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       SAFER TRANSPORTATION

       Reliance commences pipeline supplies of EO

       to Sterling Auxiliaries

          In a landmark  event  for the  trans-  safety  considerations.  However,  EO  is   tions, lubricants, paint solvents and
       portation of ethylene oxide (EO) in  transported  through  specially  designed   plasticisers);
       India, the fi rst supplies of this hazardous  custom-built railcars. These are double-     Glycol ethers (used in brake fl uids, deter-
       chemical by pipeline have commenced  walled and fi tted with satellite tracking   gents and paint and lacquer solvents);
       from the  Dahej  EO plant  of Reliance  equipment as per regulations.     Ethanolamines (used in soaps, deter-
       Industries  Ltd.  (RIL),  to  the  adjacent                           gents,  natural  gas  purifi cation  and
       site of Sterling Auxiliaries Ltd., a lead-  In India, EO is allowed to be   textile fi nishing); and
       ing  supplier  of  EO  derivatives  and  transported by road and is shipped in   Ethoxylated products of starches and

       other chemicals. EO transportation by  7.5/16-tonnes pressurised road tankers.   fatty alcohols (used in detergents, sur-
       pipeline has been talked about for some  RIL, the sole merchant supplier of EO,   factants, emulsifi ers and dispersants).
       time,  and, despite the delays this is a  has  optimised  supplies  from  its  three
       milestone in the transportation of EO,  production  centres  to  minimise  trans-  India does have extensive pipeline
       which is currently only transported by  portation  distance.  As  a  result,  EOD  grids for ferrying natural gas, crude oil,
       road, mostly in western India. The bene-  producers  in  Maharashtra  are  mainly  and refi ned petroleum products (especi-
       fi ts in terms of safety are substantial.  supplied  from  its  Nagothane  (Maha-  ally LPG), but pipelines for chemicals
                                         rashtra) EO plant; while EO consumers  are  few.  But  their  safe  operations  for
          The  pipeline  supply  that  has  now  in Gujarat receive supplies from Dahej  several decades should encourage plan-
       commenced is across the road between  and Hazira.                  ners to permit more to be built. About
       the two nearby sites, and is via an under-                         four years ago, rules were framed and
       ground pipe within a pipe, with the outer   Purifi ed EO is used in the produc-  permission granted for pipelines to
       pipe carrying nitrogen and the inner one,  tion of:                transport chlorine gas (not chlorine liq-
       EO. In most developed countries, trans-     Poly(ethylene)  glycols  (used  in  uid) with the caveat that it be restricted
       port of EO in road tankers is banned due   cosmetics, pharmaceutical prepara-  within industrial estates.

       RAISING FUNDS
       Godavari Biorefi neries moves ahead on IPO plans

          Godavari  Biorefi neries,  a  leading  general corporate purposes. The Offer  (3-Methyl-3-Penten-2-One) worldwide
       manufacturer  of  ethanol-based  chemi-  for Sale (OFS) includes up to 4,926,983  in terms of installed capacity. It is one
       cals,  has  fi led  its  Draft  Red  Herring  equity shares by Mandala Capital AG  of  only  two  manufacturers  of  natural
       Prospectus (DRHP) with the Securities  Ltd.,  up  to  500,000  equity  shares  by  1,3-butylene glycol and the only com-
       and  Exchange  Board  of  India  (SEBI)  Somaiya Agencies Pvt. Ltd., up to 200,000  pany in India to manufacture bioethyl
       to raise funds through an initial public  equity  shares  by  Samir  Shantilal  acetate, according to a Frost & Sullivan
       offering (IPO). The company is planning  Somaiya, up to 200,000 equity shares  Report.  The  company  has  established
       fresh issue of equity shares aggregating  by  Lakshmiwadi  Mines  and  Minerals  India’s  fi rst  bio-based  EVE  (Ethyl
       up to Rs. 325-crore and an offer for sale  Pvt. Ltd., up to 300,000 equity shares by  Vinyl  Ethers)  manufacturing  facility
       of up to 65,26,983 equity shares of the  Filmedia Communication Systems Pvt.  as of March 31, 2024, according to the
       face value of Rs. 10 each.        Ltd., and up to 100,000 equity shares  report. Godavari Biorefi neries’ diverse
                                         by Somaiya Properties and Investments  portfolio comprises  bio-based chemi-
          The company plans to utilise the net  Pvt. Ltd.                 cals, sugar, different grades of ethanol
       proceeds  from  the  fresh  issue  to  fund                        and power. Its products fi nd application
       the repayment or pre-payment, in full   As of March 31, 2024, the company  in  a  range  of  industries  such  as  food,
       or in part, of certain outstanding borro-  has  the  largest  integrated  bio-refi nery  beverages, pharmaceuticals, fl avours &
       wings  amounting  to  Rs.  240-crore.  in India in terms of installed capacity  fragrances,  power,  fuel,  personal  care
       The remaining amount will be used for  and is the largest manufacturer of MPO  and cosmetics.

       134                                                                     Chemical Weekly  June 25, 2024


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