Page 176 - CW E-Magazine (19-12-2023)

TECHNICAL KNOW-HOW Indian Petrochem 2023 Conference

Required for MANUFACTURING
of complete range of the BUSINESS STRATEGY
following products: ‘Shift focus from commodity chemicals to speciality
1. PLASTICIZER ESTERS grades’

2. FATTY ACID ESTERS

3. PHASE TRANSFER he Indian chemical and petro- $300-400 bn in the next four years, methanol. India is importing more than
chemicals industry need to shift
the concern is that this will come with a million tonnes of acetic acid annu-
CATALYSTS Tfocus from commodity to high- increase in imports, he said. Mr. Mehta ally, besides being completely import-
end products, according to Mr. Deepak noted that the Indian petrochemicals dependent in key raw materials like
Please mail preliminary details on: Mehta, Chairman & Managing Director, industry has focused on commodity pro- methyl methacrylate (MMA) for mak-
Deepak Group. He made these remarks
ducts and largely ignored differentiated ing polymethyl methacrylate (PMMA),
bsk.indocare@gmail.com or while giving an outlier’s view of the petro- and technical specialties. “While down- vinyl acetate monomer (VAM) for
Call: +91-9850260111; 8055812141 chemicals industry at the 24th Indian stream of commodity products would vinyl acetate-ethylene (VAE)/ethylene-
Petrochem 2023 conference, organised still continue growing, in specialties vinyl acetate (EVA) copolymers.
For your requirement of by Elite Conferences in Mumbai recently. and its downstream – with the huge
In C2 chemicals, India’s ethylene
Acetone This shift in strategy would be timely, potential for growth – we continue to lag consumption is overtly skewed towards
far behind regions like China,” he said.
Benzene given that India is at an infl ection point polyethylene (PE), he said, and added
Toluene in its economic growth journey. Giving the example of China, he that the polymer industry should look
Chloroform said its capacities for most commo- to create more value out of the ethylene
dity chemicals and polymers were 5-6 molecule. “Indian fi rms are focusing
Soya Lecithin times that of India. However, in high on high-volume, low-value commodity
I.P.A. value chemicals & products, Chinese polyethylene and missing out on oppor-
Methyl Salicylate I.P. capacities were 10-20 times that of tunities in high value specialised grades
India. “The gap between India and China of polymers,” he said. The scenario is
Ortho & Mix Xylene widens as one moves from commodity similar in C3 chemicals, he noted, with

Contact: to speciality products,” he pointed out. over 90% of propylene consumption
Pure Solvi-Chem India going into polypropylene. As for sourcing
297-B, Old Post Offi ce Lane, Mangaldas Market, Mr. Deepak Mehta Mr. Mehta underlined the fact that of the building blocks like propylene, the
Bldg. No. 3-D Mangaldas Road, Mumbai 400 002. “India is about 20 years behind India remains a signifi cant importer of Indian industry has remained dependent
Tel.: 022-22019080 / 22014846 * Fax: 022-22014846 China in terms of GDP growth, having many chemical intermediates. “While only on steam crackers and refi nery-
Email: info@puresolvichem.com
Website: www.puresolvichem.com begun its economic liberalisation poli- India is exporting nearly Rs.14,000- FCCs, while other regions have moved
cies two decades after China. However, crore worth of benzene, it is import- on to set up on-purpose propylene pro-
PANCHAL (INDIA) For your requirement oF India is now at a similar stage when ing more than Rs. 20,500-crore worth duction units based on propane de-
China had begun to grow exponen-
of downstream products like styrene, hydrogenation (PDH) and metathesis.
Manufacturer of: Chemical & Pharmaceutical Machinery, Centrifuge Hydroextractors, LIqUID BrOMINE tially. If India were to follow China’s linear alkylbenzene (LAB), styrene-
Virgin & Recovered
Industrial Dryer, Fluid Bed Dryer, Ribbon Blender, SS Tank, Micro Pulverizer etc. growth trajectory, this is the time when butadiene rubber (SBR), acrylonitrile- In C4 chemicals, India is a net expor-
other products: ribbon Blender, Ball Mill, Multi Mill, reaction Vessel
other products: ribbon Blender, Ball Mill, Multi Mill, reaction Vessel PVC rESIN (K-57, K-65-67)
Please contact: India could begin to grow at a fast clip. butadiene-styrene copolymer (ABS), and ter of butadiene, but is a large importer of
Mangleshwar CheMiCals This will have a big impact on demand aniline. Similarly, India exports para- some of its key derivatives like Styrene-
Mumbai for chemicals,” he observed. He high- xylene worth nearly Rs. 10,500-crore, Butadiene Rubber (SBR), Polybutadiene
Mobile: +91 9004585240 lighted the surging demand growth in while importing nearly Rs. 8,000-crore Rubber (PBR), and Acrylonitrile Buta-
mangleshwarchemicals@gmail.com
rIBBON BLENDEr many downstream sectors like auto- worth of purifi ed terephthalic acid diene Styrene (ABS). Mr. Mehta mooted the
INDUSTrIAL TrAY DrYEr mobiles, consumer electronics, durables, (PTA). The country is also one of the idea of de-linking the production of the
OCTAGONAL BLENDEr SIDDHARTHA CHEMICALS
PLANT AVAILABLE FOR JOB WORK apparel & footwear, defence, etc. “How- largest exporters of naphtha, but an olefi ns and polymers. “If the olefi ns and
Only for Nitration, Chlorination, ever, most of the downstream industry is importer of toluene,” he informed. the polymers are being made by the same
Bromination
Friedel-Crafts and Chlorosulphonation still dependent on imports for key mate- company, it will always be profi table. But
We also Manufacture rials and components,” he noted. Olefi n opportunities if companies are only engaged in produc-
THrEE POINT CENTrIFUGE FOUrPOINT CENTrIFUGE
HYDrOEXTrACTOr HYDrOEXTrACTOr BALL MILL MULTI MILL Double Cone Blender 2-Amino-5-Methylthiazole Speaking about C1 chemicals, tion of only one of these, there will be
Contact: Mr. pankaj panchal : 9819116551 Fenofi bric Acid While the chemical industry now Mr. Mehta said the country is dependent a desire to maximise value addition to
Parmar Techno Centre, Phase-1, Unit No. 26, Pelhar Village, Vasai Phata, Vasai (East) - 401 208. Siddhartha Chemicals • Plot No. 66, New Chemical Zone, worth around $186-bn could grow to on imports for 95% of its demand for ensure higher profi tability,” he said.
MIDC Taloja, Tal: Panvel, Dist. Raigad - 410208 • M: 9096959969
Email: panchalindia@gmail.com | Web: panchalindia.in E: siddharthd723@gmail.com, siddharthachemi@gmail.com
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176 Chemical Weekly December 19, 2023 Chemical Weekly December 19, 2023 177

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