Page 150 - CW E-Magazine (9-7-2024)
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Top Stories
NEW CAPABILITIES
Products CAS No.
Vinmar acquires BluePallet assets; to develop N-(2-Amino-4,6-dichloro pyrimidine-5-yl) formamide [FADCP] 171887-03-9
Methylglyoxal Dimethyl Acetal [MGDA] 6342-56-9
digital commerce portal 3-Ethyl-4-methyl-3-pyrrolin-2-one [EMPO] 766-36-9
7554-65-6
4-Methyl Pyrazole
US-based chemicals and polymers Vailent will bring substantial bene- while not the outcome we originally 3-Fluoro-4-Methylbenzonitrile [FBN] 170572-49-3
distribution group, Vinmar, has an- fi ts to Vinmar’s global customer base envisioned, we are pleased that their 3-Fluoro-4-(Hydroxymethyl) Benzonitrile [FHMBN] 219873-06-0
5-Bromo-2-Cyanopyridine
97483-77-7
nounced the creation of Vailent, formed including of streamlined onboarding team can continue to achieve great 8-Nitro-2-tetrazol-5-yl-4-oxo-4H-1-benzopyran 141283-42-3
2-Methoxy-5-nitropyridine
5446-92-4
through the acquisition of the team and and ordering, real-time visibility and things as a part of Vinmar. We look (3r)-3-Amino-1-butanol 61477-40-5
certain assets of BluePallet, a digital tracking, and enhanced customer service, forward to sharing this new capability 2-Amino-2-Methylpropionitrile 19355-69-2
platform provider for the plastics and the company said. with our suppliers and customers as Methyl 1,3,4-trimethyl-1H-pyrazole-5-carboxylate 773136-70-2
24964-64-5
3-Cyanobenzaldehyde 3-Formylbenzonitrile
chemicals industry. soon as we are able.” 5-Fluoroindole 399-52-0
Commenting on the deal, Mr. 5-Methyl-1,3,4-oxadiazol-2(3H)-one 3069-67-8
α-[2-(Methylamino)ethyl]benzyl Alcoholalpha-[2-(Methylamino)ethyl]benzyl Alcohol3-(Methylamino)-1-phenyl-
42142-52-9
In a press statement, Vinmar in- Vishal Goradia, CEO of Vinmar, said, The acquisition is Vinmar’s third in propan-1-ola-2-(Methylamino)ethyl benzyl alcohol3-Hydroxy-N-methyl-3-phenyl-propylamine
formed that Vailent will operate as a “Vinmar is grateful to the former Blue- the last three years. In early 2023, the 3,3-Dichloro-1-(4-Nitrophenyl)piperidin-2-one2-Piperidinone, 3,3-dichloro-1-(4-nitrophenyl) 881386-01-2
24065-33-6
5-ChloroThiophene-2-Carboxylic acid [5CTA]
new subsidiary and focus on deploying Pallet team, especially Pat Salome and fi rm acquired controlling interest in Guanine 73-40-5
digital commerce technologies across Sal Cacciatore, for creating Vailent Syncot Plastics, a US-based recycler. Sucralfate 54182-58-0
4-Fluorophenol
371-41-5
Vinmar’s polymer and chemical distri- with us. Vinmar made a strategic in- In 2022, Vinmar bought recycler Green Acetonitrile 75-05-8
bution subsidiaries. vestment in BluePallet in 2021 and, World Compounding of Spain. Anthranilamide 88-68-6
2-AminoBenzonitrile [2ABN]
1885-29-6
2-Amino-5-chlorobenzoic Acid [ACBA] 635-21-2
FUTURE PLANS 2-Chloro DiPhenyl Ether [CDPE] 2689-07-8
5-Methyl 5-Phenyl Hydantoin [MPH] 6843-49-8
Adani Green Energy to invest Rs. 2-lakh crore in Chloroacetonitrile 107-14-2
36315-01-2
2-Amino-4,6-Dimethyoxy Pyrimidine [ADMP]
Decanenitrile [DCN] 1975-78-6
expansion till 2030 Malononitrile 109-77-3
624-31-7
4-Iodotoluene
Cyclopropane Carboxylic Acid 1759-53-1
Adani Green Energy Ltd. (AGEL) “While we are planning 50-GW projects, This includes the states of Maharashtra, Benzethonium Chloride [BTC] 121-54-0
will be investing an estimated Rs. 2 we have a land bank to set up even 70-GW Andhra Pradesh, Telangana and Tamil 5-tert-Butyl-m-Xylene 98-19-1
lakh-crore for increasing its renewable projects,” Mr. Amit Kumar Singh, CEO Nadu. Mr. Sagar Adani said that Adani 4,4'-Dihydroxydiphenyl Ether [DHDE] 1965-09-9
energy capacity in the next seven years, of AGEL said. The company is also look- New Industries Ltd. (ANIL) is also work- Exclusive synthesis & CDMO Services
Mr. Sagar Adani, Executive Director of ing to invest in setting up three projects ing on developing a 3-MW wind turbine
AGEL, said. of 5-GW pump storage capacity in South generator in addition to the 5.2-MW it Inventys offers customized development & manufacturing services for Crop Protection, Pharma & Specialties. We have state-of-the-art
India to store renewable power by 2030. produces currently at its Mundra facility. competence in process R&D and small to medium scale manufacturing conforming from ISO up to GMP standards.
The money will largely be spent to
raise the renewable energy capacity Grasim gets sustainability recognition Active Pharmaceutical Ingredients (API)
from 10.9-GW (Gigawatt) to 50-GW by
2030, Mr. Adani said while addressing Grasim Industries future. From about Registered Starting Materials
media persons at Adani Shantigram near Ltd., a fl agship company 300 identifi ed sus-
Ahmedabad. Of the total 50-GW, 80 per- of the Aditya Birla tainable organisa-
cent will be solar, while the remaining Group, was honoured tions, 40 companies Advanced Intermediates
will be wind. “We do not need any more at the 3rd edition of were recognised at
equity. The peak debt requirement of the ‘Times Now Global the event. Mr. Pa- Active Ingredients
$6-bn in 2030, while having debt draw- Sustainability Alli van Jain, Chief Fi-
ing lines for $6-bn,” Mr. Adani added. ance – Sustainable Or- nancial Offi cer of Crop Protection Intermediates
A signifi cant portion of these investments ganisation 2024’ event Grasim Industries,
are expected to be parked at Khavda in recently. received the ‘Sus-
Kutch district of Gujarat, where 30-GW tainable Organisa- Specialties
of solar and hybrid projects are under The event high- tion 2024’ trophy
construction. lighted futuristic ac- and Mr. Surya Val- Inventys Research Company Pvt. Ltd.
tions by sustainability luri, Chief Sustain-
The company also has the required leaders and achievements in fostering ability Offi cer, accepted the certifi - Kanakia Zillion, Near Kurla Bus Depot, Kurla (West), Mumbai - 400 070. India
land bank for setting up these projects. responsible businesses and a greener cate. Email : CW@inventys.IN Tel: +91.22.714.00.200 Fax: +91.22.714.00.299
150 Chemical Weekly July 9, 2024
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