Page 139 - CW E-Magazine (25-3-2025)
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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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