Page 143 - CW E-Magazine (5-9-2023)

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AIMING HIGH DEUTERIUM LABELLED COMPOUNDS

Grasim targets to become second largest in decora- Heavy Water Board signs pact with Sigma Aldrich

tive paints for supply of heavy water

Grasim Industries, an Aditya Birla post-consumer waste and alternative Heavy Water Board (HWB), a cons-
Group, targets to become the second- feedstock. ‘Liva Reviva’ made from tituent unit of the Department of Atomic
largest in the decorative paint business, 30% textile waste, and the commission- Energy (DAE), recently signed an
with the commissioning of six plants in ing of a mechanical recycling facility at agreement with Sigma Aldrich Chemi-
a phased manner starting next year. Last Textile Research & Development Cen- cals Pvt. Ltd., Bengaluru, for the sup-
fi scal, Grasim made its largest-ever tre (TRADC), establishes Grasim as ply of heavy water (D2O) for a period
capital expenditure of Rs. 4,307-crore, the front-runner in textile recycling, he of fi ve years. This raw material will be
including Rs. 1,979-crore in the paints added. On the Chemicals business, he used by Sigma Aldrich for the produc-
business. said the company aims to retain market tion of deuterium labelled compounds
leadership position in the chlor-alkali and allied value-added products.
Mr. Kumar Mangalam Birla, Chair- business, projecting a capacity of
man, Grasim, recently told sharehol- aims to be a strong No. 2 player in the 1.5-mtpa by April-June quarter of FY25. Sigma Aldrich Chemicals is a sister
ders that the company has embarked on decorative paints industry, he added. concern of Merck Life Science Pvt. Ltd.
a transformational growth phase with Aditya Birla Renewables has
the incubation of two new high-poten- The B2B e-commerce business – achieved a cumulative installed capa- The agreement was signed by Secretary, DAE and Mr. J. Srivastava, a part of the global supply chain of
tial growth engines – paints and B2B Birla Pivot – is now operational and city of 744-MW last fi scal and this is Mr. V.V.S.A. Prasad, Director (Operation), Chairman & Chief Executive, HWB. deuterated products.
e-commerce for building materials. caters to customers in Madhya Pradesh, estimated to rise to 2-GW by FY24. HWB, and Mr. Sreenath Narayanaiah,
Maharashtra and Delhi. This initiative Managing Director, Merck Life Science
Speaking on the occasion Dr.
Deuterium labelled compounds are
In the paints business, the project aligns seamlessly with the govern- Despite weaker global growth in and Managing Director, Sigma Aldrich, Mohanty, emphasised that local production used in several applications including
work is progressing as per plans at all ment’s goals for Digital India and the current year, Mr. Birla said there in Mumbai, in the presence of Dr. A.K. of deuterium labelled compounds in as NMR solvents, for making deutera-
six sites, and commissioning of plants the empowerment of MSMEs, said is room for cautious optimism about a Mohanty, Secretary, DAE and Chair- India by private parties will boost exports ted Active Pharmaceutical Ingredients,
will start in phases from Q4 FY24, he Mr. Birla. subsequent recovery, as global fi nancial man, AEC, Mr. A.R. Sule, Additional from India and the country can become optical fi bres, and semiconductors.
said at the company’s 76th annual gene- markets have held up reasonably well.
ral meeting held recently. Circular textile products The Indian economy presents a robust
The group’s viscose staple fi bre picture with strong domestic impulses CLEAN ENERGY
A modern R&D facility for paints (VSF) business aims to grow circular outweighing negative global slowdown ACME group to set up a green ammonia facility in
is fully operational, and the company products in this fi scal, using pre- and effects, he added.

CLEAN ENERGY PROJECTS Odisha
Shell India to invest Rs. 3,500-crore in Gujarat Tata Steel Special Economic Zone and a leader in the green fuel economy.
Ltd. (TSSEZL) and diversifi ed renew- We’re offering best-in-class incentives
Shell India Pvt. Ltd., one of India’s than 1,000 people. Commercial pro- able energy company, ACME group, to attract investments,” Mr. Sharma
most diversifi ed international energy duction at the plant is expected to start have signed a memorandum of under- said on the occasion. The ACME Group
companies, has signed a Memoran- by 2027. standing (MoU) to establish a green plans to set up a nearly 1.3-mtpa green
dum of Understanding (MoU) with the hydrogen and green ammonia project at ammonia facility at the Gopalpur In-
Government of Gujarat to invest Rs. Apart from this, Shell India will the Gopalpur Industrial Park in Odisha, The MoU was signed between dustrial Park. This will be produced
3,500-crore in the state. The MoU was invest Rs. 500-crore in LNG regasifi ca- making it the fi rst green hydrogen pro- Mr. Manikanta Naik, Managing Director, from green hydrogen and the produc-
signed in the presence of Gujarat Chief tion terminal, asset integrity rejuvena- ject of the State. TSSEZL, and Mr. Sandeep Kashyap, tion facilities will be powered by renew-
Minister Mr. Bhupendra Patel and Mini- tion and debottlenecking project. These Chief Operating Offi cer, ACME Group, able power. It will be exported to mar-
ster of State, Mr. Harsh Sanghavi. projects will generate employment for Under the defi nitive agreement, in the presence of Mr. Hemant Sharma, kets in the west and east from the ex-
375 people. ACME Clean Energy Pvt. Ltd. (ACME Principal Secretary, Industries Depart- isting Gopalpur port facility, which is
As per the MoU, Shell will invest group) will acquire 343-acres in TSSEZL’s ment, Odisha Government. near the project site. The utility corri-
Rs. 2,200-crore to set up a renewable The MoU signed is in line with the Gopalpur Industrial Park, located in dor between Gopalpur Industrial Park
energy generation plant in 1,200-acres Gujarat. This investment will generate upcoming ‘Vibrant Gujarat Summit’ in Ganjam district of Odisha, to set up a “We envision Odisha as the hub of and Gopalpur port will enable smooth
of land in Banaskantha district of North direct or indirect employment for more January 2024. green hydrogen and its derivatives unit. green hydrogen and green ammonia logistics and pipeline connectivity.

142 Chemical Weekly September 5, 2023 Chemical Weekly September 5, 2023 143

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