Page 136 - CW E-Magazine (1-7-2025)

Top Stories We are the Sole Agent for Ercros SA. Spain
In India for the Following Products
(MITRA), noted that the private, not tage of each of the Districts in the State General, ASSOCHAM, urged chemi- Available for Direct Import at Competitive Price
public sector, is seen as the key driver and mooting policy initiatives based on cal manufacturers to focus on Environ-
of investments needed to propel the this. He termed the high cost of power ment, Safety and Governance (ESG)
State to a $1 trillion economy. He as one of the serious handicaps that goals, as these will become vital to
for the sustainable growth. He also Paraformaldehyde
lamented the declining effi ciency of operating units faced and blamed the do business not just with customers
investments due to delayed and can- situation on the cross-subsidy to far- abroad, but also in India. He termed
celled projects, and added that while mers and the inability to recover costs the chemical industry as a crucial Spain
there has been improvement in the ease from some users. “It is possible to fi nd part of the industrial ecosystem and
of setting up new businesses, running solutions within these constraints,” he termed ESG spends as investments
them has not been made easier. added.
urged the chemical industry to focus
MITRA, he added, is working on ‘ESG focus needed’ on innovation of more sustainable 91-92-93-96% Prills
an evaluation of the competitive advan- Mr. Manish Singhal, Secretary products.

PROJECT UPDATE
Silox India begins work at newly acquired site in Gujarat

Silox India, the inorganic chemi- Silox India specialises in inorganic
cals jv between Transpek Industry and chemistry and manufactures various
Belgium’s Silox, has broken ground for chemicals which are used in sectors
building a new manufacturing facility such as automotive, textiles, pulp and
at Payal Industrial Parks (PIP) in papers, coatings, and new energy vehi-
Pakajan, Gujarat. cles, etc. The company is a global leader
in sodium formaldehyde sulphoxylate
Ambassador to India, Mr. Didier will run on 90% green energy and use sites operating in India for more than 20 Pentaerythritol 98% Spain
In accordance with local traditions, operational in 2027. Designed with and zinc formaldehyde sulphoxylate.
a puja was held on June 18 with Belgian sustainability at its core, the facility The company has three manufacturing

Vanderhasselt, Mr. Jean-Christophe 40% less water than current production years and exports more than 40% of its
Bogaert, Chairman of Silox Board and processes. production capacity.
Mr. Prakash Raman, Managing Director
of Silox India, breaking a coconut dur- PIP, developed and promoted by the The company had earlier said that
ing the groundbreaking ceremony. As Arete Group, is India’s largest privately the new site would attract signifi cant
per a social media post by the Belgian integrated industrial park, located with- capital investment to build new capa-
Embassy, the scaling up of Silox India’s in the Dahej Petroleum, Chemicals, cities for its existing products and to
operations will involve new invest- and Petrochemicals Investment Region build industrial scale plants for its new
ments of over Rs. 650-crore (€65-mn). (PCPIR). Silox India had acquired 35 innovation products which are in the
The new facility is expected to be fully acres of land in PIP in November 2023. pipeline.
Sodium Formate 97% Spain

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136 Chemical Weekly July 1, 2025

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