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Top Stories                                                                        Top Stories


 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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