Page 180 - CW E-Magazine (18-3-2025)

Special Report Special Report

by 2026. This growth is largely driven rosive chemical handling risks without Opportunities in the Indian context requirements, all while trying to maintain industry expected to reach $61-bn ing new technologies but implement-
by the demand from these emerging in- compromising performance and enhan- While the potential for growth is cost competitiveness. by 2026, the sector must prioritise ing a holistic approach that considers
sustainable growth. Supportive govern-
environmental impact throughout the
dustries, coupled with a shift in global cing EHS standards. immense, the Indian speciality chemi- Target Your Market More Effectively
supply chains favouring India as a cals sector faces unique challenges. Despite these challenges, the sec- ment policies and industry initi- entire product lifecycle.
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IndiaChemTrade
manufacturing destination. Effi ciency through innovation: The Infrastructure limitations, regulatory tor shows resilience and potential. The atives are fostering an environment
technological edge complexities, and competition from industry’s transformation from bulk where sustainable innovation can As emerging industries continue
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Sustainability in speciality chemicals: In the quest for greater effi ciency, global players are signifi cant hurdles. chemicals to complex, application-spe- flourish. Free for subscribers of Chemical Weekly
to evolve, speciality chemicals will
A growing priority Indian speciality chemical manufacturers However, government initiatives cifi c products create opportunities for IndiaChemTrade provides consolidated trade statistics
play an increasingly vital role in en-
ChemImpex, the trade database, tracks, on a daily
As the speciality chemicals sector are embracing cutting-edge techno- like the Production Linked Incentive those who can overcome these hurdles. Companies that effectively inte- abling sustainable growth, solidify-
of India. The information provided here is based on the
basis, exports and imports of chemicals and related
expands, sustainability has become logies and advanced manufacturing (PLI) scheme (offering incentives products through the major ports in India — a vital annual trade data published by the Directorate General
grate sustainability, efficiency, and ing India’s position as a global leader
more than just a buzzword – it is a processes. worth `1.97 lakh-crore) are providing The path to sustainable leadership innovation will likely lead this trans- in responsible chemical manufactur-
of Commercial Intelligence and Statistics, Government
source of commercial intelligence. Find out on-line
business imperative. Indian chemical a much-needed boost to the sector. With India’s speciality chemicals formation. The key is not just adopt- ing.
companies are increasingly adopting Artifi cial Intelligence is revolutioni- The ‘Make in India’ campaign has put how international markets are moving; where your of India. The database can be searched by: Chemical
ABOUT THE AUTHOR
green technologies and sustainable zing chemical manufacturing through a spotlight on speciality chemicals as competitors are exporting and at what price; where Name/Harmonised Code to obtain the consolidated

practices like waste reduction & interventions like predictive formula- a key area for development. Major imports are coming from and how their prices are trade (import or export) in that item; or by Country to
Raghunath Kelkar, a Chemical Engineer from IIT Delhi, brings over 40 years of expertise in the chemi-
circular economy, bio-based feed- tion development and quality control Indian players like UPL, PI Indus- moving. Download all this data, seamlessly, for a obtain the trade (import or export) in all chemicals and
cal industry. He joined DFPCL in 2013 and has been instrumental in driving the growth of the Industrial
stocks, carbon capture technologies enhancements. Indian companies like tries, and Vinati Organics are expand- small fee — online, anytime, with no hassles. related products between India and that country
Chemicals division. He spearheaded the creation and exponential expansion of the company’s Trading
and enhancement of EHS standards Aarti Industries are implementing AI- ing their global footprint, leveraging business, signifi cantly boosting its scale and profi tability. He was appointed President – Industrial Chemi-
ChemXchange
while delivering superior perfor- driven process control systems that India’s cost advantages and skilled cals in September 2017. As a member of DFPCL’s Internal Board, he plays a pivotal role in shaping
mance. optimize production parameters in workforce. corporate policies and supporting the growth of other business verticals, leveraging his deep industry
Open to all registered users — no subscription required
real-time, leading to signifi cant impro- ChemXchange — the chemical exchange with a difference — is where you can identify your buyers and sup-
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Waste reduction has become a key vements in yield and energy effi- Challenges plyers on-line, any time. This unique platform is free to all advertisers in the print version of Chemical Weekly.
focus area, with companies implement- ciency. The Indian speciality chemical in- Anupam Roy Chowdhury, General Manager – Industrial Chemicals, DFPCL, has 15 years of experi-
ing zero-liquid discharge (ZLD) sys- dustry stands at a critical juncture, the ence in chemicals, petrochemicals, cement and other manufacturing sectors. He has completed his B.E
For more information contact: 022-24044477. Fax: 022-24044450
tems. Aarti Industries, a major Indian The adoption of continuous fl ow sector faces signifi cant hurdles that Email: corporate@chemicalweekly.com or log on to chemicalweekly.com
from Jadavpur University, Kolkata and did his MBA in Finance from Indian Institute of Management,
player, has successfully reduced its chemistry techniques is gaining mo- could impact its trajectory. Calcutta. Prior working with DFPCL he worked with major industry houses like Birla, Bangur etc. in roles
water consumption by 30% through mentum in India’s speciality chemicals like Corporate Strategy and Planning, and Business Development.
such initiatives. sector. This approach allows for more Raw material dependency remains a
precise control over reactions, resulting primary concern. The industry heavily
The shift towards bio-based feed- in higher product quality and reduced relies on imports, making it vulnerable
stocks is gaining momentum, align- waste. Firms like Dr. Reddy’s Labora- to global price fl uctuations and supply
ing with circular economy principles. tories are at the forefront of this tech- chain disruptions.
Gujarat-based Meghmani Organics is nological shift. Indian Institute of Tech-
pioneering the use of castor oil deriva- nology (IIT) Bombay has established Profi tability pressures have inten-
tives in its products, reducing reliance a Centre of Excellence in Continuous sifi ed. Many producers are struggling
on petroleum-based raw materials. Flow Chemistry, collaborating with with poor demand amid the global Missed a copy !!!
Indian Government’s recent focus and industry partners to develop and scale economic slowdown, while simultane-
Ministry of Power’s CCUS Mission for up these technologies. ously facing competition from cheaper For Digital Edition of this month’s issue & all other past issues
carbon capture research is expected to imports.
spur innovation in carbon capture tech- Process intensification tech-
nologies. Firms like Reliance Indus- niques, such as microreactor techno- Inadequate R&D infrastructure Visit www.hpicindia.com
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Mrs. Usha S. - usha@hpicindia.com
cal production. approach not only improves product globally. While Indian companies PDF copies available for download
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acid usage by 50-60%, mitigating cor- ceutical sectors. safety standards, and compliance

180 Chemical Weekly March 18, 2025 Chemical Weekly March 18, 2025 181

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