Page 151 - CW E-Magazine (19-11-2024)

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Rajasthan to launch new mining policies Brown Colour, CVC Thermoset Specialties Specialty Modified Epoxy Resin, Functional Reactive Diluents, Liquid
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The Rajasthan government has in- ment Promotion Scheme (RIPS 2024), 25% bonus incentive under the “sunrise pH 6.5 to 7.5
troduced a series of policies and incen- unveiled by Chief Minister Bhajan Lal sectors” category, further enhancing Karntner Montain Indusrie -KMI Micaceous Iron Oxide - MIOX®
tives to revitalise the mining industry. Sharma, the State is rolling out incen- Rajasthan’s attractiveness as a mining Qty: 100MT + Van Barele Silicate Binder for Paint & Plaster, Silicate Binder for Zinc
These initiatives are set to be a major tives aimed at making the region more investment destination. Price: Rs.92 per kg of solution Anticorrosion Coatings, Concrete Hardner.
highlight at the upcoming ‘Rising investor-friendly. RIPS 2024 introduces ex Nashik Denka Construction Chemicals, Styrene and Acetyl Products, Elastomers.
Rajasthan’ Global Investment Summit streamlined procedures, enhances tech- Another major reform is the adop- Interested party please contact: Megasil - Silanes GLYMO, MONO AMINO, DI AMINO, AMEO, VTMO, MEMO, DAMO.
2024, scheduled from December 9 to nology adoption, and offers fi nancial tion of a pre-embedded clearance model Delta Finochem P Ltd. AECI Asphalt Emulsifier and Adhesive
11 in Jaipur. incentives for setting up businesses in for mine auctions. By securing all nece- Gat No. 350, Village-Wadivarhe, Tal-Igatpuri,
Rajasthan. Notably, the scheme has ssary clearances before auctioning Dist. Nashik - 422403.  Mob: +91-7066556037 Jiangsu Ruijia Solvents (Food Grade)
Key announcements include the expanded its list of “thrust sectors” mines, the state aims to enable lessees Email: anupchitale@deltafinochem.in Kuraray Solvents
anticipated launch of the Mineral to include metals – a sector that was to commence operations immediately Dezhou Huiyang Food Texturing, Prolong Shelf Life of Food
Policy 2024 and the M-Sand Policy previously not emphasised in the RIPS after securing the mine. This approach Lianyungang Tongyuan Acetate, Propionates, Formates for Food Grade
2024. Aimed at fostering sustainable 2022 initiative. is expected to reduce delays and opera- OUR IMPORTED PRODUCTS Aekyung Plasticizer, Synthetic Resins.
growth and investment, these policies are tional costs, further encouraging invest-  ZINC CHLORIDE ANHYDROUS 99% POWDER
 ZINC CARBONATE 58%
designed to expand the mining sector’s “The inclusion of metals in RIPS ment in Rajasthan’s mineral sector. With  FULLY REFINED PARAFFIN WAX Siltech Silicons Surfactants
contribution to the state’s GDP, targeting 2024 provides an additional 10% incen- a diverse mineral portfolio, including 22 OUR LOCAL / INDIAN PRODUCTS Radco Thermal Fluids
an increase from the current 3.4% tive for investors in the metals sector major and 36 minor minerals like lead, Vasantha 387 Dow Dowsil Releasing Agents
 STEARIC ACID (RUBBER / WHITE / COSMETICS)
to 5% by FY2030 and a long-term beyond the standard benefi ts. This added zinc, wollastonite, and gypsum, Rajasthan  CALCIUM CHLORIDE (PRILLS / LUMPS / Argenol Laboratories Gold, Silver, Platinum based Ingredients & Antimicrobial Agents
ANHYDROUS - 70% TO 96% ALL GRADE)
goal of 8% by FY2047. These efforts incentive underscores Rajasthan’s remains one of India’s most mineral-rich  STEARATES (ZINC / ALUMINIUM)
also prioritise tackling illegal mining commitment to developing a competi- states. In FY24, the state’s mining reve-  ZINC CHLORIDE 80%-90%-95% & 99% Soken Tecnix Thermal Fluids
 CALCIUM HYDROXIDE (HYDRATED LIME) 90-95%
practices and promoting environmental tive, resource-driven economy,” said nue surpassed Rs. 7,460-crore, refl ect- Vasantha 387 ExxonMobil Hydrocarbon Solvents
stewardship within the industry. a senior offi cial from the state mining ing the potential for signifi cant sectoral CRISIL Johnson Controls/Tyco Chemguard (High Performance Fluorosurfactants)
department. Additionally, the policy growth with the right policy support and SE2B Please contact:
Under the new Rajasthan Invest- offers rare earth elements projects a investor engagement. SHREEJI Megachem Specialty Chemicals (I) Pvt. Ltd.
FINE CHEM PVT LTD (Formerly Known as MGI Chemicals Pvt. Ltd.)
NCLT approves Sadhana Nitro’s acquisition of Calchem Gala No.: 423, 4th Floor, Gundecha Industrial Complex Premises Group Company of Megachem Singapore
Exporters -N- Importers
Co-op. Soc. Ltd., Akurli Road, Kandivli (East), Mumbai 400 101. Office No. 702 & 703, Fairmount, Sector 17, Sanpada, Navi Mumbai - 400705
Industries Tel.: 0091-22-28845476 / 28844891 / 28845471  Mob.: 0091-9322226994 Tel: +91-22-40260957/58 Email: info@in.megachem.com
Email: sfcpvtltd1@gmail.com / alokgoenka_in@yahoo.com
Web.: www.shreejifinechem.net Australia | China | India | Indonesia | Malaysia | Philipines | Singapore | Thailand | UAE | UK | Vietnam
Sadhana Nitro Chem Ltd., a Mumbai-
based manufacturer specialising in inter- Available Regularly for LOCAL / EXPORTS Manufacturer & Dealer of
mediate speciality chemicals, has AMMONIUM CHLORIDE
received approval of its resolution plan 2,4-DI CHLORO PHENOL
for a 100% acquisition of Calchem 2,4,6-TRI CHLORO PHENOL (LR/AR/ Tech./Batterry Grade)
Industries (India) Ltd. from the National CALCIUM CHLORIDE
Company Law Tribunal (NCLT), Mumbai 2,6-DI CHLORO PHENOL (Lumps / Powder/ Dihydrate Crystals)
Bench. This acquisition, approved at a PARA CHLORO PHENOL Modheshwari chemicals KNS ADI
total consideration of Rs. 9.50-crore, Plot No. A-1/1511, GIDC Estate, Ankleshwar-393 002,
Dist. Bharuch, Gujarat. Mobile: 9377512003
will be completed by 27 January 2025 78,000-tpa before ceasing operations Nitro Chem’s existing plant. “By incor- ORTHO CHLORO PHENOL Email: modheshwarichemicals@yahoo.co.in Website: www.modheshwari.in
and would aid in forward integration under the Corporate Insolvency Reso- porating Calchem’s facility and land PARA ANISIDINE
into upstream products, the company lution Process. resource into our organisation, we will be AVAILABLE
informed. able to accelerate our expansion plans ORTHO ANISIDINE
Calchem’s facility, comprising of and strengthen our market position. Due Contact Manufacturers: NATURAL WAX MIXTURE
Established in 1992, Calchem had leasehold and freehold land covering to its proximity to our plant, we will be 109, ‘Udyog Kshetra’, 1st Floor, (MIXTURE OF HYDROCARBONS
been engaged in the production of approximately 14.5 acres (58,000 sq. able to generate operational synergies that Mulund - Goregaon Link Road, Off. L.B.S. Marg, AND PALMITIC ACID)
various chemicals with a combined metres) in MIDC Roha, Maharashtra, will benefi t our shareholders,” Sadhana Mulund (West), Mumbai 400 080.
Please contact:
installed capacity of approximately is located just 250 metres from Sadhana Nitro Chem said in a statement. Tel.: +91-22-67976640, 67976657 S. SHAILENDRA RAO
Email: info@valiantorganics.com
9886340888
18/17
150 Chemical Weekly November 19, 2024 Chemical Weekly November 19, 2024 151

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