Page 161 - CW E-Magazine (8-10-2024)

Hydrocarbons
News from Abroad MYSORE AMMONIA | MYSORE AMMONIA | MYSORE AMMONIA | MYSORE AMMONIA | MYSORE AMMONIA
AMMONIA MYSORE MYSORE
CPHI ANNUAL REPORT 2024
INFRASTRUCTURE DEVELOPMENT
CPHI survey fi nds pharma industry ‘highly positive’ AG&P, Hindustan LNG to build gas terminal in AP

on contract services growth in the next 18-months | MYSORE AMMONIA AMMONIA
the East Coast of India
AG&P (Atlantic, Gulf and Pa-
cifi c Company), and Hindustan LNG where existing gas-fi red
New research fi ndings from 280 ducts are receiving funding [yet]. This majority of the industry is unsuppor-
(HLNG), a Hyderabad-based LNG im- power projects urgently Distributors / Suppliers of:
pharma companies released before the means that the lifeblood of CDMOs – tive of BIOSECURE’s stated goals, AMMONIA | MYSORE
port terminal development company,
need a reliable supply of
leading pharma expo, CPHI Milan, projects moving through the develop- with only 19% taking the view that ANHYDROUS AMMONIA
LNG. The partnership
have signed a memorandum of under-
scheduled to be held in Milan (Italy) ment pipeline and smaller customers China based-CDMOs ‘are a threat and Packed in 50 kg Cylinders, 400 kg Tonners
with AG&P will provide
standing (MoU) to supply tolled gas
from October 8-10, have predicted con- sticking with key service providers – should be removed from Western sup-
a strong platform to de-
to power stations in the East Godavari
tract services growth to accelerate in remains hobbled.” ply chains’. Opposed to this position | MYSORE & Tankers of 6 / 11 / 15 MT Ammonia Capacity AMMONIA
velop a fast-track and
region of Andhra Pradesh.
2025. are 38% of respondents who argue that
low-cost LNG import
AG&P is a leading global integrator The wider industry however is BIOSECURE is a ‘politically motiva- Manufacturers, Exporters & Suppliers of:
solution that enables the
The fi ndings also suggest the in-
region to continue on its
of LNG infrastructure solutions, includ- now taking a more optimistic for- ted issue that sets a concerning prece- AMMONIA SOLUTION | MYSORE
dustry is not in favour of the recently ward-looking outlook for contract dent for the industry’. The fi nal 43% of AMMONIA
ing LNG terminals and related supply
growth trajectory.”
passed US BIOSECURE bill, which services companies’ growth over the the industry – and therefore the largest (Liquor Ammonia)
chains. Under the agreement, AG&P
intends to prevent Chinese biotechs next 18-months, with 49% ‘highly grouping – take a balanced view, but
AG&P will be res-
will provide an integrated solution to
and manufacturers from accessing US positive’, 44% ‘neutral’, and just 7% also suggests that it is sensible for the Packed in 30 / 200 / 235 / 1000 Litre HMHDPE Jerrycans / Drums, IBC Tanks
deliver regasifi ed LNG through a new
ponsible for designing
funding and collaborating with pharma predicting ‘negative’ prospects. industry to ‘diversify supply partners’. | MYSORE 6 / 10 / 15 / 22 MT Tankers & ISO Tanks
LNG import terminal that it will design and other industries in Andhra Pradesh and building all the required facilities
companies. The legislation is intended AMMONIA | MYSORE
and build at a port in Andhra Pradesh. and other markets along the east coast,” for the import terminal, including a
The other major talking point of
to protect US national security and pre- the companies said. fl oating storage and mooring system,
Ms. Tara Dougal, Brand & Content
“The MoU would pave way for a ful-
vent companies of high potential risk contract services in 2024 has been the Director at CPHI Milan, commented, MYSORE AMMONIA AND CHEMICALS LTD.
ly integrated solution for tolled gas in
regasifi cation terminal, related utilities
from conducting business in the US. shortage of available contract capacity “The contract services zone at CPHI AMMONIA
Commenting on the development, and the provision of tolled gas to power
India, including design, construction,
for the glut of GLP-1 drugs, but also continues to grow year on year, in large
fi nancing, operations and maintenance Mr. C.R. Prasad, Chairman of HLNG, plants and other users. It will also carry Corporate Office : 112, Turf Estate, Shakti Mill Lane, Dr. E. Moses Road,
Mahalaxmi (W), Mumbai 400 011. INDIA
According to most analysts the fi rst how the ongoing BIOSECURE Act part driven by the industry’s need for
of the new terminal, which will ensure said, “Andhra Pradesh is the ideal place out any necessary conversion works
half of 2024 has seen a slower than may affect contract service industry trusted partners who can provide capa- Telephone: +91-22-66665937 AMMONIA
a reliable and low-cost supply to power for developing an LNG import facility and, upon commissioning, ongoing ope-
expected recovery, with Mr. Gil Roth, prospects. The consensus is that the Act city, help navigate the nuances of com- Email : mail@mysoreammonia.com l Website : www.mysoreammonia.com
producers, fertiliser plants, cold storage to serve the growing energy demands of rations and maintenance activities.
President of the Pharma & Biopharma has further accelerated the post COVID plex therapeutics and support the road AMMONIA | MYSORE
Outsourcing Association (PBOA) refl ec- trend for greater supply chain diversity – to commercialisation. CPHI Milan Group Manufacturing Units
SPEEDY APPROVAL
ting in the ‘CPHI 2024 Annual Report’ with both US and particularly Indian serves as a vital platform for connect- Mysore Ammonia And Chemicals Ltd. Mysore Ammonia Pvt. Ltd. Mysore Ammonia Supply | MYSORE
Andhra Pradesh offers single window service to ONGC
on the last year, “While reports indicate CDMOs reporting greater interest for ing existing and prospective partners, Plot no J-53,MIDC Taloja, No. 114, Hongasandra, 7th Mile, Corporation LLP.
that dollars are fl owing back to late- strategic partnerships. and we look forward to continuing to Dist. Raigad 410208 Hosur Road, Bangalore 560068 Plot No – 128/5, 6 & 7, GIDC,
operations
stage assets [at CDMOs], there is little serve this growing industry segment in Nandesari 391340. Dist. Vadodara
evidence that early-stage pipeline pro- One signifi cant fi nding was that a 2025, and beyond” | MYSORE Mysore Ammonia And Chemicals Ltd. Mysore Ammonia And Chemicals Ltd. Mysore Ammonia And Chemicals Ltd. AMMONIA
Plot no 10, Roha Industrial Area,
Plot No. 10/L1, Phase-III (Expansion)
RS NO 128/1, D. NO 1-101,
The Government of Andhra Pradesh
UNVIABLE OPERATION With its large coastline, I.P. Pashamylaram, Dhatav, MIDC - Roha, Dist. Mylavaram Road, G.Konduru Village
(AP) and ONGC signed a Memoran- Andhra Pradesh has some Patancheru Mandal, Medak District, Raigad Maharashtra - 402109 and Mandal, Krishna District,
SI Group to stop manufacturing alkylphenol in Singapore AMMONIA Telangana - 502307 Andhra Pradesh. | MYSORE
dum of Understanding (MoU) on Janu-
of the most promising hy-
ary 27, 2017 to take forward all critical drocarbon-bearing fi elds. Sehgal Trading Corporation Sri Bhargavi Ammonia & Chemicals Lanka Ammonia Private Limited
SI Group, the US-based manufac-
ONGC already has ongoing
oil and gas exploration & production “Due to the substantial changes Mr. Joey Gullion, SVP & Chief Com- Plot Village Dheha alias Ramnagar, Private Limited Sri Lanka
turer of performance additives, process in the antioxidant value chain in the mercial Offi cer at SI Group. SI Group Chak Rehsiwal, Mandiala - Plot No.48, APIIC Industrial Park, Email: sales@lankaammonia.com
(E&P) activities of the PSU in the state.
operational activities through
solutions, pharmaceuticals and chemi- region in recent years, paired with high said it will continue supplying alkyl- | MYSORE Hoshiarpur District, Punjab - 144105, Parawada, Visakhapatnam, AMMONIA
its regional bases at Rajah-
cal intermediates, has announced plans costs in Singapore, the company will phenols from its manufacturing faci- Andhra Pradesh - 531021, India.
mundry and Kakinada and is
As a key initiative and a boast to
to close its alkylphenol manufacturing cease production there next year,” the lities in Europe and the Americas. Government Recognised Star Export House
E&P operations, the AP government nam, at the sidelines of ‘Partnership Sum-
engaged in widespread E&P activities. It
would be offering a ‘Single Window mit 2017’ in the presence of
facility located on Jurong Island in company said in a press note. AP Chief is also very aggressively pursuing to put
“Asia Pacifi c region is important to
Singapore in the second half of 2025. Minister, Mr. N. Chandrababu Naidu the huge gas reserves it has discovered AMMONIA Distributor of: | MYSORE
Service’ through the Offi ce of Com-
“The current supply-demand balan-
missioner of Industries to facilitate and Union Minister of State for Petro- our business, and we believe this new
in KG basin, to production. ONGC plans
SI Group opened this plant in 2006 ces in Asia and the cost to manufacture approach will help us balance the mar-
smooth implementation of the projects leum and Natural Gas, Mr. Dharmendra to invest about Rs. 10,000-crore for E&P
to provide alkylphenols to Asia Pacifi c in the region, make this a necessary ket dynamics with our cost position,” MYSORE AMMONIA
by ONGC.
Pradhan. Mr. Dinesh K Sarraf, Chairman activities in onland blocks and about Rs.
consumers and for production of its move to ensure the long-term sustain- said Mr. David Bradley, President &
& Managing Director, ONGC, was also 68,000-crore in offshore assets in the
antioxidant products. ability of our global business,” said CEO of SI Group.
present on the occasion.
The MoU was signed at Visakhapat-
KG Basin.
MYSORE AMMONIA | MYSORE AMMONIA | MYSORE AMMONIA | MYSORE AMMONIA | MYSORE AMMONIA
Chemical Weekly October 8, 2024February 7, 2017
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