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"Increased globalization, sustained market opportunities and the emergence of Indian leaders are combining to create an exciting period for specialty chemicals"
"Global companies are looking for opportunities to invest in India for specialty chemicals. They are doing alliances/collaboration with firms to jointly manufacture speciality chemicals in the country. Exports are growing rapidly as India is becoming an important manufacturing hub," says M S Vijayan-Joint Managing Director, Resil Chemicals Pvt.Ltd. Excerpts from his email interaction with Chemical Engineering World.
M S Vijayan
Joint Managing Director,
Resil Chemicals Pvt.Ltd.
All Set to Revamp and Modernise Overall Operations
"We are working on multiple dimensions across various functions and departments. Our organization has undergone major internal restructuring," asserts A M Tiwari (IAS), Chairman & Managing Director, GSFC. In candid conversation with Mittravinda Ranjan, he talks about industry overview, resource optimization at GSFC, ongoing expansions and revamps, market strategies h more.
A M Tiwari
(IAS), Chairman & Managing Director, GSFC
Growth of Caustic Soda Industry can Become One of the Major Factors in Fulfilment of the Dream "Make in India"
"India's growth driver in next decade will be the contribution of youth of India in "Make-In-India" drive", says P.K. Gera, IAS, Managing Director of Gujarat Alkalies and Chemicals Limited states in conversation with Mittravinda Ranjan from Chemical Engineering World. Excerpts from the interview...
P.K. Gera,
IAS, Managing Director of Gujarat Alkalies and Chemicals Limited
Exciting Times Ahead for Indian Pigments Industry
With more stringent environment control regulations being implemented in China, India gained the extra edge in specialty chemicals compared to China. Ravi Kapoor, Managing Director, Heubach Colour Limited, in an exclusive interview with Mittravinda Ranjan, Opines this will create opportunities for India in both pigment & dyes and specialty chemicals and this is the chance for India to develop more which might catapult the growth of Indian pigments industry. Excerpts from the interview…
Ravi Kapoor
Managing Director, Heubach Colour Limited
Not a Rosy Road Ahead for Indian Manufacturers Competing in the Global Markets
The Indian Factories Act 1948 has got very limited mention on the subject of Personal Protective Equipment (PPE). In growing economies, people only follow the basic requirements. The department of Industrial and Safety hasn’t been able to implement PPE due to certain limitations. But is is now time that PPE should be prioritized and appropriate standards and right infrastructure should be implemented. The standards must be followed in letter & spirit says Nishit Dand Managing Director, Sure Safety. in an exclusive interview with Chemical Engineering World...
Nishit Dand
Managing Director, Sure Safety
"Our Investments Have Provided a Foundation for Sustainable Long- Term Growth,"
A veteran of the Petrochemicals industry, Mr. Vipul Shah joined Reliance in 2015, after spending 25 years in senior positions at global operations of Dow Chemicals, where his last assignment was as President, CEO and Chairman of Dow India. As Chief Operating Officer – Petrochemicals at Reliance, Mr. Shah is responsible for overseeing the business functions of Reliance’s vast Petchem portfolio. The business reported revenues of $ 3.4 billion in Q2 FY16- 17 and Earnings Before Depreciation, Interest and Taxes of $ 513 million. Over the last few years, Reliance has invested almost $ 17 billion in new capacities, a significant amount of these in the Petrochemicals business. Chemical Engineering World caught with Mr. Shah to get a better understanding of the new projects and the way ahead for Reliance’s Petchem business.
Mr. Vipul Shah
Chief Operating Officer – Petrochemicals at Reliance,
"We Target Becoming 5000 Crore Company by End of This Decade Serving Our Global Customers"
"Indian legal system is good and is expected to provide confidence to foreign investors. These along with good labour laws, low R&D cost and also low cost of capital, could push India as a more preferred destination for setting up manufacturing units," envisages Dr Deepak Parikh, Vice Chairman & Managing Director, Clariant Chemicals India Ltd. He shares his views on Indian Specialty Chemical Market, growth prospects, product portfolio expansions, global partnering and relevance of GST in chemical industry and much more in a candid conversation with Mittravinda Ranjan.
Dr Deepak Parikh,
Vice Chairman & Managing Director,
Clariant Chemicals India Ltd.
"Outokumpu: A Stainless pillar to support Make in India and Zero Defect Vision of the Prime Minister"
With a decade-old presence in the Indian Stainless Steel Industry, Outokumpu India Pvt. Ltd has played a vital role in strengthening qualitative aspirations of the end users in their quest to achieve the Zero Defect, thus contributing to their commitment of building corrosion free India. Speaking on the eve of successful completion of a decade serving the industry with its new age products and applications for stainless steel, Yatinder Suri, Managing Director & Country Head, Outokumpu India Pvt Ltd discusses about setting up well-known European brand in India, India's growing stainless steel demand, Duplex Stainless Steel solution, Global Sustainability Benchmark, Make In India initiative and company's future in an interview with Mittravinda Ranjan.
Yatinder Suri,
Managing Director & Country Head,
Outokumpu India Pvt Ltd
“India has all that it takes to emerge as a Manufacturing Country”
“For us, sustainability does not end with just our goals, products or solutions. It is about partnering with our customers, distributors, suppliers and the society, to make sure that their sustainability goals are met as well as the prescribed regulatory standards is adhered to. It is also about elevating the benchmarks for sustainability practices in the country. The true effect of sustainability will be seen only if the entire value chain adopts it” says Dr Raman Ramachandran, Head South Asia & CMD, BASF India Pvt Ltd in an exclusive interview with Mittravinda Ranjan
Dr Raman Ramachandran,
Head South Asia & CMD, BASF India Pvt Ltd
Building Economies of Scope for Business Value Creation
In terms of value, the specialty chemicals market size is projected to reach $470 Billion by 2020. "Despite being a huge consumer market, the per capita consumption of specialty chemicals is one of the lowest in India as compared to other emerging economies, says Ajay Durrani, Managing Director Covestro India Private Limited, in an exclusive interaction with Chemical Engineering World. He adds, "As chemical industries are not labour intensive, India should focus on creating economies of relevant scope rather than emulating other countries and focusing solely on capacity building."
Ajay Durrani
Managing Director
Covestro IndiaPrivate Limited
"India Will Continue To Grow As a Consumer-Driven Economy"
India consumes only a tenth of chemicals, when compared with world average. For a country with 1.25 billion people, the sector was valued only at $144 billion in FY14, which shows that the market is yet to build the critical mass, even in sectors that are not feedstock dependent says Sudhir Shenoy, Chief Executive Officer, Dow Chemical International Private Limited (Dow India), as he discusses about potential Dow – DuPont merger and its impact on Indian BU, Changing Indian Specialty, Agrochemical & Textile Chemicals market scenario, Impacts of GST Bill & GOI's Make In India Initiative in an exclusive interview with Chemical Engineering World.
Sudhir Shenoy,
Chief Executive Officer,
Dow Chemical International Private Limited (Dow India )
"Time to Go Past Conventional Approach"
Increasing Indian populace globally, has given significant thrust to the demand of Indian FMCG goods across various global markets and there are many brands that are thriving in markets outside India. Inorganic growth is a combination of factors and completely depends on how the companies wish to address these says Sanjay Trivedi, Founder/Director, The Indian Home & Personal Care Industry Association (IHPCIA) in an exclusive interview with Mittravinda Ranjan.
Sanjay Trivedi
Founder/Director
The Indian Home & Personal Care Industry Association (IHPCIA)
“ We Have Emabrked Around 1500 Crores For The Next Phase Of Growth”
“There is significant interest across international companies who are looking at India as an alternative source to procure specialties chemicals to reduce dependency on Chinese market. With the growth of Indian economy, certain import substitutes are witnessing a good demand across end user industries, which was not the case earlier. Many such chemicals will see a positive trend in growth and I believe that we will be able to capitalize on these opportunities” says Rajendra Gogri, Chairman & Managing Director, Aarti Industries Ltd in an exclusive interview with Mittravinda Ranjan.
Rajendra Gogri,
Chairman & Managing Director, Aarti Industries Ltd
“Consumer-Focused R&D is the Future”
Citing journey into product development for hair care category as an example, Dr. Sudhakar Mhaskar, Chief Technology Officer, Marico Limited shares his expert views on the Evolution and Critical role of R&D in the FMCG sector, Challenges to balance cost-efficiency with novel product development, Need for collaboration and the Trends in future for the growing consumer aspirations in FMCG in an exclusive interview with Mittravinda Ranjan.
Dr. Sudhakar Mhaskar,
Chief Technology Officer, Marico Limited
'Indian Companies to Recognise the Changing Global Landscape'
Being an expert in Fluorination/Halogenation which is a major factor that provides the bedrock for the Specialty Chemicals Business, SRF Ltd has enhanced it further by expanding into other chemistries and developing expertise in them, says Anurag Jain, President & CEO, Specialty Chemicals Business, SRF Ltd. In a detailed discussion with Mittravinda Ranjan, he elucidates the company's transformation from a commodity chemical manufacturer to become a globally recognised name in the Specialty Chemicals marketspace.
Anurag Jain,
President & CEO, Specialty Chemicals Business, SRF Ltd.
Turning India into a Manufacturing Hub by Rising above Hurdles
India's growth driver will be its population; states A M Tiwari, Managing Director, Gujarat Alkalies and Chemicals Limited (GACL) in conversation with Mittravinda Ranjan. He comments on the chloralkali market outlook in India as compared to the Chinese market which is slowing down or the Middle Eastern market which sees low energy costs. He also speaks about the competition in the market, anti-dumping duties, potential investments GACL may be making, etc. Here are the excerpts.
A M Tiwari
Managing Director,Gujarat Alkalies and Chemicals Limited (GACL)
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
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
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