Page 149 - CW E-Magazine (14-11-2023)

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PROJECT UPDATE DISTRIBUTION DEAL

HPCL biofuels plant begins biomass procurement Lubrizol engages IMCD to expand additives business

CAQM reviews the progress of in Bangladesh
setting up of Second-Generation bio-
refi nery plant at Bathinda, Punjab by Speciality chemicals group, Lubrizol, in India and Africa in part led to the
HPCL worth Rs. 1,400 crore for utiliza- has announced a new distribution agree- new commitment in Bangladesh.
tion of paddy straw to produce ethanol ment with Dutch group, IMCD, to ser-
for blending with petrol. ving the lubricant and fuel additives “Lubrizol has been our partner in
market in Bangladesh. IMCD will dis- India for the past four years, and we are
Hindustan Petroleum Corporation tribute Lubrizol technology to custo- Bangladesh,” said Mr. Flavio Kliger, now excited to strengthen this relation-
Ltd. (HPCL), which is setting up a Sec- mers in the country, enabling them to Senior Vice President and President, ship by expanding into Bangladesh,”
ond Generation (2G) bio-refi nery plant formulate higher-performance fi nished Lubrizol Additives. said Mr. Narendra Varde, Managing
at Bathinda, Punjab at a cost of more fl uids and lubricants. Lubrizol belie- Director, IMCD India & Bangladesh.
than `1,400 crore, has commenced pro- ves the fi nished lubricant market in “Bangladesh is an evolving mar- “With our proven track record of suc-
curement of biomass and this is expec- Bangladesh is expected to grow at a ketplace and requires our dedicated cessfully nurturing and expanding busi-
ted to accelerate in the next few days. tion of paddy straw for production of rates at its full capacity. Approximately CAGR of 3-5%. support,” said Mr. Sanjeev Kaul, Vice nesses in India, bolstered by Lubrizol’s
ethanol for blending with petrol under 100,000-tonnes of biomass will be pro- President, India, Middle East and cutting-edge technology and unwaver-
HPCL has been coordinating the Ethanol Blending Program of the cured in this season for use as feedstock “We see tremendous growth poten- Africa, Lubrizol Additives. Lubrizol ing support from their dedicated team,
with State Government of Punjab, Central Government. The progress of for the plant, which is expected to be tial in South Asia, and that’s why we has previously worked with IMCD to we are confi dent in our ability to rep-
District Administration and Punjab setting up the plant is also being moni- commissioned by this year end. are investing in the region and commit- distribute additives in global markets. licate the success in this region,” he
Energy Development Agency (PEDA) tored by the Commission for Air Qua- ting to fully supporting oil marketers in The companies’ recent mutual successes added.
to streamline and resolve issues lity Management in NCR and Adjoin- The plant will reduce the instances
relating to procurement. Agreements ing Areas (CAQM). of paddy straw burning in Punjab, ADVOCACY GROUP
have been established with Self Help especially in Bathinda District. The
Groups (SHGs) of Bathinda and near- The 2G ethanol plant has a designed impact is already visible, as for the L&T joins Hydrogen Council as Steering Member
by areas for paddy straw procurement, capacity of 100-klpd (kilolitres per period from September 15 to November Larsen & Toubro (L&T) has joined plc, and Co-Chair,
and more than 23,000-tonnes of paddy day) and for this purpose 570-tonnes 1 this year, total paddy stubble burning the Hydrogen Council, a powerful and Hydrogen Council,
straw has already been aggregated. The of paddy straw would be utilised per cases in Bathinda have come down to diverse global CEO-led coalition of said: “With their
2G bio-refi nery is designed for utilisa- day (200,000-tpa), when the plant ope- 294 as against 880 in 2022. 140+ multinational companies dedica- inclusion, we are
ted to advancing the role of hydrogen better positioned to
MINERAL RESOURCES
in the global energy transition. L&T drive progress to-
India in talks with Chile and Bolivia for tapping into joins the council alongside two other wards our common
members. goal of advancing
lithium reserves the global clean
“L&T has been at the forefront of energy transition
India is in talks with Chile and processing set-ups by Indian com- developing sustainable solutions, and through the power
Bolivia for tapping into lithium min- panies who will invest in the South we recognise hydrogen as a key driver of hydrogen.”
ing and sourcing of the mineral key American nation. in our journey towards a clean energy Kawasaki Heavy Industries, Ltd., and
for the country’s switch to green future. By collaborating with like- Co-Chair, Hydrogen Council, said: “The L&T intends to play a prominent
mobility. India imports all major com- minded global leaders and leveraging ethos of these three new members aligns role in fostering collaboration within
ponents that go into lithium-ion our decades long experience in hydrogen, with the Hydrogen Council’s vision the hydrogen industry and enabling
According to a report in the cell manufacturing. The country’s we are eager to contribute to the plat- for hydrogen to foster the clean energy accelerated transition to sustainable
Hindu Businessline, while a “decision lithium-ion import bill for FY23 was forms provided by the Hydrogen Coun- transition for a better, more sustainable, energy. With business initiatives en-
is pending” on acquisition of blocks Rs. 23,171-crore and Rs. 13,673-crore cil to further its mission and objectives,” and more resilient energy future. Together compassing green hydrogen project
in Argentina, for Chile the Mini- in the previous year. Mr. S.N. Subrahmanyan, Chairman & our collective efforts will not only development/EPC, electrolyser man-
stry of Mines is on-course to sign opportunities. In Bolivia, the Mini- Managing Director, L&T, said. transform the energy landscape, but ufacturing, and battery cell manufac-
non-disclosure agreements with the stry is looking at downstream tie- Chile, Bolivia and Argentina also leave a lasting mark on the legacy turing, it is well positioned to provide
government there, identify mines ups, wherein it will facilitate electric account for nearly half of the global Welcoming the new members, of clean energy for generations to integrated solutions to customers across
and blocks, and explore prospecting vehicle (EV) battery making and resource base for lithium. Mr. Yoshinori Kanehana, Chairman, come.” Mr. Sanjiv Lamba, CEO, Linde the green energy value chain.

148 Chemical Weekly November 14, 2023 Chemical Weekly November 14, 2023 149

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