Page 140 - CW E-Magazine (17-9-2024)
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to announce that Mr. Ghosal would take Dow will continue to reduce its own throughput, reducing development time
over from him by the end of the year. operational “footprint,” deliver ever- from decades to weeks.
increasing value to customers and society
Innovating at scale through its “handprint” of products He highlighted the environmental
Speaking at the event, Dr. A. N. and solutions, and develop and deliver benefi ts of plastic over paper, citing
Sreeram, Dow’s Senior Vice President, “blueprints” for a sustainable planet studies that show plastic being more
R&D & Chief Technology Offi cer, and society, he said. sustainable in terms of energy con-
pointed out that rigorous science and sumption, waste, and greenhouse gas
engineering can improve living stan- “By 2030, we are aiming to reduce emissions. He said it is vital to consider
dards while being better for the envi- another 5-million metric tons of scope energy and mass balance parameters
ronment. He also emphasised the im- 1 and scope 2 emission, while still before labelling anything as green or
portance of innovating at scale. “If at increasing our production. sustainable.
least 10% or more of human population
cannot make use of a great technology, By year 2030, we will use 3-million He also discussed advanced safety
it is not of much use. And for that to tons of circular plastics incorporated in and technological innovations from
happen, the new technology must be our products. And Dow is aiming to be Dow in automotive and materials
reliable, abundant and affordable,” he net zero by 2050,” he informed. science. He gave examples of Dow
emphasised. technologies preventing fi res in battery-
Dow’s R&D chief also spoke about powered vehicles by helping main-
Focus on sustainability other sustainability initiatives like set- tain low temperatures in lithium cells.
Dr. Sreeram said Dow, had right ting up of the net-zero emissions global- Other innovations highlighted included
from 1995, worked on setting goals scale ethane cracker in Canada, and the artifi cial leather that outperforms real
about the impacts of its products across use of nuclear energy to generate steam leather, and a headlight system that
the life cycle, besides setting society- for steam crackers. can be digitally dimmed to avoid dis-
level impact goals. Dow’s fi rst set of turbing other drivers. The event also
goals, laid out in 1995, focused on Later, he discussed the role of high featured panel discussions centred
reducing the company’s carbon “foot- throughput research in driving innova- around the themes of innovation as
print”. A decade later, the company tion at Dow and noted how enhanced powerful driver for the chemical
shifted the focus to its “handprint” by computing, data processing and statis- industry, and sustainability as an impor-
addressing social as well as environ- tical designs could help achieve even tant component across operations and
mental challenges. From 2015 to 2025, 2,000-times increase in experimental value chains.
EXPANSION
Kanoria Chemicals expands formaldehyde and
hexamine capacities at Gujarat facilities
Kanoria Chemicals has expanded (300-tpd) and now has total capacity of
capacities of its formaldehyde and 1408-tpd across the three units.
hexamine plants at its site in Ankleshwar,
Gujarat. Meanwhile, the capacity of the
company’s hexamine plant at Ankleshwar
As per a stock exchange fi ling, the has been doubled to 36-metric tons
formaldehyde production capacity has per day (mtpd) at an investment of
been expanded from 418-tonnes per day around Rs. 12.70-crore. This expanded
(tpd) to 763-tpd. The company invested capa-city will cater to the increasing
around Rs. 56-crore for the expansion culture, cosmetics, and chemicals, both demand from sectors like phenolic
project. “This new capacity will enable domestically and in export markets,” resins, textiles, agrochemicals, explosives,
us to cater to the increasing demand the company informed. The company pharmaceuticals, etc., both in the
across various sectors, including auto- operates two more formaldehyde facili- domestic and overseas markets, the
motive, building & construction, agri- ties in Vizag (345-tpd) and Naidupeta company informed.
140 Chemical Weekly September 17, 2024
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