Page 140 - CW E-Magazine (29-10-2024)

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DRIVING EXPANSION

Hubert Enviro Care Systems prepares for IPO

Hubert Enviro Care Systems around 3,000 people and is esta- dustrial water treatment,” he said. He
Equipments
(HECS), a Chennai-based water treat- blishing an offi ce in Sri Lanka, set to also pointed out that industries such as Equipments
ment solutions provider, is set to launch open next month. “Currently, about electronics and semiconductors have
an initial public offering (IPO) within 98% of our revenue comes from India. stringent water quality requirements,
the next 6-12 months. The company However, we plan to diversify this by making recycling essential, particularly
aims to raise about Rs. 200-crore to increasing our international contribu- for electric vehicle manufacturers that
fund its plans for global expansion tions to about 30%. We aim to position require more water than traditional
through inorganic growth. ourselves as a 360-degree environmen- industries.
tal management company, offering
“The dynamics in the water treat- comprehensive services throughout the Tie-up with Toyobo MC
ment technology space are evolving. project lifecycle, including securing HECS also announced a partnership
Historically, we sought technology necessary approvals, conducting envi- with Japan-based Toyobo MC Corpora-
from the West, but now we are posi- ronmental impact assessments, and tion, a sister company of Mitsubishi, to
tioned to offer our own solutions glob- establishing water treatment facilities,” source cost-effective reverse osmosis
ally,” Dr J.R. Moses, CEO, HECS, said. said Mr. Abishek Moses, Director, (RO) membranes for its water treat-
He added that the funds raised will be HECS. ment projects. Toyobo will also be
used to support acquisitions and global actively involved in troubleshooting
operations. “Our primary focus is on recycling and supporting the technology, ensuring RAPID MIXER
GRANULATOR
plants for sewage and effl uent, along their engagement extends beyond mere
The Rs. 200-crore company employs with specialised applications in in- sales.

PROCESS INNOVATION

IIT Indore develops low temperature catalyst for

hydrogen production

Scientists at the IIT Indore have Sanjay K. Singh from the Department Technology Readiness Level 4,
developed an innovative catalyst of Chemistry, along with his PhD has been proven effective under
that produces purifi ed hydrogen student Mahendra K. Awasthi, has deve- real-world conditions and has been
from methanol at much lower tem- loped a process that produces purifi ed granted a Patent. The team is in
peratures than current methods. This hydrogen gas from methanol at tem- discussions with potential industry
breakthrough could make hydro- peratures as low as 130°C, compared to partners to bring this technology
gen production more effi cient, cost- conventional methods that require over to the market.
effective, and eco-friendly, offering 200°C.
a signifi cant boost to clean energy Prof. Singh said, “This catalyst can LAB SCALE
efforts. This lower temperature process produce 1 kg of hydrogen from just 13- CENTRIFUGES
reduces energy use and operational litres of methanol. It stands out from
Hydrogen is seen as a crucial costs, making hydrogen production other methods due to its sustainability
alternative to fossil fuels in the shift more affordable for both industrial and and lower cost.”
to clean energy. However, traditional commercial applications. The innova- +918169061250
hydrogen production requires high tion has the potential to signifi cantly Importantly, the purifi ed hydrogen
temperatures, leading to high energy impact the hydrogen economy, aligning produced by this method can be used
consumption and reduced environ- with global efforts to cut carbon emis- directly in fuel cells for power genera-
mental benefi ts. sions and tackle climate change. tion, without the need for further puri-
fi cation to remove CO , which is often ISO 9001:2015
2
The team at IIT Indore, led by Prof. The technology, currently with an energy-intensive process.

140 Chemical Weekly October 29, 2024

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