chemicals. At the heart of this complexity the meticulous sourcing of raw materials, access to data, outdated IT systems and
lies the complex web of supply chain and where supply chain managers must navigate manual processes inhibit the tracking
logistics management, orchestrating the a global marketplace rife with volatility and and monitoring of shipments, leading to
seamless flow of raw materials, intermediates uncertainty. From negotiating contracts inefficiencies and operational disruptions.
and finished products across continents and with suppliers to assessing geopolitical Inadequate warehousing infrastructure,
through rigorous regulatory frameworks. risks, every decision carries profound particularly for storing hazardous chemicals,
The manufacturing process itself implications for the entire value chain. Once
represents the pinnacle of logistical the raw materials are secured, the intricate
complexity, where precise dance of transportation begins,
orchestration is paramount to ensure encompassing a diverse array of
Elusive challenges
the seamless execution of chemical modes ranging from trucks and
reactions and the production of high- trains to ships and pipelines. Yet, • Rampant pilferage
quality products. From optimizing this journey is not merely a matter • Geopolitical situation
production schedules to managing of moving goods but a delicate • Disruption of global supply chains
inventory levels, every aspect of balance of efficiency, safety, • Shortage of raw materials
the manufacturing process must and environmental stewardship. • Limited Warehousing Infrastructure
be meticulously coordinated to minimize Warehousing and storage emerge as • Skilled manpower shortage
downtime and maximize efficiency. As the another critical juncture in the supply
journey progresses, distribution emerges chain, where chemicals, often volatile
as the final frontier, where products must and reactive, demand specialized facilities is a bottleneck in the Indian chemical supply
be delivered to customers with unparalleled equipped with state-of-the-art infrastructure chain.
speed and reliability. Here, supply chain and stringent safety protocols. Here, supply Increase in freight costs, unavailability
managers collaborate with logistics partners chain managers must ensure compliance of trained manpower and lack of knowledge
to devise innovative strategies for optimizing with a myriad of regulatory standards while about the new trends and technologies,
transportation routes, reducing delivery times safeguarding against the ever-present specter compromise the quality of raw materials
and enhancing customer satisfaction. of accidents and emergencies. during the transportation process. A recent
upheaval within the industry emerged owing
Bottlenecks to global supply chains facing the adverse
Supply chain managers effects of the Covid-19 pandemic and
are at the forefront of India's logistics infrastructure, including geopolitical situations including Ukraine-
roads, ports, and railways, suffers from Russia war. This volatile market condition has
driving positive change inefficiencies, congestion and capacity resulted in operational difficulties and crippled
and shaping a more constraints. The transportation network in the logistical stability thanks to shortage of
sustainable future India is highly fragmented, with multiple chemical raw material. Such uncertainties
modes of transport operating independently. add to the complexities in the supply chain
www.indianchemicalnews.com COLUMN [137]

and logistics, leading to huge losses to the

sellers and distributors.

Technology as a game changer

Amidst the myriad challenges and

complexities, lies an opportunity for
transformation and innovation. Advanced
technologies such as Artificial Intelligence,
Blockchain and the Internet of Things are
revolutionizing the landscape of supply
chain and logistics management, offering
unprecedented levels of visibility, traceability
and efficiency. Moreover, the imperative of
sustainability looms ever larger on the horizon,
compelling companies to adopt eco-friendly
practices and minimize their environmental
footprint. From reducing carbon emissions
to promoting circular economy initiatives, also help maintain compliance regulations to unleash its new wave of growth and
supply chain managers are at the forefront of throughout chemical logistics. Such solutions emerge as the second-largest market
driving positive change and shaping a more provide access to real-time data, dashboards after China, attributing to 20% of the
sustainable future for the chemical industry. and instant reports to monitor and manage total global chemical sales. Reduced
The role of technology doesn't end logistics and supply chain operations. By chemical requirements for individual client
here with process automation in chemical adopting cloud technologies, companies can applications, a development driven by
work on the existing data while capturing customers themselves, are also impacting
new information, thus saving time to create volume and profitability. Customers,
complex compositions of chemicals. Control particularly industrial manufacturers and
Trends shaping tower solutions for chemical industries can makers of consumer goods, are developing
supply chain and thus be great enablers in saving logistics in-house skills to better analyze the value,
costs and increasing the overall supply quality and amount of materials and products
logistics landscape chain productivity. Hence, all the key focus purchased from chemical businesses, aided
• Adoption of digital technologies areas of the chemical supply chain - efficient by digitalization. Customers may more
• Focus on sustainability production models, lower transportation readily switch chemical suppliers based on
• Warehousing modernization costs and greater safety and reliability, can cost and product comparisons, impacting
• Last-mile delivery solutions be undeniably achieved with the help of AI- chemical pricing and the composition of
• Regulatory compliance enabled solutions. chemical goods with greater assurance than
• Collaborative supply chain networks previously. Similarly, customers may make
• Focus on risk management Outlook better informed selections and be proactive
• Customer-centric logistics in replacing present chemical elements with
Supply chain & logistics in the chemical more sustainable ones.
industry is characterized by a growing The journey of supply chain and logistics
emphasis on technology integration, management in the chemical industry is a
supply chains. AI and ML driven software sustainability, regulatory compliance, testament to the power of precision, resilience
continuously stores data of all products globalization, customer-centricity and and innovation. In the complex terrain of
and processes, conducts in-depth analysis resilience. Companies that proactively global markets and regulatory landscapes,
on process performance and provides address these challenges and opportunities the Indian chemical industry must remain
intelligent actionable insights to improvise are likely to gain a competitive advantage and steadfast in its commitment to excellence,
overall supply chain performance. Along with thrive in the evolving landscape. ensuring that its offerings bring it closer to a
operational efficiencies, these solutions can By the year 2050, India is poised safer, more sustainable world.n
[138] COLUMN www.indianchemicalnews.com

LEADERSHIP IN DRIVING SAFE

CHEMICAL DELIVERIES
Brenntag leverages technologíes such as GPS tracking, real-time monitoring systems and
telematics to track deliveries and monitor conditions during transit

all relevant local, national and international

regulations related to the transportation
of chemicals. Brenntag ensures that all
deliveries comply with all necessary
Alok Sharman regulations to protect communities, our
employees and the environment.
Regional Director
South Asia and MD - India Key safety initiatives at
Brenntag Ingredients India Brenntag India

• All warehouses hold the required

licenses and maintain full compliance
• To ensure total compliance and
prevent the release of any chemical
waste from tanker cleaning into water
bodies or land, Brenntag India has
As a result, Brenntag in India achieved formed a partnership with Bayarea

B
renntag is the world’s largest the following: Terminal LLP
distributor of chemicals and • There are no loss time incidents in • Training and Education are provided
ingredients. Backed by our long 2023 for chemical delivery drivers, handlers,
heritage with our birthplace in Germany, • An overall enhancement in staff and staff receive extensive training
we are celebrating our 150th anniversary engagement that leads to a positive in various aspects of safety such
this year. transformation in the safety culture as emergency response, chemical
In Brenntag, one of our core values • Brenntag's safety representation on a handling and PPE requirements
is Safety. Globally and in India, Brenntag variety of platforms • Commemorating the annual Safety
is committed to driving safe chemical Day across all Brenntag sites
deliveries, made possible through a Compliance and regulations with employee safety awareness
combination of leadership and vision, campaigns
compliance with regulations and Brenntag is committed to adhering to
implementing best practices in logistics
and safety protocols. We collaborate closely
Leadership and vision with chemical suppliers,
transporters and logistics
Dr Alok Sharman, Managing Director partners to ensure In April 2024, Brenntag organized a
of Brenntag India shared, “As a leader, it is health check-up camp for our truck drivers
crucial to articulate a crystal-clear vision
alignment with safety from our logistics partner, JWC Logistics.
to align the whole organization toward standards and best Due to their hectic schedules, many truck
achieving secure delivery of chemicals to practices drivers may not have the time for cancer
our customers.”
www.indianchemicalnews.com COLUMN [139]

screening, so we collaborated with Nargis Supplier and Partner

Dutt Foundation and JWC Logistics on this Collaboration
initiative. We collaborate
closely with chemical
Implementing best practices in suppliers, transporters
logistics and safety protocol through and logistics partners
the following initiatives: to ensure alignment
Technology and Monitoring with safety standards
and best practices. We
We leverage technologies such as GPS communicate expectations
tracking, real-time monitoring systems clearly and establish
and telematics to track deliveries and regular audits and reviews
monitor conditions during transit. We to assess compliance. We proactive safety measures and empower
also implement systems for temperature are also an active member of ICC and employees to report safety concerns
control, spill detection and hazard attend all sessions and at the same time without the fear of reprisal. ICTA had
communication to enhance safety. We also contribute to the discussions and input for chosen us for the pilot audit which was
partnered with the Nicer Globe Initiative by safety practices. successfully completed. In 2023, Brenntag
ICC. in India was given the Responsible
Nicer Globe initiative is dedicated to Continuous Improvement Care recognition, which is the chemical
the safe and secure transportation of We foster a culture of continuous industry's global initiative, practiced in
chemicals. It ensures the safe transit of improvement by collecting feedback, 52 countries, under which chemical
vehicles through real-time tracking of conducting incident reviews and companies work together to continuously
driving violations and sends out instant implementing lessons learned from near improve their health, safety, environmental
violation alerts. misses or accidents. We encourage and security performance.n
[140] COLUMN www.indianchemicalnews.com

RESHAPING SUPPLY CHAIN

FOR A SUSTAINABLE FUTURE
Maritime industry is rapidly cruising towards reducing carbon emissions for its shippers and
many shipping companies publish their carbon emissions report

was major technological advances in

manufacturing ship engines which started
using heavy oil. This happened as oil
was readily available with oil refineries
Rajnish Khandelwal sprouting across the world and oil was far
more efficient in more speed and mileage
President for ships. Hence, there was a gradual
J M Baxi & Co. shift from steam engines to heavy fuel oil
and diesel engines and that’s the norm
for almost the entire shipping fleet of the
world. Over 99% of current world cargo
fleet runs on heavy oil.
Global warming has become a major
concern for our planet and governments
and environmentalists are insisting on
each industry to take corrective steps
in reducing Green House Gas (GHG)

L
ogistics Infrastructure in India has Shippers in present times reckon other emissions. Various nations have been
been transforming at a rapid pace aspects also when deciding logistics working actively under the United Nations
to make supply chain seamless mode. Major criteria has been: Carbon and there are regular Conference of Parties
and cost competitive. Whilst there is a footprints, types of fuels used, minimising happening, with the last one COP 27 held
continuous pursuit to reduce logistics wastage and shorter haulages to minimise in November 2022. The logistics industry
costs, we are also witnessing other emissions. has been impacted by the same too, and
radical changes evolving. A visit to a For EXIM trade, ocean transportation the maritime industry has set itself the
client’s office till few years back would is the most important leg of supply chain following targets for emissions by ships:
mean discussions primarily on (a) fastest and when it comes to restricting carbon • 20% reduction in emissions by 2030
transit time, and (b) most economical emissions, the maritime industry has • 70% reduction in emissions by 2040
freight. However, over the years these undergone far more changes in past one • Net zero emissions by 2050
two aspects of transportation are taken decade then it witnessed in the previous The reduction in 2030 and 2040 is as
care by data analytics. Thanks to Artificial six decades. Post World War 2, there compared to 2008 levels.
Intelligence and other magical tools, within Achieving these targets is quite an
a few seconds the client can view multiple uphill task with almost 99% of world
transportation options between origin Inventory management shipping fleet burning heavy oil, which
and destinations, suggesting the fastest plays a crucial role have high carbon emissions. However,
and the most economical options, by the signs of this scenario changing is quite
computers. Shippers don’t need logistics
in optimizing costs imminent as almost 28% of ships on order
players like us to guide on their shipment and ensuring product are going to use alternatives fuels. These
when it comes to factor in only time and availability ships are being built with newer engines
freight. which would use either the new types
www.indianchemicalnews.com COLUMN [141]

of fuels or have dual engines for having

capability to use multiple fuel types. That’s
quite a quantum shift as more and more
shipowners are getting convinced to build
ships which would use cleaner source of
energy. It is expected that over the next
five years, there would be more orders
for ships using alternate fuels than ships
which would use the traditional fuels as
bunkers.
New alternate fuels are many and still
evolving. Till now there are only two types
of bunkers used by commercial ships –
heavy oil/very low sulphur oil, and LNG.
However there are other new alternatives
being worked upon and new ships today
have the option of using the conventional
fuel or LNG or hydrogen or ammonia or a source of energy not only on ships, but space, hydrogen would require on ships,
methanol or electricity even. also in vehicles and other equipment. In keeping the hydrogen molecule in an
Whist LNG is a cleaner fuel than India, the government has come up with inactive stage is a big challenge for ships
heavy oil and has evolved as a preferred a policy document and is encouraging going on long voyages.
alternative, it still remains a fossil fuel. companies to set up establishments for Similarly, there are multiple projects
Hence the pursuit for newer alternatives supply of hydrogen to various industries working on making ammonia and methanol
goes on and as of now, few alternatives and various geographies. Despite inherent as the future fuel for ships. Whilst each
have emerged. Hydrogen is supposed to advantages of hydrogen, the shipping have multiple advantages, generating
be the best alternative as the only emission industry is still finding it a challenge those commercially and making it available
it would have it water. Rapid progress has to store and supply hydrogen in large to the world merchant fleet would take
been made in using hydrogen fuel cells as volumes. Apart from the huge storage many years. Presently, there are hardly
MARINE FUEL OPTIONS
UPTO 2020 POST 2020

METHANE

CONVENTIONAL AMMONIA
FUEL

METHANE HYDROGEN

METHANOL
[142] COLUMN www.indianchemicalnews.com

any commercial ships using hydrogen or Indian ports to go green has been (a) demand for EV is also increasing owing
ammonia or methanol. There have been Major equipment e.g. gantries, reach to increasing number of charging stations
few experimental voyages and studies stackers, cargo conveyor belts, etc to in various cities. While passenger car
have shown these can replace heavy oils run on electricity (b) Supply electricity segment has witnessed this rapid change
in the future. Maritime industry around to ships when alongside, thus enabling recently, the goods vehicles segment
the world has been very enthusiastic and ships to not use gensets onboard which would soon follow suit. It has been lagging
many shipping companies have allocated use oil as fuel (c) Tug boats used for in this switch as commercial trailers have
huge funds to these studies. That’s how vessel movements to run on electricity to generally cover long distances and
rapid progress is there month after month (d) Generate such electricity through there may not be charging points available
and there are clear signs of the way things wind energy/Solar energy. Many of these at intermittent intervals during the journey.
are moving the in the world of bunkers for practises are already prevalent in few ports However, to start off vehicles ferrying
ships. around the world and its early days in India containers/cargo over short distances
The maritime industry is rapidly cruising before the technological transformations e.g. CFS to Port and such movements can
towards reducing carbon emissions for take place totally. However, there are early start using electric vehicles. For the port it
its shippers. Already, many shipping signs already and many Indian ports have is thus natural to provide charging points
companies publish the carbon emissions already switched over their gantries and for electric trailers moving in and out of
each voyage would have thus enabling such port equipment to electricity. Other port.
shippers to know emissions per container milestones of this green ports initiatives Thus the entire supply chain in getting
on various ships and various routes, and would also be achieved over the next few green and this is happening at a very
thus opt for the best option with minimal years. rapid pace. Operators in each segment
emissions. While this is prevalent in ocean Another change witnessed in supply i.e. road, ports and ships have to rework
transportation, we would soon see such chain is usage of Electric Vehicles (EV) for their strategy to meet this challenge set
trends in other part of the supply chain. transportation of goods/containers. The by shippers who want to minimise their
While the shipping segment is getting world has witnessed a surge in demand for carbon emissions. This perhaps is going
green, we are also witnessing emergence EV vehicles as consumers are preferring to be the most radical change in logistics
of green ports. Emerging trends from options to reduce burning fossil fuels. The in the next decade or so.n
www.indianchemicalnews.com COLUMN [143]

FACTORS INFLUENCING
CURRENT DYNAMICS OF
CHEMICAL INDUSTRY IN INDIA
There are opportunities for both domestic and multinational manufacturers in India due to
significant demand from end-user sectors

According to a report by KPMG, a

leading global advisor of risk, finance and
business, the global chemicals industry
has been growing exponentially and the
Vishal Jawale market in India is projected to grow at
a CAGR of more than 12 percent from
Managing Director 2020 to 2025. In fact, the report states
DKSH India that the specialty chemicals market
represents 22 percent of India's overall
chemicals and petrochemicals market
and is valued at US$ 32 billion. In terms of
trade, specialty chemicals account for a
significant portion, more than 50 percent
of all chemical exports.
There are opportunities for
both domestic and multinational
manufacturers in India due to significant

A
s consumer demands become attractive investment opportunity. The demand from various end-user sectors
more sophisticated, the chemical industry's ability to supply such as food, automotive, real
industry finds itself at the forefront a wide range of commercial estate, fashion, cosmetics and
of innovation and adaptation. In 2024, the products has enabled it to more. This trend is expected
chemical industry stands at a crossroads serve as a crucial supplier of to continue driving growth in
as it navigates a landscape of evolving raw materials to various end- the industry, surpassing global
trends, challenges and opportunities. use industries, including pharmaceuticals, growth rates in the foreseeable future.
India's chemical industry is among personal care, food and beverage and
the world's most influential due to its specialty chemicals. This has helped the What’s influencing the Indian
advanced technology, efficient process industry to contribute significantly to the chemical industry?
engineering and skilled workforce. The nation's economic growth.
sector has witnessed considerable With a focus on India, let's take a look
growth, making a significant contribution at some of the key factors influencing
to the country's economy and exports.
Collaboration across the the current dynamics of the chemical
With its cost-effective manufacturing value chain, investment industry.
capabilities and proficient workforce, the in R&D and strategic
industry is expected to continue to grow, Need for High-Performance
maintaining its prominent global market
partnerships will be Solutions:
position. essential for unlocking In an increasingly competitive market,
The highly diversified nature of the growth opportunities the demand for specialty chemicals is
Indian chemical industry has made it an primarily driven by the need for high-
[144] COLUMN www.indianchemicalnews.com

performance products across various 4.0, it focuses on the synergy between partnerships will be essential for unlocking
industries. humans and machines to drive sustainable growth opportunities and maintaining
business growth and societal well-being competitive advantage in an increasingly
Focus on Sustainability and as well as prioritizes the well-being and dynamic landscape.
Environmental Responsibility: interests of workers while advocating
Environmental awareness and for industries' economic advancement How DKSH is helping the chemical
regulatory requirements are reshaping the and addressing concerns around climate industry to grow
specialty chemical landscape. Companies change.
invest in research and development to By embracing innovation and
create eco-friendly formulations and Digital Transformation: collaboration, the chemical industry can
minimize waste. Sustainable sourcing, Businesses across the country shape a brighter, more sustainable future
bio-based materials and green chemistry are placing more emphasis on the for future generations. At DKSH, our
are gaining traction as key differentiators digitalization of their operations as technical specialists collaborate globally
supporting sustainability goals in the digital technology continues to become to create innovative, sustainable solutions
market. an integral part of the value chain. The aligned with industry trends. At the same
chemical industry embraces digitalization time, we continue to accelerate our digital
Industry 5.0 is expected to Create to drive operational efficiency, product efforts to support our business partners
Sustainability in the Chemical Value innovation and customer engagement. in India and around the world.
Chain: Digitalization within the industry can DKSH Performance Materials is a
Industry 5.0 in the chemical further develop resilient supply chains leading distributor of specialty chemicals
industry focuses on human-centricity, and improve security. and ingredients for various industries
sustainability and integrating advanced Collaboration across the value like food and beverage, personal care,
technologies. As an evolution of Industry chain, investment in R&D and strategic pharmaceuticals and specialty chemicals.
www.indianchemicalnews.com COLUMN [145]

other specialties.
Our range of
tailored value-added
services can support
you to increase your
market potential. From
regulatory support and
consulting to sourcing
new and hard-to-
find ingredients;
from innovation
and formulation
capabilities to
marketing intelligence
solutions – you
can gain from our
integrated one- stop
approach.
In conclusion,
several key factors
shape the current
dynamics of the
chemical industry in
India. These include
government policies
and regulations,
Our 54 innovation centers around the Our 54 innovation centers technological advancements, market
world help us develop advanced products demand, global trade dynamics and
and solutions to meet the ever-evolving
around the world help environmental sustainability efforts. As
demands of our customers and create us develop advanced India continues to experience economic
opportunities for our clients. products and solutions growth, the chemical sector is poised for
At DKSH, we work closely with our further expansion, provided it navigates
business partners to develop tailor-made
to meet the ever- challenges such as resource constraints,
functional products that enhance their evolving demands of our environmental obstacles and increased
performance for specific applications. customers competition.
Our food and beverage ingredients At DKSH collaboration between
and additives are highly diverse and have performance and have a wide range of stakeholders, investment in innovation,
a wide range of applications in beverage applications from Active Pharmaceutical and sustainable practices remain at the
and dairy, confectionery and bakery, food Ingredients (APIs) to excipients, forefront of our priorities to ensure the
supplements and nutrition and processed intermediates, nutraceuticals, biopharma industry’s long-term success and to
food and food services. and animal care solutions to packaging further contribute to India’s economic
Our personal care functional products materials. development.n
enhance your product performance Our specialty chemicals functional Sources: https://www.newworldencyclopedia.org/entry/
and have a wide range of applications products enhance your product Chemical_industry
including skin care, hair care and color, performance and have a wide range of https://www.marketsandmarkets.com/blog/CM/Global-
Chemical-Industry-Outlook-2024-Summary- Document
oral care, sun care, makeup, toiletries and applications including paint, coating, ink, https://kpmg.com/in/en/home/insights/2022/11/
more. polymer, engineering plastic, adhesive, specialty-chemicals-industry-india.html
Our pharmaceutical functional rubber, agrochemical, petrochemical, https://www.indiantradeportal.in/
vs.jsp?lang=0&id=0,31,24100,24105
products enhance your product packaging, graphic, technical film and
[146] INTERVIEW www.indianchemicalnews.com

CUSTOMER CENTRICITY REMAINS

AT THE HEART OF OUR ACTIONS
We believe that finding right synergies ensures that our acquisitions have been a force
multiplier of our human capital

grown to cater more than 4,000 ingredients

to over 6,000 customers in India and
Bangladesh. We are a supplier of specialty
chemicals across sectors from life sciences
Narendra Varde (pharmaceuticals, food & nutrition, beauty
and personal care) to industrial solutions
Managing Director (advanced materials, lubricants and energy,
IMCD India & Bangladesh coatings and construction).

IMCD India has been on an

expansion/acquisition spree.
What is the current status of these
acquisitions?

Over the last two years, IMCD has done

five acquisitions - Signet, Parkash DyeChem,
TradeImpex, Valuetree and two business
Emerging market scenario for developed economies. However, the sector, lines of CJ Shah & Company. In terms of
chemical distribution in India? especially industrial, has been fraught with integration, we believe that finding the right
pricing pressures due to overstocking of synergies ensures that our acquisitions have
The chemical distribution in India is at inventory and continued dumping. The been a force multiplier of our human capital
a crossroad of immense opportunities and geopolitical disruptions in the Red Sea and which have enabled us to build on each
soaring challenges. A growing economy, Panama Canal have had their own impact on other’s’ strengths. In fact, our Advanced
emerging brands, lower per capita supplies and prices of ingredients. Despite Materials business group is led by the
consumption and an increase in R&D spend these challenges, the overall outlook is erstwhile Managing Director of TradeImpex.
are driving growth across sectors. A stable positive for the Indian chemical sector given These integrations have not only expanded
political landscape with a favourable push the healthy annual growth of around 7% in our size but also enriched the diversity and
to the manufacturing sector has put India on the index of industrial production and a near experience of our teams. Given the focus on
the priority list of ingredient manufacturers in doubling of the FDI in FY 2022-23 over the acquisitions, IMCD has a structured process
previous year. A revival in domestic demand that allows the integration of systems,
and surging exports is expected to boost processes and people to happen smoothly
Building strong domestic manufacturing. with a focus on minimal business disruption.
relationships with our
IMCD India was established in How are these acquisitions
principals ensures a 2008. How has the journey been consolidating IMCD India’s
reliable and sustainable so far? position in the market?
value chain
Established in India in 2008, IMCD has Diversification and driving consolidation
www.indianchemicalnews.com INTERVIEW [147]

in the distribution space through M&A is a

part of IMCD’s growth strategy. Signet, for
instance, along with IMCD India excipient
business has made us the go-to provider
for excipients. We have the number one
market position in the excipients space.
CJ Shah’s specialty chemical portfolio has
helped us fill in select gaps in our portfolio
across industrial and life sciences, especially
coatings and construction space. Valuetree,
the most recent acquisition, has made us the
one-stop solution in the beauty & personal
care business. With these acquisitions, I am
proud of the fact that last year IMCD India
imported the highest volume of ingredients
into India as a distribution company.

Key factors that have contributed

to IMCD India's success and Employees are at the heart of operations and solutions?
growth in chemical distribution? everything we do; we strongly believe in
entrepreneurship and empowerment. We At IMCD, sustainability is a top priority
As a chemicals distribution company, our run many internal programs to support our for us, and we want to build it into our
primary asset is our strong network based people both personally and professionally. portfolio of solutions. Moving forward, we
on long term relationships built with our expect additions to our existing portfolio that
stakeholders – Customers, principals and What are the future growth will provide access to sustainable offerings
employees, the three pillars on whom our strategies and focus for IMCD to our customers. This emphasis is also
success rests. Our endeavour has been to India in FY 2024-25? Are you looking extended to our operations – we recently
continue to create value and be relevant for at more acquisitions? What is India's partnered with a 3PL logistics partner to
all these three pillars for sustainable growth investment plan for IMCD? house our products in a green warehouse
and successful journey. which is environmentally friendly as it runs
Customer centricity APAC market has the on solar power, is supported by electric
remains at the heart of largest share of the global vehicles, and has a rainwater harvesting
our actions, aimed at Speciality Chemicals pie facility. This facility possesses a storage
improving our offerings, (Around 45% by value), capacity of up to 450 kW of solar energy,
formulations and services. In 2023, we had with India being the second largest dominant generating 6.10 lakh units of energy per year
conducted a customer satisfaction survey region in APAC. Hence, India is a key region and saving approximately 4,93,000 metric
with over 100 customers sampled. ‘Trust’ for the IMCD group strategically. IMCD’s tons of CO2 emissions annually. In addition
and ‘Ease of doing business’ were stated outlook remains positive, and we target a to this we have gone paperless across most
as top two drivers for working with IMCD, sustainable growth approach through a mix of our internal operations and have made
with most customers wanting to not only of organic market penetration and inorganic conscious efforts to shift to environment
continue the relationship but also strongly acquisitions. We continue to identify new friendlier options on indirect sourcing.
recommending us. areas of growth and fill in gaps in our existing
Our focus on transparency, innovation portfolio to provide a holistic offering to our In the rapidly changing and
and sustainability delivered through a customers. competitive market landscape,
dedicated delivery team gives a lot of how does IMCD India stay ahead by
confidence to our principals. Building strong With increasing emphasis on anticipating customer needs and
relationships with our principals ensures sustainability and environmental market trends?
a reliable and sustainable value chain with responsibility, how does IMCD India
high-quality ingredients. incorporate these aspects into its IMCD has the benefit of its reach across
[148] INTERVIEW www.indianchemicalnews.com

regions and applications, which enables it servicing ability, through faster customs
to derive an understanding of market trends Diversification and driving clearance and shipment release, reduced
and stay ahead of the curve by co-working consolidation in the physical inspection of foods and provides
with customers to deliver products faster distribution space through increased security measures and improved
to market. Across all our Business Groups, risk management.
we work very closely with our principals to M&A is a part of IMCD’s
communicate market trends and leverage growth strategy How does IMCD plan to leverage
technical expertise to build in market digital technologies for optimizing
applications. Our team of technical experts raw material prices, as well as adversely its processes and improving overall
and our state-of-the-art application centres impacting delivery timelines. Amongst these operational performance?
are at the foundation of our value proposition challenges, is an opportunity for distribution
that propels IMCD as a partner for formulating players to act as mitigators in this disruptive IMCD adopted Salesforce (CRM) in
products that are market-ready. For instance, environment, by providing a sustainable 2022 to enable the optimization of internal
with a strong focus on electric vehicles and supply chain with alternative suppliers located processes and reporting and since then our
solar sectors, we have been developing the in diverse regions globally, thereby enabling digitalization efforts are going up by leaps
right portfolio to address our customers' global trade. Inculcating agility and flexibility in and bounds. Firstly, the group has launched
challenges and to provide them access the value chain would act as a buffer against a global hub for sampling, ordering, product
supporting them in product development. the shockwaves in supply and demand. knowledge and documentation – MyIMCD,
Additionally, the lifecycle of products in the a full-service platform. This digital portal is
How does IMCD India promote a speciality chemicals segment is reducing, and available exclusively for our customers round
culture of entrepreneurship and increasingly moving towards commoditization. the clock, who can explore our latest product
innovation within the organization? In such a scenario, investing in innovation samples, access technical documentation,
becomes imperative for developing potentially or place orders with ease. Secondly, we
Being a distribution company, people market-shaping products that will not fall prey have implemented a new initiative, Customer
are our key assets, and we strongly believe to commoditization. Care 360, a centralized email address for all
in investing in our employees. Freedom to routine business inquiries. This will allow our
act and entrepreneurship are our corporate How do you ensure highest customers to avail benefits of uninterrupted
values, with each employee empowered to standards of safety and regulatory support and faster turnaround. Additionally,
think strategically. For example, our in-house compliances in your operations? we now have a dedicated team focussing on
leadership development program, IPULSE, digital marketing initiatives for lead generation
selects nominees from IMCD companies Our health, safety, environment, quality to capture the next gen customers who prefer
across the globe as participants who can and regulatory department is central to our less facetime and more online connection
bring out their ideas to improve business. focus on responsible conduct and sustainable to queries. The aim of digitalization is to
An outcome of one IPULSE pitch that was development. We have undertaken many improve commercial excellence and to be
implemented has resulted in the expansion programs in our continuous endeavour more effective in customer acquisition.
of one of our business verticals. This to augment our compliances for safety
program allows inputs of ideas from across and regulatory aspects, and IMCD India Where do you see IMCD India 5
locations and functions, with a fast-paced adheres to the internationally recognized years down the line?
and transparent environment conducive to quality standards of ISO 9001:2015. We
experimentation and implementation. assess all our outsourced vendors, including We target to continue our exponential
transportation and warehousing, as per our growth to become the go-to distribution
Major challenges and Environmental, Social & Governance (ESG) partner for our customers across the sectors
opportunities facing the Specialty guidelines in order to ensure adherence to we cater to. Our aim is to create opportunities
Chemicals industry and what would be ESG standards across our value chain. for all our stakeholders and continue growing
your suggestions to navigate through Additionally, after a thorough evaluation together, while incorporating sustainability,
them? of our processes and premises, IMCD digitalization, and innovation in all that we
India has been granted the Authorized do. I would personally like IMCD India to
The volatility experienced globally Economic Operator (AEO) L2 status. The be the employer of choice for our growing
has caused a spike in shipping costs and AEO L2 certification enhances our customer effervescent workforce in the country.n
www.indianchemicalnews.com INTERVIEW [149]

PLANNING TO OPEN STRATEGIC

WAREHOUSES IN WESTERN AND
EASTERN REGIONS IN INDIA
Our efficient manufacturing and supply chain optimization helps us to deliver quality products
at competitive prices

Today, our network includes 28 branches and

regulatory compliance warehouses in India,
five international branches, and exporting to
65 countries, serving over 13,000 customers.
Lakshmipathy M. P. Our progress speaks to our commitment
to excellence, customer satisfaction and
Executive Director sustainable innovation.
Pon Pure Chemicals
Current services provided by the
company's established SBUs in
Basic Chemicals and Specialty Chemicals
categories, based on bulk and retail
requirements?
We have set new standards in delivery,
quality, and customer service by introducing
customized packaging, providing Certificates
Emerging trends that you foresee and innovation. Starting the journey as a small of Analysis (COA) with our supplies, and
for the global and Indian chemical start-up, it has become a growing company establishing in-house labs to ensure product
industry in 2024? in the chemical industry with a turnover excellence. This innovation has resonated well
In 2024, the global and Indian chemical exceeding Rs. 4,500 crore. Our key milestones with our clientele, allowing us to proudly serve
industries will see a boom in specialty include the strategic expansion into imports across India and overseas.
chemicals, renewable energy components, EV in 2000 and exports in 2005, followed by the Basic Chemicals: We provide round-
batteries and semiconductor materials. Trends launch of in-house manufacturing in 2017. the-clock stock availability, ensuring timely
like resilient supply chains, sustainability, and We diversified further with the fulfillment of bulk and retail needs. Repacking
"Make in India" initiatives are driving domestic establishment of an R&D unit and ventured and Blending capabilities with their own quality
production and innovation. The concept of into the B2C sector with the Vooki brand. lab verifies chemical purity.
green chemistry is also gaining attention, Specialty Chemicals: It features an
which could lead to initiatives on reduction of Our network includes 28 application lab focused on developing new
carbon footprint. molecules and enhancing existing applications,
branches and regulatory ensuring innovative and effective solutions for
How do you look back at the 42
compliance warehouses diverse customer requirements.
years long journey of the Pon Pure in India, five international We adhere to safety procedures at all
times and provide awareness programs
Chemicals and the key milestones that branches and exporting to to our customers, vendors, drivers and all
you are really proud of?
65 countries, serving over stakeholders.
Reflecting on Pon Pure Chemicals' 42-year 13,000 customers
journey reveals a remarkable story of growth Can you share a few unique insights
[150] INTERVIEW www.indianchemicalnews.com

into your sales and distribution network, contributing to a circular economy. These our customer base and solidify our market
both domestically and internationally? strategic initiatives highlight our dedication presence.
How does it ensure robust logistics to integrating sustainability into every aspect
solutions in a complex business of our operations, ensuring that our growth How do you balance short-term
environment? remains environmentally responsible. profitability goals with longer-term
investments in R&D, new product
Market Analysis: Predicting demand and What measures do you take to stay development, and sustainability
filling stocks locally, we proactively ensure competitive in the market, initiatives?
product availability, minimizing lead times. Our considering factors such as pricing,
approach emphasizes meeting the maximum innovation, and customer service? The new product development for various
requirements, offering a basket of chemical applications, and sustainability by prioritizing
products to our customers. We also have Innovation: Our robust team of 25 strategic resource use and innovation. The
strategic alliance with global petrochemical experienced R&D professionals working to company views investment in R&D as vital
conglomerates (Shell, Exxonmobil, Lyondell, give the cutting-edge sustainable solutions for future growth, not just a cost, ensuring
BASF etc) that differentiate us in the volatile chemical a steady supply of new and sustainable
Strategic Location: Our 28 branches and market. Also, we continuously evaluate products.
regulatory compliance warehouses and 4 processes to meet customer demand and By engaging with stakeholders, Pon
manufacturing units are strategically located are exploring IT capabilities, automating Pure Chemicals aligns its business goals
near major industrial hubs, warehouse operations for with societal expectations, reinforcing its
with 34 dedicated shore efficiency. commitment to adding value beyond profits.
tanks in multi-ports in Customer Service: This approach keeps the company competitive
India ensuring seamless Our customer-centric and supports growth in a fast-changing
distribution and reduced focused approach enables market.
transit times. us to deliver tailored and comprehensive Pon Pure Chemicals has been awarded
International Network: We started a solutions, fostering strong and long-term a Silver Medal by EcoVadis for its dedication
chemical drumming and repacking unit at relationships. to sustainability, ethical practices, and
Kandla SEZ in 2005, inspired by the practices Pricing: Our efficient manufacturing and environmental management, highlighting
of Singapore and Dubai. It serves as a vital hub supply chain optimization helps us to deliver its commitment to integrating sustainable
for the export and import of chemicals and quality products at competitive prices. practices into its operations and contributing
chemical products, which made us a global to the global supply chain.
player in the chemical trade and distribution. What are the key revenue growth
This strategic network enables us to drivers for the company and how Role of Digital and AI (Artificial
navigate complex logistics challenges are you planning to grow your business Intelligence), Deep Learning (DL),
efficiently, providing reliable delivery and in the coming years? Machine Learning (ML), Internet of
superior service to clients worldwide. Things (IoT), Robotic Process Automation
Key revenue growth drivers for Pon (RPA), Blockchain, and Drone in overall
How does the company plan to Pure Chemicals include customer addition scheme of things. How are you planning
make the difference in terms of and new product addition particularly in the to leverage it moving forward?
sustainability? manufacturing sector. Our low rejection rate
compared to industry standards and ability Digital technologies and AI play a crucial
Pon Pure plans to make a significant to deliver differentiated products have been role in our overall strategy. We're leveraging
difference in sustainability by embracing instrumental in driving growth. these technologies to optimize operations and
renewable energy and reducing waste. In Moving forward, we have new products enhance customer experience:
2015, we ventured into renewable energy by in the R&D pipeline, focusing on innovative • AI: We are using AI for price prediction,
establishing a windmill division, followed by a applications and developing products demand prediction to enhance our
solar generation plant. We utilize the renewable for various applications and value-added process
energy produced in our other ventures. markets. We're also planning to open strategic • ML: We are utilizing ML to increase the
We also minimize transportation costs warehouses in the western and eastern efficiency of sales team
and environmental impact by reusing and regions in India to enhance our distribution • IoT: We make use of IoT to improve safety
re-purposing drums for chemical usage, network. These initiatives will help us expand and efficiency in warehouses
www.indianchemicalnews.com INTERVIEW [151]

• RPA: We use RPA to automate routine for our customers and ensuring that chemical Industries there's a rising demand for value-
tasks and to other backend processes products are handled and transported safely added chemicals, services and intermediates.
within the community. Pon Pure is poised to supply these industries
Steps that you are taking to ensure with innovative solutions tailored to their
foolproof safety and security of Overview of the company's specific needs.
chemical products, both for customers sustainability initiatives and how do
and for the wider community? you plan to reduce your environmental CSR initiatives to be undertaken by
impact? the company in 2024?
Educational and Knowledge Sessions: We
conduct various educational and knowledge Pon Pure Chemicals has long prioritized The CSR initiatives underscore our
sessions for our vendors, customers, sustainability by introducing and promoting commitment to making meaningful
transporters, and drivers to emphasize the differentiated, eco-friendly products to the contributions to society, promoting sustainable
importance of adhering to safety protocols. Indian market since 2000. These products development and supporting communities
These programs are provided free of charge, are now commercially viable and help across various sectors, going beyond just
with a focus on our MSME customers to us address customers' daily needs while funding.
ensure they prioritize safety. reducing environmental impact. We've Education Enhancement: We're expanding
Trust Building: We have a thorough reached 13,000+ customers by continuously our involvement with the School Infrastructure
process for selecting customers and end- implementing sustainable processes. Development under the Namma School -
users, ensuring that those we work with We harness the renewable energy Namma Ooru Palli Foundation. This involves
adhere to the necessary safety standards. generated to power our manufacturing units. offering scholarships and digital learning
This ensures that chemicals reach the right We promote greener tomorrow campaigns on resources to foster inclusive educational
customers. various occasions by distributing free tree and opportunities. Additionally, we provide career
Regulatory Compliant Warehouses: Our plant seeds to all stakeholders. guidance to high school students to help
warehouses fully comply with regulatory Also, we reduce transportation costs and them choose the right path. Beyond financial
standards to securely store chemicals, minimize environmental impact, reuse chemical support, our initiatives include interviewing
maintaining a safe environment. drums, and promote a circular economy. teachers and aiding in the development of
Recognitions: These strategic initiatives demonstrate our the English primary division, which now
• Three Star Export House holder issued by commitment to sustainability, ensuring accommodates 300 kids annually.
GOI / Directorate General of Foreign Trade that our growth aligns with environmentally Rural Development: In collaboration
• AEO T3 Certified responsible practices at every level. with NGOs, we will focus on sustainable
• ISO 9001: 2015 for Warehouse Activity, agriculture, water conservation, healthcare
Storage, Testing and Distribution of New areas which are opening up and skill development projects, empowering
Chemicals, Speciality Chemicals and for chemical companies and what's rural communities toward self-reliance. We
Allied Products the role that you foresee for your also study government funding and provide
• ISO 14001: 2015 for Design, company? recommendations to MSMEs.
Development, Manufacture and Supply of Environmental Sustainability: Our
various Speciality Chemicals. New opportunities are emerging for environmental sustainability efforts will
These steps help us maintain the highest chemical companies. With the global shift include tree plantations and plastic waste
standards of safety and security, reducing risks towards renewable energy and new-gen collection.n
Digitalization
Driving Transformational Changes
[154] COLUMN www.indianchemicalnews.com

CATALYST FOR GROWTH

To enhance productivity and competitiveness, India's chemical sector must embrace the
technological innovations wholeheartedly TEAM ICN

I
n the wake of rapid technological industries in developing countries like Japan,
advancements, the Indian chemical Indonesia, India, and China are anticipated Sustainability as a key driver
industry stands at a crossroads. As to fuel the regional digital chemical industry
it is poised to become more efficient, market. In the context of sustainability,
sustainable, and innovative than ever digitalization and automation offer
before, the adoption of smart technologies Fuelling endless possibilities significant advantages. By optimizing
is no longer a choice but a necessity. resource utilization and minimizing energy
Digitalization and automation are not The chemical industry's digital consumption, chemical manufacturers can
only reshaping traditional manufacturing transformation is a story of incredible reduce their environmental footprint and
processes but also revolutionizing the way growth and endless possibilities. One of the contribute to a greener future. Furthermore,
companies operate and compete in the key benefits of digitalization and automation digital technologies enable the monitoring
global marketplace, also propelling them lies in their ability to enhance operational and mitigation of environmental risks,
towards greater sustainability, agility and efficiency. By leveraging data analytics ensuring compliance with stringent
profitability and predictive maintenance tools, chemical regulatory standards. In essence, embracing
Amid growing concerns about manufacturers can optimize their production digitalization and automation is not just
environmental sustainability, digitalization processes, reduce downtime and minimize about driving business growth but also about
and automation are driving the adoption of wastage. Furthermore, automation enables fulfilling corporate social responsibility and
green technologies in the chemical real-time monitoring and control, contributing to sustainable development.
industry. From energy-efficient ensuring consistency and quality in However, the journey towards digital
processes to waste minimization the final product. These efficiencies transformation is not without its challenges.
and recycling initiatives, companies not only drive cost savings but also Indian chemical companies must navigate
are leveraging digital solutions to enable companies to meet the issues such as legacy systems, data
reduce their carbon footprint and evolving demands of customers security concerns and the need for skilled
enhance sustainability across in a rapidly changing market. talent. Additionally, there may be resistance
the value chain. Moreover, digital Moreover, digitalization fosters to change from employees accustomed to
technologies enable the monitoring and innovation and accelerates time-to-market traditional ways of working. Overcoming
optimization of environmental performance, for new products. Advanced simulation these obstacles requires strong leadership,
facilitating compliance with regulatory and modeling technologies allow chemical investment in training and development,
requirements and industry standards. companies to design and test formulations and a commitment to fostering a culture of
According to the EY CEO Outlook Survey more efficiently, enabling faster iteration and innovation and adaptability.
2022, digital transformation is the second- product development cycles. Additionally,
most prominent capital issue for chemical digital platforms facilitate collaboration AI powered digital tech transformation
players across the globe. The global digital and knowledge sharing within the industry,
chemical industry market size was valued at fostering a culture of innovation and In today's data-rich environment,
US$ 11.1 billion in 2021 and it is expected continuous improvement. harnessing the power of analytics and
to reach US$ 61.7 billion in 2030, record Artificial Intelligence (AI) is paramount
a promising CAGR of 21.4% from 2022 to for chemical companies seeking to gain
2030, as per InsightAce Analytic. The Asia The proliferation of IoT a competitive edge. Advanced analytics
Pacific region is estimated to hold the highest devices and sensors is tools enable manufacturers to derive
market share during the forecast period. valuable insights from vast amounts of
Factors such as the developing chemical
revolutionizing the concept data generated throughout the production
industries, increasing R&D investments for of smart manufacturing in lifecycle. From predictive maintenance to
manufacturing processes, and the quick the chemical industry demand forecasting and quality control,
adoption of digital technologies by chemical AI-driven solutions are helping companies
 www.indianchemicalnews.com COLUMN [155]

optimize processes, improve efficiency and

minimize risks.
The proliferation of IoT devices and
sensors is revolutionizing the concept
of smart manufacturing in the chemical
industry. By connecting equipment and
systems across the production floor,
companies can create interconnected
ecosystems that enable real-time
monitoring, remote control and predictive
maintenance. IoT-enabled solutions enhance
visibility, agility and responsiveness, paving
the way for more flexible and adaptive
manufacturing operations.
Automation has long been a cornerstone
of efficiency in manufacturing, and the
Indian chemical industry is embracing
robotics and automation technologies implementing changes in the real world. chemical industry to collaborate and share
like never before. From Robotic Process Simulation modeling enables predictive best practices. Government bodies can play
Automation (RPA) for repetitive tasks to analysis, scenario planning and continuous a pivotal role by providing incentives for
autonomous robots for material handling improvement, empowering companies technology adoption, investing in research
and logistics, automation is streamlining to stay agile and responsive to market and development and creating a conducive
dynamics. regulatory environment. Likewise, industry
With digitalization comes associations and academic institutions
the imperative to safeguard can facilitate knowledge exchange and
Tech trends shaping Indian sensitive data and protect skill development initiatives to equip the
chemical industry critical infrastructure from cyber workforce for the digital age.
threats. As chemical companies By embracing the latest trends and
• Data Analytics and AI-driven Insights embrace cloud computing, IoT leveraging cutting-edge technologies,
• Internet of Things (IoT) and Smart Manufacturing and interconnected systems, chemical companies can position
• Robotics and Automation cybersecurity becomes a top themselves for success in a rapidly evolving
• Digital Twins and Simulation Modeling priority. Robust cybersecurity market landscape. The companies will have
• Cybersecurity and Data Privacy measures, including to establish an accommodating culture
• Sustainability and Green Technologies encryption, access controls that promotes flexibility and learning.
and threat detection systems, With a framework to help present a clear
are essential for safeguarding vision for how digital and exponential
operations, enhancing safety, and increasing intellectual property, maintaining regulatory technologies can impact business strategy,
productivity. Moreover, collaborative robots compliance and ensuring business the companies can achieve aspirations for
(cobots) are enabling humans and machines continuity in an increasingly interconnected the five key dimensions—user experience,
to work together seamlessly, unlocking new world. talent enablement, asset reliability and
possibilities for innovation and efficiency. performance, material system innovation
Digital twins, virtual replicas of physical Outlook and ecosystems.
assets and processes, are gaining traction The journey towards digital
as a powerful tool for optimization and The Indian chemical industry is at a transformation may present challenges, but
innovation in the chemical industry. pivotal juncture, poised to harness the full the opportunities for growth and competitive
By creating digital twins of production potential of digitalization and automation advantage are immense for those who dare
facilities, companies can simulate to drive innovation, efficiency and to lead the way. It's a journey that promises
scenarios, test hypotheses and optimize sustainability. To realize the full potential, it is a future of greater efficiency, safety and
operations in a virtual environment before essential for stakeholders across the Indian sustainability.n
[156] COLUMN www.indianchemicalnews.com

LEVERAGING DIGITAL AND AI

TECHNOLOGIES FOR BUSINESS
GROWTH
IOCL leverages AI and analytics to optimize O&M. The Refinery Production Scheduler
optimizes production planning by minimizing the gap between planned and actual production

making, ensuring optimal pricing

strategies in a dynamic market. Moreover,
the CGD (City Gas Distribution) competitor
tracking tool empowers IOCL to stay ahead
Manish Grover of the curve by offering real-time market
intelligence.
Executive Director
(Strategic IS & IS)
Transforming supply chain &
IOCL
logistics with automation

IOCL has implemented the largest supply

chain integration tool named Integrated
Planning Tool with Aveva and Accenture.
Further, recently IOCL has implemented
the Integrated Shipping tool. This software
automates chartering, operations, and
financial processes, leading to improved

T
he digital landscape is rapidly Process Automation) automates tasks efficiency and cost reduction across the
transforming the business world. like customer outstanding reports, invoice supply chain. Similarly, robotic cleaning of
Companies across industries are processing, and GST (Goods and Service POL (Petroleum, Oil and Lubricant) tanks
embracing digital and Artificial Intelligence Tax) filing, freeing up human resources to enhances standardization and efficiency.
(AI) technologies to enhance efficiency, focus on strategic initiatives. Network planning tools support strategic
gain a competitive edge, and unlock new Customer churn analytics leverage RFM decisions for retail network expansion,
growth opportunities. This essay explores (Recency, Frequency, Monetary) models to optimizing resource allocation and
how IndianOil Corporation Limited identify at-risk customers. This allows for customer reach.
(IOCL), the energy of India, is leveraging proactive engagement strategies to retain
these technologies to achieve significant valuable customers. Price forecasting Enhancing inventory management
business growth. tools for Petrochemical products provide with real-time visibility
valuable insights for strategic decision-
Optimizing sales & marketing with Inventory management plays a
data-driven insights crucial role in optimizing costs and
Inventory management ensuring product availability. The PCCIM
IOCL has implemented several plays a crucial role (Petro Chemical and Catalyst Inventory
innovative tools to streamline sales and Management) dashboard and Refinery
marketing processes. The Lubes tender
in optimizing costs Chemicals Inventory Management
plan tool facilitates data consolidation and and ensuring product Dashboard provide real-time visibility into
visualization, enabling informed decision- availability stock levels for the Petrochemical division
making. Additionally, RPA (Robotic and refineries, respectively. This empowers
www.indianchemicalnews.com COLUMN [157]

informed decisions regarding inventory awareness. gained valuable insights, and enhanced
optimization and resource allocation. customer experience. However, the digital
Additionally, RPA automates reports for Ensuring compliance and efficiency landscape is constantly evolving.
outstanding payments to MSME vendors, with automation Looking ahead, IOCL will need to
ensuring timely payments and fostering continuously adapt and embrace modern
stronger supplier relationships. IOCL utilizes RPA to automate tasks technologies to maintain its competitive
related to GST data extraction, reconciliation edge. Potential areas of focus include:
Optimizing operations & and filing. This not only reduces manual • Advanced Analytics and Machine
maintenance with AI and analytics errors but also ensures timely compliance Learning: Leveraging AI for predictive
with tax regulations. Similarly, RPA maintenance, demand forecasting,
IOCL leverages AI and analytics to automates monitoring of IRN (Invoice and risk management can further
optimize operations and maintenance. The Reference Number) generation exceptions, optimize operations and decision-
Refinery Production Scheduler optimizes streamlining invoice processing and making
production planning by minimizing the gap ensuring data accuracy. • Cloud Computing: Utilizing cloud-
between planned and actual production. based solutions can enhance
This approach reduces quality giveaway Enhancing customer experience scalability, agility and data
and leads to increased production with AI-powered tools security
efficiency. The FCC (Fluid Catalytic • Blockchain Integration: Implementing
Cracking) Mathura yield optimization The CGD chatbot tool provides a blockchain technology can improve
tool utilizes real-time data to recommend significant improvement in customer supply chain transparency and
optimal process parameters for maximizing service by reducing transactional workload traceability
high-value product output. and offering a more convenient way for • Cybersecurity Measures: As digital
Furthermore, Lubes formulation customers to interact with the company. adoption increases, so does the need
analytics optimize raw material blends for This AI-powered solution enhances for robust cybersecurity solutions to
desired lube quality, ensuring consistency customer experience and satisfaction. protect sensitive data and systems
and cost-effectiveness. Analytics on By continuing to invest in innovative
Overtime data identifies patterns and Embracing the future of digital technologies and fostering a culture of
trends to optimize overtime utilization and transformation innovation, IOCL can ensure its long-term
improve operational efficiency. success in the ever-evolving digital age.
Robotic cleaning of POL tanks IOCL's digital transformation journey This case study serves as a
streamlines maintenance processes and is a testament to the power of leveraging valuable example for organizations
minimizes downtime. Finally, AR/VR digital and AI technologies for achieving across industries, demonstrating the
enabled training tools provide immersive business growth. By implementing a range transformative potential of digital and AI
training experiences for employees, of innovative solutions, the company has technologies for achieving sustainable
enhancing skill development and safety optimized processes, improved efficiency, business growth.n
[158] COLUMN www.indianchemicalnews.com

DRIVING COST OPTIMIZATION AND

OPERATIONAL EXCELLENCE
By embracing digital transformation as the driving force, companies can achieve a powerful
fusion of cost optimization and operational excellence

crude oil prices, geopolitical uncertainties

and difficulties in talent acquisition and
retention. Where capital is constrained,
market volatility is high, and significant
Ritwik Rath plant overhauls are not a viable option.
Achieving a competitive advantage
Executive Director - ERP requires agile decision making and
HPCL disciplined execution. However, amidst
these challenges lies a prime opportunity
for the industry to address these
issues head-on by embracing digital
transformation. This allows organisations
with strong competencies and robust
business processes to leverage digital
insights to deliver business benefits.
Traditionally renowned for its
extensive physical infrastructure and

I
n today's dynamic business landscape, operational performance. It's not only resource extraction capabilities, the oil
characterized by rapid technological about reducing costs, but also having an and gas industry is now undergoing
advancements and evolving consumer integrated approach to systematise cost a profound digital revolution. This
expectations, organizations are efficiency in various spheres of business. transformation, commonly referred to as
constantly challenged to stay competitive Similarly, operational excellence concerns the "Digital Oilfield," is propelled by the
while ensuring operational efficiency and the continued pursuit of optimising effort widespread adoption of various cutting-
cost-effectiveness. In this pursuit, cost and resource consumption across all edge technologies that are fundamentally
optimization and operational excellence business processes - streamlining reshaping the operational landscape of
have assumed paramount importance operating practices, eliminating waste, companies within the sector. Through the
and organisations are leaving no stone ensuring quality of service/delivery etc. strategic integration of these digital tools,
unturned. Digitalization is a major tool in The oil and gas sector is currently oil and gas enterprises are witnessing
every company’s arsenal in this effort. grappling with a myriad of challenges, remarkable enhancements in operational
This article delves into various strategies including heightened scrutiny regarding excellence, resulting in heightened
that oil and gas companies are adopting in climate change accountability, volatile efficiency, safety and profitability.
leveraging digital technologies. Numerous oil companies are
Before venturing into the measures embarking on comprehensive digital
being adopted, let’s set the context in Agile methodologies and transformation initiatives aimed at
which we are evaluating the impact DevOps practices are optimizing core operations. These
of digitalization! Cost Optimization initiatives primarily revolve around the
refers to the process of identifying and
enabling organizations deployment of a diverse array of digital
implementing strategies to minimize to deliver high-quality technologies, including predictive
expenses while maintaining or improving products and services analytics, automation, mobility solutions
(such as wearable technologies, sensors,
www.indianchemicalnews.com COLUMN [159]

robots and drones), 3D printing for data in real-time, gaining insights into field units, thereby increasing the reaction
functional excellence and the utilization performance metrics and identifying times and taking more timely action.
of Cloud and DevOps methodologies in IT areas for improvement.
domains to bolster support structures. By Digital twins allow engineers to Continuous improvement
leveraging these technologies, oil and gas simulate operating scenarios and identify
companies are streamlining processes, bottlenecks that hinder throughputs. With the exponential increase in
minimizing asset downtime, improving These help in taking real-world decisions compute and storage capabilities, while
operational efficiency, reducing labour without costly physical interventions and/ significant reduction in their costs,
costs and enhancing overall functional or risking safety, security of personnel. oil and gas companies are identifying
excellence across various operational Recent reduction in the cost of the trends, patterns, and inefficiencies
domains. technology has also helped increase its in their processes through analysis
Many of the company’s most impactful adoption. of historical data. This allows them
digital projects involve application of to implement various improvement
optimization techniques in their production Integrated asset management initiatives, enhancing quality, reducing
and refining operations to maximize output waste, optimizing resource allocation and
for every unit of energy consumed. This is Digital technologies enable integrated improving workplace and field safety.
with the objective of boosting profitability asset management strategies. They Additionally, agile methodologies
while reducing carbon emissions. Use have helped companies leverage data and DevOps practices are enabling
of digital technologies enables oil and generated by various automation systems organizations to deliver high-quality
gas companies to achieve higher levels implemented over the last decade or two! products and services more efficiently
of efficiency and productivity through This helps companies optimize the asset through increased collaboration,
various means as mentioned below: lifecycle of acquisition, maintenance and continuous integration and rapid iteration.
performance. Starting with intelligent Businesses are accelerating the time-
Real-time monitoring and tagging of assets, analysing equipment to-market and enhancing the agility to
optimization p e r for ma nce / be hav i our/dow n t ime, respond to customer demands.
reviewing quality of maintenance services Cost optimisation remains the prime
Digital technologies facilitate real- etc. enable organisations to take pre- focus of every organisation that aspires
time monitoring and optimization of emptive actions and extend life of assets. to remain in business and at the top of
critical processes and assets, enabling Aided by data & analytics, companies are the stack. The oil and gas industry is
companies to enhance operational minimizing unplanned downtime, reducing no different. However, given the spread
efficiency and reduce downtime. Through maintenance costs and sweating the and complexity of their operation, these
the deployment of sensors, IIoT devices assets a bit, or quite a bit more. Advent companies are more susceptible to value
and advanced analytics, operators can and adoption of edge devices have also leakage through inefficient supply chain,
collect and analyse vast amounts of helped devolve decision-making to the inadequate inventory management,
[160] COLUMN www.indianchemicalnews.com

longer decision-making processes, minimizing storage costs and preventing leveraging disparate skills spread across
acquisition/retention of costly talent costly disruptions caused by stockouts. geographies etc.
and dated business models. In recent
years, the advent of digital technologies Efficient supply chain New business models
has revolutionized traditional practices,
offering unprecedented opportunities for Real-time visibility is key to Digital technologies have enabled
cost optimization across the value chain. streamlining the supply chain. Traditional the oil and gas industry to explore non-
Below are some of the measures that the methods often lack real-time data on the traditional business models of product
industry is adopting towards meeting the location and status of equipment, materials and services delivery. E-Marketplaces
stated objectives. and transport. GPS tracking systems and have helped organisations increase their
IoT sensors embedded within equipment business at optimal costs, while enabling
Optimized inventory management and containers provide real-time visibility quick response to customer requirements.
throughout the supply chain thereby The visibility to customer profiles also
Advanced analytics platforms, helping mitigate any contingencies in case helps in refining the offerings.
powered by AI, help analyse historical data of any adverse event. New optimisers In conclusion, driving cost optimization
on consumption patterns, lead times, and help identify shortest possible delivery and operational excellence in the era of
external factors like weather, industrial networks in terms of time and cost. These digital transformation requires a strategic
activities, change in user demography/ also help simulate scenarios for building approach that leverages technology, data
preferences etc. for generating highly redundancies or required failover. and innovation. By embracing digital
accurate demand forecasts. This allows transformation as the driving force,
companies to optimize inventory levels, Talent management companies can achieve a powerful fusion
of cost optimization and operational
Data and analytics further enable excellence. This translates to leaner, more
Use of digital technologies various stages of talent management efficient operations, improved customer
enables oil and gas viz. hiring, capability development, satisfaction and sustainable competitive
companies to achieve deployment, engagement etc. These, advantage. n
scientifically, help organisations
higher levels of efficiency understand and plan for more engaged
Reference:
1. The Digital Oil Company: Getting Ahead of The Energy
and productivity through and productive workforce. New- age Transition, 2017, Accenture
2. Harnessing volatility: Technology transformation in oil
various means collaboration platforms further employee and gas, 2022, McKinsey
interaction, experience sharing,
[162] COLUMN www.indianchemicalnews.com

INDUSTRY 4.0 & DIGITAL

TRANSFORMATION TO DRIVE
CHEMICAL INDUSTRY GROWTH
By using digital platforms, blockchain and e-commerce, chemical companies can develop
new business models and reach new markets and customers

transformation uses digital technologies

to transform business processes, models
and strategies. Together, they can enable
Naveen Kumar the chemical sector to achieve operational
excellence by increasing productivity,
VP Chemicals enhancing quality, lowering costs, raising
Natural Resources and customer satisfaction and creating new
Manufacturing revenue streams – in a sustainable manner.
AVEVA By incorporating the use of connected
intelligence and insights supported
by sensors, smart devices and data
analytics, chemical companies can track
and manage their processes in real time,
identify and avoid problems proactively,
and reduce energy and resource use.
This can help lower downtime, waste and
emissions and ensure profitability, improve

T
he Indian chemical industry is a Transforming the Indian chemicals customer satisfaction, all while meeting
dynamic and growing sector, adding industry sustainability goals.
around 7% to the GDP and 15%
to manufacturing output. The sector Industry 4.0—or the fourth industrial Beyond the numbers
is expected to reach US$ 304 billion revolution—uses advanced technologies
by 2025, fuelled by the rising demand such as artificial intelligence (AI), internet Industry 4.0 and digital transformation
from various end-use sectors such as of things (IoT), cloud computing, big data, are not the only areas in which companies
pharmaceuticals, agrochemicals, textiles, analytics, robotics and automation to can benefit from. Other areas that
paints, and plastics. India’s demographic create intelligent and connected plants, companies often see improvements in
driven growth can potentially take it to US$ factories, products, and services. Digital include:
1 trillion by 2040. • Product innovation: By using artificial
However, the sector also faces Organizations need to intelligence, machine learning and
significant challenges such as the digital platforms, chemical companies
impact of geopolitical events, increasing
rethink their business can speed up their research and
competition, variable raw material prices, processes and leverage development, create and test new
evolving environmental regulations and solutions that can help products and tailor their offerings to
changing customer expectations. To meet the specific requirements of their
navigate these challenges with agility and
manage operations across customers. This can help them stand
achieve sustainable growth, the sector multiple sites from a out from their competitors, generate
needs to speed up the adoption of Industry single location new markets and increase customer
4.0 and digital transformation. loyalty.
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• Customer intimacy: By using

IoT, cloud computing and mobile
applications, chemical companies
can communicate with their
customers, suppliers and partners and
provide them value-added services,
such as predictive maintenance,
remote support and performance
optimization. This can help them
enhance customer satisfaction,
retention and advocacy, and lower
customer acquisition and service
costs.
• Business model transformation: By
using digital platforms, blockchain, and
e-commerce, chemical companies
can develop new business models,
such as platform-based ecosystems, chemical companies often face is that they A connected ecosystem also enables
asset-sharing and subscription-based not only have to build a chemical plant or best use of human capital, where instead
services, and reach new markets factory, but also all the infrastructure that of each organization or site hiring a large
and customers. This can help them goes along with it. For example, some of number experts across multiple sites,
diversify their revenue sources, grow the companies we recently talked to have organization and their partners can hire the
their market share and reduce their power plants ranging from 100-300 MW. right resources at right location and deliver
reliance on traditional channels. In such scenarios, companies need to value across the enterprise or eco-system.
consider technologies that work for both
Overcoming India’s unique the process plant as well as the supporting People, process and technology
challenges infrastructure so as to fully optimize their
investments. In conclusion, Industry 4.0 and
However, while many organisations digital transformation are not just buzz
are already often working towards digital A connected industrial ecosystem as words, but powerful forces of change
transformation, whether with internal a force multiplier and growth that will transform the Indian
colleagues or from partner firms, many chemical industry. However, to unlock
often encounter obstacles such as data Success will hinge on adopting an the real value and lasting benefits of
silos and a variety of tools and discipline ecosystem-first strategy for data and technology, leadership teams will need
in their adoption journey. insights. By developing an integrated digital to clearly define their purpose and
This is a particularly major obstacle twin enhanced with AI and data analytics, strategy for the long-term. Throughout
we’ve observed for Indian chemical chemical companies can consolidate the adoption process, leadership
companies adopting digital technologies. data from the entire industrial lifecycle to teams will also need to be involved, by
Furthermore, given the smaller scale of generate insights that drive better, more identifying the business processes that
their plants, it often is hard for them to give confident decision-making. need to be adjusted to ensure successful
strong business rationalizations based A connected, integrated industrial implementation.
on the usual economic factors. This is cloud-based ecosystem further empowers By adopting and implementing
an area where organizations will need companies to extend the advantages of Industry 4.0 technologies, the industry
to rethink their business processes and digital transformation across its multiple can not only improve its operational
leverage solutions that can help manage locations across geographies, as well as efficiency, product innovation,
operations across multiple sites from a externally, to its partners, suppliers and customer intimacy and business
single location. There are many examples other stakeholders. This allows teams to model transformation, but also achieve
in other countries, particularly in the west, view integrated data from any location, its sustainability goals and create a
where organizations have built remote allowing them to work together from a positive impact on the society and the
monitoring centers to achieve economies shared reference point bolstering real-time environment. The time is now for the
of scale and have a team of experts monitor collaboration and cultivating communities. Indian chemical industry to embrace
performance and provide solutions across This, ultimately, builds a set of continuous Industry 4.0 and digital transformation
multiple sites. feedback loops that spark ingenuity at and unleash its full potential to reach
Another challenge many Indian every level. US$ 1 trillion by 2040.n
[164] COLUMN www.indianchemicalnews.com

NAVIGATING THE COMPLEXITIES

OF DIGITAL TRANSFORMATION
IN MANUFACTURING
Implementing digital transformation requires changes in organizational culture, processes
and workflows

Integrating digital technologies with

these legacy systems can be complex
and costly. Moreover with varying
degrees of digital maturity it becomes a
Gaurav Vyas problem to execute projects efficiently,
economically and uniformly. For example,
AVP – Strategy one facility has all smart plant drawings
RIL and documentation while other has them
only in physical hard copy form, that
too not complete at times and with low
legibility. Overcoming these infrastructure
limitations requires investment in bringing
infrastructure to the level that digital
solutions can be implemented.
Therefore, a particular Proof of
Concept (PoC) which could be very
successful at one place with better Return

E
nd-to-end digitization in the oil and gas impediments faced in end to end digitization on Investment (RoI) would not be an ideal
industry presents several challenges as in manufacturing space, particularly in oil fit for another place.
the operations and nature of business and gas, chemicals and petrochemical Though difficult, it pays off rather to
is itself complex. Moreover with regulatory installations as following carry out digitization at the place where
requirements, and the scale of the industry presently there is dearth of digitization and
with varying degree of digital maturity levels Legacy infrastructure documentation and where the gap is huge
of various facilities even within the same to cover, while it becomes easier to test
organization, plug and play solutions and Though there are various state-of- any new technology at the place where
one size fits all for end to end digitization is the-art facilities in the industry, at the doing and implementing a pilot is easy.
not an option in the oil & gas, chemicals and same time we have extensive legacy
petrochemicals industry. infrastructure, including outdated Data integration from several
Digital transformation is not just required equipment, systems and processes. platforms
for maximal gains but it could also be a way to
survive with global energy transition likely to Oil and gas operations generate vast
lead to the closure of marginal assets across There is no talent pool amounts of data from various sources
the oil and gas value chain in the coming with expertise in both oil such as sensors, equipment, and
decades. To remain competitive, oil and gas personnel. Integrating and analyzing this
assets strive to transform operations, by
and gas operations and disparate data efficiently to gain actionable
improving yield, energy, throughput, reliability digital technologies such insights can be challenging.
and availability while reducing costs. as data analytics & AI/ML Taking a data to a single platform,
The main challenges, barrier and reconciliation and to create a single source
www.indianchemicalnews.com COLUMN [165]

of truth itself is a challenge, and there in operating process facilities. While Cost and RoI concerns
poses another challenge that to create those trained in data analytics and
single source of truth we should integrate digital technologies have limited or no While digitization offers potential cost
the systems which do not talk with each understanding of oil and gas facilities and savings and operational efficiencies in the
other, are not compatible, have come up processes. There is no talent pool with long term, the initial investment required can
at difference epoch thus use different expertise in both oil and gas operations and be substantial. Demonstrating a clear return
technology and may not have latest digital technologies such as data analytics, on investment (RoI) and securing funding
versions compatible with latest digital AI/ML. While organizations recruit, train and for digital initiatives can be challenging,
solutions on offer. invest in people to bridge this gap, retaining especially in periods of low oil prices.
such trained talent with the necessary dual
Sabotage risks skills can be a challenge for companies Stall at PoC and infinite wait for
seeking to digitize their operations. scale up
The digitization of operations increases
the risk of cybersecurity threats such as Cultural resistance to change While there are plenty of things at PoC,
data breaches, ransomware attacks and 90% percent don’t go beyond the pilot
sabotage. With end to end digitization Implementing digital transformation phase, and here the RoI or technology isn’t
is thought of to create value through requires changes in organizational culture, the problem. Though pilots are successful,
transparency, end-to-end view and faster processes, and workflows. Resistance to exceeding their technical goals, they face
and informed decision making, the risk change from accustomed/conventional roadblock in the form of cultural resistance
is to protecting critical infrastructure and traditional ways of working to digital ways and resistance to change. It is easy to
sensitive data from cyber threats, sabotage, is a challenge in oil and gas industry with move PoC as the application area is limited
leakage of sensitive information. When we several processes having checks and and things are cohesive, the user group is
think of a digital journey, we should also see balances, robust conventional system this small, decision making swift and change
the armoury needed to defend against the adoption of digital technologies and end- management easy to communicate. But,
bandits on the journey. to-end digitization first requires changes in things change when PoC is scaled up as
processes and systems and ‘way we work’ group dynamics of large scale tears apart
Regulatory compliance then comes adoption of digital technologies. all agility and swiftness of small groups.
Secondly, at PoC, the technologies and
Oil and gas industry is subject to Perception silos use cases don’t always generate clear value,
stringent regulations regarding fire, safety, PoC at times don’t demonstrate solving a
environmental protection and various Even if digitization related departments problem convincingly and bringing a clear
specific standards based on service and of organizations are enthusiastic about financial gain to the table. With project
facilities nature and region. Ensuring digitization, this doesn’t mean that people teams not able to clearly demonstrate the
compliance with these regulations while working on the ground in manufacturing impact of PoC. Management can’t see
implementing digital technologies requires will be. It’s important to know what the clear cost benefits and thus are not willing
careful planning and adherence to industry user needs and not what Industry 4.0 to invest for scale up.
standards. For example: Implementing technologies are offering. If we create Addressing these challenges requires a
a video analytics solution inside unit new platforms which increase rather strategic approach, collaboration across the
battery limits of refinery or petrochemical than decrease the work of people on the industry, and a commitment to innovation
installations all equipment needs to be ATEX ground, the platform will be Digital Dodo and continuous improvement. Despite the
certified, compliant to fire standards/area which will soon be extinct and find no challenges, the benefits of end-to-end
zone, this requirement increases the cost user, however good it might be. Unless digitization in terms of improved safety,
times 10X as compared to may be in a mall user buy-in is there, right support to users efficiency, and competitiveness make it
or sports complex or retail installation. is provided digital adoption remains a a worthwhile endeavour for oil and gas
challenge. To succeed at scale, however, companies. To overcome these barriers,
Legacy workforce any new digital solution must integrate digital transformation should focus on
seamlessly with the organization’s value creation, incorporate systems to
Oil & gas talent pool is trained in culture, ways of working, infrastructure track progress and benefit impact at every
conventional knowledge, experienced and available skill level. step and cultural transformations.n
[166] INTERVIEW www.indianchemicalnews.com

BAGGED ORDERS WORTH

RS. 200 CRORE IN DIGITAL
SOLUTIONS IN FY 2023-24
We have been flowing back a significant portion of our profits back into the company for
development

Percentage of companies opting

for new digital technologies?

When we first started deploying

Dr. Pratap Nair these digital solutions, there were very
few MNCs who were willing but today,
President and CEO almost everyone in this industry wants to
Ingenero do something and explore. Globally, they
are in different phases at various levels
of advancement but almost everyone
is looking at it positively. Here in India,
industry players including refiners are
exploring and trying to see what they
can do in this area. More than 80% of
the people are at least trying to put some
sort of digital element in place while just
10-15% have actually set up some real
Industry trends with respect to these technologies. applications. At the same time, one would
digital transformation solutions? Both globally and in India, we are see a higher percentage of adoption in the
beginning to see companies realizing western world and in the Middle East.
In the last few years, Industry 4.0 that people and processes are equally
revolution has been taking place and important in addition to technology. How do you see deployment of
there are a lot of digital technologies that Involving the right people with industry AI based engineering solutions?
have been spawned from this revolution. domain expertise is necessary, to
There have been a lot of new software restructure work processes to harness AI is a key component of value
and analytical tools, all of which has these technologies, to improve efficiency, generating digital solutions. I would call
been made possible because of higher safety, reliability, ease of working, etc. such digital technology based solutions
computational and storage capabilities relevant to our industry as Applied AI
and communication speed. solutions. Applied AI helps in achieving
Early adopters have found out that just more objectives, faster and better and in
adoption of technology is not going to Our focus is to provide a automating mundane tasks. It provides
really provide them value unless there is solution that will actually augmented intelligence, for making
proper monetization and utilization of these help in certain areas better decisions, maybe more optimally.
technologies to actually solve business It also enables faster learning, ability
problems. With learning from failures by like safety, reliability, to create new revenue streams, better
early adopters, a lot of companies are sustainability and collaboration, better user experience and
now focusing more on getting value out of efficiency enhanced efficiency, safety, reliability and
all this in a more sustainable manner.
www.indianchemicalnews.com INTERVIEW [167]

Do you see new technologies Ingenero has been promoting

driven models are possible with machine
like ChatGPT being incorporated IngeneroX (Ingenero’s digital
learning. Hence with this digital twin, one
for industrial applications? solutions). Do you see solutions
is able to be more innovative. It offers a
catering to sustainability, innovation,
Ever since it was introduced in the clearer picture of what is happening in
supply chain, process, and
market last year, ChatGPT has helped to terms of level of emissions, for example,
manufacturing?
bring a lot of focus on digital and more and helping us to make appropriate
specifically AI. In our industry too, there IngeneroX is a suite of Applied AI changes to lowering them.
is a lot of merit and value being created to based solutions that help us to make
utilize some of the Machine Learning tools better decisions in the supply chain and How will Ingenero solutions help
for analysis and ChatGPT for information Manufacturing. It includes data collection companies with respect to
generation. Companies are trying to figure and handling, analysis and intelligence digital transformation?
out how they can utilize ChatGPT to find generation, communication through more
easier ways to interact with the machine. intuitive visualization of results, prescribed We work with process manufacturers
Earlier one had to type something and actions and implementation of actions. and provide a combination of software
do things physically but here you are able We have been deploying IngeneroX as well as associated services for
to sit back, ask questions, maybe voice solutions for almost eight years. achieving operational excellence. There
questions or just a prompt or series of The solution helps in making better is a lot of generic foundational software
prompts to get the answers. It's the next plans and reacts quicker to changes that that is available in Artificial Intelligence or
level of being able to interact with the happen in the marketplace through optimal Machine Learning but one has to combine
machine and extract value. planning. In terms of innovation, one is it with people and process. Our focus
ChatGPT has helped this whole area able to build a model for the manufacturing is to provide a solution that will actually
and the applications are still evolving. process, supply chain process or any help in certain areas like safety, reliability,
There are all types of applications where of the other business processes using sustainability and efficiency. It is more
ChatGPT can be used in a modified way. It a digital twin, which helps speed up the proactive and it is a lot safer to operate
can be done using retrieval and augmented innovation process these facilities. If something is going
generation. We have to remember that it is The digital twin traditionally was based wrong it will be able to fix it. In terms of
one portion of bigger set of AI technology on purely fundamental models but today a production, one can do remote tracking,
applications. hybrid of fundamental models and data- guiding of production reliability, better
[168] INTERVIEW www.indianchemicalnews.com

yields with its efficiency, better recoveries, Being a privately held company, we
better conversions, cost efficiency, energy We have also don't reveal revenue and profit numbers,
efficiency and much better sustainability. been supporting I would like to mention that we bagged
decarbonization orders worth Rs. 200 crore in digital
Solutions provided by Ingenero? solutions last year. Last year, we saw a
technology companies 60% growth and we have been growing
Broadly, I can divide solutions we with design engineering at almost 20% to 25% consistently. At the
provide into three verticals for the process same time, we have been flowing back a
industry. These are: design engineering, adequacy, anomaly detection, SIL, LOPA significant portion of our profits back into
operations engineering, digital solutions among other services. the company for development and that's
for both design and operations engineering why we've been able to really come up
that includes efficiency, reliability, safety In the next 2 years, Ingenero will with a lot of these solutions.
and sustainability. be celebrating its 25th year. Given the current visibility, we continue
On design engineering, we get What's your target for this special to see the type of growth today that we
involved right from the conceptual stage occasion? have seen in the last couple of years and
to processing engineering skills and expect good growth in the next year or
then going into the early decision phase We have been actually deploying two. We are very bullish about things in all
followed by taking it all the way through automated digital solutions in the past three categories but digital has really taken
construction commissioning. So, while ten years. Earlier, we were providing a the lead. At the same time we also see a
we are involved in each of these stages lot of operations support, but today we good amount of growth in engineering
but our core strength is conceptual design have automated software using applied AI as well as safety. We have been doing
and operations engineering. doing end to end things. In the first year, a lot of sustainability engineering work
we started conceptualizing and putting with several customers. We are seeing
Ingenero has been providing digital solutions in place. And in the next new projects and interestingly, these are
complete systems with nine years, we deployed our solutions at happening in the Middle East, even more
validation and mitigation services to 50 plus sites. We have about 500 plus use than the West.
ensure that clients are safe and cases in five different regions including
compliant with all API and OSHA the US, Middle East, India and Asia Manpower recruitment plan for
regulations. Solutions under this Pacific. We have worked with refineries, the next two years?
category? petrochemicals and midstream. The type
of use cases that were covered include When we first started and built our
In whole area of process safety, each profitability, reliability, safety, efficiencies, company, our core strength was all kinds
country has its own regulatory body. energy sustainability, waste management of specialized process engineering type of
OSHA in the US took a lead and it became and water management. work. A lot of our people had operations
a template for others to follow. The US was experience and it was a very unique
the first to make a lot of things mandatory Orders bagged and executed in combination of people with operations
including process safety management. It FY 2023-24 both in Chemical shop floor experience as well as design
has a set of 14 elements and with time and Petrochemical? engineering, and technical, analytical,
it has evolved. The Centre for Chemical and software. Comparatively, the group
Process Safety which is part of the In addition to proof of concept and has evolved now with 50 percent of this
American Institute of Chemical Engineers pilots, last year we covered about 30 sites. core team involved with digital solutions.
is again emulated by regulatory bodies That’s the volume of digital business we It is a diverse team with domain experts
across the globe. They have come up with are doing and it is continuously growing, with experience in process, operations,
a little more practical risk based approach in addition to the work we do in design process modelling, and software
with 20 elements. engineering and operations support, architecture. Another 25 percent is in the
We really provide services to make including safety. more traditional engineering both Process
sure these elements can be followed. and multidisciplinary engineering.
For example, we do safety audits, Company’s performance in FY Remaining 25 percent is focuses on
management of change, pressure relief 2023-24? Growth that you safety and sustainability.
system adequacy checks, flare load foresee in FY 2024-25? We have a very active hiring process
www.indianchemicalnews.com INTERVIEW [169]

and anticipate 40-50 percent growth in

manpower. We expect to be adding 100 to
200 resources in India itself.

Ingenero has been perfecting

robust and reliable Machine
Learning models. How many of these
models you have perfected?

There are a lot of generic foundation

models and ML algorithms in the market
and a lot of people think that they can just
use them easily for various applications
but that is far from the truth. There is a lot
of specialized engineering that is required
to sustainably monetize these. Over time actually being able to deploy them. Some comprehensive Applied AI solution where
we have built a lot of modules which examples of modularized Apps we have we have actually deployed the technologies
require lesser specialized engineering successfully deployed are: and have been fairly unique. In terms of
even for more complex unit operations APCPro (Optimize underperforming competition, we have a subset of the end
like distillation columns, reactors APC controllers for improved performance to end Applied AI technology areas being
and furnaces. However, specialized and efficiency). addressed by a few companies, providing
engineering is still an important piece OptimaX (Dynamically identify best simulators hardware data platforms,
in any applied AI implementation in our operating condition and close Business Intelligence
industry. the gap). software, making this a
ActionX (Real time very confusing space for a
Any modules for enhancing identification of process lot of customers. We have
process manufacturing deviations and prescriptions fairly unique set of offerings
applications? to rectify). that ensures value generation and have
AgentX (GenAI based conversational taken a good lead with a lot of very good
Our digital twins don’t just update us application with the digital solution for applications.
on the current scenario but also have proactive interactions). In the design engineering space, there
the ability to go back into history and are a lot of engineering companies. So
run scenarios from the past. This is Partners for providing complete our claim to fame there is more strength
made available to people at the plant or AI based solutions? in process.
anywhere else. That's the beauty of the In process safety again, there are
Internet of Things (IoT) and ability to While some of the software solutions very few players in India and we have
remotely access. that we build by and large are proprietary a unique edge having been part of the
Today a lot of it is driven either through to us, we also have partnered with safety reviews and audits of almost every
dynamic dashboards or even voice Honeywell, AspenTech, IIT Bombay, refinery in the US over the last 15 years, in
activated chatbots. But over time, we are Gent University and others. Wherever one way or the other. We have tremendous
trying to evolve it into being like an agent necessary we partner with others as we experience and are now trying to combine
where the machine will go do searching, don't want to really reinvent the wheel it with digital solutions.
computations and present the possible in certain areas. But when providing On sustainability, we have been
solutions for the complications. proprietary solutions, we package it actively supporting clients with digital
We have done dynamic benchmarking around open algorithms. solutions to do the best they can with
for the entire facility, whether it's an existing assets. We have also been
individual asset or the entire plant, or How do you see competitive supporting decarbonization technology
even for the asset level, we have now landscape? companies with design engineering. We
specialised modules for optimizing the are also in the process of partnering with
control systems that are already there In Applied AI, there's a lot of noise some of the CSIR facilities and some
and improving asset health for furnaces, around the foundational models and of the institutes where some very good
distillation columns, compressors, pumps generic models. However, we are focused work is happening. We are trying to work
and heat exchangers. We have been fairly on value addition beyond these models jointly on a few of these technologies and
unique in being able to modularize it and and are very specialized. We provide a ultimately take these to our customers.n
Sustainability
Paving The Way For A Better Tomorrow
 [172] COLUMN www.indianchemicalnews.com

FROM WASTE TO WEALTH

As the chemical industry evolves, sustainability and circular economy principles will guide its
trajectory towards a greener and more resilient future

T
he Indian chemical industry stands at countries have drawn stringent regulations shift away from fossil fuels. Its active role
a pivotal juncture, poised to embrace that mandate global chemical companies in ammonia and methanol production could
sustainability and integrate circular to set ambitious targets such as net- prove to be a starting point in enabling the
economy principles into its operations. At zero emissions by 2050 and step into a decarbonization of the chemical industry.
the forefront of this transformation is the sustainability-focused ecosystem. By 2030, the cost of green hydrogen
need to mitigate the environmental impact As one of the key contributors to production is expected to decline by 60%
of chemical manufacturing processes. the country's economic growth, the from the current US$ 4–5.5 per kg. The main
Historically, the industry has been chemical sector holds immense potential factors behind this would be cost-effective
associated with high energy consumption, to drive innovation, foster environmental electrolyzer technologies, the decreasing
water usage and waste generation. To stewardship, and spearhead the transition cost of renewable electricity, and increasing
address these challenges, Indian chemical towards a greener future. However, achieving levels of utilization fuelled by centralization
companies are increasingly adopting sustainability goals in this industry requires of production, design optimization and a
cleaner production techniques, optimizing a concerted effort from all stakeholders, better mix of renewables.
resource utilization and investing in green including government, businesses and Several global chemical companies
technologies. Initiatives such as energy- consumers. have proactively committed to long-
efficient manufacturing processes, term reductions in Greenhouse Gases
water recycling systems and waste-to- Pivoting towards sustainability (GHG) emissions and eventual net-zero
energy projects are becoming integral to aspirations. Sixteen of the top 20 global
sustainable chemical production. The global market for green chemicals chemical companies have pledged to cut a
was estimated to be US$ percentage of their GHG emissions by 2030,
1.7 billion in 2022 and is and nine committed to achieve net-zero
anticipated to reach US$ carbon emissions by 2050. BASF has cut its
Key drivers of sustainability 3.3 billion by 2030 with a GHG emissions by almost 50 per cent over
in chemical industry CAGR of 8%-10%. Asia- the last three decades, despite doubling
Pacific is anticipated to be production volumes. It achieved this using
• Public perception of chemical companies the fastest growing market patented catalysts to lower carbon dioxide
• Government policies and sstringent regulations while Europe currently holds emissions and increase efficiency at its
• Improved capital market performance the maximum market share plants. In comparison, Indian chemical
• Higher valuations (return on capital invested) ~36%. China and India are companies are lagging. Only five of the top
• Technological advancements emerging as manufacturing 20 Indian chemical companies have set
• Competitive landscape and reconfigured ecosystems hubs of key market players GHG reduction targets until 2030, and none
and are expected to lead the have declared a target year to achieve net-
manufacturing of sustainable zero emissions.
chemicals. Europe and the The chemicals industry can improve its
As per International Energy Agency U.S. continue to focus on R&D related environmental, social and governance (ESG)
(IEA), the chemical industry is a significant activities for green chemicals and will lead performance overall, as demonstrated
producer of Scope 1 and Scope 2 emissions the way for a more sustainable ecosystem by several chemical companies. Defining
and plastic waste. The industry also of chemicals. Chemical companies are also an ESG strategy to embrace sustainable
consumes significant volumes of natural producing green specialty chemicals, bio- practices, implementing necessary changes
resources such as fossil fuels and coal, based chemicals, organic chemicals and in energy-intensive operations and using
which generates undesirable effluents other such chemicals as per their product enablers to execute said strategies could
and pollutes the environment if not treated stewardship strategy. help transform this dynamic industry into a
properly. With the ratification of the 2016 Green hydrogen will be yet another clean energy hub that serves as an example
Paris Agreement, the governments of many cornerstone of the chemical industry’s for the rest of the world.
www.indianchemicalnews.com COLUMN [173]

Key ingredients for circularity 100% FDI to boost investments, creation

of Petroleum, Chemical and Petrochemical
By promoting the reuse, recycling and Investment Regions (PCPIRs), PLI schemes
recovery of resources, companies can and the National Green Hydrogen Policy. The
minimize waste generation and maximize pace of the country’s energy transition in line
resource efficiency. Closed-loop systems, with the 2070 net zero announcement will
where by-products and waste streams are be exciting to witness. Industries will need
recycled or repurposed, offer promising to align themselves with the national agenda
avenues for reducing environmental on sustainability as they plan for further
footprint and conserving valuable resources. growth, and the chemical industry will play
Additionally, the implementation of extended a vital role in achieving this transition.
producer responsibility (EPR) frameworks The chemical players that will move
encourages chemical manufacturers to take faster on sustainability and find solutions
responsibility for the entire lifecycle of their will have a clear edge over others. These
products, from production to disposal. companies can actively leverage growth By 2030, the cost of green
Innovation plays a crucial role in opportunities than jeopardizing their hydrogen production is
driving sustainability within the operational licenses. To reach net
chemical industry. By leveraging zero, the chemical industry will
expected to decline by
advancements in biotechnology, need to innovate across all value- 60% from the current US$
nanotechnology and process chain segments. This means that 4–5.5 per kg.
optimization, the industry can companies will have to develop new
reduce its reliance on fossil fuels, processes that are either carbon Moreover, companies that explore digital
minimize toxic emissions and neutral or low carbon, which will technology solutions to increase resource
develop sustainable alternatives involve leveraging greener energy productivity will have the upper hand in
to conventional chemicals. Moreover, sources and sourcing sustainable raw the competitive market. Companies with
collaboration across the value chain is materials. ingrained sustainability principles have a
essential for fostering a circular economy in well-defined environment and health and
the chemical sector. Partnerships between Perks of adopting sustainability safety management policies that are aligned
manufacturers, suppliers, and consumers In a competitive capital market with with profit goals. Over that, the regulatory
can facilitate the exchange of resources, a constant demand for high returns, compliance ensures lower risk for any bad
promote closed-loop systems and drive sustainability is being perceived as a reputation.
innovation in product design and recycling differentiator. Therefore, companies
technologies. focusing on sustainability have a lower Way forward
cost of capital and better chance of being
Acting in tandem with policy shift prioritized by investors. The shift towards The Indian chemical industry has a unique
sustainability requires the adoption of opportunity to lead the transition towards
The chemical industry contributes circular business models, use of renewable sustainability and circularity. Players need
significantly to the nation’s GDP and is feedstocks, and reuse and recycling of end- to integrate sustainability values in their
anticipated to reach approximately US$ of-life products. long-term business strategies, business
304 billion in demand terms by 2025. Companies leveraging such policies and operational processes. This
Cognizant of the potential of the industry, opportunities will have considerable growth will shape and prepare them to address
the Government of India has taken multiple prospects and the option to re-position changing behavior and expectations of the
measures to promote the sector such as themselves in new business ecosystems. internal and external stakeholders, also
improve competition and profitability. By
embracing cleaner production methods,
promoting resource efficiency and fostering
Overcoming challenges collaboration across the value chain,
chemical companies can drive positive
• Despite the growing awareness, a few challenges persist on the path towards environmental and social impact while
sustainability and circularity in the Indian chemical industry. These include ensuring long-term economic viability.
technological barriers, financial constraints, and the need for cultural and As the industry evolves, sustainability
behavioral change. Overcoming these challenges requires a holistic approach that and circular economy principles will guide
integrates technological innovation, policy support, and stakeholder engagement. its trajectory towards a greener, more
resilient future.n
[174] COLUMN www.indianchemicalnews.com

SUSTAINABILITY:
BIOPLASTICS AND
BIODEGRADABLE PLASTICS
There are opportunities for both domestic and multinational manufacturers in India due to
significant demand from various end-user sectors

no textile fibres are recycled. Plastic

pollution is seen by one and all and several
legislative actions are in place. The first
approach involved production of plastics
Prof. (Dr.) G. D. Yadav with a high degree of degradability.
(Padma Shri) Why bioplastics?
Former Vice Chancellor
ICT Mumbai Since plastics are an integral part of
modern living and with the ever-increasing
awareness of the environment as well as
the health hazards of petroleum-derived
plastics, there is an emphasis on the
use of biomass derived alternatives. As
the name suggests bioplastic is a long-
lasting polymer made from renewable raw
materials that may be used in place of non-

W
e cannot live without plastics plastic waste of 6,300 MMT. In an ideal renewable petro-polymers.
having innumerable applications circular economy, plastics would be made Bioplastics are misunderstood by many
in every facet of life, right from from renewable or recycled resources as biodegradable. However, bioplastics
packaging, transportation, reliable (Fig. 1). However, the traditional life of consist of either biodegradable plastics
storage, clothing, sports, furniture, most plastic materials is linear. Of these, (i.e., plastics derived from fossil feedstock)
foams, pipes to industries. However, 78% plastic was discharged into landfills, or bio-based plastics (i.e., plastics derived
most conventional plastics such as 12% incinerated and only 9% recycled. from biomass or renewable carbon
polyethylene (PE), polypropylene (PP), Although recycling has increased since the resources). Biodegradable plastics can be
polystyrene (PS), poly (vinyl chloride) 1980s, the recycling of non-fibre plastic degraded by microorganisms present in
(PVC) and poly (ethylene terephthalate) remains stagnated at 18% and almost the environment by entering the microbial
(PET), are non-biodegradable, and their food chain. This property does not depend
cumulative buildup in the environment However, the traditional on the origin of the raw materials, which
has been a danger to the planet. To could be either fossil or biomass origin.
overcome all these problems, some steps
life of most plastic When plastics are used as substrates
have been undertaken. The post-1950 materials is linear. Of for microorganisms, evaluation of their
era has witnessed tremendous growth in these, 78% plastic was biodegradability should not only be based
plastic production because of a variety on their chemical structure, but also on
of reasons. In the year 2019 alone, the
discharged into landfills, their physical properties (melting point,
plastic production was 368 MMT which 12% incinerated and only glass transition temperature, crystallinity,
was estimated to reach 8,300 MMT 9% recycled storage modulus, etc.). Beside the covalent
between 1950 and 2015, with a total forces of polymer molecules, various
www.indianchemicalnews.com COLUMN [175]

Figure 1: Different types of plastics and their biodegradability

kinds of weak forces such as hydrogen due to new technologies and the emphasis Biodegradable polyurethanes
bond, van der Waals and coulombic on the net zero goal. According to Nature
forces, among macromolecular chains Reviews, the annual production of 100% When petroleum-based reserves are
affect not only the formation of polymer bioplastics is ~2 MMT in which about 2/3 exhausted, biobased polymers will take
aggregates, but also the structure and is biodegradable. If partial bio-based Pus over. Also biomass derived polymers
physical properties and function/reactivity and polyamide co-polymers are included to obtain vinyl monomers, carboxylic
of the polymer aggregates and thus the in these statistics, then it would be ~7.5 acids, alcohols, amides and rubbers will
degradability. MMT in 2018 which is predicted to reach come to the centre stage. For instance,
9.1 MMT in 2023 with market size of US$ polyurethanes (PUs) are one of the most
Feedstock for bioplastics 1.1 billion and 1.7 billion, respectively. widely used plastics, mainly in flexible
The bioplastic market is categorized and rigid foams, with global production
The universal feedstocks used to into three segments: by type, by of 18 MMT which uses the carcinogenic
produce bioplastics include corn, wheat, application, and by region. Based on type, isocyanate monomer. Instead of the
potato, maze, rice husk, palm, sugarcane, it is divided into biodegradable plastic unsafe and fossil-based route, PU can
etc. which are easily available in many and nonbiodegradable plastic. Based be produced from cyclin carbonates
countries across the globe. Compared with on application, the market is classified (produced from cycloaddition of epoxides)
fossil petro-plastics, bio-based plastics into flexible packaging, rigid packaging, and diamines derived from vegetable oils.
can have a lower carbon footprint and textiles, coating and adhesives, agriculture It should be noted that PU can be
show advantageous materials properties; and horticulture, consumer goods and synthesized by combining multiple
moreover, they can be compatible with others. Region wise, the market is divided biological materials. Except for turpentine,
current recycling streams and some into North America, Europe, Asia-Pacific, vegetable oil, cellulose, lignin, phenolic
offer biodegradation as an end of life South America, Middle East and Africa. and sugar, there are other bio-renewable
(EOL) option if performed in controlled Currently, bioplastics cost more than twice materials, like proteins and starches,
or predictable environments. The use the petro-plastics. As stated, before there etc. that have the characteristics of wide
of bioplastic has the potential to reduce is also a confusion about the bioplastics sources, low price, large output and no
carbon dioxide emissions by 30 to 70%. It which are derived from biomass, but it does pollution. PU obtained from vegetable
yields a 42% reduction in carbon footprints. not mean all are biodegradable (Figure 1). oils are hydrophobic. Consequently, by
Bioplastic production requires 65% less On the contrary, the comparison of fossil- adding proteins, sugars and other natural
energy than the usual petro-plastic. The derived and bio-derived plastics is given in hydrophilic compounds, hydrophilic
global bioplastics market is developing Figure 2. polymer materials can be obtained for
[176] COLUMN www.indianchemicalnews.com

Biorefinery
• Renewable resource extraction:
CO 2 capture first generation (edible plant sugars
and oils) or second generation Lignin Incineration
(non-edible lignocellulosic biomass) or upgrading
OH
Terpenes • Pretreatment, fermentation, O
purification, monomer liberation HO
OH and separation OH
O n
HO OH HO OH
Polysaccharides
Polyols and alcohols HO OH (starch, cellulose)
OH
O
OH O
HO
OH HO OH
HO OH
Fermentable sugars
OH
Bioethanol

Durable
OH

n n O
PE PP HO
OH
Ethylene Propylene O n

Polysaccharide-
HO O O based plastics
OH
HO O EG O O
n
O OH PET O
TA O
m
n
HO O HO OH O O O
O O O PHAs
O O O O n O
O
HMF FDCA PEF O
O O
O
O O n Lactide OH
R1 R2
PLA HO
O O N N O
C O
H H n O
N Succinic acid
Isocyanates PUs O
O
R HO
O OH
O n
R
PBS Butanediol
O O
n O
PCs O O
HO OH OH
BPA O O HO
O O
Cl n O n O
O m
Vinyl chloride
Cl Adipic acid
PVC PBAT
O
Degradable

n n O
OH
PVA Vinyl acetate
Styrene
PS

Traditional refinery
• Fossil resource extraction (oil and gas)
• Cracking, refining, monomer
synthesis and separation

Figure 2: Petro-plastics and bio-plastics (Source: Rosenboom et al. Nature Reviews- Materials, 7 (2022) 117-137)

medical materials and devices. Adding significance due to their biodegradability average for FDCA synthesis is $2,300/kg.
cellulose, lignin and other reinforcing (hydrolytic and enzymatic) and To make the process economically viable,
materials to vegetable oil-based polymers compostability, as a replacement for FDCA production cost should be below
can improve the mechanical and thermal petro-polymers due to their excellent $1,000/ton. The major processing costs
properties of the materials. The composite thermomechanical and barrier properties. are associated with the HMF formation
of different biological materials can not FDCA based homopolyesters faced stage and the long residence time for HMF
only obtain excellent PU materials, but also technological and commercial hurdles. oxidation. Replacing simple sugars with
obtain good environmental and economic Direct manufacture of FDCA from biomass food wastes could be a sustainable option
benefits, which should be advocated and is still limited to 5-hydroxymethyl furfural for HMF production from environmental and
applied. (HMF) which is in turn derived from economic perspectives. Starch from food
glucose, fructose, sucrose, high fructose waste such as bread wastes, cooked rice,
FDCA based biodegradable plastics corn syrup, jerusalem artichoke and starch pasta, noodles and cellulose-rich fruit peels
(Figure 3). The industrial production of can be used to synthesize HMF. However,
The synthesis of 2,5-furandicarboxylic FDCA has not attained its full potential due to the industrial production of FDCA based
acid (FDCA) based polymers is getting its low yield and high cost since the current homopolyesters is delayed due to several
www.indianchemicalnews.com COLUMN [177]

Figure 3: Synthesis of 5-HMF from sugars

factors including poor optical property, degrading microorganisms vary depending on Therefore, biodegradable plastics are
low ductility and slow crystallization rate. the environment, such as soil, sea, compost, viewed as a potential solution to plastic
In order to tune the properties of FDCA- activated sludge, etc. Generally, the adherence pollution because they are environmentally
based homopolyesters, FDCA has been of microorganisms on the surface of plastics friendly. Further, they can be derived
copolymerized with several aliphatic (adipic followed by the colonization of the exposed from renewables thereby reducing GHG
acid, succinic acid, lactic acid, sebacic acid, surface is the major mechanisms involved emissions. The much talked about
polyglycolic acid and polyethylene glycol) in the microbial degradation of plastics. polyhydroxyalkanoates (PHA) and lactic acid
and cyclic (caprolactam and isohexides) The enzymatic degradation of plastics by (raw materials for PLA) can be manufactured
comonomers (Figure 4). hydrolysis is a two-step process: first, the by fermentation using agricultural residues
enzyme binds to the polymer substrate then and microorganisms. Biodegradable plastics
Biodegradability versus plastic subsequently catalyzes a hydrolytic cleavage. offer a lot of advantages such as increased
chemical recycling Polymers are degraded into low molecular soil fertility, low accumulation of bulky plastic
weight oligomers, dimers and monomers and materials in the environment, and decrease in
Biodiversity and occurrence of polymer- finally mineralized to CO2 and H2O. the cost of waste management. Furthermore,

Figure 4: FDCA based homopolymers as bio-degradable bioplastic

[178] COLUMN www.indianchemicalnews.com

biodegradable plastics can be recycled goods production and end-of-life (EOL), plastics in all types provided the costs are
to useful metabolites (monomers and bioplastics were introduced as a viable similar; currently the bioplastics are 3-4
oligomers) by microorganisms and enzymes. substitute to petro-plastics. A variety times more expensive. The use of food
A second strategy involves degradation of of materials belong to the category of and lignocellulosic wastes as potential
some petro-plastics by biological processes. bioplastics, which largely differ from low-cost feedstock should be further
Some aliphatic polyesters such as PCL each other depending on the polymer developed. Also, photosynthetic algae
and PBS can be degraded with enzymes they are composed of, as well as in have shown remarkable carbon fixation
and microorganisms. Polycarbonates respect to the structural characteristics abilities in producing sugars for bacterial
(particularly the aliphatic types) possess that mainly affect their accumulation fermentation and subsequently used for
some degree of biodegradability. It is in the environment when dumped. the bioplastics production. Algae biomass
advisable to recycle non-biodegradable Mechanical, chemical, biochemical could also be blended with conventional
plastics though chemical recycling and recycling, biodegradation (composting) plastics to reduce the dependency of
all plastic waste can be converted into are some of the approaches to deal petroleum-based sources. Some of the
hydrocarbons using hydrogen and the nasty with bioplastic pollution. Instead algae species are found to accumulate
atoms like Cl, S, N are converted into HCl, of biodegradation, microbes and polyhydroxyalkanoates (PHA) which can
H2S and NH3 that can be absorbed by hydrolyzing enzymes can be employed be extracted for bioplastics production.
using well established technologies. For to depolymerize bio-plastics into Several nations and international
instance, polystyrene (used in making some monomers instead of producing carbon organizations are encouraging circular
disposable spoons, plates, cups, and some dioxide on complete biodegradation. plastic economy which is bolstered by
packaging materials) can be recycled and Moreover, a future challenge in the policies by UNIDO and G20 nations.
used as filler for other plastics or through the bioplastics market could be the It is vital not to overlook the technologies
solvolysis and hydrogenation. production of new blends of biopolymer of bioplastics disposal, their impact on
that are more easily biodegradable microplastic formation in the environment
Conclusion without losing the characteristics (such and aquatic life. Therefore, the life cycle
as mechanical strength or flexibility) that assessment of bioplastic is important
In order to circumvent the problems make the bioplastics attractive in the before bringing them into the industrial
associated with the production of plastic first place. Bioplastics will replace petro- sector.n
www.indianchemicalnews.com INTERVIEW [179]

CATERING TO WASTE TREATMENT

AND MANAGEMENT FOR
A SUSTAINABLE FUTURE
Creating a green environment by implementing innovative and cost effective solutions
through advanced technologies of waste management

treatment plants and water and wastewater

treatment plants. We also undertake the
use, sale, marketing and distribution of
all products and by-products that are
Ashok Panjwani generated during the treatment or disposal
of waste and waste products.
Executive Director - UPL
These products may include compost,
Director - BEIL, KEIL
energy, and refuse-derived fuel generated
SSWML, BRCPL, GECPL & NCTL
from waste-to-energy processes such
as bio-methanation, methane gas from
landfills, biogas, bio CNG, electronic
products suitable for re-use (with or
without refurbishing), paper, metals and
other materials, including chemicals
obtained from the treatment of wastes.

Turnkey solutions provided by BEIL Group's achievements in

solid, liquid and gaseous substances, as FY 2023-24 and what are your
BEIL Group with respect to well as municipal solid waste, electronic
environment protection which are plans for FY 2024-25?
waste (e-waste), batteries, solar plates,
innovative and cost-effective? used oil, paint waste, construction and During the Fiscal Year 2023-24, we
demolition debris, bio-medical waste, have accomplished an extraordinary
BEIL Infrastructure Ltd., formerly hazardous waste, sewage, wastewater, feat by setting a new record for the
known as Bharuch Enviro Infrastructure plastic waste, rubber waste and more. largest amount of landfill waste received.
Limited, is a leading company in the waste Additionally, our services extend to the Moreover, BEIL has triumphantly acquired
management industry. Headquartered operation and maintenance of common and dispatched the highest quantity of Co-
in Ankleshwar, a major chemical hub in effluent treatment plants, sewage Process waste to date. The remarkable
Gujarat, BEIL has operations in over four efforts of our Shivalik Solid Waste
states in India and a diverse range of ten We are excited to Management team have played a pivotal
waste management services. BEIL is role in achieving this unprecedented
committed to expanding its presence to
announce our upcoming milestone. Additionally, our esteemed
cover almost every state in the country. project of converting group company, Enviro Technology, has
BEIL’s core business areas encompass AgriWaste to bio-CNG, received a staggering number of tankers,
a wide range of activities. These include reaching a grand total of 55,630. Lastly,
the collection, segregation, transportation,
which is in its nascent Kerala Enviro Infrastructure Limited has
trading, processing, composting, stage and will take place reached an all-time peak in handling
recycling, treatment, and disposal of in FY 2024-25 bio-medical waste, showcasing our
various types of waste. This also includes commitment to excellence in waste
 [180] INTERVIEW www.indianchemicalnews.com

management.
At BEIL Group, our commitment
to sustainability drives us to focus on
developing green products. To further
this goal, we have devised a plan to
utilize solar panels on our completed
landfill, generating an impressive 2.5
MW of power. This initiative not only
helps us reduce our carbon footprint
but also contributes to a cleaner and
greener future.
In addition to our efforts in
renewable energy, our dedicated
project team is tirelessly working
on converting municipal solid
waste to bio-CNG. This ground-
breaking project is set to take place
at our Coimbatore facility, where
we process an impressive 500
MTPD of municipal solid waste. By
transforming waste into a valuable
resource, we are actively contributing
to a more sustainable and eco-
friendly society.
Furthermore, we are excited to
announce our upcoming project of
converting AgriWaste to bio-CNG,
which is in its nascent stage and
will take place in FY 24-25. This
innovative endeavour will not only
help us reduce agricultural waste but
also provide a renewable source of energy.
international standards and good by implementing innovative and cost-
By harnessing the power of nature, we are
engineering practices. How are these effective waste management solutions,
taking significant steps towards a greener
different from your competitors? utilizing advanced technologies. By doing
and more sustainable future. At BEIL & its Group, our vision is so, we contribute to the creation of a
to become a world-class hazardous green environment.
BEIL has acquired exceptional waste management company. We are
quality in building environmental committed to creating a clean, green, and What sets us apart from our
management projects confirming to healthy environment by offering reliable competitors are the following key
and cost-effective waste factors:
management solutions. Our
goal is to treat toxic/non- Customer's Delight: We prioritize
Our Unit Facilities toxic industrial, municipal, customer satisfaction and strive to exceed
bio-medical, plastic and their expectations.
• Landfill sites are managed by BEIL and Group e-waste, converting them Environment Friendly: Our practices
companies in Ankleshwar, Dahej, Shivalik, and Kochi into reusable materials are designed to minimize environmental
• Incineration facilities are established at Ankleshwar while minimizing waste for impact and promote sustainability.
and Dahej units for hazardous waste, and in Kochi for disposal in a scientifically Integrity: We uphold the highest
bio-medical waste safe engineered manner. ethical standards in all our operations,
• Municipal Solid Waste recycling plants are Our mission is to ensuring transparency and trust.
operational in Ahmedabad and Coimbatore protect and preserve Leadership: We are industry leaders,
• The group oversees numerous STPs and ETPs our natural resources, constantly pushing boundaries and setting
across India ensuring a sustainable new standards.
future. We achieve this Technical Excellence: Our team
www.indianchemicalnews.com INTERVIEW [181]

consists of experts who possess

exceptional technical skills and
knowledge.

What hazardous waste

management solutions are
provided by the Group?

BEIL and Group companies are

proud to operate multiple landfill
sites across Ankleshwar, Dahej,
Shivalik, and Kochi. These sites are
meticulously designed to ensure the
safe disposal of hazardous waste,
minimizing any potential risk of
environmental release.
Our commitment to environmental
stewardship is unwavering, and we
take great care in selecting locations
that pose no threat to surrounding
areas. In line with our dedication to
responsible waste management, we countries in waste generation. According the waste but also allows us to recover
are excited to announce the upcoming to The Energy and Resources Institute valuable resources from it. Through our
establishment of a new landfill site at (TERI), India produces over 62 million advanced processes, we are able to
Jhagadia. This new addition will further tons of waste annually. With a collection produce high-quality compost and RDF
strengthen our ability to protect the efficiency of 95.4%, the country collects (Reduced Derived Fuel), contributing to
environment and ensure the well-being of 152,749.5 TPD of the total 160,038.9 a more sustainable and environmentally
the communities we serve. TPD generated. Take advantage of this friendly waste management solution.
BEIL has successfully implemented growing market and invest in sustainable
and operated MEE plants at both waste management solutions today. Global and India market size of
Ankleshwar and Dahej Unit. These state- e-waste recycling solutions?
of-the-art industrial systems utilize BEIL Group operates two state-of- BEIL’s e-waste recycling solutions?
steam heat to efficiently evaporate the-art MSW processing facilities, one in
water from liquid solutions. Through a Ahmedabad with a capacity of 250 The e-waste management
series of vessels, each operating at a MTPD and another in Coimbatore market is a rapidly growing
progressively lower pressure, the steam with a capacity of 500 MTPD. Our industry, with the global market
generated in each stage effectively heats facilities are designed to efficiently expected to reach US$ 155.4
the subsequent stage. This innovative and scientifically dispose of billion by 2030. In India, the market
process not only ensures significant municipal solid waste, ensuring is also flourishing, with a projected
energy savings but also enhances overall that it undergoes a transformation value of US$ 5.1 billion by 2032.
efficiency. in its physical, chemical, and India's e-waste management
BEIL also offers Incinerator, Common biological properties. This transformation is in dire need of improvement, with
Operated Effluent Treatment Plant (CETP) not only makes it easier to dispose of a significant increase in e-waste
and Municipal Solid Waste (MSW) generation in recent years. The majority
services. The upcoming landfill site of e-waste is being mishandled by
small, undocumented shops, leading to
India’s market size of municipal at Jhagadia will further environmental hazards. However, with the
solid waste management strengthen our ability to current installed capacity only catering to
solutions? BEIL’s solution for protect the environment a quarter of the total e-waste generated,
municipal solid waste management? there is a pressing need for more efficient
and ensure the well-being recycling solutions. Frost & Sullivan's
The municipal solid waste management of the communities we projection of 11.5 million tonnes of
market is experiencing significant growth serve e-waste by 2025 highlights the urgency
globally, with India being one of the top 10 for better waste management practices.
[182] INTERVIEW www.indianchemicalnews.com

India's 400 registered e-waste

recyclers have the potential to
make a significant impact, with
an increased capacity of 1.07
million tons per annum as of
March 2021. BEIL’s state-of-the-
art e-waste plant across multiple
locations is revolutionizing waste
management.

Global and India market

size of common effluent
treatment plant solutions?
Brief us about common
effluent treatment plant
solutions provided by the
Group?

The worldwide market for

ecological wastewater treatment
reached a substantial US$ 16.7
billion in 2022. The Indian Water
and Wastewater Treatment annual growth rate (CAGR) of 7.39%, the processing of plastic waste at its
Market, on the other hand, was valued at it is projected to reach a staggering Ankleshwar Unit.
US$ 1.51 billion in 2022 and is expected US$83,299.5 million by 2032, starting
to experience a significant growth rate of from its current value of US$ 40,838.5 What sort of waste to energy
approximately 11.22% during the forecast million in 2022. Similarly, the global solutions provided by the Group?
period of 2023-28. recycled plastic market is expected to
BEIL operates a state-of-the-art experience significant expansion, with a An incinerator plant, also referred to
Common Effluent Treatment Plant (CETP) CAGR of 4.7% and a projected value of as a waste-to-energy (WTE) plant, serves
in Ankleshwar with a capacity of 2.2 US$ 67.1 billion by 2030, up from US$ as a furnace that incinerates hazardous
MLD. This facility efficiently collects, 46.5 billion in 2022. materials at elevated temperatures to
treats, and disposes of wastewater from India, in particular, is making great eliminate contaminants. Through the
various industrial sites, including small- strides in the recycled plastics market. combustion process, the heat produced
scale tanneries. Additionally, in Baddi, Valued at US$ 3,784 million in 2022, it is generates steam in boilers, which in turn
Himachal Pradesh, we have established expected to reach US$ 5,277 million by powers turbo generators to generate
a massive CETP with a capacity of 25 2028, with a CAGR of 5.6% from 2023 electricity.
MLD, catering to the needs of industrial to 2028, according to IMARC Group. Incinerators are primarily utilized
estates and MSMEs. With our expertise This growth showcases the country's for the treatment and eradication of
and commitment to environmental commitment to sustainable practices hazardous waste, while also having
sustainability, we ensure that industrial and highlights the potential for further the ability to recover certain energy or
wastewater and domestic sewage are development in the coming years. materials. When executed correctly,
effectively managed, contributing to a BEIL is making steady progress in incineration can significantly reduce the
cleaner and healthier ecosystem. volume of hazardous waste and eliminate
We are excited to its toxic organic components. It is capable
Global and India market size of of treating various forms of hazardous
plastic waste recycling
announce our upcoming materials, including liquids, gases,
solutions? Talk briefly about plastic project of converting sludge, and soil. However, metals such as
waste recycling solutions provided AgriWaste to bio-CNG, lead and chromium cannot be destroyed
by the Group? through incineration.
which is in its nascent The BEIL Group operates hazardous
In just a decade, the global plastic stage and will take place waste incineration facilities at Ankleshwar
recycling market is set to witness in FY 24-25 and Dahej units, as well as a facility in
remarkable growth. With a compound Kochi specifically for biomedical waste.
www.indianchemicalnews.com INTERVIEW [183]

These facilities are dedicated to ensuring One crucial component of water with a focus on three major initiatives:
the safe and efficient disposal of hazardous and wastewater management is the Women Empowerment Centre, Compost
waste, contributing to environmental sewage treatment plant. Also known as Site and Scholarship for Underprivileged
sustainability and public health. a wastewater treatment plant, it plays Children.
a vital role in collecting and treating The center is committed to training
Global and India market size of wastewater from homes and businesses. underprivileged women in tailoring skills,
waste water management By purifying the wastewater and making empowering them to earn a livelihood. By
solutions? Talk briefly about waste it safe to return to the water cycle, these securing contracts for uniform stitching
water management solutions plants contribute to public health and from schools and industries, the center
provided by the Group? environmental sustainability. ensures sustainable income for these
Sewage treatment plants are an women. Additionally, the center has
The global water and wastewater indispensable part of sanitation and contributed significantly by producing
treatment market witnessed remarkable water infrastructure. It is imperative masks for distribution to government and
growth in 2022, with a valuation of that governments, businesses, and private sectors.
US$ 301.7 billion. However, the future individuals recognize the significance BEIL has taken the initiative to adopt
prospects are even more promising as of sewage treatment plants and actively two villages, Jitali and Dahej, in Bharuch
it is projected to reach a staggering US$ support their growth. By doing so, we District. Through door-to-door collection
536.4 billion by 2030. This exponential can collectively contribute to the well- of household waste, the company

growth is a testament to the increasing being of our communities, protect the converts the waste into compost and
importance of water and wastewater environment, and pave the way for a establishes nurseries for community
management worldwide. sustainable future. development.
India's wastewater treatment market BEIL and Group build and operate BEIL allocates a substantial amount
was valued at US$ 5.141 billion in 2022 many STPs for the Government and World of funds towards providing scholarships
and is expected to grow at a CAGR of Bank. for economically disadvantaged students,
11.76% to reach a market size of US$ particularly in the field of engineering. By
11.199 billion by 2029. This highlights Major CSR initiatives being supporting their education and facilitating
the country's commitment to improving undertaken by BEIL Group? job placements, BEIL is actively
its water infrastructure and ensuring the contributing to the upliftment of these
well-being of its citizens. BEIL is dedicated to its CSR Projects, students.n
Petrochemicals
Unlocking New Growth Horizons
[186] COLUMN www.indianchemicalnews.com

CHARTING A NEW GROWTH

TRAJECTORY
The surging domestic demand serves as a primary driver for the growth of the petrochemical
industry in India TEAM ICN

T
he petrochemical industry stands polymers, favorable government policies, capacity expansion and modernization of
as a cornerstone of India's industrial and investments in infrastructure and facilities. New petrochemical complexes
landscape, serving as a catalyst for technology. and refineries are being set up to enhance
economic growth, innovation and job Given its significant import production capabilities and cater to diverse
creation. dependence, India could potentially need market requirements.
The industry is at a pivotal juncture, more than 15 world-scale petrochemicals
poised to capitalize on emerging assets by 2035 to meet domestic demand. Trends shaping the industry
opportunities while navigating challenges Presently, there are 11 naphtha or dual
in an evolving global landscape. One feed cracker complexes in operation with A notable paradigm shift is witnessed
of the defining features of the Indian combined ethylene capacity of about 7.05 in the industry's composition, with
petrochemical industry is its robust growth million tonnes per annum. In addition, there a discernible tilt towards specialty
trajectory, underpinned by a burgeoning are six aromatic complexes in operation chemicals. These chemicals, tailored for
domestic market fueled by demographic with a combined Xylene capacity of about specific applications, offer not only higher
shifts, urbanization, and rising consumer 5.5 million tonnes. Demand for plastics in margins but also a strategic avenue for
aspirations. India is expected to reach from 24 million industry players to carve out niches amidst
This domestic demand presents tonnes by FY 2022-23 to intensifying competition.
a compelling opportunity for industry 35 million tonnes by FY In an era marked by
stakeholders to expand production 2027-28. heightened environmental
capacities, enhance product portfolios, With India's rapid consciousness,
and cater to diverse market segments. urbanization, rising sustainability imperatives
India’s petrochemical sector is disposable incomes, are catalyzing
projected to grow at about 11 per cent per and expanding middle transformative changes
annum to reach US$ 100 billion in 2027, class, there has been within the petrochemical
and will continue to grow at a similar rate a surge in demand for landscape. From investing
to reach US$ 350 - $370 billion in 2040, petrochemical products in recycling technologies
as per a report by McKinsey & Company. such as polymers, synthetic fibers, and to curbing carbon footprints, industry
plastics. To meet the growing demand, stakeholders are embracing sustainability
Growth drivers major players have been investing in as a cornerstone of their operational ethos.
Seamless integration with refining
The petrochemical industry in India operations is emerging as a strategic
plays a pivotal role in the country's
With India's rapid imperative for petrochemical players.
economy, serving as a critical link in the urbanization, rising This synergy not only optimizes feedstock
manufacturing value chain and contributing disposable incomes and utilization but also fosters operational
significantly to industrial growth and efficiencies, propelling companies
employment generation. Petrochemicals
expanding middle class, towards enhanced competitiveness and
serve as building blocks for a wide range of there has been a surge in resilience. Embracing a technological
products across sectors such as plastics, demand for petrochemical renaissance, petrochemical companies
textiles, pharmaceuticals, automotive, and are harnessing the power of automation,
construction. Over the last one decade,
products such as artificial intelligence, and data analytics to
the Indian petrochemical industry has polymers, synthetic fibers drive operational excellence and product
witnessed robust growth, driven by various and plastics innovation. This relentless pursuit of
factors including increasing demand for technological prowess underscores the
www.indianchemicalnews.com COLUMN [187]

industry's commitment to staying ahead of

the curve. Demand for plastics in
Petrochemical parks are evolving as
epicenters of innovation and collaboration, India is expected to reach Upward trends
fostering a conducive ecosystem from 24 million tonnes in • Growing domestic demand
for industry players to thrive. These FY 2022-23 to 35 million • Expansion of production capacities
hubs, characterized by state-of-the-art • Government initiatives
infrastructure and regulatory support, tonnes by FY 2027-28 • Focus on value-added products
herald a new era of synergistic partnerships • Technological advancements
and technological advancements. As • Integration with downstream industries
India's petrochemical industry navigates Policy push
global currents, enhancing global
competitiveness emerges as a strategic At the heart of India's petrochemical and Fertilizers, Govt. of India has also
imperative. From bolstering product quality resurgence lies a conducive policy introduced several initiatives including the
to exploring export avenues, industry environment, meticulously crafted to Petroleum, Chemicals, and Petrochemicals
players are charting pathways to assert foster innovation, competitiveness, and Investment Regions (PCPIRs) policy, which
their presence in international markets, sustainability. Government initiatives aims to develop integrated petrochemical
amplifying India's footprint on the global such as "Make in India" and the hubs with state-of-the-art infrastructure
stage. National Petrochemical Policy serve as and favorable business environment.
Diversifying feedstock sources stands cornerstones, laying the groundwork for It is implementing a scheme to support
paramount in mitigating risks and bolstering industry players to thrive amidst dynamic setting up need based Plastic Parks, with
resilience. From exploring alternative market forces, promoting ease of doing requisite state-of-the-art infrastructure,
sources such as coal and biomass business serving as catalysts, attracting enabling common facilities through cluster
to optimizing natural gas utilization, investments and bolstering the industry's development approach, to consolidate the
industry stakeholders are spearheading a growth trajectory. capacities of the domestic downstream
diversification drive to fortify the industry's The Department Chemicals and plastic processing industry. The scheme
supply chain dynamics. Petrochemicals, Ministry of Chemicals aims to increase investment, production
[188] COLUMN www.indianchemicalnews.com

and export in the plastics sector. industry, necessitating a paradigm shift policy makers. With its high demand
Government policies incentivizing towards cleaner production processes, growth, India is projected to contribute to
strategic integration between refining resource efficiency, and circular economy more than 10 per cent of the incremental
and petrochemical operations optimize principles. global growth in petrochemicals over the
feedstock utilization and enhance Embracing technologies such as green next decade.
operational efficiencies. This symbiotic chemistry, carbon capture, and recycling With Indian petrochemical capacity
relationship not only strengthens the holds the key to reducing environmental projected to grow by more than 30 per
industry's value proposition but also footprint while enhancing long-term cent during the period of 2017–2025, the
bolsters energy security and import resilience and competitiveness. By players are increasingly focusing on the
substitution endeavors. investing in research and development, production of value-added and specialty
Policies facilitating collaboration leveraging digitalization, and fostering petrochemicals to capture higher margins
between academia and industry would collaboration across the value chain, Indian and cater to niche markets. The rapid
foster a culture of innovation, driving petrochemical companies can stay at the evolution of new crude-to-chemicals
technological breakthroughs and product forefront of technological advancement and technologies is further contributing to
diversification. At the same time, address evolving consumer preferences the oil and gas majors focusing more on
government initiatives facilitating market and regulatory requirements. petrochemicals.
access and trade facilitation play a pivotal As the petrochemical sector undergoes Petrochemical players will need
role in enhancing the industry's global digital transformation and automation, there to carefully assess market dynamics,
competitiveness. is a growing need for a skilled workforce capability requirements, business model
Bilateral trade agreements, export equipped with the requisite technical fit, competitive landscape, and potential
promotion schemes and diplomatic expertise and adaptive capabilities to drive disruptions before making strategic long-
endeavors open new avenues for Indian innovation and productivity. The industry term bets.
petrochemical products in international will have to pay attention to the nurturing Players focusing on commodity
markets, amplifying the industry's footprint of quality human resources. products will need to identify downstream
on the global stage. derivatives for their next wave of growth,
Outlook while ensuring healthy returns and
Overcoming challenges synergies from their existing asset base.
The petrochemical industry in India New entrants can enter one of the white
The volatility of feedstock prices is poised for continued growth and spaces in downstream petrochemicals
directly impacts production costs and profit expansion, driven by strong domestic products or expand into competitive
margins of the companies. Fluctuations demand, government support, segments with a better value proposition.
in crude oil prices, geopolitical tensions, technological advancements and global By leveraging these strengths and
and supply chain disruptions underscore competitiveness. embracing sustainable practices, Indian
the need for robust risk management The change is propelled by a significant petrochemical companies can navigate
strategies and proactive measures to expansion of its intermediates’ production challenges and capitalize on emerging
mitigate market uncertainties. Moreover, capacity, and growing focus on reducing opportunities, thereby contributing to the
environmental sustainability emerges as the sector's carbon and environmental country's economic development and
a pressing concern for the petrochemical footprint by both industry as well ad industrial progress.n
www.indianchemicalnews.com
[190] COLUMN www.indianchemicalnews.com

R&D: CATALYST FOR REFINERIES

GROWTH AND EFFICIENCY
Targeted solutions to produce sustainable fuels, reduce emissions, minimize waste
generation and facilitate sustainable practices

the ongoing stringent environmental

regulations and Net Zero initiatives by
industry, refineries must adopt cleaner
technologies. R&D efforts target solutions
Vipul Kumar that produce sustainable fuels, reduce
Maheshwari emissions, minimize waste generation
and facilitate sustainable practices.
Executive Director - R&D
HPCL Chemicals, additives & catalysts:
The heart of refining innovation

Among the various components of

R&D chemicals, additives & catalysts
stand out as core of the innovation for the
refining and petrochemical industry.
Refineries: Refineries use a wide
spectrum of catalysts for running various

I
n the oil refining industry, Research enhancing refining processes to maximize process units producing value added
and Development (R&D) stands as yields, minimize energy consumption products. There are different catalysts in
the cornerstone of progress, ushering and reduce environmental impact. This the refinery like FCC catalyst, additives,
in innovative technologies that elevate includes developing new generation hydro processing catalyst, and lube
efficiency, sustainability, and profitability catalysts, new technologies and process processing catalyst. In addition, refineries
within the industry. Refineries transform intensification solutions. use multiple chemicals to improve yields,
Black Gold (crude oil) into valuable Product diversification: Refineries reduce corrosion and reduce energy
products like gasoline, diesel, lubricating are diversifying their product portfolios consumption.
oils and petrochemicals. However, to to meet changing market demands and Petrochemicals: This industry uses
navigate evolving consumer demands, regulatory requirements. R&D plays a niche catalysts whose usage will produce
environmental regulations, and economic pivotal role in developing new technologies commodity petrochemicals and also high
pressures, refineries rely heavily on for producing value added products. value niche petrochemicals. R&Ds role
continuous advancements in R&D. Sustainable technologies: With in testing and developing these catalysts
play a very important role in value
Role of R&D in refineries HPGRDC has developed maximisation.

Refineries operate within a dynamic

breakthrough technologies HPCL R&D Centre
landscape, responding to global shifts in in the field of refining like
energy demand, environmental concerns, Hydrogen PSA, HiGas, HPCL has set-up its prestigious 'HP
and technological breakthroughs. Amidst Green R&D Centre' at Bengaluru, India
these challenges, R&D emerges as a
HP-DAK, Hp-Trijet, Crude in 2016 with an objective to develop
vital driver for growth and efficiency. Its to Chemicals and HP- innovative & path breaking technologies
primary objectives encompass: TDAE and products. The Centre has been set-
Process optimization: R&D focus on up in the eastern fringes of Bengaluru, the
www.indianchemicalnews.com COLUMN [191]

garden city of India, and is located 15 km hydrotreating along with FCC additives processing of UCO in hydrocrackers.
from ITPL/Whitefield. like BCA (Bottom Cracking Additive), HPCL has distinguished itself as the
HP Green R&D Centre (HPGRDC) is PMA (Propylene Maximisation Additive) first refining company to place an order
being built in phases in a campus of 104 etc. Besides catalyst, multiple refinery for an electrolyser to green its refinery
acres, comprising of 16 laboratories viz., chemicals like neutralising amines, filming operations. These comprehensive
FCC/RFCC, Hydro processing, Catalysis, amines, dewaxing aid, dewatering aid and efforts by HPCL are contributing to the
Bioprocesses, Crude Evaluation & Fuels fuel additives. HPCL refineries use all Viksit Bharat initiative of innovation,
Research, Analytical, Process Modelling the indigenously developed chemicals in sustainability, and economic growth in
& Simulation, Nano Technology, Mumbai and Visakh Refineries. the global refining and petrochemical
Petrochemicals & Polymers lab, Engine Proprietary equipment: HPGRDC has industries.
Testing lab, Tribology lab, Corrosion developed fixed bed reactor internals for
Studies lab, Novel Separations lab, hydrotreating units and also feed nozzles Future outlook: R&D as a
Residue Upgradation lab and Battery for FCC units. All the FCC units in HPCL competitive edge
Research lab. refineries are using HPGRDC designed
HPGRDC is recognized by the and fabricated feed nozzles. Looking ahead, R&D will remain a
Department of Scientific and Industrial Global technology centre: HPCL has cornerstone of refining competitiveness.
Research (DSIR) and has collaborations established a Global Technology Centre at Refineries that prioritize innovation and

with research institutes in India and HPGRDC to provide advanced technical invest in R&D capabilities will gain a
abroad. HPGRDC is focusing on the services to refineries with the strong competitive edge by:
following areas of refineries for catalysing back-up of technologies and catalyst • Embracing digitalization and analytics
its progress knowledge of HPGRDC. This centre will to optimize operations
• Indigenous technologies provide advanced technical services to • Exploring circular economy concepts
• Refinery chemicals & catalysts HPCL refineries. to minimize waste and maximize
• Proprietary equipment HPCL's commitment to sustainability resource utilization
• Global Technology Centre is further highlighted by its development • Collaborating with start-ups and
Indigenous technologies: HPGRDC of HCNG technology, a novel approach technology disruptors to harness
has developed breakthrough technologies that not only promises to make CNG green emerging trends like hydrogen fuel
in the field of refining like Hydrogen PSA but also enables the production of high- and carbon capture
(Pressure Swing Adsorption), HiGas end application carbon nanotubes without In conclusion, R&D is the catalyst
(Process Intensification), HP-DAK the use of water and completely free of that propels refineries toward growth,
(production of low aromatic solvents), Hp- CO2 emissions. sustainability, and resilience in a rapidly
Trijet (Sustainable Aviation Fuel), Crude to Additionally process intensified carbon evolving industry landscape. By fostering
Chemicals, HP-TDAE (Treated Distillate capture technology has been developed innovation, collaboration and strategic
Aromatic Extract) by HPCL and a blue hydrogen plant is investments, refineries can navigate
Refining chemicals & catalyst: being set up. In addition, HPGRDC is challenges and seize opportunities,
HPGRDC has successfully developed and implementing technologies for HP-Trijet ensuring a future of efficient, responsible
tested catalysts of FCC, Naphtha and diesel (Triglycerides to Jet Fuel) and also co- and profitable refining operations.n
[192] COLUMN www.indianchemicalnews.com

INDIAN PETROCHEMICALS: A
BRIGHT FUTURE AHEAD
India’s demand for petrochemicals across molecules is expected to grow faster
than the global average

to contribute to more than 10 per cent

of the incremental global growth in
petrochemicals over the next decade. And
given its significant import dependence,
Ajay Sardana India could potentially need more than
15 world-scale petrochemicals assets by
President & Head
2035 to meet domestic demand.
Petchem- Industry Affairs
Despite several factor including cost
RIL
issues being faced, taking advantage of
the China Plus One strategy adopted by
global players, some Indian petrochemical
producers are planning to ramp up
production levels in 2024 and beyond with
an eye on domestic demand and export
opportunities.
Last year saw, 1,250 KT of new PE
capacity being added and going further,

P
etrochemicals are a vital cog in consolidation activities, and a focus on domestic players are adding 7 MMT (PE),
the global industrial arena and a scenario-based planning. India is sitting 5.7 MMT (PP), 3.6 MMT (PVC) capacities
major growth driver for economies. in the cusp of per capita GDP as well as by 2028 to further augment the huge
The petrochemical industry occupies a per capital purchasing power and history capacities already existing in the country
pivotal place in the country’s economy, has shown that once past this inflexion and create employment.
with increased domestic consumption point, the growth and demand for basic India’s demand for petrochemicals
and rising demand from various end use petrochemicals is insatiable. The direction across molecules is expected to grow
sectors such as medicines, construction, in which Indian society is moving will faster than the global average. Net imports
agriculture, textiles, automotive, etc. imminently lead to requirement of new are about 10 per cent of demand, and the
demand for basic petrochemicals as well supply–demand gap is even more acute at
It is one of the fastest growing sectors, as sow the foundation for speciality and a product-grade level, with almost 100 per
with demand growing at a CAGR of 6% functional chemicals. cent import dependence in intermediates
plus over the last five years in 2023-24 India is fast emerging as a global such as styrene and acrylonitrile. While
(with a blip in 2020-21). The penetration hub for petrochemicals activity. With its a public sector company is investing in
level of petrochemicals in India is, however, high demand growth, India is projected setting up a green-field plant (by FY 27)
far lower than the global average. India’s for styrene which will help reduce the
per capita consumption stands at 12 kg India’s per capita imports coming into India, a private sector
compared to the global average of 35 kg, company is investing in putting up an
indicating significant headroom for growth. consumption stands at 12 acrylonitrile by FY 24 end.
The pandemic has brought about kg compared to the global With government focus on reducing
various changes in the Indian petrochemical average of 35 kg imports and promoting Atmanirbhar
market, including digitization, increased Bharat, QCOs, focusing on some key
www.indianchemicalnews.com COLUMN [193]

chemical products like Nitric Acid, Acetic companies like NTPC, Adani Enterprises,
Acid, Phenol and Aniline where India
Domestic players are JSW Energy, ReNew Power, Acme Solar,
doesn’t have domestic capacities and will adding 7 MMT (PE), 5.7 HPCL, Reliance Industries and IndianOil,
also be a good opportunity for domestic MMT (PP) and 3.6 MMT have made announcements for setting
players. up a cumulative annual green hydrogen
India is also emerging as a preferred
(PVC) capacities by 2028 manufacturing capacity of 3.5 MMT.
manufacturing hub for specialty chemicals Lastly, focus on energy, trade and
for domestic and export markets. Polyester consumption 2x by 2030 from investment, digital economy, health and
Approximately 20% of the total chemicals present 5 MMT to 9.5 MMT. environment will pave new opportunities
market in India, the specialty chemicals The focus on Sustainability will and growth areas for the Indian
sector has been playing a pivotal role in further drive demand for ‘Green’ energy petrochemical industry.
driving the chemicals industry’s growth. to decarbonize the existing and new The overall outlook for the
As per ICRA research report, India is capacities as well as create demand for petrochemical industry in India is more
having only around three per cent share in ‘Green’ chemicals and materials. positive than it was in 2023 as several
global specialty chemicals industry, which Mega transitions like Oil to Chemicals state-owned energy corporations have
it is poised to grow at a CAGR of 11 per (O2C) is likely to have profound impact made investments to boost petrochemical
cent till FY26. on the industry. O2C technology and feedstock availability and extend their
Further, annual GDP growth at ~7%- the transition towards green hydrogen presence in the downstream derivatives
8% would require sustained investment in offer significant potential to transform market. The focus of the industry is
the basic building blocks of commodities, the petrochemical industry and enable to plan capacity addition and meet the
polymers and chemicals, as well as new the pursuit of net-zero emissions. domestic as well as export demand. The
materials - 1 MMT new Ethylene capacity Petrochemical companies have a vital industry needs to be nurtured with the
every year, Polymer consumption 2x by role to play in advancing the adoption right policies and fiscal support from the
2030 from present 17 MMT to 35 MMT, of green energy. In fact, many of the government.n
[194] INTERVIEW www.indianchemicalnews.com

EXPANSION PROJECT TO
TREBLE CAPACITY FROM
3 MMTPA TO 9 MMTPA
Enhancement in refining capacity is expected to have a multi-pronged impact not only for
NRL but the entire industrial ecosystem

NRL and how has it changed over the

years?

The present refining capacity of

Bhaskar Jyoti Phukan NRL is 3 million tonnes per annum
(MMTPA) which is the design capacity
Managing Director since inception and commencement of
NRL commercial production in the year 2000.
However, the company has embarked on a
major expansion drive to treble its refining
capacity from 3 MMTPA to 9 MMTPA.
We are encouraged by the performance
of the refinery so far and are aiming at
crossing the design capacity of 3 MMTPA
and achieve 110% capacity utilisation this
year.

Numaligarh Refinery Limited of the FY 2023-24, the company bounced Latest development on NRL's
(NRL) registered the highest- back with resilience and the refinery was expansion? Total capacity post
ever PAT since its inception at Rs. able to record a crude throughput of 2,510 expansion and how is this going to
3,703 Crore in FY 2022-23. How has thousand metric tonne, equivalent to impact NRL’s overall performance?
the company performed in FY 2023- 100% capacity utilization for 10 months.
24? Annual Accounts closing is under The ongoing Numaligarh Refinery
progress and we are hopeful that the Expansion Project (NREP) to treble the
FY 2023-24 ended on a positive note financial performance will reflect the capacity from 3 MMTPA to 9 MMTPA has
for NRL in terms of physical and financial physical performance. achieved around 60 per cent progress on
performance. This is despite a setback in ground. Further, as part of the integrated
the form of a fire during the first quarter Current production capacity of refinery expansion plan, a 1,640 Km
of the FY 2023-24 while the refinery was crude oil pipeline is being laid from
getting back to operations after a planned Paradip to Numaligarh, the progress for
turnaround of about a month. Refinery The 2G bio-refinery is which is around 70 per cent on ground.
turnaround involves inspection and unique in the sense that The scheduled completion of NREP is
maintenance of all units of the refinery in a bamboo biomass is being December 2025 and we are mobilising
holistic manner to ensure its smooth and all our resources and moving ahead
efficient functioning and is carried out at used as a feedstock, aggressively to achieve the target as per
regular intervals of four years. which no one else in the set timelines.
Despite this unforeseen adversity and a world has ever tried Enhancement in refining capacity is
valuable quarter lost during the beginning expected to have a multi-pronged impact
www.indianchemicalnews.com INTERVIEW [195]

not only for NRL but the entire industrial What is the development of ensure the economics of the project.
ecosystem. With increased refining setting up a 2G bio-refinery? The Government of India has granted a
capacity, NRL will be able to contribute Viability Gap Funding (VGF) of around Rs.
in enhancing regional energy availability The 2G bio-refinery plant at Numaligarh 150 crore for the project.
apart from venturing for exports to which is designed to produce 49,000
neighbouring countries. It is expected to metric tonnes of bioethanol has already NRL has signed a pact with
boost economic growth in the region by been mechanically completed during the NTPC for a green chemicals
creating direct and indirect employment end of March 2024; with some residual project. Please share details?
opportunities as well as growth in ancillary jobs remaining. It is a pretty complex
industries. project and therefore would typically Banking on the experience gained
require 3 to 4 months for commissioning. by NRL so far, NTPC has signed a MoU
NRL has announced Capex of All out efforts are being undertaken to with our company for collaboration
Rs. 35,000 crore in the next 5 commission the plant quickly and safely and knowledge sharing in setting up a
years. Can you please elaborate on tentatively by mid July 2024. biorefinery like the one we are putting up in
this? The 2G bio-refinery is unique in the Numaligarh. The biorefinery will be put up
sense that bamboo biomass is being in Salakati, West Assam and a separate
Refinery project is almost 60% through used as a feedstock, which no one else catchment area for growing bamboo has
on ground while the Paradip Numaligarh in the world has ever tried. The North been identified.
Crude Oil pipeline has achieved a East of India has abundance of bamboo Biofuels have a great future ahead as
progress of 70%. Corresponding amount availability which is being tapped for the is manifest by the focus it has gained in
of capital expenditure in terms of financial purpose. The bio refinery would require recent years not only in the milieu of the
commitment has been made. These around 300,000 metric tonnes of dry Government of India, but globally. NTPC
form a major part of the Rs. 35,000 bamboo annually. In order to maintain can also explore the opportunity to utilise
crore investment which will continue unhindered supply, we have also carried the lignin from bamboo and feed it into
till the end of 2025. NRL is also putting out major tweaking in the whole supply their plant along with coal, to make their
up a Polypropylene unit of capacity 360 chain of bamboo. Our aggregation model electricity greener.
KPTA for which environmental clearance is about offsite chipping of the bamboo
is awaited. Once on board, another and a great deal of value addition will NRL and Inland Waterways
Rs. 7,000 crore would be apportioned happen at the village level. Authority of India (IWAI) has
from the above Rs. 35,000 crore capex Other than bioethanol, a chemical inked a pact for petroleum products
proposed. called furfural and acetic acid would be transportation. How is the progress
produced in the process, which would on this front?
[196] INTERVIEW www.indianchemicalnews.com

to hundreds of youths
from the region. Secondly,
we are the highest tax
payers in the North East
region and the Income Tax
Department has repeatedly
recognized the company on
this account. Thirdly, NRL
has been able to transform
the socio-economic status
of the region through its
social initiatives that are
undertaken under corporate
social responsibility.
Fourthly, we operate a
100 bedded multi-speciality
hospital called VK NRL
Hospital within our township
premises; that has been
Most of the over dimensional and plan to expand more overseas offices? able to deliver quality health care in the
overweight consignments for NREP have NRL has a pipeline named India region since the year 1998. The hospital
been transported to Numaligarh utilising Bangladesh Friendship pipeline running also conducts mobile medical camps,
waterways. Most of these equipment up to Parbatipur in Northern Bangladesh delivering healthcare to the doorsteps of
are being produced in Dahej in Gujarat from its terminal at Siliguri, West Bengal the community in 70 villages covering a
along the West Coast of India; then being for transportation of Diesel. We are also population of 80,000 rural residents within
transported through big vessels up to exporting Paraffin Wax to Bangladesh and a radius of 10 Km of the refinery. We have
Haldia to be trans-shipped onto river going have plans to export Polypropylene which also set up a VK School of Nursing that
barges that take NW2 via Bangladesh to has a good demand in Bangladesh, mainly provides quality Nursing Education to
reach Assam. to meet its packaging needs for cement girls from the region to make them self-
The consignments are finally offloaded and readymade garment industries. sufficient and capable of earning their own
at a location very close (about 10 Km) To expand our footprints and export livelihood.
from our refinery wherein a jetty has more products to Bangladesh, we thought
been constructed on the river Dhansiri, it prudent to open an office in Dhaka. We What are some of the major
a tributary of the mighty Brahmaputra. are also exploring markets in Nepal and challenges faced by NRL in its
However, in order to navigate this route, Myanmar and tap its potential for NRL operations?
we need waterways and adequate drafts products.
around the year. Operating expenses per barrel of crude
I take the opportunity to thank IWAI for How does NRL contribute to the oil for a 3 MMTPA refinery is very high
their support in facilitating the above due socio-economic development of since manpower and associated expenses
to which we have been able to transport the region? are almost at par for a refinery with higher
consignment of weight upto 1,500 tonnes capacity. We are hopeful to overcome
along this route. Moreover, the current There are three to four key the challenge when our 9 million tonnes
infrastructure will pave the way for future contributions of NRL towards socio- refinery is commissioned by the end of
transportation of materials as well as economic development of the region. the year 2025.
products through the river route that would Firstly, direct and indirect employment Also, in order to ensure long term
happen mostly downstream. NRL will growth and sustainability, we are planning
produce Polypropylene in the future while to put up a petrochemical complex for
solid sulphur is already being produced. NRL is also putting up producing Polypropylene, which is the
Eventually, the river route is expected to a Polypropylene unit of road ahead for all existing refineries. This
be utilised to transport a variety of refinery is expected to attract more and more
products, other than transporting petrol
capacity 360 KTPA for ancillary industries in the domain of
and diesel. which environmental chemicals, especially niche chemicals.
The company also opened its first clearance is awaited Also, considering Government of India’s
overseas office in Bangladesh. Is there any mandate of 1% blending of sustainable
www.indianchemicalnews.com INTERVIEW [197]

aviation fuels (SAF) to Aviation Turbine NRL plans to achieve net zero by hectares of deforested land and developed
Fuel ( ATF) by 2025 in line with global 2038. Can you discuss the steps three major nurseries for generating
sustainability standards, NRL is exploring taken by NRL to ensure the safety bamboo saplings in collaboration with the
the means to produce SAF. and environmental sustainability of Government of Assam. Another MoU with
We are tucked in one corner of the its operations? the Assam government for afforestation of
country and have a major challenge of 28 hectares is on the cards.
high transportation (freight) costs for our Our first and major initiative is the Going forward, we are planning
products. But fortunately over a period carbon neutral Bio Refinery in Numaligarh, to capture carbon dioxide which gets
of time, with phenomenal economic which is under commissioning. The only generated in the process; to reduce Scope
development, North East is witnessing carbon dioxide emissions that take place 1 emissions.
double digit growth in both diesel and are during the fermentation process; when To create pathways to meet our net
petrol demand, easing our logistic issues. glucose gets converted to ethanol. We are zero targets, we are in serious discussions
For example, when we first started planning to capture this carbon dioxide in with major players in the field.
marketing our products in the year 2000, liquid form.
the geographical range was 1,500 - 2,000 Another green initiative is putting up What role does NRL play in the
km for which we had to bear substantial a 2.4 KTPA green hydrogen plant; which global energy transition and
freight under recovery. Now, the product is expected to be commissioned by June shift towards cleaner and renewable
envelope has shrunk to almost around 2025. energy sources?
700 - 800 km and therefore our freight Several other technologies are being
economics have improved significantly. adopted to make the refinery fuel efficient As stated earlier, we have embarked
As we diversify into more products, and green. By reducing fuel consumption on a 2.4 KTPA green hydrogen plant
we are hopeful that we are able to meet for running the refinery, we aim to reduce project. For that purpose, we need
the growing demand for our products in greenhouse emissions. around 18 MW of electricity from round
the region. Also, we are focussing on We are also creating a huge carbon sink the clock green electricity sources.
export to our neighbouring countries like by afforestation of hectares and hectares We are exploring opportunities for
Bangladesh, Bhutan, Nepal and Myanmar of land in different districts of Assam. power purchase agreements for green
which are geographically closer. We have already acquired around 70 electricity.n
[198] INTERVIEW www.indianchemicalnews.com

AIMING TO INCREASE
PETROCHEMICAL INTENSITY
INDEX TO ABOUT 15%
BPCL has a Petrochemical Intensity Index of approximately 2.3 per cent which will increase
to 8 per cent by 2028

petrochemical growth in India.

Technology developments are
happening rapidly with focus on net zero
and circular economy. Considering all the
P. V. Ravitej above, it is anticipated that India will require
approximately 10-14 world scale crackers
Executive Director by 2040.
BPCL
Performance of Bharat Petroleum
Corporation Limited (BPCL)
refinery in FY 2023-24 and what is
your expectation from FY 2024-25?

BPCL refineries have recorded the

highest ever throughput of 39.93 MMTPA
during FY 2024 showing an increase of
3.63% YoY and the market sales has been a
Latest trends/opportunities in the Evolving geopolitical scenarios – shift record at 51.04 MMTPA, showing a growth
Indian and global petrochemicals from core manufacturing markets and of 4.33% YoY.
market? drive towards making supply-chains BPCL has successfully established itself
more resilient is expected to increase in niche petrochemicals namely Acrylic
India has one of the lowest consumption petrochemicals manufacturing in India. The Acid, Acrylates and Oxo Alcohols produced
rates in the world - ~0.3x of the world conducive government policies towards from Propylene Derivative Petrochemical
average (per capita of 12 kg versus 38 kg atmanirbhar Bharat, forward integration Plant (PDPP) plant at Kochi Refinery which
world average). Developed countries such and feedstock security are set to push were being imported into the country
as the US have per capita consumption thereby saving valuable foreign exchange.
of 93 kg whereas China is not far behind
with 83 kg. Countries in the development Petrochemical project BPCL has announced an
path are bound to increase per capita integrated with the investment of Rs. 1.4 lakh crore
consumption of petrochemicals. India is in petrochemicals and gas business.
one of the fastest growing major economies
refinery to the tune of What is the latest development?
with an upcoming middle class. approximately Rs. 55,000
Pressure on fossil fuel usage is expected crore is already under Petrochemical project integrated with
to account for around 30% of growth in oil the refinery to the tune of approximately
demand by 2030 and 50% by 2050 for
implementation stage Rs. 55,000 crore is already under
petchem and is expected to grow at a CAGR at our Bina and Kochi implementation stage at our Bina and Kochi
around 9-10% and take 10-12% of global refineries refineries.
market by 2040. BPCL intends to increase its refining
www.indianchemicalnews.com INTERVIEW [199]

capacity and also petrochemical intensity

further and activities for further expansion
and diversification are at various stages
of evaluation. We are also evaluating
expansion-cum- diversification to
petrochemicals at our Mumbai Refinery.
Projects for production of both niche and
bulk petrochemicals are being evaluated.

The company also announced Rs.

49,000 crore Capex for Bina
refinery expansion. How is this going
to impact BPCL’s overall refining
capacity, by products and its
positioning in India and global
petrochemical market?

With the implementation of the ongoing

project at Bina Refinery (BR), crude How BPCL is leveraging on Intensity Index of approximately 2.3 per cent
processing capacity will be increased by diversifying petrochemicals amid which will increase to 8 per cent by 2028.
3.2 MMTPA resulting in about 1 MMTPA changing global energy basket? BPCL is working on strategies to increase
of additional transportation fuels. The it to about 15 per cent in the near future.
petrochemicals production from the Ethylene As mentioned before, there is BPCL envisages synchronous growth in the
Cracker Unit, downstream polymer units definitely a huge potential for increasing petrochemicals market of the country.
and its associated facilities will be about 2.2 petrochemicals production in the country.
MMTPA, thereby increasing Petrochemical BPCL is well positioned to be a part of How would you address any
Intensity Index of Bina Refinery to 25 per the growth story. Towards satisfying this potential challenges or issues in
cent and BPCL to approximately 8 per cent. demand and also positioning BPCL and the industry that may impact the
Availability of additional transportation the country as a major manufacturing company's success?
fuels will help in increasing self-sufficiency hub for petrochemicals, BPCL is pursuing
of fuels in the north and north-east of India. various strategic options in the refining BPCL owns and operates three refineries,
Petrochemicals produced from Bina Refinery and petrochemical space. BPCL has set two at coastal locations and one in central
will easily find markets within the economic itself ambitious targets and has charted India. Each of the three refineries have their
zone of Bina Refinery. Products proposed a roadmap with the idea of “Nurturing the own uniqueness and versatility. The network
include certain polymer grades which have core and future big bets”, encompassing of pipelines and infrastructure enables
good demand and are being imported into the energy and petrochemicals scenario. products to reach each and every part of
the country. This project is expected to spur the country. As a result of BPCL’s innovative
the growth of downstream industries in and What is BPCL’s share in the Indian offerings, be it in the field of marketing or
around Bina. petrochemicals market today and in the field of producing speciality products
where do you see this 5 years down such as Drillol, niche petrochemicals,
BPCL has announced an the line? speciality lubes, dearomatized solvents and
investment of Rs. 5,044 crore in the list continues, BPCL is well positioned to
the PP plant at Kochi Refinery? Can Today, BPCL has a Petrochemical handle any challenges.
you please elaborate on this? We are working on various facets such
Activities have as improving energy efficiency, creep
Activities have commenced for setting expansion cum modernization, introduction
up a 400 KTPA PP unit at Kochi Refinery,
commenced for setting of speciality products, increasing
utilizing Polymer Grade Propylene available up a 400 KTPA PP unit at production of renewable energy and green
from the PFCCU of Kochi Refinery. We Kochi Refinery, utilizing hydrogen which will prepare BPCL for the
propose to utilize the PP produced from future and handle any challenges faced. The
Kochi Refinery to satisfy the demand
Polymer Grade Propylene experienced and dedicated staff of BPCL
in the Kochi economic zone. EIL has available from the PFCCU have contributed to the success of the
been appointed as Project Management of Kochi Refinery company and are well prepared to handle
Consultant (PMC) for this project. challenges faced in any field.n
[200] INTERVIEW www.indianchemicalnews.com

SET TO BECOME A FORMIDABLE

PLAYER IN THE PETROCHEMICALS
INDUSTRY IN INDIA
As on date, the total commitment made is Rs. 69,368 crore and a capital expenditure of
Rs. 45,479 crore has been made as of 31st March, 2024

Treatment Plant, Compressed Air and

Cryogenic Nitrogen Plant was achieved
during January-March 2024. The physical
progress for the other key process units
Saugata Chaudhuri CDU/VDU, DCU, PFCCU and VGO-HDT is
more than 90% and progress in all other
Head - Petrochemicals packages and units are being accelerated
HPCL with average daily manpower deployment
of 25,000 at the site.

Once completed, how is this

going to contribute to HPCL’s
overall positioning in the Indian
petrochemicals market? Can you
please share the break-up of
products such as HDPE, LLDPE, and
PP from this complex?
2024 Industry trends/challenges The construction of all process units of
in the petrochemicals sector? the ongoing 9 MMTPA integrated grassroot This plant will produce 2.41 MMTPA
refinery cum petrochemical project at petrochemicals products, out of which
Geo political conflict, trade protectionist Barmer, Rajasthan (HRRL) is in progress. approximately one MMTPA PE and one
policies, retarded macroeconomics, high As on date, the total commitment made is MMTPA PP and the rest Benzene, Toluene
inflation and supply glut are expected to Rs. 69,368 crore and a capital expenditure and Butadiene. With these products,
exert pressure on the global petrochemical of Rs. 45,479 crore has been made as HPCL will be a formidable player in the
industry. Capacity rationalization is of 31st March, 2024. The key process petrochemicals industry in India.
inevitable especially in Europe in near units viz. Diesel Hydrotreating (DHDT)
term due to poor and scale of economics. and Hydrogen Generation Unit (HGU) are Also, what will be the impact on
Energy transition, coupled with green under pre-commissioning. Mechanical HPCL’s overall revenue/
initiatives, sustainability and few others completion of Cooling Tower 1, Raw Water performance of this petrochemical
like CBAM (Carbon Border Adjustment complex post its commissioning?
Mechanism) will be key influencers on
future petrochemicals business. The integrated Post commissioning the
petrochemical project at petrochemicals complex, HPCL is
HPCL aims to commission expecting to have a significant jump in its
around 2.4 MMT integrated Pachpadra, Barmer will financials.
petrochemical project at Pachpadra, produce 2.41 MMTPA
Barmer in Q2, 2025. What is the petrochemicals products HPCL already launched brand
current status of the project? HP DuraPol in the pre-marketing
www.indianchemicalnews.com INTERVIEW [201]

phase. How has the response been

from the market? What is going to be
the future marketing strategy?

HPCL launched its Polymer brand HP

DuraPol last year. The response is good
from the market. HPCL has an extremely
good reputation in the fuel segment, with
the HP DuraPol brand, the same will be
further reinforced.

Innovation and technological

advancements are key drivers in
the petrochemicals industry. Could
you provide some examples of how
HPCL is embracing innovation for its
product portfolio?
33.5 MMTPA on its own and 11.3 were installed at 5,688 retail outlets
HP Green R&D Centre (HPGRDC) has MMTPA as a JV at HMEL. during January - March 2024 taking the
enhanced its capabilities for pioneering total number of retail outlets with solar
innovation and research and now our Apart from petrochemicals, power to 17,618 as of 31st March, 2024.
R&D ecosystem comprises 20 cutting- HPCL is also diversifying into Now, 80% of HPCL retail outlet network is
edge R&D laboratories at HPGRDC, biofuels, CGD, hydrogen value chain powered by renewable energy.
Bangalore. During the year, HPGRDC and EV. What is the latest
recorded the highest-ever yearly patent development on these fronts? What are the key CSR initiatives
applications of 104 (both domestic and planned by HPCL for FY 2024-
international) taking the total number HPRGEL, our wholly owned subsidiary 25?
of patent applications to 547. The year handling the renewable and green energy
also witnessed highest-ever 51 patents portfolio has commenced supplies HPCL has always strived to be a
(domestic & international) being granted of renewable energy from its newly model of excellence and a catalyst of
to HPGRDC taking the total number of commissioned 5 MW solar power project transformation in all its endeavours be it
patents to 210 as of 31st March, 2024. at Jhansi (Uttar Pradesh). The 6 MW solar business prosperity or its commitment to
project at Panipat (Haryana) has been society. It has always believed in creating
With the rising importance of mechanically completed and supplies are shared values and delivering happiness
the circular economy, what expected to commence shortly. through its various initiatives that have
steps is HPCL taking to promote Enhancing the footprints in CGD touched millions of lives.
recycling and reduce the business, HPCL won the bid for Sikkim Few key CSR activities are Project
environmental impact of its Geographical Area (GA) in PNGRB 12th ADAPT (providing inclusive education,
petrochemical products? Bidding Round. Our joint venture HPOIL state of art therapies and vocational
Gas Private Limited also bid successfully training to special children and young
HPCL started using 20% recycled for Nagaland GA in this round. As of 31st adults in an enabling and inclusive
material in its lube packaging which March 2024, HPCL along with its joint environment to help them realize their
will cement our position in the circular ventures is setting up a CGD network in potential), Project Agastya (to ignite
economy. 25 Geographical Areas spread across 14 and inculcate scientific spirit in the
states. Towards enhancing EV charging young minds by providing hands-on
What is the current refining stations, HPCL has signed an MoU with and practical science education among
capacity of HPCL? Tata Electric Mobility. This initiative is the new generation learners from less
expected to leverage Tata’s EV insights advantaged communities), Project Nanhi
Current capacity is 15.8 MMTPA on its and HPCL’s extensive fuel station network. Kali (the main objective of the project is
own and 11.3 MMTPA as a JV at HMEL. Electric Vehicle (EV) charging facilities to achieve gender equality through quality
were commissioned at 1,201 retail outlets education of girl children by supporting
Once all ongoing refinery during January - March 2024 taking retail the education of girls belonging to less
expansion projects are outlets with EV charging facility to 3,603 privileged primarily first-generation
completed, what will be the capacity? as of 31st March, 2024. Solar panels learners) and many more.n
[202] INTERVIEW www.indianchemicalnews.com

SETTING UP A 500 KTA PDH-PP

PLANT AT USAR, MAHARASHTRA
GAIL has 15 per cent share of India’s petrochemical market and the company seeks to
increase it further

Overview of GAIL's acquired the 1,250 KTA plant in Mangalore.

petrochemical division, All these indicate the importance of the
including its products, production petrochemical division for GAIL.
capacity, and market presence? How
important is the petrochemicals How has GAIL petrochemical
sector for GAIL? division performed in FY 2023-
24 and what is the expectation from
GAIL’s main petrochemical plant is FY 2024-25?
located at Pata, Uttar Pradesh which has
a production capacity of 810 KTA. It also GAIL sold 1,036 KTA of polymers
has marketing rights for the products of (787 KTA from Pata and 249 KTA from
Brahmaputra Cracker & Polymer Limited LLDPE-2 plant was achieved in January BCPL) last year. It is expected that both
which has a capacity of 280 KTA. The 2024. production and sales will increase this
Pata plant produced 7,81,508 MT polymer GAIL is also setting up a 500 KTA year.
in FY 2023-24. The highest ever daily PDH-PP plant at Usar, Maharashtra. A 60
polymer production of 1,575 MT from KTA PP unit is coming up at Pata. It also How does GAIL's petrochemical
division contribute to the overall
growth and profitability of the
company?

GAIL has 15 per cent share of India’s

petrochemical market and we seek to
increase it further. Growth drivers coupled
with capacity addition will result in growth
in top line as well as bottom line for GAIL.

Can you provide an update on

any recent or ongoing projects
undertaken by GAIL's petrochemical
division to expand its product
portfolio or production capacity?

GAIL is investing over Rs

13,000 crore for the PDH-
PP plant at Usar and 60
KTA PP unit is coming up
at Pata
www.indianchemicalnews.com INTERVIEW [203]

GAIL is investing over Rs. 13,000

crore for the PDH-PP plant at Usar and
60 KTA PP unit is coming up at Pata.
GAIL’s production capacity will expand
significantly when these plants come into
production.

What are the key growth

strategies or initiatives being
implemented by GAIL's petrochemical
division to stay competitive in the
industry?

GAIL will focus on future demand

drivers such as packaging industry,
e-commerce driving packaging,
automobile/construction Industry and
agriculture industry to grow its business
in the country. It will also seek to increase
its overseas presence.

GAIL last year acquired JBF

Petrochemicals Ltd. How is this
going to contribute to GAIL's overall embarked upon the journey of adoption GAIL is adopting latest technology and
petrochemicals performance? of Sustainable Factory GreenCo Rating. diversifying into new polymer types to
In last 3 years, seven GAIL sites have meet market requirements.
The acquisition of the plant, which achieved GreenCo Rating at different
has been renamed at GAIL Mangalore levels, including Pata which has achieved How does GAIL's petrochemical
Petrochemicals Limited, will enable Gold rating. division contribute to the
diversification of the company into PTA development of the local communities
(raw material for PET & Polyester). How does GAIL's petrochemical and promote corporate social
division adapt to changing responsibility?
GAIL also signed a Rs. 63,000 market trends and customer
crore deal to source preferences? GAIL undertakes various CSR
petrochemical feedstock from BPCL. initiatives in and around its production
What is the deal all about? The petrochemical division holds units to improve the lives of the local
regular customer meets and holds communities.
The agreement with BPCL will secure exhibitions to engage with its customers
availability of feedstock propane for the and gather their feedback to adapt to Can you discuss some of the
upcoming Usar plant for 15 years. GAIL changing market conditions. major challenges faced by
will procure 600 KTPA of Propane from GAIL's petrochemical division in its
BPCL’s LPG import facility at Uran. How GAIL’s petrochemical operations?
division is adopting innovation
What steps has GAIL's and technology for driving the growth One of the major challenges for the
petrochemical division taken to and success? petrochemicals sector in India, including
ensure the safety and environmental that of GAIL, is the country’s low per
sustainability of its operations? capita polymer consumption which is just
GAIL is adopting 14 kg as against the world average of 39
GAIL has set a target to achieve Net- latest technology and kg. However, we hope that with favourable
Zero (Scope 1 and Scope 2) status by policy and prices, this represents an
2040 while reducing Scope 1 and Scope
diversifying into new opportunity and the polymer demand
2 emissions by 100% and Scope 3 polymer types to meet of India may grow upto 9 per cent per
emissions by 35% (from the baseline year market requirements annum.n
of 2020-2021) by 2040. GAIL has also
Energy
Pioneering New Frontiers
[206] COLUMN www.indianchemicalnews.com

FUELING THE FUTURE

Hydrogen and compressed bio-gas are poised to play a transformative role in India’s journey
towards a sustainable energy future TEAM ICN

I
n recent years, India has emerged as a in transportation, has led to a surge in storage technologies such as compressed
global leader in renewable energy adoption, demand for this eco-friendly fuel. The share hydrogen and liquid organic hydrogen
with ambitious targets set to reduce carbon of natural gas in energy basket is 6.7% carriers (LOHCs) are also increasing to
emissions and combat climate change. The presently in India. The Government has set address challenges related to storage and
country is planning to achieve 500 GW of a target to raise the share of natural gas in transportation.
renewable energy capacity by 2030. As energy mix to 15% in 2030. Meanwhile, Hydrogen is being explored for a wide
of March, 2024, the installed renewable there has been 20% increase in natural gas range of applications across sectors such as
energy capacity has reportedly reached production from 28.7 billion cubic meters transportation, industry, power generation,
143.64 Gigawatt (GW) with the addition (BCM) in 2020-21 to 34.45 BCM in 2022- and heating. In addition to fuel cell vehicles,
of 18 GW in FY23. As India embarks on 23. hydrogen is being used as a feedstock
this transformative journey, the spotlight By reducing reliance on imported fossil in industries such as steel, fertilizer, and
is increasingly turning towards hydrogen fuels and promoting domestic production, chemical production to reduce carbon
and compressed gas to further bolster the India can enhance its energy resilience and emissions and enhance process efficiency.
nation's renewable energy portfolio. mitigate risks associated with fluctuating Power-to-gas (P2G) projects are being
Hydrogen, often touted as the fuel of the global oil prices. Moreover, the widespread developed to store excess renewable energy
future, presents a compelling case for India's adoption of CNG vehicles presents as hydrogen and inject it into the natural gas
energy landscape. With abundant renewable an opportunity for job creation, local grid or use it for power generation during
resources such as solar and wind power, manufacturing, and economic development, peak demand periods.
India possesses a significant advantage particularly in rural areas. However, At the same time, the advantages of CNG
in producing green hydrogen through realizing the full potential of hydrogen and extend beyond environmental considerations
electrolysis. By leveraging electrolyzers compressed gas in India's renewable energy to economic and energy security aspects. It
powered by renewable energy, the country transition requires concerted efforts from all is considered a cleaner-burning alternative
can generate hydrogen without carbon stakeholders. to gasoline or diesel, as it emits lower
emissions, offering a clean alternative to levels of carbon dioxide and air pollutants.
fossil fuels. Moreover, hydrogen holds Emerging trends It has lower cost as well as it is available
immense potential as a versatile energy in abundance. It offers similar performance
carrier, capable of powering industries, Efforts are underway to develop hydrogen to conventional fuels and has a well-
transportation, and even serving as a infrastructure, including production, storage, established infrastructure for production,
storage medium for excess renewable distribution, and refueling facilities. Pilot storage, and distribution.
energy. In keeping with the potential, India projects and demonstrations of hydrogen
aims to produce 5 million metric tonnes refueling stations for fuel cell vehicles are Addressing key challenges
of green hydrogen by 2030, with demand being conducted in select cities to showcase
surging to 25 million metric tonnes by 2050 the feasibility and scalability of hydrogen as a Despite the potential of hydrogen, cost
for transport, steel and ammonia production. transportation fuel. Investments in hydrogen competitiveness remains a key challenge
Compressed natural gas (CNG) is for widespread adoption. Efforts are being
another renewable energy solution that made to reduce the cost of hydrogen
has gained prominence in India's energy
There has been 20% production through technological innovation,
transition. As a cleaner and more sustainable increase in natural gas economies of scale, and optimization of
alternative to conventional fuels, CNG offers production from 28.7 supply chains. Research initiatives aimed at
significant environmental benefits, including developing low-cost electrolyzers, efficient
reduced greenhouse gas emissions and billion cubic meters (BCM) hydrogen storage solutions, and advanced
air pollution. India's expanding network of in 2020-21 to 34.45 BCM fuel cell technologies are underway to drive
CNG infrastructure, coupled with supportive in 2022-23 down costs and improve scalability.
government policies promoting its adoption As the hydrogen ecosystem expands,
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there is a growing need for skilled across sectors such as

professionals with expertise in hydrogen transportation, industry, and
production, storage, utilization, and safety. power generation. The Union
Training programs, workshops, and Cabinet approved the National
academic courses focused on hydrogen Green Hydrogen Mission with
technologies are being offered to build a total initial outlay of Rs.
a talent pool capable of supporting the 19,744 crore, including an
growth of the hydrogen industry in India. outlay of Rs. 17,490 crore for
Collaboration between academia, industry, the SIGHT programme, Rs.
and government agencies is essential to 1,466 crore for pilot projects,
develop a skilled workforce and foster Rs. 400 crore for R&D and
innovation in the hydrogen sector. Rs. 388 crore towards other
The construction of CNG refueling mission components. The of natural gas. Academic institutions are
stations is capital-intensive, limiting its government's support through policy involved in these projects to leverage their
accessibility in certain regions. The range incentives, research funding, and public- knowledge in frontier areas.
of CNG-powered vehicles is generally private partnerships underscores its
lower than that of conventional vehicles, determination to integrate hydrogen into Way forward
necessitating more frequent refueling. the energy mix effectively. Furthermore,
Moreover, although CNG emits fewer collaborations with international partners and Investments in infrastructure
pollutants compared to gasoline or diesel, it investment in R&D are vital steps towards development, technology innovation, and
is still a fossil fuel and contributes to carbon
fostering a robust hydrogen ecosystem in skill enhancement are crucial to overcoming
emissions. the country. existing challenges and accelerating
Renewable fuels offer a sustainable Government has also been investing in deployment. Additionally, regulatory
energy future, but challenges such as expanding CNG infrastructure to promote frameworks must be adapted to facilitate
infrastructure, cost, and technology must cleaner transportation fuels. With an the integration of these technologies into
be overcome. Governments, businesses, emphasis on reducing vehicular emissions the existing energy ecosystem, ensuring
and researchers must collaborate to create and dependence on imported fossil seamless transition and scalability.
a favorable environment for alternative fuels, the government is incentivizing the Moreover, public awareness and stakeholder
fuel adoption through supportive policies, adoption of CNG vehicles engagement play a pivotal
partnerships, and integration with renewable and establishing refueling role in driving acceptance
energy. Consumer awareness and stations across urban and adoption of renewable
acceptance must also be enhanced. centers and transportation energy solutions like
corridors. hydrogen and compressed
Government support The Ministry of Petroleum & Natural Gas gas. Educational campaigns highlighting
(MoPNG) is undertaking few initiatives with the environmental benefits, cost savings,
India's commitment to hydrogen is respect to the greater use of hydrogen in the and long-term sustainability of these
energy mix. The first pilot is technologies can empower individuals and
based on Grey Hydrogen, businesses to make informed choices,
where hydrogen is blended further catalyzing the transition towards a
Indian hydrogen ecosystem with compressed natural gas cleaner and greener future.
is evolving rapidly (CNG) to the extent of 18%,
for use as transportation fuel
India stands at a critical juncture in its
journey towards a sustainable energy future,
• Government-Led Initiatives at Rajghat Bus depot. with hydrogen and compressed gas poised
• Hydrogen Production from Renewable Sources The Ministry has planned to play a transformative role. By harnessing
• Hydrogen Infrastructure Development five more pilot projects based the power of these innovative technologies
• Public Private Partnerships on R&D on green hydrogen. It has and leveraging its vast renewable resources,
• Focus on Cost Reduction and Scalability also created a Hydrogen India can not only meet its energy needs
• Skill Development and Capacity Building Corpus Fund that participates but also emerge as a global leader in
in funding R&D projects the fight against climate change. With
which are led by the oil strategic investments, policy support, and
evident through various initiatives, including industry. Among the projects currently being collaborative efforts, India can unlock the
the National Hydrogen Mission, aimed funded are for finding Multiple Pathways full potential of renewable energy, paving
promoting research, development, and for production of hydrogen; H-CNG; and the way for a cleaner, greener, and more
deployment of hydrogen technologies hydrogen production through decomposition prosperous tomorrow.n
[208] COLUMN www.indianchemicalnews.com

SHAPING THE FUTURE OF

INDIA'S HYDROGEN ECOSYSTEM
India's hydrogen ecosystem faces several challenges that need to be addressed for its
widespread adoption and commercialization

at scale.
Biomass, as a renewable energy
source, plays a crucial role in the hydrogen
ecosystem by serving as a feedstock for
Sturle Pedersen hydrogen production through biomass
gasification and reforming processes. India's
Chairman abundant agricultural residues, forestry
Greenstat Hydrogen India waste and organic biomass offer ample
opportunities for biomass-based hydrogen
production. Bioenergy has gained particular
importance and is poised to play a pivotal
role in significantly contributing to the energy
mix.
The transportation sector is emerging as
a key driver of hydrogen demand in India,
with a focus on fuel cell electric vehicles
(FCEVs). Hydrogen fuel cell vehicles offer

A
s the world transitions towards a various sectors. Under the NGHM, several an attractive alternative to conventional
sustainable energy future, hydrogen pilot projects and demonstration plants internal combustion engines, providing zero-
is emerging as a key player in India's for green hydrogen production through emission mobility with fast refuelling times
energy landscape. With ambitious goals of electrolysis are underway, tapping into and long driving ranges. The government's
achieving net-zero emissions by 2070 or India's abundant renewable energy potential. Faster Adoption and Manufacturing of Electric
earlier, India is strategically positioning itself to India is exploring other hydrogen Vehicles (FAME) scheme includes provisions
leverage its vast renewable energy resources production pathways such as blue hydrogen for promoting FCEVs and establishing
and foster a resilient hydrogen ecosystem. from natural gas with carbon capture hydrogen refuelling infrastructure.
I like this article to provide an overview of and storage (CCS) and grey hydrogen Investments in hydrogen-powered vehicles
some of the current development, emerging from fossil fuels with carbon capture and and refuelling stations are accelerating,
trends, and challenges in India's hydrogen utilization (CCU). These pathways are by laying the groundwork for a hydrogen-based
ecosystem, while highlighting its critical many expected to play a transitional role until transportation ecosystem. As the demand
role in achieving net-zero targets, fostering green hydrogen becomes cost-competitive for clean transportation solutions continues
economic growth and driving regional to rise, the manufacturing, distribution, and
energy transformation. servicing of hydrogen fuel cell vehicles are
India's hydrogen ecosystem is
Decentralized hydrogen expected to generate significant economic
witnessing significant momentum driven production and activity and employment opportunities.
by a combination of government initiatives, distribution models Several emerging trends are shaping
private sector investments and technological the future of India's hydrogen ecosystem.
advancements. The National Green Hydrogen
offer resilience against One trend is the increasing collaboration
Mission (NGHM) launched by the government disruptions in centralized between public and private stakeholders to
aims to promote hydrogen production, energy systems drive innovation, scale up deployment and
storage, distribution and utilization across address key challenges in the hydrogen
www.indianchemicalnews.com COLUMN [209]

value chain. electrolyzers and hydrogen refuelling chain disruptions. By diversifying energy
Government agencies, research stations are being deployed in remote and sources and increasing local production
institutions, industry players and off-grid areas, enabling access to clean capacity, communities can enhance their
international partners are coming together energy solutions and promoting energy self- energy security and autonomy. These
to foster technological advancements and sufficiency. These decentralized models hold models contribute to sustainability goals
policy support. Greenstat Hydrogen India the promise of expanding access to clean by facilitating the integration of renewable
has together with key partners dedicated energy solutions in areas where traditional energy sources, such as solar and wind, into
significant efforts to establish several Centers energy infrastructure may be lacking or the hydrogen production process.
of Excellence in Hydrogen and Process unreliable. By generating hydrogen locally Decentralized hydrogen production
Safety (COH-H). These centers aim to share through electrolysis, communities can and distribution represents a promising
and foster technological advancements, reduce dependence on centralized energy avenue for expanding access to clean
expertise and experience gained from pilot sources and mitigate the risks and cost energy, promoting energy self-sufficiency,
and R&D projects. In the face of the global associated with long-distance transportation and advancing sustainability objectives. As
climate challenge, it becomes imperative to of hydrogen. technology continues to evolve and costs
seek and implement solutions on a global Decentralized hydrogen production decrease, decentralized models are expected
scale, necessitating collaboration among and distribution models offer resilience to play an increasingly significant role in
nations, organizations and individuals against disruptions in centralized energy the GH2 landscape, driving innovation and
worldwide. systems, such as power outages or supply enabling widespread adoption of hydrogen
This challenge transcends borders as a clean energy solution.
and affects every corner of the planet, Despite the promising developments,
underscoring the need for collective action One trend is the increasing India's hydrogen ecosystem faces several
and cooperation. I believe that by coming collaboration between challenges that need to be addressed for its
together and pooling our resources, widespread adoption and commercialization.
expertise, and innovative ideas, we can
public and private One challenge is the high cost of green
develop comprehensive strategies to stakeholders to drive hydrogen production compared to
mitigate the impacts of climate change and innovation, scale up conventional hydrogen pathways. Achieving
much faster speed up the transition to an cost parity with fossil fuels requires
Hydrogen Ecosystem.
deployment and address technological advancements, economies of
Another mega trend is the focus key challenges in the scale, and supportive policies and incentives.
on decentralized hydrogen production hydrogen value chain Infrastructure development is another
and distribution models. Small-scale challenge, particularly the establishment
[210] COLUMN www.indianchemicalnews.com

of hydrogen refuelling stations and Moreover, the development of hydrogen countries to develop regional hydrogen
transportation networks. The limited infrastructure, including production facilities, markets, infrastructure, and supply chains.
availability of refuelling infrastructure poses storage solutions, and distribution networks, Initiatives such as the International Solar
a barrier to the widespread adoption of will require substantial investment and skilled Alliance (ISA) and the Hydrogen Initiative
hydrogen-powered vehicles and other labor, leading to job creation in construction, under the Coalition for Disaster Resilient
applications. engineering, and maintenance services. Infrastructure (CDRI) provide platforms for
The hydrogen ecosystem holds the The deployment of hydrogen technologies collaboration and knowledge exchange,
key to achieving India's net-zero emissions positioning India as a driving force for
targets by 2070 or earlier. By transitioning regional energy transformation.
to green hydrogen and decarbonizing key The transportation sector To summarize, India's hydrogen
sectors such as transportation, industry, is emerging as a key driver ecosystem is poised for growth and
and power generation, India can significantly transformation, driven by a strong leadership
reduce its carbon footprint and contribute to of hydrogen demand in and its commitment to sustainability,
global efforts to mitigate climate change. India technological innovation and economic
The development of the hydrogen development. By overcoming challenges,
economy presents immense opportunities fostering strong international collaboration,
for economic growth and job creation. in various sectors will also stimulate and leveraging its renewable energy
Investments in hydrogen infrastructure, research and development activities, resources, India can emerge as a key
manufacturing, and R&D will create new driving innovation and creating high-skilled global leader in the hydrogen economy.
employment opportunities and stimulate employment opportunities in the fields of The transition to a hydrogen-based energy
economic activity across various sectors. science, engineering, and technology. system will not only enable India to achieve
Additionally, India's position as a hub for India's leadership in the hydrogen its net-zero targets but also stimulate
renewable energy resources provides a ecosystem can also catalyze regional energy economic growth, create new jobs and drive
competitive advantage in the global hydrogen transformation in South Asia. By sharing regional energy transformation, positioning
market, attracting investments and driving expertise, technology, and best practices, India as a key player in shaping the future
innovation. India can collaborate with neighboring of energy.n
[212] COLUMN www.indianchemicalnews.com

V.O. CHIDAMBARANAR PORT'S

GREEN HYDROGEN INITIATIVES
VOC Port has already initiated a proposal to establish a 5 MLD desalination plant

harness hydrogen's potential in various

industrial sectors.
Endowed with a prime location
Susanta Kumar along international maritime routes and
bolstered by seamless connectivity to
Purohit hinterland industries via robust road
Chairperson and rail networks, V.O. Chidambaranar
VOC Port Port emerges as an ideal enclave for the
Tuticorin production, storage, and distribution of
green hydrogen, ammonia, and methanol.
The biggest challenge in becoming a
green hydrogen hub is the availability of
water. To overcome this, VOC Port has
already initiated a proposal to establish
a 5 MLD desalination plant, with several
firms expressing keen interest in setting
up the facilities within the port area.

S
trategically nestled along India's fossil fuels and reduce carbon emissions. The renewable power required for
South Eastern coast, V.O. In a bid to catalyze India's prominence manufacturing of green hydrogen shall be
Chidambaranar Port Authority, in the global green hydrogen arena, arranged by the concerned agency through
Tuticorin, an autonomous entity under the the Ministry of Shipping and Ports has the National grid.
Ministry of Ports, Shipping & Waterways identified three major ports viz., Kandla, Green hydrogen can serve as a clean fuel
(MOPSW), Government of India, stands Paradip, and V.O. Chidambaranar Port, for port crafts, including tugboats, ferries,
as one of the nation's most rapidly as nodal ports for developing hydrogen and other maritime vehicles. Hydrogen fuel
burgeoning major ports. The Port has hubs, capable of handling, storage, and cells can power cargo handling equipment
handled a record traffic of 41.40 million production of green hydrogen. such as forklifts, cranes and trucks within
tonnes during the last financial year. The Ministry of New & Renewable the port, reducing emission. Hydrogen fuel
In a resolute endeavour to bolster Energy (MNRE), has also recognized V.O. cells can provide reliable backup power
renewable energy adoption, the Ministry Chidambaranar Port, as the nodal port in for critical port infrastructure, ensuring
for Ports, Shipping, and Waterways is the East Coast of India for green hydrogen uninterrupted operations.
steadfastly propelling major ports of India projects. This strategic initiative aligns Moreover, an indigenously developed
towards a 60% share of renewable energy with the objectives outlined in the National hydrogen fuel cell ferry built by Cochin
in total power consumption, targeting Green Hydrogen Mission, which seeks to Shipyard Limited was launched by our
a commendable reduction in carbon Hon’ble Prime Minister at VOC Port,
emissions by 2030. Tuticorin on February 28, 2024. This
Green hydrogen is produced by the Green hydrogen can serve zero-emission, zero-noise vessel is a
process of electrolysis where water is split as a clean fuel for port revolutionary step towards India becoming
into hydrogen and oxygen using electricity a hydrogen fuel vessel manufacturer.
generated from renewable sources like
crafts, including tugboats, The Shipping Corporation of India (SCI)
solar, wind, or hydropower. This process ferries and other maritime also has plans to convert its existing two
results in a clean and emission-free fuel vehicles ships to run on green hydrogen and it
that has immense potential to replace has been targeted to convert at least 50
www.indianchemicalnews.com COLUMN [213]

per cent of all tugs of the major ports in pilot plant in the port area. The renewable
V.O. Chidambaranar India into green tugs by 2030. Green energy required to produce green
Port has embarked on a hydrogen can also replace fossil fuels in hydrogen shall be made available from the
refining, fertilizer production, iron and steel port’s existing 5 MW solar power plant/2
mission to set up a green manufacturing, chemical production. MW wind turbine generator. To execute the
hydrogen pilot plant in the Embracing the ethos of Viksit Bharat, project, a proposal seeking budgetary offer
port area V.O. Chidambaranar Port has embarked is being invited from the prospective firms.
on a mission to set up a green hydrogen The above initiative is being undertaken
to instil investor confidence in
executing the green hydrogen
plant in the port area.
For development of green
hydrogen and its derivatives
in the port lands, MoU’s have
been exchanged with ACME,
NTPC Green Energy Limited,
ReNew Power, EG Solwin
Hybrid Private Limited and
Green Infra Renewable Energy
Farms Private Limited.
With a steadfast
commitment to sustainability
and innovation, V.O.
Chidambaranar Port is
emerging as a pioneer in India's
quest for green hydrogen.
Through strategic partnerships,
pioneering initiatives, and a
proactive approach, the port is
poised to redefine the maritime
landscape, heralding a new era
of clean energy prosperity. n
[214] COLUMN www.indianchemicalnews.com

HYDROGEN: MAKING INDIA

SELF RELIANT
India is investing in large-scale green hydrogen projects and forming strategic partnerships
with global leaders in hydrogen technology

National Green Hydrogen Mission

India’s National Green Hydrogen

Alok Sharma Mission is a strategic initiative aimed
at positioning the country as a global
Director (R&D) and Board Member hub for green hydrogen production
IOCL and export. Launched by the Indian
government, this mission underscores
the country’s commitment to reducing
its carbon footprint and achieving energy
independence. The mission includes
various policy measures and financial
incentives to promote the adoption of
green hydrogen across different sectors,
including transportation, industry, and
energy storage. Key components of the

I
ndia’s journey towards energy This competitiveness is attributed mission involve the establishment of
self-reliance is being significantly to technological advancements and green hydrogen production facilities,
bolstered by the potential of hydrogen economies of scale, which are projected the development of a robust hydrogen
as a sustainable energy source. The to reduce the cost of green hydrogen infrastructure, and fostering research and
hydrogen market outlook is promising, production significantly. development in hydrogen technologies.
with key insights from industry experts Green hydrogen, produced through The government has outlined specific
and strategic national missions setting the electrolysis of water using renewable targets to produce and utilize green
the stage for a transformative energy energy, is set to undercut grey hydrogen hydrogen, which will play a crucial role in
landscape. as early as the end of this decade in reducing greenhouse gas emissions and
major economies such as Brazil, China, enhancing energy security.
Hydrogen market outlook India, Spain, and Sweden. This shift is The initial outlay for the Mission will be
crucial for decarbonizing industries and Rs. 19,744 crore, including an outlay of Rs.
The global hydrogen market is achieving net-zero targets, especially for 17,490 crore for the SIGHT programme,
experiencing a dynamic shift, primarily a country like India, which has a large Rs. 1,466 crore for pilot projects, Rs. 400
driven by advancements in green industrial base dependent on fossil fuels. crore for R&D, and Rs. 388 crore towards
hydrogen technology and supportive other Mission components.
policy frameworks. According to
BloombergNEF, the levelized cost of IndianOil is working on the Green hydrogen targets
hydrogen (LCOH2) has seen a slight tri-reforming concept of
increase due to inflation and higher India has set ambitious targets for
financing costs. However, green hydrogen
producing hydrogen using green hydrogen production to meet its
is expected to become competitive with the methane and CO2 energy and climate goals. The government
grey hydrogen (produced from natural along with steam aims to produce 5 million metric tonnes of
gas) in several key markets by 2030. green hydrogen annually by 2030. This
www.indianchemicalnews.com COLUMN [215]

Inauguration of hydrogen Fuel Cell buses at India Gate, New Delhi

target is supported by the development of the triple test of efficiency, durability and
renewable energy capacity, with a focus Indian Oil’s green hydrogen initiative economics. Moving ahead by building
on solar and wind power, which are critical strong foundations with both industry
for producing green hydrogen. IndianOil is the leading petroleum and academia (national & international),
To achieve these targets, India is refining company of India with 11 of the IndianOil R&D is set to traverse towards
investing in large-scale green hydrogen 23 operating refineries. IndianOil refineries scale-up, demonstration and commercial
projects and forming strategic partnerships are the largest producer of hydrogen for the deployment of innovative hydrogen energy
with global leaders in hydrogen captive use. IndianOil R&D is pioneering solutions for portable, stationary, off-road
technology. Additionally, the government the hydrogen research program amongst and mobility applications.
is providing financial incentives such the oil & gas sector in the country for the
as subsidies, tax breaks, and grants to past 2 decades. Hydrogen production & storage
encourage private sector investment in Expanding its presence beyond
green hydrogen infrastructure. These the boundaries of conventional fuels, Considering natural gas one of the
measures are expected to drive down the IndianOil R&D has state-of-the-art key enablers to the hydrogen economy,
cost of green hydrogen production and research facilities covering the panorama IndianOil R&D is developing novel
make it more competitive with traditional of hydrogen production, storage and fuel carbon capture technologies from
fossil fuels. cells, together aimed towards qualifying various pathways including chemical,
electrochemical, bio-chemical
and electro-bio-chemical routes to
convert brown hydrogen into grey
hydrogen.
To overcome the barriers
of hydrogen transportation,
IndianOil is proposing a distributed
hydrogen generation approach
by developing aqueous phase
methanol reforming solutions
in conjunction with leading
engineering company of the
country and ably guided by the one
of the best engineering institution.
For addressing the CO2 menace,
IndianOil is working on the tri-
reforming concept of producing
hydrogen using the methane and
CO2 along with steam.
Hydrogen Fuel Cell car being refueled at IOCL R&D Centre Realizing the importance of
[216] COLUMN www.indianchemicalnews.com

edge research facilities to evaluate the

performance of in-house catalysts and
cells, IndianOil is taking giant leaps in
both the fundamental and engineering
innovations for durable and low cost
green hydrogen generation.
IndianOil R&D is also working towards
transformation of conventional thermo-
chemical processes for CO2 capture, NH3
synthesis, CO2 to valuable products etc.
CBG Reforming based hydrogen production and refueling plant being commissioned at IOCL R&D Centre
to a more efficient and greener electro-
chemical route.
integrating the agrarian philosophy of the leading labs in the country with capabilities
country with the need to develop clean of evaluating upto10 kW PEM fuel cells. Innovating mobility: The power of
renewable energy technologies, IndianOil Having commissioned India’s 1st fuel fuel cells
is working with the leading institute for cell forklift last year (2019), IndianOil is
scaling up the biomass gasification running various collaborative programs Fuel cell technology is emerging as one
technology aiming towards higher yields with leading fuel cell institutes and of the important spokes in the e-mobility
and efficiency of conversion. technology developers for developing in- paradigm. Hydrogen can be used as a
Indian Oil R&D is also focusing house solutions for various applications. fuel for Fuel Cells. The electrochemical
research activities in hydrogen production With a vision of making affordable reaction converts fuel (hydrogen) at
by gasification technique through a variety hydrogen based solutions, Indian Oil R&D anode and oxygen from the air at cathode
of feedstock such as coal, biomass, is working towards harnessing refinery to water and liberate electrical energy in
petroleum coke, petroleum residue etc. In grade hydrogen for fuel cell application the form of electrons. Fuel cells are highly
this direction experimental facilities have through fundamental research in impurity efficient as compared to other mobility
been set up at IndianOil R&D. tolerant anode catalysts and high options. Fuel cells vehicles have inherent
Realizing the importance of hydrogen performance durable cathode catalyst. advantages of long range and lower
storage, IndianOil R&D is following a To develop solutions for low power refueling time as compared to battery
multi-pronged approach to develop stationary and automotive application, air vehicles. Hydrogen gas is compressed
customized solutions for the Indian cooled fuel cell test facility is also being and stored onboard in cylinders, typically
market. The development of Type III set-up in the campus. The centre has also at a pressure of 350 bar.
hydrogen storage cylinder with one launched India’s first hydrogen powered IndianOil has initiated a scientifically
of the leading engineering institutes in fuel cell bicycle. IndianOil R&D has also designed program to undertake
the country in going to offer significant set-up state of art test facility to develop operational trials of 15 Fuel Cell buses
opportunities to develop low cost indigenous low cost catalysts for SOFC powered by Green hydrogen on the
indigenous hydrogen storage solutions and SOEC. identified routes in Delhi, Haryana and
in India. Further, IndianOil R&D is actively U.P. Under this program, first set of fuel
developing solutions for hydrogen storage Electrolyser cell buses were launched from India Gate.
through Metal Organic Frameworks for This project is the first ever initiative in
enhancing the storage capacities at room IndianOil R&D is also working towards India to dispense green hydrogen at 350
temperatures through innovative material development of PEM and AEM-based bar to operate fuel cell buses. IndianOil
science interventions. electrolysers in-line with Hon’ble Prime has also established a state-of-the-art
Minister’s vision of making India a hub dispensing facility at our R&D Faridabad
Fuel cells of green hydrogen export. With cutting campus that can refuel green hydrogen
produced from electrolysis using solar PV
State-of-the-art research facilities have panels. A cumulative mileage of more than
been setup at IndianOil R&D to undertake
IndianOil R&D to 3 lakh kilometers will be covered across
the R&D activities on both Polymer undertake the R&D all buses for long term assessment of
Electrolyte Membrane Fuel Cells (PEMFCs) activities on both Polymer performance and durability of this new
and Solid Oxide Fuel Cells (SOFCs). technology. The data thus generated
With capabilities of developing low cost
Electrolyte Membrane Fuel through these rigorous trials will act as
innovative materials to computational Cells (PEMFCs) and Solid a national repository that will shape the
dynamics, stack development and Oxide Fuel Cells (SOFCs) future of zero emission mobility in the
engineering, IndianOil R&D is one of the country powered by green hydrogen.n
www.indianchemicalnews.com COLUMN [217]

POWERING INDIA'S GREENER

FUTURE
The role of bioenergy emerges as a pivotal force in reshaping the nation's energy
landscape TEAM ICN

I
n the face of climate change and dwindling Bioenergy: A viable alternative? emissions from bioenergy are substantially
fossil fuel reserves globally, the transition lower than those from fossil fuels, making it
towards renewable energy has never been The available biomass in India currently a crucial component of any strategy aimed
more pressing. In keeping with the future stands at 750 million metric tonnes (MMT)/ at curbing climate change. Bioenergy can
energy needs of its exploding population, year with surplus biomass availability of 230 be derived from various sources such as
Indian policymakers have been preparing a MMT/year. With a large surplus of biomass agricultural residues, organic waste, energy
bioenergy blueprint that not only holds the and other waste available in the country, crops and forest residues. Biomass power
key to sustainability but also addresses energy recovery from these resources is generation, biogas production from organic
environmental concerns and promote rural a viable solution. The bioenergy projects waste, and biofuel production from crops like
development. have been instrumental in promoting rural sugarcane, jatropha and non-edible oils have
By diversifying the sources of energy, development and providing additional been key focus areas. Moreover, bioenergy
India can reduce its reliance on finite income sources for farmers. As of August production has the added advantage of
resources while simultaneously revitalizing 2022, based on the total installed capacity of utilizing a variety of feedstocks, ranging from
rural economies through increased bioenergy projects in India, an estimated 0.43 dedicated energy crops like switchgrass and
agricultural productivity and job creation. The million direct jobs and 0.66 million indirect miscanthus to agricultural residues such as
bioenergy landscape in India encompasses a jobs had been created in the economy. Of corn stover and wheat straw.
diverse array of technologies these, approximately Furthermore, bioenergy has the potential
and feedstocks, ranging from 0.25 million jobs to address pressing waste management
biomass power generation to across the value chain challenges by converting organic waste
biogas production. Biomass of bioenergy projects streams into valuable energy sources.
power plants, fueled by are for women. Municipal solid waste, forestry residues
agricultural residues, forest B i o e n e r g y and animal manure can all be transformed
biomass, and energy offers a plethora into biogas through anaerobic digestion,
crops, play a crucial role of environmental, providing a renewable alternative to
in decentralized electricity generation, economic, and social benefits. One of the traditional landfill disposal methods while
particularly in rural areas where access most compelling aspects lies in its potential simultaneously generating clean energy.
to grid power is limited. Simultaneously, to mitigate greenhouse gas emissions.
the proliferation of biogas plants, utilizing Unlike fossil fuels, which release carbon Overcoming challenges
organic waste and agricultural by-products, dioxide sequestered deep within the earth’s
not only provides clean cooking fuel but also crust, bioenergy sources such as biomass The widespread adoption of bioenergy
addresses waste management challenges, and biofuels harness carbon that is already is not without its challenges. The availability
thereby fostering sustainable development circulating in the atmosphere through the and sustainable management of feedstocks
at the grassroots level. process of photosynthesis. This carbon- remain a key concern, with competition
As per International Energy Agency neutral cycle ensures that the net carbon between food and fuel crops necessitating
(IEA) estimates, bioenergy may produce careful land-use planning and agricultural
130 million tonnes of oil equivalent (Mtoe) Bioenergy production practices. Moreover, the scalability
of useful energy by 2040, or about 15% of and cost-effectiveness of bioenergy
India’s total energy demand at that time.
has the added advantage technologies require continuous innovation
Statista predicts electricity generation in of utilizing a variety of and investment to realize their full potential.
bioenergy market to amount to 38.76 bn feedstocks In navigating these challenges, collaboration
KWh in 2024. between government, industry and research
[218] COLUMN www.indianchemicalnews.com

There are benefits to the private sector,

Policy push as well, in the form of opportunities to
Key challenges decarbonize their industries. Other benefits
India has been actively pursuing include savings on fertilizer subsidies and a
• State policies focus on biomass in bioenergy as a part of its strategy to meet reduction in waste management costs. Upto
power generation its energy needs sustainably. Embarking 2022, over 800 biomass power projects,
• Inadequate feedstock supply (fuel on an ambitious energy transition journey, bagasse cogeneration and non-bagasse
reliability and quality) the country has set a target of fifty percent cogeneration projects have been installed
• Lack of public data on biomass cumulative electric power installed electricity with an aggregated capacity of 10,632
availability across geographies capacity from non-fossil fuel-based energy MW for power generation and 140 TPD
• Limited storage options resources by 2030 and achieving net zero by for compressed biogas (CBG) production.
• Supply chain bottlenecks 2070. At the forefront of country’s efforts has Ministry of New and Renewable Energy
• Limited offtake of biofertilisers been the push towards biofuel production (MNRE) has notified the National Bioenergy
and adoption. With an ambitious target to Programme for a period April, 2021 to March,
achieve 20% ethanol blending in petrol and 2026 with an outlay of Rs. 858 crore under
institutions becomes imperative. Policy 5% biodiesel blending in diesel by 2030, the Phase-I. It comprise the sub-schemes such
support in the form of incentives, subsidies government's National Biofuels Policy has as Waste to Energy Programme, Biomass
and regulatory frameworks is essential to set the stage for a significant transformation Programme; and Biogas Programme.
incentivize investment in bioenergy projects in the transportation sector. The promotion
and create an enabling environment for of biofuels not only reduces the nation's Concerted efforts
technology deployment. reliance on imported fossil fuels but also
To ensure the sustainability of mitigates greenhouse gas emissions, Looking ahead, the trajectory of India's
bioenergy production, it is essential to contributing to India's commitments to bioenergy sector in 2024 and beyond
implement robust regulatory frameworks combat climate change. hinges on concerted efforts to harness its
that promote responsible land use, The Indian government has been vast potential while addressing existing
biodiversity conservation, and social equity. implementing various initiatives to promote bottlenecks. Realizing the full potential of
Furthermore, technological advancements bioenergy, including financial incentives, bioenergy will require concerted efforts
in bioenergy conversion processes are subsidies, and research and development from policymakers, industry stakeholders,
essential to improving efficiency and programs. Schemes such as the Pradhan and the research community to overcome
reducing costs. Research into advanced Mantri Kisan Urja Suraksha evam Utthaan existing barriers and unlock its myriad
biofuels such as cellulosic ethanol and bio Mahabhiyan (PM KUSUM) have been benefits. The increase in private sector
hydrogen holds promise for unlocking the launched to support the installation of investment would prove vital for the sector
full potential of bioenergy while minimizing solar pumps, grid-connected solar power to achieve the targeted growth. This would
its environmental footprint. plants, and biomass-based power plants. require developing strong supply chains,
which can ensure viable long-
term biomass sourcing for
power plants and private sector
use.
Bioenergy represents a
cornerstone of the transition
towards a sustainable, low-
carbon future. By leveraging it
as a sustainable and inclusive
energy source, India can not
only meet its growing energy
demands but also chart a course
towards a cleaner, greener, and
more resilient future for all its
citizens. With determination
and innovation, bioenergy can
propel us towards a greener,
more sustainable world for
generations to come.n
 Creating Bonds
that touch
Millions of Lives

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