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       SPECIALITY CHEMICALS

       Pennwhite acquires defoamer business of Sicagen

       India

          PennWhite India Pvt. Ltd. (PWI), a
       wholly owned subsidiary of PennWhite
       Ltd., UK has announced the successful
       acquisition of  the Defoamer Business
       of the Speciality Chemicals Division of
       Sicagen India Ltd., effective February
       14. 2025.

          PWI is the  Indian  subsidiary of
       Middlewich (UK)-based  PennWhite
       Ltd.,  a leading  manufacturer  of anti-
       foam chemistry under the FoamDoctor
       brand. The UK entity was acquired in
       November 2022 by Manali Petrochemi-
       cals Ltd. (MPL), India’s only integra-
       ted manufacturer of polyols and a part
       of  AM  International, Singapore. In
       February 2024, an Indian subsidiary of
       the UK fi rm was incorporated to enhance   L to R: Mr. Venkatesh V, Senior Manager (Operations), Sicagen India; Mr. Senthilkumar
       and accelerate the business development   Neelakandan, Head Operations – India, PennWhite India; Mr. Tobias Tasche, CEO,
       in the Indian market.                         PennWhite, UK and Additional Director, PennWhite India.
                                           “This acquisition of defoamer busi-  products made to the most demanding
          Sicagen has expertise in the deve-  ness by our Indian subsidiary is the fi rst  international  standards, and are com-
       lopment, manufacture and  sale of  step of our longer-term plan to invest  mitted  to bring this value proposition
       defoamer solutions to the fertiliser  in the potential  of the Indian market.  to Indian  customers, including those
       segment. Intellectual  property rights  PennWhite Limited, UK have a 40-year  customers of the newly acquired busi-
       and  the  existing book-of-business are  long history of bringing innovative  ness,” said  Mr.  Tobias  Tasche, CEO,
       included in the sale. No assets or staff  foam control solutions to the most  PennWhite  (UK) and Director, of
       are included.                     demanding international customers, with  PennWhite India.
       TENDER ALLOTMENT

       India Glycols secures ethanol order for gasoline blending

          India Glycols Ltd. (IGL) has been  such as Bharat Petroleum Corporation  ration of India, from its plants in Kashipur
       allocated quantities through tender parti-  Ltd. (BPCL), Indian Oil Corporation  and  Gorakhpur.  While  the  OMCs  have
       cipation for the supply of 18.06- crore  Ltd. (IOCL), and Hindustan Petroleum  awarded contracts for 17.53-crore litres
       litres of ethanol, with an estimated  Corporation Ltd.,  along with private  ethanol worth Rs. 1,227.10-crore, private
       value  totalling Rs. 1,264.20-crore  sector  refi neries  like  Reliance  Indus-  sector refi ning companies have placed
       under the Ethanol Blended Petrol Pro-  tries Ltd. and Nayara Energy Ltd.,  orders for 0.53-crore litres ethanol valued
       gramme (EBPP) for the Ethanol Supply  have awarded contracts.      at Rs. 37.10-crore.
       Year  (ESY) from  November  1,  2024,
       to October 31, 2025, according to the   The company has been allocated   According to the company, addi-
       company.                          quantities for the supply of ethanol pro-  tional tender allocation shall be relea-
                                         duced from damaged food grains (DFG)  sed  separately  by OMCs for ESY
          Oil Marketing Companies (OMCs)  and surplus rice from the Food Corpo-  2024-25.


       142                                                                     Chemical Weekly  March 4, 2025


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