Page 125 - CW E-Magazine (28-1-2025)

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CPME

DIVERSIFICATION PLANS

Himadri Speciality Chemical to expand into high-value CYCLOPENTYL METHYL ETHER

products CAS NO: 5614-37-9

Himadri Speciality Chemical Ltd. the leading technology, with graphite OCH
(HSCL), a Kolkata-based producer of anodes dominating the anode technology. 3
coal tar based products, has announced Silicon-carbon based anodes are well Physical Properties
plans to expand into the extraction of poised to bring about signifi cant im-
high-value products, with a capex of provement in charging times, increase • Highly Hydrophobic Ether Solvent
Rs. 120-crore, funded through internal in energy density and signifi cant in- • High Boiling Point - 106 °C (223 °F)
accruals. crease in range coverage for EVs, thus • Low Peroxide Formation
helping to popularise EVs from an end- • Relative Stability Under Acidic and Basic Conditions
“This facility will enable the extrac- user’s perspective. “Himadri’s progress
tion high-value speciality products, on development of these technologies • Long Expiration Date – 54 Months
including Anthraquinone, Carbazole, materials and agrochemicals, fl uorene and its LFP cathode project is moving • High recovery rate - >90%, reduces amount of waste
Fluorene from existing coal tar distil- is used in pharmaceuticals, plastics and forward as planned,” he said.
lates at our existing facility and is ex- agrochemicals. IDEAL SOLVENT TO REPLACE
pected to commence operations within “The revamp of Birla Tyres is • THF
the next 18 months. These products “The domestic market size would be progressing at full speed, and we are • 2-MeTHF
have application in dyes, pigments, around 20 percent of the global market. set to commence commercial opera- • Dioxane
pharma and various other industries,” The new value-added products can tions soon. Over the next two to three • DME/DEE
the company said in a statement. be used as import substitution in the years, we will be ramping up produc-
domestic market. And, we will be tion across various tyre segments,” Classified as Class 2 solvent as per ICH Q3C guideline with PDE of 15 mg/day
The speciality carbon black maker supplying these products all over the Mr. Choudhary added.
will be producing the new value-added world – Europe, the US and South-East CPME IS BEING USED IN
products as a forward integration pro- Asia,” Mr. Choudhary informed. HSCL has recently been awarded
cess at its existing Singur plant in West with EcoVadis Platinum medal, which • Grignard Reaction (Enhanced Stability, Selectivity, Improved Yields)
Bengal. Carbon black expansion recognition is awarded to the top 1% • Suzuki Coupling
The company also announced a of companies assessed by EcoVadis in • Buchwald Amination • Metal Reductions (NaBH , LiAlH , i-Bu AlH)
4
“These will be new products, which scaling up of capacity at its Singur faci- the world amongst more than 130,000 • Reactions with n-BuLi • Reactions with Lewis Acid 4 2
will be produced for the fi rst time in lity to enhance carbon black produc- assessed companies globally. • Friedel Crafts Reactions • Reaction Solvent
India. The company will forward-inte- tion from 180-ktpa to 250-ktpa by Q3
grate its existing coal tar distillates to FY26. Speciality carbon black capa- Quarterly performance • EXTRACTIONS • CRYSTALLIZATIONS
produce the high value-added specia- city will rise from 60-ktpa to 130-ktpa, HSCL has reported robust perfor- • POLYMERIZATIONS • COATINGS
lity products,” informed Mr. Anurag positioning the company as the fourth- mance across its portfolio of products.
Choudhary, CMD and CEO, HSCL. largest global producer in this high-value The export portfolio is strengthening, Manufactured By ZEON CORPORATION, Japan
segment. particularly bolstered by the com- For Requirement Please Contact:
Anthraquinone, which has applica- mencement of other high-temperature
tions in dye, paper, hydrogen peroxide According to Mr. Choudhary, the Liquid Coal Tar Pitch export terminal S. AMIT & CO.
and agriculture, had a global market electric vehicle (EV) sector in India is at Haldia Port in October 2024. A TRUSTED NAME FOR IMPORT OF YOUR CHEMICALS
size of around $4.96-bn in 2023 and poised to attract $40-bn in investments, 101 ‘A’ Neelam Centre, Hind Cycle Road, Worli, Mumbai – 400030.
it is expected to grow at a CAGR of 5 with 70% of this allocated to Lithium- For the nine months period of the Tel : 022-4001 3000 / 4001 3013 l Fax: 91-22-4001 3030 / 2493 7925
percent by 2032. ion Battery (LiB) manufacturing. Addi- current fi nancial year, sales volumes Email: info@s-amit.com / chetan.sangani@s-amit.com / manishv@s-amit.com l Web.: www.s-amit.com
tionally, in late 2024, the Government grew by 24%, reaching 415,679-tonnes, Hyderabad Office: Tel/Fax 040-40038739
Carbazole and fl uorene had global of India approved a $1.3-bn incentive up from 335,265-tonnes in the same
markets of around $1.2-bn and $1.73-bn scheme for EVs, with one-third of the period last year. This growth was
in 2023 and 2024, respectively. funds dedicated to the PM E-Drive refl ected in a 34% increase in EBITDA
While carbazole has applications in scheme. For LiBs, in the cathode ac- to Rs. 611-crore, and a 35% rise in PAT
pharmaceuticals, electronics, polymeric tive material space, LFP continue to be to Rs. 400-crore. S. Amit Group of Companies
PHARMACEUTICALS AGROCHEMICALS POLYMER ADDITIVES PAINTS & COATINGS
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124 Chemical Weekly January 28, 2025 Chemical Weekly January 28, 2025 125

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