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Building Economies of Scope for Business Value Creation
Ajay Durrani, Managing Director, Covestro India Pvt Ltd, shares that despite being a huge consumer market, per capita consumption of specialty chemicals is one of the lowest as compared to other emerging economies. In an exclusive interaction with Chemical Engineering World via e-mail, Durrani states, “As chemical industries are not labour intensive industries, India should focus on creating economies of scope rather than emulating other countries and focusing only on capacity building.”
- Ajay Durrani,
Managing Director, Covestro India Pvt Ltd
Shortcuts Are Not Solutions
Eternis has rebranded itself recently and is in the processes of re-inventing the company’s image and business models. In the backdrop of this change, Mittravinda Ranjan & Girija Dalvi had a candid conversation w i t h Rajen Mariwala, Managing Director, Eternis Fine Chemicals Ltd where he spoke about the reason for rebranding, the company ’s futur e plans and the changes that could set the Indian chemical industry on a growth trajectory.
- Rajen Mariwala,
Managing Director,Eternis Fine Chemicals Ltd
New Fertiliser Policy... A Welcome Shot in the Arm to Revitalise the Industry
Fertiliser industry has finally taken a breather after the announcement of the revised Fertiliser policy which envisages setting up a common gas pool mechanism and the policy encourages revamps of existing plants and capacity building through new projects to meet the growing fertiliser demand. In an exclusive interaction with Mittravinda Ranjan, R G Rajan, Chairman & Managing Director, RCF Ltd admires the Government for fi nally forming a concrete policy and setting a clear roadmap for the next four years to put the growth of fertiliser industry back on track. On a lighter note, he says, “Now that we have a policy in place, the industry is going to be on its toes to meet the project and production targets.”
- R G Rajan
CMD, Rashtriya Chemicals and Fertilizers Ltd.
Chryso India: Aiming to be a Technological Leader
The last two years have been cumbersome for the manufacturing sector across all industries including construction chemicals. But with the positivity around the Union Budget and new investments planned, the sector may see a high growth in the next five years. Giles Everitt, Managing Director, Chryso India speaks to Girija Dalvi about the market scenario till 2020, the factors that would spur growth, the challenges that lie ahead and how Chryso would like to be the technological leader instead of being just a dominant player in the Indian market.
- Giles Everitt,
Managing Director, Chryso India
Henkel to Set-up India’s Largest Adhesives Plant
Having been in India for almost three decades, Henkel has about nine facilities in India. Keeping in mind the growing demand in the domestic market, the company is to set up the largest adhesives plant in India with an investment of Euro 30 million. Jeremy Hunter, President, Henkel Group India states that the company is aiming to win a greater market share in India which is one of the biggest emerging markets for the company.
- Jeremy Hunter,
President, Henkel Group India
“Reaping Benefits of Backward Integration”
De-licensing, which allows the private players to by-pass the tedious process of taking permissions to expand product basket and setting up new facilities, is the best thing to have happened to the chemical industry, says Rajendra Gogri, Chairman & Managing Director, Aarti Industries Ltd. He talks exclusively to Mittravinda Ranjan about the growth of his organisation from small scale manufacturer of one chemical in 1975 to a producer of over 150 chemicals that are supplied to more than 800 customers in domestic and international markets.
- Rajendra Gogri,
Chairman & Managing Director, Aarti Industries Ltd.
“The Chemical Industry Needs to Blow Against the Wind”
Image building exercise and focus on protection of the environment by the chemical industry is a continuous effort, we cannot afford even one black day that could spoil the entire industry’s effort,” Frank Lelek, President Region India, Evonik Industries elucidates the varied opportunities & lacunas of the Indian Chemical industry with special impetus to Specialty Chemicals in an exclusive interview with Titto Eapen.
- Frank Lelek,
President Region India, Evonik Industries
“Consumer Awareness Can Drive the Speciality Chemical Industry in India”
Chemical Industry in India needs to strengthen and streamline application development programmes. It needs to innovate and develop customised solutions to meet the demand of the end-user market which - as far as speciality chemical manufacturers are concerned – is still small, scattered and in the nascent stage, believes Prakash Raman Country Manager (India) and Managing Director, Solvay Speciality India Pvt Ltd. In an exclusive interaction with Mittravinda Ranjan and Harshal Y Desai, he further highlights the need to have industry-consumer interaction and suggests measures to tap the mega trends.
- Prakash Raman,
Country Manager (India) MD, Solvay Speciality India Pvt Ltd
“Deliver Better Overall Economics than Existing Process Technologies”
Over dependence on fossil fuels is most likely to hamper the chemical industry where most processes are petroleum based. Providing the much needed solutions and being a widely-recognised technology leader, Genomatica has been developing novel manufacturing processes which allow its partners to produce the most extensively used chemicals in the world using alternative feedstock cost effectively and ensuring sustainability. In an email interaction with CEW, Dr Christophe Schilling, CEO, Genomatica, shares details on the company’s focus on innovation, its recently announced ‘nylon intermediates program’ and partnering with the likes of BASF, Novamont and more.
- Dr Christophe Schilling,
CEO, Genomatica
Rising Above the Competition
In an invterview with Mittravinda Ranjan, Vipul Shah, Chairman, CEO and President, Dow Chemical International Pvt Ltd (Dow India), opened up about the company’s progress and discussed its marketing strategy in Asia Pacific region, updated on company’s two major projects; the Sadara Chemical Complex and SCG JV, shared his thoughts on the shale gas play in USA and much more. Shah says that the company, leveraging on its joint ventures, is gearing itself up to “utilise the capacities by creating infrastructure and mapping the country for ideal tanks and warehouse locations, aligned to the customer needs.”
- Vipul Shah,
Chairman, CEO and President, Dow Chemical International Pvt Ltd. (Dow India)
Chryso India: Aiming to be a Technological Leader
The last two years have been cumbersome for the manufacturing sector across all industries including construction chemicals. But with the positivity around the Union Budget and new investments planned, the sector may see a high growth in the next five years. Giles Everitt, Managing Director, Chryso India speaks to Girija Dalvi about the market scenario till 2020, the factors that would spur growth, the challenges that lie ahead and how Chryso would like to be the technological leader instead of being just a dominant player in the Indian market.
- Giles Everitt,
Managing Director, Chryso India
Import Substitution: The Way to Go
The 120 KTPA Greenfi eld capacity of Indian Synthetic Rubber Ltd (ISRL) to produce E-SBR will significantly substitute the key raw material imports by the tyre manufacturers. ISRL has recently been conferred with the CHEMTECH CEW Leadership & Excellence Award 2015 - Chemicals & Petrochemicals for setting up this path-breaking venture of national importance. In an exclusive interaction, Sanjaya Bhatnagar, CEO, ISRL, speaks to Mittravinda Ranjan about the challenges of the business and future plans of the company.
- Sanjaya Bhatnagar,
CEO, ISRL,
Doing It Differently
Methanol-to-Olefins technology opens new, economical routes to light olefins from low cost feedstocks Amongst the largest volume petrochemicals in the world, olefins are building blocks for everything from packaging materials, home ware, piping and insulation, to synthetic rubbers and antifreeze. Honeywell’s UOP now has a revolutionary solution that produces olefins more economically than many traditional sources. The solution is MTO, writes Steve Gimre, Managing Director, UOP India Private Limited, A Honeywell Company.
- Steve Gimre,
MD, UOP India Pvt Ltd
It’s a Serious Business, Govt Must Pull its Socks Up
The growth of Indian fertiliser sector has been saddled with various issues right from raw material deficit to market volatilities in gas prices to policy paralysis. This sector has gone through the most turbulent phase over the last decade. With the new government in place, fertiliser manufacturers are very optimistic about the growth of this sector and hoping that they take the much required initiatives to put the growth of this sector back on track. In an exclusive interview, with CEW, Suresh Krishnan, Managing Director, Zuari Agrochemicals Ltd, shares his views on these issues.
- Suresh Krishnan,
Managing Director, Zuari Agrochemicals Ltd
Technological Advancements Will Pave the Way for Growth
A favorable regulatory environment that propels technological advancements is what we need to reinvigorate the fertiliser sector, believes R Mukundan, Managing Director, Tata Chemicals. Mukundan further shares views on how the new government should ensure the overall development of the fertilise sector in the country. He also questions the need for the New Investment Policy.
- R Mukundan,
Managing Director, Tata Chemicals
Leverage Talent and Experience Base to Focus on Specialty Chemicals
The specialty chemical market has a great scope for growth as several reports suggest. In the chemicals market in Asia, India is the third largest market. BASF has made their single largest investment to cater to this burgeoning sector through their Dahej project. In this exclusive interview, Dr Raman Ramachandran, Head – South Asia and Chairman, BASF India talks to Mittravinda Ranjan about how the company maintains its edge over their competition as well as the opportunities it wants to tap into in the Indian market.
- Dr Raman Ramachandran
Head – South Asia and Chairman, BASF India