Page 137 - CW E-Magazine (8-10-2024)

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SUNSHIELD

DRIVING SOCIAL IMPACT C H E M I C A L S L T D

Gharda Chemicals sets up innovation foundation to
Improving performance through Science
fund entrepreneurs

Gharda Chemicals, which makes Specially Formulated Products For Diverse Industries
pesticides, veterinary drugs and poly-
mers, launched the ‘KHG Innovation SURFACTANTS
Foundation’ on September 25, to back
entrepreneurs working on technolo- Ethylene Oxide and Propylene Oxide Condensates of
gies that can address gaps and drive Alkyl phenols: > Nonyl Phenol > Octyl Phenol > Styrenated Phenol
social outcomes. It will seek to identify, Fatty Alcohols: > Lauryl Alcohol > Cetostearyl Alcohol > Tri Decyl Alcohol
nurture and sustain innovation for pro-
found social impact. > Specialty Synthetic Alcohols
Fatty Amines: > Oleyl Amine > Stearyl Amine > Tallow Amine > Coco Amine
The foundation, which has been
set up in partnership with the Anjani Fatty Acids: > Stearic Acid > Oleic Acid
Mashelkar Foundation, will back entre- Vegetable Oils: > Castor Oil > Groundnut Oil > Soyabean Oil
preneurs focused on manufacturing
in core engineering and healthcare Other than capital, the foundation neurship, is key to achieving that status. OTHER SPECIALTY ETHOXYLATES
technologies with an underlying social will also provide mentorship, guidance Establishing KHGIF is one among THEIC > For Insulation wire enamels and as secondary PVC stabilizer
impact. and strategic advice from industry several such efforts that would be HQEE > Chain extender for Polyurethane
experts and thought leaders to the required as we proceed towards deve-
“The foundation is funded by startups. loping that capability,” Dr. Gharda was Poly oxypropylene and Poly oxyethylene derivatives of
Dr. Gharda’s personal wealth and the quoted as saying in the statement. > Fatty Alcohols > Glycerin > EO PO Block co-polymers
profi ts from the holding company,” said “KHGIF shall also have tailored
Mr. Nilesh Kulkarni, Director, Gharda programmes that support for-profi t “This partnership will propel dis- ANTIOXIDANTS
Chemicals. The holding company is and not-for-profi t enterprises alike and ruptive, game-changing innovations Aminic Antioxidants > For Lubricants > Rubber and > Polymer Applications
Gharda Medical and Advanced Tech- drive pilot projects to help innovators that aim to transform India by ad-
nologies. scale for impact,” a press statement dressing grand challenges. It marks a > Nonylated Di Phenyl Amine > Octylated Butylated Di Phenyl Amine
said. pioneering step forward in the inclusive
The initial corpus of the non-profi t innovation movement that the Anjani > Styrenated Di Phenyl Amine > Di Octylated Di Phenyl Amine
foundation will be around Rs. 30-crore, “India has embarked on its quest Mashelkar Foundation has championed > Cumylated Di Phenyl Amine
which will be replenished each year. to become a developed country in the since 2011,” Dr. R.A. Mashelkar, for-
The foundation may either take a stake foreseeable future and set sights on mer Director General, Council of Scien- UREA FORMALDEHYDE RESIN
or offer a grant to entrepreneurs. Ini- becoming a global leader in manufac- tifi c and Industrial Research (CSIR), Water Insoluble > For application in specialized coating application
tially, it will focus on healthcare tech- turing. We believe that a strong focus who runs the Anjani Mashelkar Foun- NOW INTRODUCING
nologies. on innovation, combined with entrepre- dation, said.
SUNPEX 2A1 > Di Alkyl Diphenyl oxide - Disulphonate
Vipul Organics announces rights issue to raise funds
At our sister concern Indus Petrochem Ltd., we represent the following principals.
Vipul Organics Ltd., a leading “The company has undertaken sub- The company has recently comple-
specialty chemicals company in the stantial capacity expansion and has ted capacity expansion at its Ambernath Procter & Gamble Chemicals - Fatty Alcohols (both normal & RSPO Grades) /
pigments and dyes segment, has an- decided to do a rights issue to mobi- (near Mumbai) facility. Construction is Fatty Acids / Methyl Esters / Glycerin-Moon K.
nounced a rights issue, under which lise funds. With a view to reward our on full steam at its greenfi eld facility Shell - Alpha Olefins C12/C14/C16 Grades,
it will offer 1 share for every 3 shares shareholders and to include them in the at Sayakha, Gujarat. The funds raised Synthetic Alcohols Neodol Series (C9/11 - C12/15).
held on record date. The issue will be growth of the company, the issue price will be utilised to ensure development
priced at Rs. 54 a share and will raise is at a substantial discount to the cur- of the Sayakha facility, and production Sunshield Chemicals Limited
Rs. 25-crore. The company is yet to fi x rent market price,” said Mr. Vipul Shah, will begin in a phased manner from the
the record date. Managing Director, Vipul Organics. fi rst quarter of 2025-2026. 1501-A, Universal Majestic, P.L.Lokhande Marg, Opp. RBK International School, Chembur West, Mumbai - 400043 (INDIA)
Tel: +91-22-25550126 w Email: sales@sunshieldchemicals.com w Web: www.sunshieldchemicals.com
136 Chemical Weekly October 8, 2024 Chemical Weekly October 8, 2024 137

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