Page 144 - CW E-Magazine (11-6-2024)

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MILESTONE

WAB India celebrates tenth year of operations

The Indian subsidiary of WAB-
Group, a Swiss technology expert in
wet grinding, mixing and fl ow chemi-
stry, recently celebrated its tenth year
of operation with its customers and
employees at a grand event in Navi
Mumbai.

The event included a technical
conference featuring speakers from
industries such as pharmaceuticals,
healthcare, biotechnology, ophthalmology,
agrochemicals, paint & coatings, and
textile dispersions.

Speaking at the event, Mr. Erich Ermel,
CEO of WAB-Group, shared his vision
on the Indian economy and the contribu- term partners, they appreciate the tech- Prof. Dr. Ludovic Gremaud, Pro-
tions WAB-Group can make to boost and nological and productivity advantage fessor of Chemical Process Develop-
strengthen Indo-Swiss relations. they have by using our Swiss techno- ment, HEIA-Fribourg, Switzerland,
logy assembled in India,” he noted. spoke about the new technology
“WAB-Group has been serving the When talking about innovations, he ‘Mechanochemistry’, which can bring
Indian market for decades with equip- pointed to the latest WAB development – revolutionary changes in the produc-
ment for mixing and grinding techno- a mechanochemical reactor in which tion of chemicals and how the WAB
logy and for the last 10 years with its chemical reactions can be carried out in equipment is designed to enable such
own subsidiary. Over the years, WAB- a continuous fl ow, using less solvents innovations. Presenting his studies
Group has continuously invested in the and less energy compared to current on the production of paracetamol, he
Indian market and will continue to do batch processes. “This groundbreaking pointed out how its production can
so in the future,” he said. technology will lead the industry into be achieved without use of solvents
a greener, more sustainable future,” he and lower production time than with
“Our customers in India are long- added. conventional batch processes.

BANKING ON RESEARCH
Indian companies report higher growth in R&D

spends than global peers: Report

The R&D spends of Indian fi rms fi rms during FY16 to FY23 across and changes in the R&D tax regime,”
are growing faster than global fi rms four sectors – chemicals, energy, the report said.
albeit on a low base, according to a aerospace & defence and automobile &
report by Foundation for Advancing components. The report has covered 119 domes-
Science and Technology (FAST India). tic companies and analysed their R&D
“Indian fi rms performed slightly strength in four key parameters such
The study pointed out that the better than the global fi rms in R&D as R&D intensity, publications by reve-
Indian fi rms have reported higher growth and have maintained their nue, patents per billion dollar revenue
growth in R&D spends than global growth despite COVID-19 pandemic and proportion of Ph.D. employees.

144 Chemical Weekly June 11, 2024

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