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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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