Page 152 - CW E-Magazine (12-11-2024)

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CARBON BLACK CONFERENCE

India has potential to emerge as a global export hub

for carbon black

India is increasing its exports of
carbon black, a key input for auto-
motive tyres, to the EU and North
America to fill the gap left by reduced
Russian carbon black supplies, and
has the potential to emerge as a key
supplier to global markets.

This was stated by Mr. Amit
Choudhary, Executive Director, Himadri
Speciality Chemical Ltd., while speaking
at the ‘15th Asia Pacific Carbon Black
Conference’, held in Kolkata from
October 21-23, 2024.

The conference, which featured a
series of keynote sessions, roundtable
discussions, and scientific and technical Mr. Amit Choudhary Dr. Manoj Pant
presentations, saw the participation of According to Mr. Choudhary, global claim, recycle, and reuse are essential in
~500 delegates from over 20 countries, tyre industry is projected to invest $27.3-bn boosting the circular economy. “Sustain-
and over 30 stalls on display. Parti- between 2023 and 2028, with India ability and innovation are shaping the
cipants included key companies like contributing $1-bn through new pro- future of an industry that’s rapidly growing
Aditya Birla Group, Thermax, Epsilon jects. “The global carbon black industry is and foreseeing a huge spurt in demand,
Carbon, PCBL, Birla Carbon, Himadri entering a new phase, with accelerating noting increasing demand in EV tyres and
Speciality Chemical Ltd., Saint Gobain, demand in emerging markets like India and battery components,” he added.
Doright Company Ltd., Thai Tokai Car- across the Asia Pacific region,” he added.
bon, and Morgan Advanced Materials, The global carbon black industry is
among others. ‘Focus on innovation and sustainability’ currently valued at approximately $28-bn
Dr. Manoj Pant, Chief Secretary, and is expected to grow to $42-bn. With
Topics discussed covered diverse Government of West Bengal, who was significant changes in vehicle design,
sectors of the carbon black value chain, the Chief Guest. highlighting the pro- tyres must also evolve to meet these
including tyre and auto components, jected CAGR of 4.8% for the sector and demands. Legacy ASTM blacks may
plastics, conductive carbon black, lab invited industrialists to invest in West no longer be sufficient to address these
equipment, recycled black, and pack- Bengal’s emerging industrial landscape. shifts, presenting new opportunities for
aging. He emphasised that the principles of re- innovation.

DIVERSIFICATION
GFL subsidiary raises Rs. 1,000-crore to drive battery

business

Fluorochemicals company Gujarat Products (GFCL EV), has successfully The funding round was led by the
Fluorochemicals Ltd. (GFL) has an- raised Rs. 1,000-crore at an equity valu- promoters of the INOXGFL Group
nounced that its subsidiary, GFCL EV ation of approximately Rs. 25,000-crore. and included participation from

152 Chemical Weekly November 5, 2024

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