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Manufacturer & Dealer of
                 Top Stories                                                                                          AMMONIUM CHLORIDE
                                                                                                                          (LR/AR/ Tech./Batterry Grade)
                                                                                                                       CALCIUM CHLORIDE
        GEARED FOR GROWTH
                                                                                                                       (Lumps / Powder/ Dihydrate Crystals)
        Praj Industries eyes growth in SAF, biopolymers                                                                  Modheshwari chemicals      KNS ADI
                                                                                                                       Plot No. A-1/1511, GIDC Estate, Ankleshwar-393 002,
                                                                                                                         Dist. Bharuch, Gujarat. Mobile: 9377512003
        and energy transition                                                                                         Email: modheshwarichemicals@yahoo.co.in Website: www.modheshwari.in
           Pune-based  bio-engineering  fi rm,                             Spread  across  123  acres  of  land,  this   Manufacturers & Exporters of
        Praj  Industries,  is  banking  on  oppor-                        plant can deliver revenues in the range
        tunities across sectors like sustainable                          of  Rs.  2,000-2,500-crore  annually  at    Methylene Blue Zinc Free
        aviation fuel (SAF), biopolymers, and                             the optimum level,” he added.                       (Basic Blue 9)
        energy  transition  &  climate  action                                                                            Please Contact:
        (ETCA) as it aims to triple its revenues                          New opportunities                               Vanshi chemicals pvt. ltd.
        by 2030.                                                             “The  CORSIA  agreement  for  the        Factory: F-4/10, MIDC-Tarapur, Dist-Palghar 401506
                                                                                                                           Email: vanshichemicals@yahoo.co.in
                                                                          use of Sustainable Aviation Fuel (SAF)      Mobile: 9223230555 w Web: www.vanshichemicals.com
           At  a  press  conference  in  Pune  re-                        has  opened  a  door  to  the  new  oppor-
        cently, Dr. Pramod Chaudhari, founder-                            tunities  for  Praj  as  India  has  set  the
        Chairman  of  Praj,  along  with  senior                          target  of  blending  1  percent  by  2027      PHENYL DICHLOROPHOSPHATE
        leadership,  including  Mr. Atul  Mulay,                          and 2 per cent by 2028. Whereas, the                (CAS NO. 770-12-7)
        President  of  Bioenergy  Business,  and  energy  sector  by  2030,  whereas  the  EU and USA has kept the SAF blend-  4-PHENYL 1-BUTANOL (CAS NO. 3360-41-6)
                                                                                                                       4A-METHYL-1-4-METHANOANTHRACENE
        Mr. Ghanshyam Deshpande, President  traditional oil & gas market will con-  ing target of 6 percent and 10 percent,   -9-10-DIONE (CAS NO. 97804-50-7)
        of Technology, shared insights into the  tinue to attract new investments to the  respectively.  India’s  fi rst  commercial   3-BROMO 1-PROPANOL (CAS NO. 627-18-9)
        company’s  strategy  and  preparedness  tune of Rs. 21 lakh-crore in the next 10  passenger  fl ight  powered  by  indige-  6-FLUORO 2(1H)-QUINOLIN-ONE
        to capitalise on emerging opportunities  years’  time  on  the  global  front,”  said  nously produced SAF from sugarcane   (CAS NO. 22614-75-1)
        in these sectors.                Dr. Chaudhari.                   molasses successfully fl ew from Pune            DIPHENYL CHLORO PHOSPHATE
                                                                          to New Delhi. Air Asia, Praj and Indian         DIPHENYL PHOSPHORYL AZIDE
        Growing sectors                     “This  will  lead  to  the  signifi cant  Oil  came  together  for  this  successful   (UNDER DEVELOPMENT)
           “The  energy  transition  &  climate  demand  for  modularisation  solutions  attempt,”  informed  Mr.  Deshpande.   PARA AMINO PHENOL
                                                                                                                              (CAS NO. 123-30-8)
        actions  (ETCA)  sector,  which  has  a  for  setting  up  plants  in  these  sectors.  Mr. Mulay added, “The current revenue   4-BROMO 1-BUTANOL (CAS NO. 33036-62-3)
        global potential and contains segments  To cater to this demand, Praj has deve-  of  Praj  is  close  to  Rs.  3,400-crore   2-BROMO 3,4-DIHYDROXY BENZALDEHYDE
        like blue & green hydrogen, green am-  loped  strong  engineering  capabilities  annually, and we have a goal to reach   2-BROMO 3-HYDROXY
        monia and waste-to-energy solutions, is  in  modularisation  and  has  set  up  a  Rs.  10,000-crore  by  2030.  Currently,   4-METHOXY BENZALDEHYDE
        expected to drive the growth. Globally,  dedicated  advanced  manufacturing  share of exports is around 29 percent;   TETRACHEM
        the  energy  majors  are  likely  to  invest  facility at Mangalore in Karnataka with  we  are  looking  at  increasing  it  to  50   Mobile : 9717770497   KNS ADI 2
                                                                                                                      Email : tetrachem101@gmail.com
        close to Rs. 25 lakh-crore in the clean  an investment of about Rs. 400-crore.  percent by 2030.”                    Mobile : 09426020080
        REDUCING DEBT                                                                                                                     EstEllE ChEmiCals Pvt. ltd.                                   surfactants & Food additives
                                                                                                                                                                                                            an Fssc 22000
        UPL to divest 12.5% stake in seeds arm Advanta                                                                                    a trusted name in Food additives, cosmetics, textiles, leathers and Industrial chemicals  certified company
                                                                                                                                          An FSSC 22000, ISO 9001-2015, RSPO, KOSHER and HALAL Certified Company and India’s leading manufacturer and Exporter of
        to US investment fi rm                                                                                                             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.
                                                                                                                                   Glycerol Monostearate (GMS-SE) PDR / Flakes    Sorbitan Mono Laurate (SML)    PEG 200, 400, ..... 6000 Mol. Wt.
           Global  agrochemical  fi rm,  UPL  Ltd.,  Advanta. While proceeds from the primary  by  global  investment  firm  KKR  in     Glycerol Monostearate (GMS-NSE) PDR / Flakes   Sorbitan Mono Palmitate (SMP)    PEG Mono & Di Oleate l PEG Mono & Di Laurate
        has signed defi nitive agreements with U-  investment  will  be  used  for  Advanta’s  October 2022 to take about 13.3 percent     Distilled Monoglycerides (DMG)    Sorbitan Mono Stearate (SMS) PDR / Flakes   PEG Mono & Di Stearate

        based investment fi rm, Alpha Wave Global,  growth through organic and inorganic initi-  stake. UPL is also planning to launch an     Glycerol Monooleate (GMO)    Sorbitan Tri Stearate (STS) PDR / Flakes    deFoaMers
        under which the latter will invest $350-mn  atives, UPL will use the proceeds from the  IPO of Advanta Enterprises.        Glycerol Trioleate (GTO) l Glycerol Tristearate (GTS)   Sorbitan Monooleate (SMO)    Distillery Defoamers (Conc.)
                                                                                                                                                                 Sorbitan Monooleate (SMO) High Oleic Grade
                                                                                                                                   Glycol esters
        to acquire approximately a 12.5% stake in  share sale to deleverage its balance sheet,                                     Propylene Glycol Monostearate (PGMS)    Sorbitan Trioleate (STO)    Distillery Defoamer (Emul)
                                                                                                                                                                                             polyGlycerol esters and
        its seeds business, Advanta Enterprises.  UPL  said  in  a  statement.  At  the  end  of   “We are particularly excited to partner     Propylene Glycol Dioleate (PGDO)    Sorbitan Trioleate (STO) High Oleic Grade    specIalIty esters

                                         September, UPL had a net debt of $3.28-bn.  with Jai Shroff and his outstanding team,     Propylene Glycol Monooleate (PGMO)    poly sorBates       Polyglycerol Esters of Fatty Acids (PGE)
           The  deal  includes  a  primary  invest-                       as well as KKR, and help add value in                    Bakery InGredIents            Polysorbate 20 (Estobate 20)    Polyglycerol Polyricinoleate (PGPR)
                                                                                                                                                                 Polysorbate 60 (Estobate 60)
                                                                                                                                                                                             ESTOSOFT 9700
                                                                                                                                   Cake Improver, Cake Gel (Ornate / Crest)
        ment of $100-mn by Alpha Wave and its   This  transaction  marks  the  sec-  building the business in the years leading    Pan Oil                       Polysorbate 80 (Estobate 80)    (Emulsifier Blend for Biscuits and Breads)
        purchase of UPL’s shares worth $250-mn  ond investment by a global investor in  up to a potential IPO,” said Mr. Navroz                                Please contact for your requirements to:
        in Hyderabad-based hybrid seeds company,  Advanta, following a $300-mn investment  Udwadia, partner at Alpha Wave Global.                       ESTELLE CHEMICALS PVT. LTD.
                                                                                                                                            Registered Office 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
        144                                                                Chemical Weekly  December 3, 2024
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