Page 183 - CW E-Magazine (16-1-2024)

Special Report

Chemical project opportunities for 2024

everal chemicals and allied few emerging oppor- N.S. VENKATRAMAN
products, which have high level tunities and now is
Sof relevance to Indian indus- the right time to take Nandini Consultancy Centre Pvt. Ltd.
Chennai
trial and economic growth pattern and up such projects. Email: nandinichemical@gmail.com
with steady growth in demand, are
imported year-after-year due to lack of Implementation of natural graphite, which is available in
or inadequate production capacity in these recommended India. High purity spherical natural
the country. projects would also pave the way for graphite is a eco-friendly product and
the capacity creation for several other it is preferred over synthetic graphite
Amongst such imported chemicals, downstream and allied products. material for use as anode in lithium ion
project promoters have to identify the Together, these efforts would contribute batteries. Globally, several thousands
investment opportunities that would be to overall growth of Indian chemical of tonnes of high purity spherical natu-
appropriate to their need and strength. industry in the year 2024 and beyond. ral graphite is produced. This project
is of importance to India, since lithium
To help the project promoters in Emerging investment opportunities ion battery cell projects are being set up
identifying appropriate projects for in India.
investment amongst the various imported Dimethyl ether (DME)
chemicals, Nandini Consultancy Centre DME is as replacement for propane Sodium ion battery
has short-listed and recommended a in liquid petroleum gas (LPG), which Sodium ion battery is mostly used
number of products of great importance can be used as domestic fuel as well in energy storage device, low-speed
to India. as industrial fuel. DME can also be an electric vehicles (LSEVs), e-scooters,
alternative to diesel for use in specially e-rickshaws, e-bikes, laptops, mobile
The objective of this exercise is designed compression ignition diesel phones, and other digital devices.
to draw the attention of investors and engines. DME is produced from methanol. Sodium-ion batteries are an effective
project promoters to such investment It is an attractive option for India to method of power storage because sodium
opportunities and with the expectation reduce import dependence on LPG and ions are extremely active and reliable
that they would move on to set up such has several other advantages. charge carriers. Since sodium-ion bat-
projects, so that their efforts and initia- teries are cheaper and have a longer
tives will pave way for Indian chemical High purity spherical natural lifespan than other batteries, there is
industry to become self-reliant. graphite an increase in demand for them in in-
High purity spherical natural gra- dustrial applications. Unlike lithium
Table 1 provides a list of such recom- phite is used as anode material in the ion battery, inputs required for sodium
mended products. It also includes a lithium ion batteries. It is produced from ion battery production are available in
India.

R 744 – Carbon dioxide-based-
refrigerant
R744 is high purity carbon diox-
ide-based refrigerant gas, with typical
moisture content of less than 10 ppm.
The low moisture content enables the
refrigerant to work more effectively
and have less corrosive impact on the
refrigeration systems. R744 is envi-
ronmentally friendly, having zero
ODP (Ozone Depletion Potential) and
minimal GWP (Global Warming Poten-
tial). R744 is often used as a second-
ary refrigerant along with ammonia

Chemical Weekly January 16, 2024 183

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