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       COLLABORATION                                                                                                 RECOGNITION

       UPL University signs MoU with ISRO to advance                                                                 IIChE-Pune confers ‘Life Time Achievement Award’

       research in chemical sciences                                                                                 on Y.H. Gharpure

          UPL University of Sustainable                                   partnership  will provide our students        The Indian Institute of  Chemi-                                     Mr. Gharpure has contributed to
       Technology, an initiative by agrochemi-                            and faculty with unique opportunities to   cal Engineers (IIChE), Pune Regional                                the chemical engineering profession by
       cals major, UPL Group, and Space                                   engage in cutting-edge research. With      Centre, has conferred its ‘Life  Time                               relevant technology scouting and success-
       Application Centre (SAC) of the Indian                             this, UPL University remains dedicated     Achievement Award’ on Mr. Yashwant                                  fully commissioning several projects,
       Space Research Organisation  (ISRO),                               to forging new partnerships and colla-     H. Gharpure, former Chairman and                                    including ones based on indigenously
       have signed Memorandum of  Under-                                  borations that will further strengthen our   Managing Director, Hindustan Antibio-                             developed technologies.
       standing (MoU) to advance research                                 position as a leader in academic excel-    tics Ltd. (HAL), for his contribution to
       and innovation in chemical sciences.                               lence, research innovation, and societal   chemical industry  and  chemical engi-                                 “In recognition of his outstanding
                                                                          impact.”                                   neering profession  over nearly seven                               managerial skills and contribution to the
          The  partnership will  focus on re-                                                                        decades.                                                            society in general and Chemical Engi-
       search in chemical applications within  and  Co-CEO, UPL Group, added,   In addition to ISRO, UPL Univer-                                                                         neering profession, in particular, the
       materials  science  &  related  fi elds  and  “UPL University’s partnership with  sity has established MoUs with nation-  Mr. Gharpure is a double graduate  General Manager and then rising to  Indian Institute of Chemical Engineers,
       provide access to cutting-edge research  ISRO is a signifi cant step toward fos-  al research organisations such as the   from Pune University and LIT Nagpur.  become Managing Director of HAL,  Pune Regional Centre is pleased to
       facilities,  specialised expertise, and  tering a culture of research and deve-  Council of Scientifi c and Industrial Re-  Over the past nearly seven decades he  Pune and Chairman of two of HAL’s  confer Mr. Gharpure with a Life Time
       data resources to faculty and students.  lopment that will benefi t both the aca-  search (CSIR), including the National   has had a diverse career including as  subsidiaries. He has been also Director  Achievement Award,” read the citation
                                         demic community and the industry at  Environmental Engineering  Research    R&D Scientist, Shift Engineer, Senior  of various other organisations including  presented to Mr. Gharpure on the occa-
          Speaking about the partnership,  large. With over 170 active MoUs and  Institute (NEERI) and the Institute of   Chemical Engineer,  Project Manager,  Haffkine Institute and Ajanta Pharma.   sion.
       Dr. Nilesh Desai, Director SAC of ISRO,  partnerships, which include industry  Chemical Technology (ICT), Mumbai.
       said, “Our collaboration with UPL Uni-  leaders like Lanxess India, Lupin, Sie-  “These  collaborations enhance  the re-  Elkay Chemicals opens silicones R&D centre in Pune
       versity underscores the importance  of  mens, and Colourtex, we are addressing  search capabilities in environmental
       academic partnerships  in  advancing  real-world challenges”.      engineering, chemical  sciences, sus-         Pune-based silicones player, Elkay   “This new  facility aims to push  of-the art lab equipment and is staffed
       scientifi c research and technology.”                               tainable technologies, and more, cater-    Chemicals, has announced the opening  the boundaries of silicone technology,  by a team of skilled researchers, chem-
                                           According to Mr. Ashok Panjwani,  ing to the needs of nearby industries,”   of its ‘Prof. Somasundaran R&D Cen-  driving advancements in various ap-  ists, and engineers. It will focus on deve-
          Mr. Vikram  Shroff, Vice-Chairman  President of UPL University, “This  the University informed.            tre for Silicone Innovations’ at Bhosari,  plications, from  healthcare, textiles,  loping innovative silicone-based solu-
                                                                                                                     Pune.  The centre  was inaugurated  construction, personal care, and pharma-  tions that offer improved performance,
       Aegis Logistics arm, Aegis Vopak Terminals, looking                                                           Dr. Sunil Bhagwat, Director, IISER-Pune  ceuticals to petrochemicals and con-  sustainability, and cost-effi ciency.  The
                                                                                                                     in presence  of scientists  and industry  sumer goods,” the company informed.  company operates a manufacturing
       at options to fund growth in India                                                                            leaders like  Dr. Brij Moudgil and                                  facility in Bhosari and another one in
                                                                                                                     Dr. Avinash Kulkarni.                The centre is equipped  with state-  Lote (also in Maharashtra).
          Aegis Vopak Terminals  Ltd.                                        AVTL lays claim to being India’s
       (AVTL), a joint venture (JV) between                               largest independent tank storage com-
       Aegis Logistics and Dutch multi-                                   pany  for  LPG  and  chemicals  with  a
       national Royal  Vopak, is exploring                                capacity of nearly 9.6-lakh cubic metres.
       options to fund future growth in India.                            It operates network of terminals lo-
                                                                          cated  in  fi ve  strategic  ports  in  the
          “These options  may  include                                    country.
       among others a potential fund raise by
       way of public issue, preferential issue                               According to a CNBC-TV18
       or combination thereof of the equity                               report, the company is looking to
       shares and debt for the JV company                                 raise nearly Rs. 4,500-crore through an
       and as may be decided by the AVTL                                  initial  public offering (IPO). Being  a
       board.  No  fi nal  decisions  have  been                           complete  fresh  issue,  the  entire  pro-
       made at this point in time and there                               ceeds will come into the company and
       is no certainty on the outcome of  options,” the company said in a press  is expected to be used for expansion
       this exploration of growth funding  statement.                     purpose.


       142                                                                      Chemical Weekly  July 23, 2024       Chemical Weekly  July 23, 2024                                                                  143


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