Page 139 - CW E-Magazine (29-10-2024)

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You Name The Challenge,
STRONGER COLLABORATION

‘India keen on critical minerals partnership agreement We Deliver

with US’ The Solution.

India is eyeing a critical minerals rals between the countries and lead to tions as the US is right now not keen
partnership agreement with the US cooperation in extraction and product on extending FTA status to any country.
which could lead to expansion of trade development. Hopefully things will move in the
ties between the two countries, accord- desired direction after the elections,”
ing to Commerce & Industry Minister, India is hoping to sign a critical an offi cial tracking the matter said.
Mr. Piyush Goyal. minerals agreement with the US on
the lines of one signed between US The Infl ation Reduction Act pro- Antifoams and
“India wants the critical minerals and Japan in 2023 which could make it vides for tax credit of up to $7,500 Defoamer
MoU with the US to take the form of a eligible for subsidies under the Infl ation on EVs, which meet domestic content
partnership agreement which could go Reduction Act (IRA). Under the agree- requirements. The US Department • Silicone based Defoamers
towards FTA (status),” he said. He added ment, Japan was designated by the US of State recently partnered with the • Non silicone Defoamers
that the US, too, was keen to expand Department of Treasury as an FTA for India Semiconductor Mission, Ministry • Mineral Oil based Defoamers
trade partnership with India and things the purposes of tax credit under the IRA. of Electronics and IT, to explore oppor- • Speciality surfactant based Defoamers
could move forward after the elections. tunities to grow and diversify the • Polymeric Defoamers
“India has submitted some docu- global semiconductor ecosystem • Gemini surfactant based Defoamers
The Minister was in Washington ments to the US for consideration for under the International Technology • Water based Defoamers
recently where the two countries signed the purpose of a possible critical mine- Security and Innovation (ITSI) Fund,
a MoU on critical minerals to help rals agreement. However, the matter can created by the CHIPS Act of 2022
establish a secure supply chain of mine- be considered only after the US elec- (CHIPS Act).
Other Speciality Chemicals All Grades of Simethicone
PHOTOVOLTAIC INDUSTRY and Simethicone
• Wetting Agents
VA Tech WABAG bags desalination plant order • Acrylic and HASE Thickeners Emulsion (USP/IP)
• In Can Preservatives
from Indosol • Dry film Preservatives Industries We Serve
Water treatment player, VA Tech • Emulsifiers (Low foaming) • Paints & Coating • Pulp & Paper
WABAG Ltd., has bagged an order • 2- Phenoxy Ethanol • Inks & Resins • Waste Water Treatment
worth Rs. 1,000-crore from Indosol • Flocculants (Cationic and Anionic) • Pigments • Cement asbestos sheet
Solar Pvt. Ltd. to set up a sea water • Silicone Oils • Dyes Intermediates • Sugar & Distilleries
desalination plant, marking its foray • Silicone Emulsions • Textiles • Bulk Drugs & Fermentation
into the solar photo-voltaic segment. • Silicone Softeners • Potato Processing • Latex Gloves
• Adhesives • Plastics
According to the Chennai-head- • Metal working Fluids • Tyres / Car polish
quartered fi rm, the scope of the order
includes engineering, procurement,
design, supply, installation, testing and
commissioning of the 100-mlpd (mil-
lion litre per day) seawater desalination
plant at the company’s 10-GW integrated
solar photo-voltaic manufacturing Maintenance contract, the company technological expertise, proven Scan this code
facility in Andhra Pradesh. said in statement. track record and competitive pricing For Sales and Distribution inquiries- please write to info@rossari.com to know more about us
enabled us to offer lowest life-cycle ROSSARI BIOTECH LIMITED,
(An ISO 9001:2015 & 14001:2015 Certified Company)
The project would be executed “This mega order marks WABAG’s cost of water for Indosol Water,” said 201 A - B, 2nd Floor, Akruti Corporate Park, L.B.S Marg, Next to GE Gardens, Kanjurmarg (W), Mumbai - 400078, India.
over a 38-month period and would be entry into the Solar PV sector, which is VA Tech WABAG India Cluster, Head- +91 22 6123 3800 / 9033455553 / 9512054949 www.rossari.com
followed by a 15-year Operation and a key segment for the future. WABAG’s Desalination, Mr. Saravanan Krishnan.

138 Chemical Weekly October 29, 2024 Chemical Weekly October 29, 2024 139

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