Page 124 - CW E-Magazine (5-3-2024)

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shifted to growth regions of Asia and
North America, and a step-change is
expected in the emphasis on India,
which even today has all ten Business
Units (BUs) represented. Production
plants in Jhagadia serve multiple BUs,
including Rhein Chemie (RC), Liquid
Purifi cation Technologies (LC) and
Material Protection Products (PP),
while the Nagda site mainly produces
intermediates that go into fragrances
and fl avours. While LANXESS India
reported sales of €316-mn in 2022,
sales for 2023 is pegged a bit lower
at €310-mn – indicative that the sharp
reduction seen for the company as a
whole has largely spared India.
volatile organic compounds (VOCs) market,” said Mr. Zachert in a state-
With the Indian chemical market and therefore, environmentally friendly. ment.
expected to grow at a CAGR of 5.9%
for 2024-2026, compared to a world The new production line features Speaking about the sustainability
average growth of 3.6%, LANXESS is state-of-the-art equipment and techno- initiatives of the India operations,
optimistic of its future even in the near- logy, allowing LANXESS to produce Mr. Zachert complimented the Indian
term. high-quality technology tyre release team for its projects that has seen the
agents more effi ciently. substitution of coal by biomass at boilers
Rhenodiv production plant expansion at Jhagadia and Nagda; the use of green
In India, the RC BU, recently “India is an important region for power at the Jhagadia site through
completed expansion of its Rhenodiv us and this strategic milestone refl ects power purchase agreements; and several
production plant at Jhagadia to meet our commitment towards meeting the process improvements at both sites.
the growing demands of tyre and rubber growing demands of our valued cus- Thanks to these initiatives the India
goods manufacturers in the Indian tomers in the region. The new faci- operations achieved 84% climate neutrality
sub-continent and the rest of Asia. lity not only amplifi es our production in India, and is aiming for a 150-kilo-
These tyre release agents are strictly capacity, but also showcases our faith tonnes of absolute CO e reduction in
2
water-based, solvent-free and free of in the immense potential of the Indian 2024.

AGROCHEMICALS
Corteva Introduces novel nematicide in Indian market

Corteva Agriscience, a global leader that feed on the roots of organisms essential for
in agriculture solutions, has announced horticultural crops such as soil health.
the launch of Salibro nematicide in capsicum, cucumber, toma-
India. This innovative product, powered to and brinjal. These nema- Salibro is compatible
by the active, Reklemel, provides farmers todes are notoriously diffi - with bacterial and fun-
with a targeted and environmentally cult to identify and control. gal-feeding nematodes,
friendly solution to protect their crops With its unique formula- as well as beneficial
from damaging nematodes while pre- tion, Salibro delivers an soil macrofauna, such
serving soil health. effective kill of damaging as earthworms and soil
nematodes while demon- mites, ensuring a balanced
Plant-parasitic nematodes are strating high selectivity, and thriving soil eco-
microscopic organisms found in soil sparing beneficial soil system.

124 Chemical Weekly March 5, 2024

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