Page 138 - CW E-Magazine (25-6-2024)
P. 138
Top Stories
For a consistent supply of High Purity Grade
senkrupp nucera, spoke about his how
working career in thyssenkrupp started
in India and how it enriched his future
career graph.
Mr. Jayant Dhobley, Business Head
and CEO of Global Chemicals, Fash-
ion Yarns & Insulators, Aditya Birla
Group, said that the chemical industry
cannot be built without “suffi cient and
continuous focus” on ensuring zero
harm to the society and environment.
The chlor-alkali industry is very
energy intensive, he said and added,
“A large part of the power the industry
consumes today comes from burning
fossil fuels. We cannot hope to continue
doing so for long and there is a need to Mr. Jayant Dhobley
decarbonise rapidly”. He also empha- chlorine by roads and emphasised the issues,” he emphasised. Mr. Raj Tiwari,
sised the challenge of effl uent treatment need for integrated operations to reduce CEO, Specialty Chemicals & Whole
in the chlor-alkali downstream industries. this dangerous practice. Time Director & Global CSCO, UPL
Ltd., said that the role of electrolysers
Mr. Dhobley noted that the chlor- “The chlor-alkali industry holds in driving the clean energy transition
alkali industry in India has grown in a huge promise in India and will deve- will help change the negative percep-
unique way driven by caustic soda rather lop because of the large consumer tion of the chemical industry. He said
than chlorine as is the case globally. base, but it is also an industry that with the emphasis on sustainability, in
needs to get a grip and solve issues like the next 10 to 20 years, more than 50%
He also highlighted the issue of the decarbonisation, safety, treatment of chemicals would be produced from
transportation of huge amounts of of chlorine byproducts, among other green sources.
EXPERT VIEWS
Global caustic-chlorine demand to grow at 9%
CAGR; chlorine to play a bigger role in India’s
chlor-alkali growth story
Speaking at thyssenkrupp nucera renewable energy. The share of renew- 2024. “There are only three regions
India’s chlor-alkali symposium, Mr. able energy in overall energy mix and globally where regional GDP rates are
Stefan Karrenbrock, Head of Global installed capacity has been growing in above the global average and electricity
Sales Chlor-Alkali at thyssenkrupp Europe, as well as globally. prices are below the average of electri-
nucera, mentioned that the global infl ation city costs – the Middle East, China and
rate is seen to be falling this year and “This rising share of renewable India. This is also refl ected currently in
the global gas prices has refl ected the energy is a good development for the the project pipelines and for increase of
same development and dropped almost chlor-alkali sector, given the need for nameplate capacities currently in the STAR EXPORT HOUSE
back to pre-Ukrainian war levels. the sector to decarbonise,” Mr. Karren- world,” he pointed out. GOVERNMENT RECOGNISED
brock said.
The extreme increase in energy The global caustic soda nameplate
prices in Europe, post the Ukrainian He noted that the global GDP capacity was estimated at 101.3-mtpa in
war, was a trigger to invest further in growth is expected to decelerate in 2023 and expected to grow to 105-mtpa
138 Chemical Weekly June 25, 2024
Contents Index to Advertisers Index to Products Advertised