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       SPECIALITY CHEMICALS MANUFACTURING                                                                            using India’s fi rst commercial product  tive, reliable,  and reusable launch  and  People’s  Archive  of  Rural  India
                                                                                                                     in E-band spectrum; Indra Water, utilis-  vehicles.  In the social  category,  the  (PARI), which works to preserve rural
       Rossari inks MoU with Petro Rabigh                                                                            ing a decentralised and modular water  winners included AssisTech Foundation, an  India’s stories through a digital archive.
                                                                                                                     treatment  system to recycle  sewage/  assistive technology focused ecosystem
          Rabigh  Refi ning  &  Petrochemical                                                                         industrial wastewater and Skyroot Aero-  that supports  and  promotes disability   National  Payments Corporation of
       Company (Petro Rabigh), a joint ven-                                                                          space, providing cost-effective and  technology  start-ups; Rocket Learn-  India (NPCI)  won the ‘Global Game-
       ture  between  Saudi  oil  giant  Aramco                                                                      on-demand  access to space  for global  ing, which is aiming to transform early  Changer  Award’  for  democratising
       and Japan’s Sumitomo Chemical,  has                                                                           satellite operators  through  cost-effec-  childhood education at the grassroots  digital payments in India and globally.
       inked a MoU with Rossari International
       for  the  development  of  propoxylates                                                                       SUPERIOR ADHESION PROPERTIES
       and  ethoxylates  manufacturing  in
       Rabigh, Saudi Arabia.                                                                                         Cosmo Specialty Chemicals launches new heat seal
          Mumbai-based Rossari is engaged                                                                            coating solution
       in the production of speciality enzymes  ing innovation in critical  sectors such  cal  market  in  Saudi  Arabia  and
       and chemicals for  use in the pharma-  as construction and personal care.  beyond.                               Cosmo Specialty Chemicals, a
       ceuticals,  personal care, construction,                                                                      100% subsidiary of packaging  major
       and other industries. It will source the   “Aligned with Vision 2030, the initi-  Rossari will supply the poly ethy-  Cosmo First, has launched Coseal-601 –
       ethylene  oxide  and  propylene  oxide  ative will contribute to the Kingdom’s  lene glycol (PEG) used in the produc-  a heat seal coating solution.
       from Petro Rabigh to manufacture the  industrial self-suffi ciency and economic  tion  of  polycarboxylate  ether  (PCE)
       ethoxylates.                      growth,” it added.               by Sika’s Saudi Arabian subsidiary.           According  to  the  company,  per-
                                                                                                                     formance data showed  Coseal-601
          According to Petro Rabigh, the col-  In another development,  Rossari   “This strategic partnership will see   achieving superior sealing strength
       laboration is a key step in strengthening  and  Swiss  speciality  chemicals  fi rm  the combination of Sika’s advanced   compared to market alternatives, parti-
       Saudi  Arabia’s  speciality  chemicals  Sika’s  Saudi Arabian  arm  also  signed  technologies with Rossari’s specialised   cularly in the crucial 120-160°C
       industry,  supporting local production,  a non-binding MoU  to collaborate on  capabilities to develop quality concrete   temperature range. “The product has
       reducing import dependency, and foster-  expanding  the  construction  chemi-  additives and admixtures,” Sika stated.  demonstrated  exceptional  versatility
                                                                                                                     across both 2-ply and 3-ply aluminium
       RECOGNITION                                                                                                   foil laminated structures, making it
                                                                                                                     ideal for diverse packaging applica-
       Seven innovators recognised during ‘Indian                                                                    tions,” it added.

       Innovation Icons 2025’                                                                                           The  Coseal-601 coating  is said to
                                                                                                                     offer several advantages with its ready-
          Marico  Innovation  Foundation                                                                             to-use formulation for immediate appli-  high-speed manufacturing and superior  fi cant  breakthrough  in  heat  seal
       (MIF) recently honoured seven ‘game-                                                                          cation, superior adhesion to aluminium  resistance to water and oil.  coating technology.  The product’s
       changing’  innovators  across various                                                                         foil laminate structures, optimal sealing                           superior performance, particularly in
       business and social  categories  at its                                                                       performance at 120-140°C, low coeffi -  Mr. Raj Sharma, Business Head  high-speed manufacturing  environ-
       10th edition of the ‘Indian Innovation                                                                        cient of friction with a block-free formu-  of Cosmo Specialty Chemicals, said,  ments, has resonated strongly with our
       Icons’ event organised in Mumbai.                                                                             lation,  enhanced  compatibility  with  “Our  Coseal-601  represents a  signi-  customers.”

          MIF was set up by leading business-
       man and philanthropist Harsh Mariwala                                                                         Shell’s acquisition of Raj Petro Specialities
       in  2003  as  the  not-for-profi t  arm  of
       Marico Ltd., the FMCG major founded                                                                           gets CCI nod
       by him.
                                         addressed India’s biggest business and  included Chara  Technologies, deve-    Global energy conglomerate  Shell  Overseas Investments B.V. acquiring  products  derived  from  refi ned  crude
          The seven innovators were identi-  social challenges, as determined by an  loping rare-earth magnet-free  electric   Group has received  the  Competition  100 percent equity in Raj Petro.  feedstocks.  With its acquisition,  Shell
       fi ed through two rigorous jury rounds  independent jury with support from our  motor systems for EVs and industrial   Commission of India’s (CCI) approval                        is seeking to strengthen its footprint in
       led by business and social impact  Knowledge Partner, Deloitte India.  machinery;  Astrome  Technologies,     for its proposed acquisition of Raj Petro   Raj Petro  Specialities, known  for  India’s petrochemicals  and  lubricants
       experts  from  a  pool  of  over  1,000                            advancing wireless  telecommunica-         Specialities Pvt. Ltd. The deal involves  its  expertise  in  hydrocarbon  chemistry,  market.  The  fi nancial  details  of  the
       applicants showcasing innovations that   The winners in the business category  tion services in rural and remote areas   Shell  Deutschland GmbH and Shell  produces advanced petro-speciality  transaction were not disclosed.

       138                                                                    Chemical Weekly  March 25, 2025        Chemical Weekly  March 25, 2025                                                                 139


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