Page 149 - CW E-Magazine (1-7-2025)
P. 149

Pharmaceuticals                                                                    Fertilisers


 PHARMACY OF THE WORLD  RAW MATERIAL SUPPLY

 70% vaccines sourced by WHO, 14% generics   SECI issues green ammonia tender to accelerate

 imported by US are from India: Minister  fertiliser sector decarbonisation

 Union Minister of State for Health   of generics imported   The Solar Energy Corporation of   Ammonia, an essential component  delays from fertiliser companies. This
 Ms. Anupriya Patel said 70 percent of   by the US come   India  Ltd. (SECI), a  company under  in urea and other nitrogen-based fertil-  gives suppliers the assurance of steady
 total vaccines sourced by the  World   from India while   the Ministry of New and Renewable  izers, is currently produced using fossil  cash  fl ows,  encouraging  greater  parti-
 Health Organization (WHO)  and 14   India  also has the   Energy (MNRE), has issued a tender  fuels, leading to high greenhouse gas  ci-pation  and  fi nancing.  The  bidding
 percent of generics imported by the US   maximum number   for offtake of green ammonia, aimed at  emissions. SECI’s tender  leverages  process will follow SECI’s e-reverse
 are from India. She was speaking at the   of US FDA (Food   decarbonising India’s fertiliser sector.   renewable energy to produce green  auction  model,  ensuring competitive
 inaugural session of the Second Policy-  and  Drug Adminis-  hydrogen and ammonia,  promoting  and transparent price discovery.
 makers’ Forum organised by the Indian   tration) recognised   With  fi nal  bid  submissions  due  low-emission,  domestic  fertiliser
 Pharmacopoeia  Commission (IPC) in   drug manufacturing   shortly,  the tender calls for  the pro-  production.  India consumes approximately 17-19-
 New Delhi recently.  plants,” the minister   duction and supply of 724,000 tonnes   million tonnes  of  ammonia annually,
 said.  of green ammonia  annually  across 13   To  ensure  fi nancial  viability,  the  with more than  50%  of  its hydrogen
 The forum aims to promote the recog-  fertiliser  plants, under the Strategic  government is offering fi nancial incen-  requirement  used  in  fertiliser  produc-
 nition of the Indian Pharmacopoeia   “70% of our   Interventions for Green Hydrogen  tives under the National Green Hydro-  tion. However, most of this is derived
 and collaboration in India’s  initiative   generics are exported   Transition (SIGHT)  Scheme –  Mode  gen Mission, with  Production  Linked  from imported natural gas. SECI’s ini-
 for fl agship affordable medicines – the  continues to be a leading supplier of  to the highly regulated markets and   2A, Tranche I.  Incentives  (PLI)  of  Rs.  8.82/kg,  tiative is expected to drastically cut this
 Pradhan Mantri Bhartiya Janaushadhi  vaccines. “As much as 70 per cent of  our pharmacopeial regulations  are   Rs. 7.06/kg, and Rs. 5.30/kg for the fi rst  dependence, reduce exposure to global
 Pariyojana (PMBJP).  Policymakers  WHO’s total vaccines are sourced from  regularly visited to meet the global   SECI will anchor demand aggrega-  three years respectively- amounting to  gas  price  fl uctuations,  and  lower  the
 and drug regulators from 24 countries  India,” she said. India started the  benchmarks,”  Ms.  Patel  observed.   tion and sign long-term offtake agree-  a total support of Rs. 1,533.4-crore. A  trade defi cit. Producing green hydrogen
 participated in the forum.  ‘Vaccine Maitri’  initiative during  the  “We have retained the WHO’s Global   ments, providing producers with mar-  robust Payment Security Mechanism  emits less than 2 kgs of CO  per kilo-
                                                                                                  2
 COVID-19 pandemic and supplied  Benchmarking  Tool (GBT) frame-  ket certainty over a 10-year contract  (PSM) is also committed by the govern-  gram, compared  to up to 12 kgs CO
 In her  address, Ms. Patel  empha-  vaccines to more than 100 friendly  work, Maturity Level 3 (ML3) status   period.  ment to de-risk potential payment  from conventional grey hydrogen.  2
 sised India’s commitment  to ensuring  countries, she informed.  which refl ects the robustness of India’s
 equitable  access  to  quality-assured   regulatory framework.  Presently, 15   TRADE TRENDS
 medicines and stressed the importance   “India continues  to be a leader  in  countries  in  the world  recognise
 of  regulatory harmonisation in  facili-  drug manufacturing, especially when it  Indian Pharmacopeia as a book of   Fertilisers import by India dips 44% in May
 tating global health equity. She said India  comes to generic medicines. 14 per cent  standards for drugs,” she said.
          Import of  fertilisers dropped 44                                  According to fertiliser  ministry
 Sigachi inaugurates R&D centre in Hyderabad  percent in May this year as global prices   data, import of urea, DAP, MoP and
                                                                          complex  fertilisers  dropped  to  8.07-lt
       of Di-ammonium  Phosphate  (DAP)
 Sigachi Industries Ltd. has opened   geted investment of up to $1-mn   and Muriate of Potash (MoP) shot up.   in May from 14.36-lt in the same year-
 its new  R&D  centre in Hyderabad as   to support priority  APIs  and    ago period.
 it looks to accelerate the development   complex intermediates.  According to industry observers
 of critical APIs and  enhance  in-house    Focus resources effectively   there may be more imports in June as   According to industry experts, not
 analytical capabilities.   by aligning the pharma  product   the  government has reportedly  told   only fi nished DAP, the rates of its raw
 portfolio to  strategic therapeutic   companies  to adjust losses now when   material,  which is needed to be im-
 “The facility is poised to play a key   segments.  subsidy for the  Rabi season is an-  ported to produce domestically, have
 role in advancing Sigachi’s innovation   nounced.  ing stock of urea, DAP, MOP and com-  also increased.  The price of imported
 roadmap and enhancing its responsive-  Commenting  on this deve-  plex on June 1 was at 136.69-lakh tonnes  phosphoric acid (CFR) has increased
 ness to global regulatory demands,” the   lopment, Mr.  Amit Raj Sinha,   While imported DAP prices (CFR)  (lt), which is suffi cient to meet demand  by about 11.29 percent to $1,055/tonne
 company said in a press note.  Managing Director and CEO of   touched  $781/tonne  before  the  Israel-  for the month estimated at 59.42-lt, the  in May from $948/tonne year-ago. But
 Sigachi said, “This R&D centre   Iran war from an average of $724/tonne  situation in DAP in particular does not  the price of imported  rock phosphate
 The company said the centre is   is a strategic asset that will signi-  in May, MoP surged to $349/tonne  look  comfortable.  Offi cial  data  show  (CFR) has been nearly fl at during last
 designed to:  advanced systems for seamless syn-  fi cantly  strengthen  our  development   from average $282/tonne.  that the closing stock of DAP on May  few months and was at an average of
   Strengthen API  development  and   thesis, analytics, and global fi lings.  capabilities  and enable  us to respond   31 was 12.43-lt whereas demand for  $173/tonne in May, against $175/tonne
 regulatory alignment by integrating    Fuel pipeline  growth through tar-  swiftly to market needs.”  Though government said that open-  the month was pegged at 10.62-lt.  year-ago.


 148  Chemical Weekly  July 1, 2025  Chemical Weekly  July 1, 2025                                     149


                                      Contents    Index to Advertisers    Index to Products Advertised
   144   145   146   147   148   149   150   151   152   153   154