Page 142 - CW E-Magazine (26-11-2024)

Top Stories Pharmaceuticals

RENEWABLE ENERGY STEPPING UP ENGAGEMENT

RIL to invest Rs. 65,000-cr in Andhra Pradesh Gattefossé opens Technical Centre of Excellence

for 500 biogas plants supporting application development in personal care

Reliance Industries Ltd. (RIL) will Government and RIL. Terming the to the State GDP by aiding industrial and pharmaceuticals
invest Rs. 65,000-crore in Andhra Pradesh MoU a landmark, Andhra Pradesh Chief growth, he said.
to set up 500 compressed biogas plants Minister Mr. N. Chandrababu Naid in a Gattefossé, a family-owned in-
(CBG) over the next 3-5 years. This will post on X (formerly Twitter) said, “Out The Andhra government has intro- dependent business headquartered in
be the biggest investment by the company of Reliance’s national target of 2,000 duced incentives for biofuel projects Lyons, France, and focused on science-
outside Gujarat under its clean energy CBG plants, 500 state-of-the-art CBG under the state’s recently notifi ed based ingredients and excipients for the
initiative. The plants, each involving an plants will be built throughout Andhra integrated clean energy policy. These pharmaceuticals and the personal care
investment of Rs. 130-crore, will be set Pradesh over the next three years.” include capital subsidy of 20% on fi xed industries, has stepped up its engagement
up on wasteland in the state. capital investment on CBG plants for in the Indian market. The company,
The production of around 39-lakh mt fi ve years as well as full reimbursement
A Memorandum of Understanding (metric tonnes) of CBG per annum of state goods and services tax (SGST) which specialises in lipid chemistry and
(MoU) was signed between the State (7,800-mt per plant) will give a fi llip and electricity duty for fi ve years. plant extraction, has recently moved
to a new offi ce space in the Godrej
Provivi and Godrej Agrovet to launch pheromone- commercial complex in Vikhroli, Mumbai,
and opened a new Technical Centre of
based pest control solutions Excellence (TCE) at the same venue to
support application development and
Provivi, a global leader in phero- rights for the ‘FAW Eco-Dispenser’ that enhance productivity. Our partner- support to customers.
mone-based crop protection, and targeting Fall Armyworm (FAW) in ship with Provivi refl ects our commit-
Godrej Agrovet Ltd. (GAVL), a food corn in India. These pheromone-based ment to providing timely, effective sup- To mark the occasion the company
and agri-business conglomerate, have technologies will provide Indian far- port – combining their expertise with organised a customer meet in Mumbai
announced a collaboration to deliver mers with advanced, environmentally our extensive distribution network to on November 15, attended by the senior
sustainable pest control solutions tailored friendly pest management tools. Com- make a real difference for farmers”. management of the company, as well as
for India’s rice and corn farmers. menting on the collaboration, Mr. Balram Mr. Jean-Marc Séré-Charlet, the Consul
Singh Yadav, Managing Director, Mr. Corey Huck, CEO of Provivi, said, General of France.
Under this collaboration, GAVL GAVL, said “With changing climatic “Our goal is to work with trusted partners
will distribute Provivi’s ‘YSB Eco- conditions leading to increased pest like Godrej Agrovet to provide far- Speaking to Chemical Weekly at the
Dispenser’, specifi cally designed to challenges, it’s more important than mers with safer, science-based pest control sidelines of a press conference called
control Yellow Stem Borer (YSB) in rice ever to empower Indian farmers with solutions that support both productivity a day earlier, Ms. Ségolenè Moyrand-
and will hold exclusive commercialisation innovative, sustainable technologies and environmental sustainability.” Gros, Gattefossé Group President –
and the fi fth generation of the founders –
GNFC and Ineos mull world-scale acetic acid facility noted that the modern facilities created facility offering Analytical Services to industry accounts for a sizeable portion
in Mumbai are designed to foster the two. “Our plan is to host key cus- of Gattefossé India’s business, the
in Gujarat innovation, encourage collaboration and tomers in the Technical Centre and personal care ingredients business is also
provide a productive work environment offer pilot facilities that are similar to reporting strong growth. “Historically,
UK’s Ineos Acetyls and Gujarat have held a technology partnership for locally produced acetic acid, reducing the for the team. The Technical Centre, she what our customers would have in their the Indian pharma companies have been
Narmada Valley Fertilizers & Chemicals close to 30 years but will now establish country’s reliance on imports.” Mr. Pankaj added, has ample space to grow, in line plants,” Ms. Moyrand-Gros added. The our focus, and many of them are going
Ltd. (GNFC) have signed an MOU to a new joint venture which will manage Joshi, MD, GNFC, commented that India with market needs, and Gattefossé hopes TCE will address not just local needs, global. In the personal care business, on the
explore the feasibility to build a new bringing this project to market, currently imports around 85% of its annual require- to increase the strength of the TCE from but will address regional demands as other hand, it has been the multinationals
world scale, 600-kt acetic acid plant at forecast in 2028. ments of acetic acid. The proposed JV is about 15 technical personnel now to 20. well, as the competencies here can be located here, but we are also seeing the
GNFC’s site in Bharuch, Gujarat. expected to achieve objective of ‘Make leveraged cost-effectively, and the allo- emergence of strong local brands that
Mr. David Brooks, CEO of Ineos in India’. “Domestication of acetic acid The Indian FDA-approved TCE in cation of projects and resources will be are seeking ingredient suppliers offering
Ineos Acetyls is a leading global Acetyls commented, “India is recognised will serve existing demand and provide Mumbai will now join three others – in by the company’s Scientifi c Research science-based and sustainable products,”
producer of acetic acid globally, while as being a key growth market for our required boost to other evolving down- France, USA and China – and will have Committee in France. Ms. Moyrand-Gros added.
GNFC is the only current producer of products over the coming years and this stream demands saving precious foreign dedicated spaces for Personal Care and
acetic acid in India. The two companies investment will increase much needed exchange outgo,” he said. Pharmaceuticals, as well as a shared While India’s growing pharmaceuticals In pharmaceuticals, the TCE focuses

142 Chemical Weekly November 26, 2024 Chemical Weekly November 26, 2024 143

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