Page 128 - CW E-Magazine (30-1-2024)

Top Stories

NEW PROJECT
Epsilon Carbon to invest in integrated carbon

complex in Odisha

Epsilon Carbon Pvt. Ltd., a leading
player in the carbon industry, has signed a
Memorandum of Understanding (MoU)
with the Government of Odisha to
invest Rs. 10,000-crore over 10 years, in
an Integrated Carbon Complex (ICC) in
Jharsuguda, Odisha.

The project will include plants for
speciality carbons (500-ktpa), carbon
black (300-ktpa) and advanced materials
(75-ktpa). The project is expected to
create approximately 2,000 direct and
indirect job opportunities, contributing
to the socio-economic development of
the region. Epsilon Carbon will also be
collaborating with the local communities
to ensure their overall prosperity through
programmes in key areas such as educa-
tion, skill development, healthcare, and
infrastructure.
raw materials. The strategic advantage of “Our decision to invest in Jharsuguda
“Jharsuguda’s industrial ecosystem, the project is enhanced by Jharsuguda’s refl ects our confi dence in the region’s
availability of skilled labour, robust recognition as India’s aluminium hub, a potential. The industrial-friendly policies
infrastructure, and industry-friendly poli- region extensively utilising coal tar pitch. of the State Government of Odisha, cou-
cies make it an ideal location for the Additionally, the project benefi ts from pled with the existing steel and aluminium
upcoming mega project. The project also well-connected ports like Paradip, en- industries, align perfectly with our sustain-
benefi ts from proximity to major steel suring smooth export operations,” the able business strategy,” Mr. Vikram Handa,
industries, ensuring a constant supply of company said in a statement. Managing Director, Epsilon Carbon, said.
GREENFIELD EXPANSIONS
Birla Carbon to build additional capacity for carbon

black in AP and Thailand

Birla Carbon, A leader in sustain- sites will be prioritised based on their pansion plans in support of key custo-
able carbon solutions, has announced the locations, demand dynamics in the region, mers in the fast-growing markets of
establishment of two new carbon black and specifi c customer needs. “Previously India and Southeast Asia,” stated
manufacturing sites in Niadupet, Andhra announced brownfi eld expansion plans in Mr. John Loudermilk, President and
Pradesh (AP), and Rayong, Thailand. Hungary, as well as, the post-treatment Chief Executive Offi cer, Birla Carbon.
facility expanding specialty capacity at “These two new state-of-the-art factories
Each of the new facilities will have Patalganga, are progressing on plan,” the will ensure a secure supply of our indus-
an initial capacity of 120-ktpa operational company said in a press statement. try-leading products, quality, and service,
in 2025 with plans to expand to 240-ktpa allowing our customers to meet their
in the future. These two new greenfi eld “We are excited to augment our ex- growth ambitions.”

128 Chemical Weekly January 30, 2024

Contents Index to Advertisers Index to Products Advertised