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Top Stories REQUIRED
Require Spent Tin Catalyst/
BUSINESS OUTLOOK
indian road logistics revenues to grow at 3-6% Salt / Dross &

in FY25: icRA

Ratings company, ICRA Ltd., ex- high infl ationary regime, and pressure Spent Sodium Bromide,
pects the revenues of the Indian road on realisations, given the sticky retail
logistics industry to remain range- diesel rates, limiting any formula-driven
bound and grow at sedate pace of 3-6% price rise. ICRA expects the margins Hydrobromic Acid
in FY2025, given the limited ability to remain in the range of 10.5-12.5%
of players to increase freight rates, in FY2024 and FY2025 over 12.4% in
expected softening in Government capex FY2023, amidst infl ationary headwinds Please Contact:
during the elections (given the Model and despite benefi ts of effi ciency gains tinchemistry@gmail.com
Code of Conduct requirements) and and relatively muted festive season. due to increasing digitalisation and value-
moderation in consumer demand senti- Thus, on an elevated base of FY2023, added service offerings of industry
ments amid high infl ation and interest ICRA estimates a low single digit players. ETHYL CHLORO ACETATE
rates. growth of 2-5% in FY2024. The growth
for road logistics sector in FY2025 is “Additionally, road logistics players METHYL CHLORO ACETATE
The outlook for the sector continues expected to be in the range of 3-6%, also remain exposed to environ-
to be ‘Stable’, fuelled by a sus- owing to the impact on demand from mental and social risks. Tightening Contact:
tained momentum in economic acti- high infl ation, high interest rate regime emission control norms necessitate Shreyans Chemicals
vities, enhanced traction of organised and soft (though improving) consumer alternative fuel vehicle investments W-43, MIDC, Tarapur - 401 506.
trade and continued support from sentiment,” Mr. Suprio Banerjee, Vice or investments in the current fleet. Email: shreyanschem@gmail.com
varied segments like e-commerce, President & Sector Head – Corporate They are also exposed to litigation/
FMCG, retail, pharmaceuticals, and Ratings, ICRA, said: penalties arising from issues relat- IMPORT \ EXPORT DATA
industrial goods. ed to harmful emissions and waste,
Pressure on margins which may lead to financial impli- Any Chapter Rs.500 per month
“ICRA’s sample set witnessed a According to Mr. Banerjee, the cations and impact reputation. The CHEMLINK SOFTWARE
modest revenue growth of 2.3% in 9M industry operating profi t margin con- social risk includes driver shortage, MUMBAI
FY2024 on a YoY basis amidst tapering tracted to 11.2% in 9M FY2024 (down health, safety, and quality of work- Mr. Bhavin Patel
demand due to high infl ation, an uneven ~150 bps YoY), on account of increase life balance for drivers,” Mr. Banerjee 8469140555
monsoon, a high interest rate regime in operating costs (ex-fuel) due to the added. chemlinksoft@gmail.com

FLUORINATION CHEMISTRY
Anupam Rasayan inks loi worth over Rs. 740-crore ESTELLE CHEMICALS PVT. LTD. Surfactants & Food Additives
An FSSC 22000
A trusted name in Food Additives, Cosmetics, Textiles, Leathers and Industrial Chemicals
Certified Company
with Japanese fi rm An FSSC 22000, ISO 9001-2015, RSPO, KOSHER and HALAL Certified Company and India’s leading manufacturer and Exporter of
Fatty Acid Esters and Speciality Chemicals now offers wide range of food emulsifiers and quality chemicals as per customer specifications
GLYCEROL ESTERS SORBITAN ESTERS PEG ESTERS OF DIFFERENT MOL. WT.
Anupam Rasayan, the Surat- Anupam will be the fi rst company in Glycerol Monostearate (GMS-SE) PDR / Flakes Sorbitan Mono Laurate (SML) PEG 200, 400, ..... 6000 Mol. Wt.
based custom synthesis & speciality India to manufacture these key mole- Glycerol Monostearate (GMS-NSE) PDR / Flakes Sorbitan Mono Palmitate (SMP) PEG Mono & Di Oleate l PEG Mono & Di Laurate
chemicals firm, has signed a Let- cules within the country, with appli- Distilled Monoglycerides (DMG) Sorbitan Mono Stearate (SMS) PDR / Flakes PEG Mono & Di Stearate

Glycerol Monooleate (GMO)
Sorbitan Tri Stearate (STS) PDR / Flakes
DEFOAMERS
ter of Intent (LoI) worth revenue cations in both the pharmaceutical as Glycerol Trioleate (GTO) l Glycerol Tristearate (GTS) Sorbitan Monooleate (SMO) Distillery Defoamers (Conc.)
of around $90-mn (Rs. 743-crore) well as engineering fl uids. This LoI GLYCOL ESTERS Sorbitan Monooleate (SMO) High Oleic Grade Distillery Defoamer (Emul)
Sorbitan Trioleate (STO)
over next seven years with a leading not only expands and diversifi es our Propylene Glycol Monostearate (PGMS) Sorbitan Trioleate (STO) High Oleic Grade POLYGLYCEROL ESTERS AND
Propylene Glycol Dioleate (PGDO)
SPECIALITY ESTERS

Japanese company to supply two soon to be commercialised fluori- customer base, but also solidifi es our Propylene Glycol Monooleate (PGMO) POLY SORBATES Polyglycerol Esters of Fatty Acids (PGE)
advanced intermediates using fl uori- nation plants,” the company said. position in the Japanese markets as one BAKERY INGREDIENTS Polysorbate 20 (Estobate 20) Polyglycerol Polyricinoleate (PGPR)
nation chemistry. of the most reliable partners for sup- Cake Improver, Cake Gel (Ornate / Crest) Polysorbate 60 (Estobate 60) ESTOSOFT 9700
Polysorbate 80 (Estobate 80)
Pan Oil
(Emulsifier Blend for Biscuits and Breads)
“We are pleased to announce the plying specialized molecules to global Please contact for your requirements to:
“These molecules will be manu- signing of a LoI with one of the largest majors,” Mr. Anand Desai, Managing eStelle chemicAlS PVt. ltD.
factured in our existing as well as Japanese players in fl uorochemicals. Director, Anupam Rasayan, said. Registered Offi ce and Factory: G-20/5, M.I.D.C., Ahmednagar, 414 111, Maharashtra (India).
tel.: +91-241-2779199, 2779383 l Fax: +91-241-2779383 l mob.: 9890699797 / 7620604545
email: info@estellechemicals.com / sales@estellechemicals.com l Web.: www.estellechemicals.com
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148 Chemical Weekly April 16, 2024 Chemical Weekly April 16, 2024 149
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