Page 143 - CW E-Magazine (12-12-2023)

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INNOVATIVE SOLUTIONS PORTFOLIO REJIG
DSIR and TERI to partner on membrane techno- HUL splits beauty and personal care segment

logies and greening of construction Hindustan Unilever Ltd. (HUL) has landscape for both, B&W and PC, are

decided to split its beauty and personal diverging. The transition will allow us
The Department of Scientifi c & meeting was held recently in New Delhi, ambitious goal hinges on the integration care (BPC) segment into two in a bid to bring more focus, and leverage our
Industrial Research (DSIR) has part- which was attended by experts from of cutting-edge technologies and design to fi ght direct-to-consumer and digital- strong portfolio in both businesses,”
nered with The Energy and Resources academia, industry leaders and policy within buildings, so as to signifi cantly fi rst brands. CEO and Managing Director, Mr. Rohit
Institute (TERI) to drive transformative makers. curtail energy consumption. Jawa said.
advancements in India’s construction In an exchange fi ling dated Decem-
and wastewater treatment sector. Dr. Sujata Chaklanobis, Scientist Dr. Banwari Lal, Sr. Director, ber 1, HUL said that their BPC segment In the September-ended quarter,
‘G’ and Head A2K+ Studies, DSIR, TERI, noted that membrane techno- reported a top-line of Rs. 21,831-crore HUL reported net profi t growth of 4%
DSIR has awarded two research stressed on the need to promote indus- logy is a vital solution for reclaiming in FY23 (23% of total revenue) and will year-on-year (YoY), while total reve-
studies to TERI with the intent to trial research for indigenous techno- water from diverse wastewater streams. be segregated into beauty & well-being “Beauty and personal care conti- nue from operations increased by 3.6%
bridge the information gap on advanced logy development, promotion, utiliza- “As the need for water reuse intensifi es, (B&W) and personal care (PC) seg- nues to be a source of value creation YoY. Volume growth of 2% in Q2FY24,
building materials and building design tion, and transfer. the treatment of sewage water becomes ments, with two new division heads to for us. However, the business model, however, was a further step down from
for achieving energy effi ciency and to not just a necessity, but a strategic oversee operations. innovation rhythm, and competitive earlier levels.
make a status and scoping report on According to Mr. Sanjay Seth, Senior imperative to meet growing water
membrane-based sewage wastewater Director, Sustainable Infrastructure demands sustainably,” he said. Sadhana Nitro to set up green hydrogen facility;
treatment systems for reuse and recyc- Programme, TERI, India’s commitment
ling. to carbon neutrality by 2070 emphasizes The event concluded with a com- moots rights issue
the crucial need for substantial reductions mitment from both partners to embark
In this regard, a DSIR-TERI col- in greenhouse gas emissions, particularly on the journey of innovation for a Chemicals manufacturer, Sadhana sue, subject to neces- plot of land for the
laborative stakeholder consultant from the building sector. Achieving this sustainable and resilient future. Nitro Chem Ltd., has said it will set sary approvals from establishment of both
up a green hydrogen facility for cap- regulatory authori- a solar power facility
PROJECT MILESTONE tive usage and launch a rights issue to ties. The rights shares and a wind energy
Omnipotent Industries begins commercial bitumen raise up to Rs. 50-crore. In a regulatory are being offered at installation. Any surplus
green hydrogen will
fi ling, the company said it will set up
Rs. 121 per share (a
operations at Kandla a green hydrogen facility, based on a premium of Rs. 120), be made available for
solar plant and wind farm with a capa-
and the company will
sale to external parties.
city of 15-MW to 20-MW. look to raise up to Sadhana Nitro ope-
Omnipotent Industries Ltd. has said plant enjoys a strategic location that bitumen processing plant in Kandla is a
that its new bitumen processing plant ensures easy accessibility to raw pivotal moment. It not only showcases The board also approved a rights is- Rs. 49.95-crore, which will be mainly rates from its 22-acre manufacturing
facility in Roha, Maharashtra.
used for the acquisition of a 126-acre
in Kandla, Gujarat, started commer- materials and facilitates effi cient dis- our resilience and strategic vision, but
cial operations on November 20, 2023. tribution. “This positioning is set to also reaffi rms our commitment to lead- AGROCHEMICALS
According to the company, the plant’s fortify Omnipotent’s supply chain, ing the way in the bitumen industry.
advanced processing abilities will be resulting in heightened market respon- We are excited about the positive impact Dhanuka’s brand campaign gets recognition
a game-changer, boosting its presence siveness,” the company said. this will have on our business and the
and infl uence in the market. By being industry as a whole,” said Mr. Prince P Agri-input company, Dhanuka television campaign as a
situated in a port city (Kandla), the “The operationalization of our Shah, Managing Director. Group’s brand campaign ‘India ka part of this special cam-
Pranam Har Kisan ke Naam’ has paign, which was promo-
GASOLINE BLENDING bagged the ‘Silver Award’ at the ‘ET ted on print, television, and
BCL Industries bags ethanol supply deal from OMCs DigiPlus Awards 2023’. digital platforms across the
country.
BCL Industries Ltd. has been Distillery, participated in a tender from November 2023 to April 2024, Dhanuka had launched the cam-
selected by Oil Marketing Compa- fl oated by OMCs inviting various while Svaksha Distillery also bagged paign on the occasion of its 42nd Dhanuka Group has
nies (OMCs) to supply ethanol worth molasses and grain-based distilleries to an order to supply 10,000-kilo- Foundation Day to honour the tireless tie-ups with several well-
Rs. 561-crore for the ethanol blending supply ethanol. BCL Industries has litres of ethanol to Reliance Indus- efforts of the country’s farmers. known multinational com-
programme of the government. The been selected for the supply of 8.20- tries, with an order value of Rs. 6.73- panies, mostly Japanese,
fi rm, along with its subsidiary, Svaksha lakh litres of ethanol for a period crore. The Group had also launched a new UK and US-based.

142 Chemical Weekly December 12, 2023 Chemical Weekly December 12, 2023 143

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