Page 131 - CW E-Magazine (28-1-2025)

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SUNSHIELD

GOOD PROSPECTS C H E M I C A L S L T D

India’s plastic pipe industry has signifi cant headroom
Improving performance through Science
for growth: Jefferies

India’s plastic pipe industry has driven by a revival in capital expendi- per kg at the end of September 2024 to Specially Formulated Products For Diverse Industries
immense growth potential due to its lower ture (capex) and a robust housing cycle. Rs. 78 per kg by November 2024, they fell
per-capita pipe consumption compared to Industry growth is expected to remain by around 4 percent in December 2024.
the global average, according to a recent strong, fuelled by increasing traction SURFACTANTS
report by American investment banking in the housing sector and infrastructure Sharp declines in PVC prices can Ethylene Oxide and Propylene Oxide Condensates of
fi rm, Jefferies. investments. However, the report also lead to inventory losses for companies, Alkyl phenols: > Nonyl Phenol > Octyl Phenol > Styrenated Phenol
outlines challenges related to the key as well as destocking by distributors,
The report stated that the country’s raw material, polyvinyl chloride (PVC). which drags down volumes. The fi rst Fatty Alcohols: > Lauryl Alcohol > Cetostearyl Alcohol > Tri Decyl Alcohol
consumption levels are signifi cantly PVC prices have been volatile, directly half of FY25 witnessed weaker capex > Specialty Synthetic Alcohols
below those of developed regions like impacting margins for plastic pipe manu- activity and a higher base effect from Fatty Amines: > Oleyl Amine > Stearyl Amine > Tallow Amine > Coco Amine
the US, Europe, and China, highlight- facturers. the previous year, which weighed on
ing a large untapped market. volume growth in the pipes and tiles Fatty Acids: > Stearic Acid > Oleic Acid
“PVC is the key raw material for segments. Vegetable Oils: > Castor Oil > Groundnut Oil > Soyabean Oil
The report also revealed that the plas- plastic pipes, and its volatility is pass-
tic pipes sector has recorded an impres- through. Any sharp fall in PVC price However, Jefferies expects a reco- OTHER SPECIALTY ETHOXYLATES
sive 8 percent compound annual growth entails near-term inventory losses, very in volumes during the second half THEIC > For Insulation wire enamels and as secondary PVC stabilizer
rate (CAGR) over the past decade, from impacting margins,” the report said. of the calendar year 2025, supported
FY15 to FY24. It is projected to reach a by a rebound in capex and business- HQEE > Chain extender for Polyurethane
market size of Rs. 500-billion by FY25, While PVC prices rose from Rs. 75 to-business (B2B) activity. Poly oxypropylene and Poly oxyethylene derivatives of
> Fatty Alcohols > Glycerin > EO PO Block co-polymers
Adani Krishnapatnam Port receives environment
ANTIOXIDANTS
excellence award Aminic Antioxidants > For Lubricants > Rubber and > Polymer Applications

Adani Krishnapatnam Port Ltd. > Nonylated Di Phenyl Amine > Octylated Butylated Di Phenyl Amine
(AKPL) has been honoured with the
prestigious ‘18th Indian Chamber of > Styrenated Di Phenyl Amine > Di Octylated Di Phenyl Amine
Commerce (ICC) Environment Excel- > Cumylated Di Phenyl Amine
lence Award 2024’ in the service sector
under the Platinum category. UREA FORMALDEHYDE RESIN
Water Insoluble > For application in specialized coating application
The award was presented by NOW INTRODUCING
Dr. Shashi Panja, Minister for Indus-
tries, Commerce and Enterprises, and SUNPEX 2A1 > Di Alkyl Diphenyl oxide - Disulphonate
Department of Women and Child
Development and Social Welfare of At our sister concern Indus Petrochem Ltd., we represent the following principals.
the Government of West Bengal, along Procter & Gamble Chemicals - Fatty Alcohols (both normal & RSPO Grades) /
with Ms. Roshni Sen, IAS, Additional
Chief Secretary, Department of Fatty Acids / Methyl Esters / Glycerin-Moon K.
Environment. The award, memento and Shell - Alpha Olefins C12/C14/C16 Grades,
certifi cation were received by the mental innovation, and responsible busi- environmental stewardship. “This award Synthetic Alcohols Neodol Series (C9/11 - C12/15).
AKPL Head of Dry Cargo Operations. ness practices. AKPL has implemented is a testimony to AKPL’s commitment
groundbreaking initiatives to reduce its to sustainability, environmental inno- Sunshield Chemicals Limited
This recognition highlights AKPL’s environmental footprint, setting bench- vation, and responsible business prac-
contributions to sustainability, environ- marks in operational excellence and tices,” the company said in a statement. 1501-A, Universal Majestic, P.L.Lokhande Marg, Opp. RBK International School, Chembur West, Mumbai - 400043 (INDIA)
Tel: +91-22-25550126 w Email: sales@sunshieldchemicals.com w Web: www.sunshieldchemicals.com

130 Chemical Weekly January 28, 2025 Chemical Weekly January 28, 2025 131

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