Page 138 - CW E-Magazine (9-4-2024)

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EXPANSION
Jubilant Ingrevia commissions new facility

for diketene derivatives in UP

Jubilant Ingrevia Ltd., an integrated
life-science products & solutions pro-
vider, has commissioned a new facility
at its manufacturing site for diketene
derivatives at Gajraula, Uttar Pradesh.

The facility adds a capacity of
2,000-tpa to produce high-value esters.
In addition to existing clients, the ex-
panded range of diketene derivatives
will be aimed at a new category of
customers in international markets,
including the US and EU regions.

The company presently has over
134 products & solutions commer-
cialised. It has developed profi ciency the Specialty Chemicals segment,” the with the introduction of this new faci-
in over 35 key chemistry and techno- company said in a press note. lity. Diketene and derivatives represent
logy platforms across its businesses an accelerated growth platform for us.”
of Specialty, Nutrition and Chemical Mr. Deepak Jain, CEO & MD,
Intermediates. “This strengthening of Jubilant Ingrevia, said, “I am delighted Jubilant Ingrevia said it remains
the diketene and derivatives platform to emphasise our unwavering dedica- committed to commissioning of future
marks a natural evolution of strategy in tion to specialty chemicals business phases of diketene derivatives.

LUKEWARM RESPONSE
Govt. cancels auction of 13 critical mineral blocks

offered in fi rst round

The government has cancelled nickel and copper, molybdenum ore, minerals, including graphite, tungsten,
auction for 13 of 20 blocks on offer in graphite, and lithium, titanium and vanadium, cobalt and nickel, among
the fi rst round of critical mineral bids bauxite (aluminous laterite). They others, was on auction.
following tepid response. Out of the are spread across Bihar, Jharkhand,
13 mines, two got no bids and 11 at- Odisha, Tamil Nadu, Uttar Pradesh, In June 2023, the government re-
tracted less than three bids each. The and Jammu & Kashmir (J&K). leased a list of 30 minerals considered
fi rst round was launched by the govt. Two blocks which got no bids hold critical for the country. These include
on November 29, 2023. molybdenum and are in Tamil Nadu. antimony, beryllium, bismuth, cobalt,
copper, gallium, germanium, graphite,
The bid security is expected to be Seven of these 11 mines have been hafnium, indium, lithium, molybde-
returned to bidders for the 11 mine- put up for the auctions in third tranche num, niobium, nickel, PGE, phospho-
ral blocks that got less than three of e-auction launched on March 14. rous, and potash. Rare Earth Elements
bids each. These blocks which re- (REE), rhenium, silicon, strontium,
ceived poor response hold glauco- The second round of the auction tantalum, tellurium, tin, titanium, tung-
nite, nickel, chromium and plati- was launched on February 29. A total sten, vanadium, zirconium, selenium
num group elements (PGE), potash, of 18 blocks of critical and strategic and cadmium also fi gure in this list.

138 Chemical Weekly April 9, 2024

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