Page 155 - CW E-Magazine (20-8-2024)

Pharmaceuticals Hydrocarbons

INVESTMENT UPDATE REFINING TECHNOLOGY
32 projects completed under PLI Scheme for Nayara Energy secures patent for technology

APIs and raw materials to enhance kerosene quality

The Production Linked Incentive the scheme is from FY 2022-23 to cumulative installed capacity of 56,679- Nayara Energy Ltd., one of India’s while simultaneously reducing organic further use, making the process both
(PLI) Scheme for promotion of do- FY 2028-29. tpa, have been completed. 16 projects leading integrated downstream oil com- nitrogen and moisture content,” a state- sustainable and cost-effective.
mestic manufacturing of critical Key are under development and have been panies, has successfully patented an inno- ment from the company said.
Starting Materials (KSMs), Drug Inter- Under the scheme, 249 applications supported for facilitating regulatory vative process aimed at signifi cantly “The fl ow of operations can be easily
mediates and Active Pharmaceutical were received, of which 48 projects have approvals such as environmental clea- improving the quality of kerosene-type Three-step approach adjusted to accommodate various pro-
Ingredients (APIs) in the country with been selected for manufacturing of iden- rance and drug manufacturing licenses petroleum distillates through a novel The innovative process comprises cessing conditions, providing refi neries
a fi nancial outlay of Rs. 6,940-crore tifi ed bulk drugs. 13 of these projects are with the help of State Governments. adsorbent technique. This breakthrough of three-steps. with a fl exible and effi cient solution to
was approved by the Cabinet to boost implemented by 10 Micro, Small and Against the targeted investment of enhances the marketability and stability  Adsorption treatment: Kero- improve product quality,” the statement
domestic manufacturing, reduce import Medium Enterprises (MSMEs). Rs. 3,938-crore, investments worth of petroleum products, including mineral sene-type petroleum distillate is added.
dependence and improve supply chain Rs. 4,024-crore have been made under turpentine oil, aviation turbine fuel, supe- passed through an adsorbent bed,
resilience. The production period under Under the scheme, 32 projects with the scheme. rior kerosene oil and petroleum solvents. effectively enhancing the Saybolt “This patent is a signifi cant mile-
Colour and stability while reducing stone for Nayara Energy as it under-
State-wise approved projects under the PLI scheme The patent (Indian Patent No. undesirable contaminants. scores our commitment to innovation
Name of the Company Product Name of the Company Product 545797), details a cutting-edge process  Hydrocarbon recovery: Spent ad- that not only enhances product quality
Andhra Pradesh Sadhana Nitro Chem Ltd. Para Amino Phenol to refi ne kerosene-type petroleum distil- sorbent is treated with water to re- but has set a new benchmark within the
lates, addressing persistent challenges
cover surface hydrocarbon content, industry. We are excited to share this
Lyfi us Pharma P. Ltd. Penicillin G (MSME) related to quality of product’s colour and minimizing environmental impact advancement and look forward to colla-
Granules India Ltd. Dicyandiamide (DCDA) Alta Laboratories Ltd. Aspirin its stability. “This invention improves and optimizing resource recovery. borating with partners in the refi ning
Hetero Drugs Ltd. Carbidopa, Levodopa Lifetech Sciences (MSME) Ritonavir and stabilise the Saybolt Color – a criti-  Regeneration of adsorbent: The sector to implement this process effec-
Honour Lab Ltd. Lopinavir, Vitamin B6 RMC Performance Chemi- Aspirin cal quality parameter that impacts the spent adsorbent undergoes thermal tively,” said Mr. Amar Kumar, Head of
Kreative Actives P. Ltd. Diclofenac Sodium cals P. Ltd. (MSME) perception and application of product – oxidation to restore its effi cacy for Refi nery, Nayara Energy.
(MSME) Sudarshan Pharma Industries Vitamin B1, Vitamin B6
Gujarat Ltd. (MSME) POSITIVE DEVELOPMENT
Macleods Pharmaceutical Ltd. Rifampicin Punjab Government approves 20% premium for gas
Meghmani LLP Para Amino Phenol Centrient Pharmaceuticals Atorvastatin
India P. Ltd.
Amoli Organics P. Ltd. Diclofenac Sodium Rajasthan from new wells for ONGC
Aviran Pharmachem P. Ltd. Artesunate
(MSME) Rajasthan Antibiotics Ltd. Meropenem The government has approved a used to generate electricity, produce Gas produced from diffi cult fi elds,
Globela Industries P. Ltd Norfl oxacin, Ofl oxacin Tamil Nadu 20% premium over the regulated or fertiliser, turn into CNG for running such as those in the deep sea, is governed
(MSME) Global Pharma Healthcare P. Ofl oxacin APM (administered price mechanism) automobiles and piped to households by a different formula and paid a higher
Vital Laboratories P. Ltd. Levofl oxacin, Ofl oxacin Ltd. (MSME) price for any natural gas that ONGC for cooking. rate because of the higher cost involved
(MSME) K P Manish Global Ingredients Artesunate will produce from new wells, the com- in its production. That price for six
Himachal Pradesh P. Ltd. pany said. Gas produced from legacy or fi elds months starting April 1 is $9.87 per
Kinvan P. Ltd. Clavulanic Acid Telangana given to ONGC and OIL, on nomina- mmBtu.
Jammu & Kashmir Emmennar Pharma P. Ltd. 1,1-Cyclohexane Diacetic Acid ONGC said the Ministry of Petro- tion basis, is priced at 10% of the pre-
(MSME)
Orchid Bio-Pharma Ltd. 7 ACA leum & Natural Gas (MoPNG) notifi - vailing price of crude oil that India im- When these formulas were adopted
cation on higher price for gas produced ports. This price, subject to a cap price last year, it was decided that gas pro-
Karnataka Hindys Lab P. Ltd. 1,1-Cyclohexane Diacetic Acid from new wells or well intervention in of $6.5 per million British thermal duced from new wells, even in legacy
Natural Biogenex P. Ltd. Betamethasone, Dexamethasone, Anasia Lab P. Ltd. Losartan, Olmesartan nomination fi elds of ONGC and Oil units, is called regulated or APM price. fi elds, would be paid a premium of 20%
Prednisolone Dasami Lab P. Ltd. Carbamazepine, Oxcarbazepine India Ltd. (OIL) will make new deve- So, at the current Indian basket price of over the APM price. Now, that has been
Madhya Pradesh Hazelo Lab P. Ltd. Vitamin B6 lopments viable. $77 per barrel, the APM price for gas notifi ed.
Karnataka Antibiotics and 7 ACA Hetero Drugs Ltd. Levofl oxacin, Oxcarbazepine produced from ONGC’s Mumbai High
Pharmaceuticals Ltd. Hindys Lab P. Ltd. Acyclovir Currently, two pricing regimes and Bassein fi elds in the western off- “As per guidelines for domestic
Symbiotec Pharmalab P. Ltd. Prednisolone Honour Lab Ltd. Levetiracetam, Valsartan govern the majority of the domestic shore should come to $7.7 per mmBtu, gas pricing, domestic natural gas price
Maharashtra MSN Life Sciences P. Ltd. Levofl oxacin production of natural gas, which is but it is paid the cap price of $6.5. (APM price) was fi xed at 10% of the

154 Chemical Weekly August 20, 2024 Chemical Weekly August 20, 2024 155

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