Page 140 - CW E-Magazine (23-7-2024)
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Acetonitrile
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       ENSURING CIRCULARITY
         N,N,N,N-Tetramethyl Ethylene Diamine
       RHI Magnesita seeks policy measures for refractory

       raw material supply security of India


          RHI Magnesita, the Austrian maker     (TMEDA)
       of  refractory products, systems,  and
       solutions, has appealed to the Govern-
       ment of India for strategic policy initia-
       tives to diversify the sourcing of critical
       refractory grade minerals to ensure raw                                                                            DIETHYL HYDROXYLAMINE 85% & 98%
       material supply security.

          This was pressed upon by Mr. Gus-                                                                                                           DEHA 85% & 98%
       tavo Franco, Chief Customer Offi cer of
       the company, during the ‘India-Austria
       Business Meet’ held recently as part of
       Prime Minister Narendra Modi’s  visit                                                                                                              MONO, DI, TRI
       to  Austria.  The  company  has also
       requested policy measures to restrict the                                                                                               DIETHYL TOLUAMIDE
       environmentally harmful landfi lling of
       used refractories and to promote recyc-                                                                                                                    DEET
       ling, which in turn ensures the avail-
       ability of secondary raw materials for
       the industry  and  contributes towards
       building a circular economy.
                                         diversifi ed sourcing network for supply  level  up the reuse of important raw
          Parmod Sagar, Managing Director  security to ensure long term sustain-  materials and push recycling, it said.
       and CEO of RHI Magnesita India Ltd.  ability  of the ‘Make in India’ drive.”
       said, “Refractory products and solu-  India is already a pioneer in recycling   Mr. Parmod informed  that  RHI
       tions are critical for production of  in the refractories sector due to its low  Magnesita India has committed approxi-
       steel, cement, glass, aluminium, energy  reserves of raw materials. However, there  mately Euro 400-mn (Rs. 3,600-cr) of
       and all such products that require high  is still enormous potential, as thousands  phased investment by FY2026 to build
       temperature manufacturing processes.  of tonnes of used but valuable refrac-  and modernise its production capacity
       India, purely for geological  reasons,  tory material is thrown into landfi lls.   in India. Out of this, it has spent about
       lacks domestic sources for critical raw                            Euro 300-mn in last two years in India
       materials like refractory grade magne-  RHI Magnesita  has asked for pre-  for building local capacity. It now has
       site and alumina. With very high import  ventive policy measure on landfi lling.  more than 500,000 tons of local refrac-
       dependency, it is imperative to have a  This would protect  the  environment,  tory production capacity in India.


       L&T subsidiary forms company in Uzbekistan

          Larsen & Toubro International FZE,  med about the formation of ‘Larsen &  of  engineering, supply,  civil, installa-
       a wholly owned step-down subsidiary  Toubro CIS Foreign Enterprise Limited  tion, testing & commissioning works.
       of engineering giant, Larsen & Toubro  Liability Company’.
       (L&T), has announced the incorpora-                                   L&T CIS is a newly formed subsi-                 STAR EXPORT HOUSE
       tion of a company in Uzbekistan.    “L&T CIS is formed for the busi-  diary company and no investment has       GOVERNMENT RECOGNISED
                                         ness  of Engineering Procurement &  been made as of this date,” the com-
          In a stock exchange fi ling, L&T infor-  Construction (EPC) including all kinds  pany said in the fi ling.


       140                                                                      Chemical Weekly  July 23, 2024


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