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 EXPANDING PRESENCE  petrochemical  subsidiary,  OPaL. With  formed a  joint venture with  Mitsui to  LNG from Qatar, to Reliance Industries-
       the changed composition of LNG, the  build VLECs.                  owned IPCL till its plant to convert
 Air Liquide to double capacity in Gujarat with new ASU  company is now looking at importing   them into polymers came up. The C2-
       ethane.                             ONGC built the C2/C3 extraction  C3 plant has a handling capacity of
 French industrial gases major, Air      unit at Dahej in Bharuch district of  4.9-mtpa of LNG. OPaL operates a 1.1-mtpa
 Liquide, is investing in its second Air   ONGC plans to source and supply  Gujarat in 2008-09. However, its subsi-  of ethylene capacity dual feed cracker,
 Separation  Unit (ASU) and Cylinder   800,000-tpa of ethane  to secure the  diary  OPaL could build the petrochemi-  along with associated units and polymer
 Filling Station (CFS)  in Bhagapura,   feedstock  for OPaL,  from  May 2028  cal plant only in 2017. It sold the C2-C3  plants, to manufacture HDPE, LLDPE,
 Gujarat.  onwards.  To ship this ethane,  it  has  compounds extracted from the imported  PP and styrene butadiene rubber.

 The company’s Indian arm will   CHALLENGING CONDITIONS
 build, own  and  operate the new ASU
 and CFS which are planned to start   Borosil Renewables to shut German subsidiary;
 operating in 2027. This expansion will
 effectively  double  Air Liquide’s pro-  to focus on Indian solar glass market
 duction capacity in the region, comple-
 menting the existing  ASU  plant at   Borosil  Renewables  has  fi led  an  per day) was  once a vital part of  measures by the authorities concerned
 Jhagadia and ensuring enhanced supply   In line with Air Liquide’s sustain-  day of oxygen, nitrogen and argon   application to wind up operations  Borosil’s global footprint,  serving  has led to the shutdown of major solar
 for customers across Gujarat.  ability objectives which include reach-  gases.  of its German  subsidiary  to  sharpen  the  European  solar  glass market.  module manufacturers in Germany,
 ing carbon neutrality by 2050 and the   focus on the Indian solar glass  However, since the second half  with some of them filing for the
 The Bhagapura ASU will allow Air  state’s wind-solar hybrid power policy,   Benoit Renard, Managing Director,   market.  of 2023, the landscape changed  commencement  of insolvency pro-
 Liquide to support Gujarat’s industrial  there is a plan to decarbonise the site  Air Liquide India, said: “We are more   dramatically.  ceedings. Eventually, this resulted in
 growth  by  serving  sectors  like  auto-  through procurement of renewable  than doubling  Air Liquide’s produc-  In a regulatory filing, Borosil   the disappearance of the market
 motive, battery, electronics, with on site,  energies from 2029, the company  tion capacity  in Gujarat with our in-  Renewables said its material step-down   “The  challenges for GMB began  demand  for solar glass manufactured
 bulk, packaged gases and applications,  informed in a press note.  vestments in this  new  state-of-the-art   subsidiary in Germany, GMB Glasmanu-  with slide in demand for German-made  by GMB, causing substantial losses
 as well  as local hospitals  for medical   effcient air separation plant and  this   faktur  Brandenburg  GmbH,  has  fi led  solar panels, when faced with the preci-  to GMB, which has affected  the  con-
 gases. The plant will have a production   Air Liquide India owns six  cylinder  filling  centre.  By  increasing   an application for  the commencement  pitous drop in prices by Chinese  solidated  fi nancials  of  the  company,
 capacity of 200 tonnes per day, while  production facilities across North  our footprint, we will contribute to the   of  insolvency proceedings before the  manufacturers of solar panels, who  it said.
 the  filling  centre  has  the  capacity  of  and  West India with a production  growth of industries and healthcare   Insolvency Court at Cottbus, Germany,  have engaged in large-scale dumping in
 nearly 1,000 cylinders per day.  capacity of almost 1,500 tonnes per  sectors in this region.”  in accordance with the German Insol-  the European market, using predatory   Industry experts said the insol-
       vency Code (InsO).                pricing. Despite the alarms sounded  vency filing will lead to sharper
 TRANSPORTING FEEDSTOCK                  by the German solar module  manu-  focus on Indian operations  that  are
          The company said the decision was  facturers seeking protection against  witnessing  signifi cant  tailwinds.  The
 ONGC joins up with Japan’s Mitsui to build ethane carriers  reached after a comprehensive assess-  such dumping,  policy  responses to  move allows Borosil Renewables

 State-owned Oil and Natural Gas  tions Ltd. (OPaL), a subsidiary of  into CNG or used as cooking fuel) as   ment of market conditions, fi nancial via-  date have been insuffi cient,” the fi ling  to halt capital  bleed in a structurally
 Corporation  (ONGC) has signed an  ONGC,  for  captive  use  as  feedstock,”  well as ethane and propane – feedstock   bility, and long-term strategic priorities.  said.  declining market and reallocate
 agreement  with Japan’s Mitsui OSK  the fi ling said.   to make LPG and petrochemicals – on   resources toward its growth nucleus,
 Lines to enter into a partnership to build   a fi rm basis and the rest on best endeav-  GMB (capacity of 350 tonnes   Lack of meaningful  protective  India.
 two very large ethane carriers that will   ONGC plans to import ethane start-  our basis.
 be used to import petrochemical feed-  ing in mid-2028 to compensate for the   PRODUCT DIVERSIFICATION
 stock for its subsidiary. In a regulatory  altered  composition  of  liquefi ed  natural   This  contract  is coming  to  an  end
 fi ling, ONGC said it signed a Heads of  gas (LNG) sourced from Qatar, according  in 2028 and the revised contract signed   GACL ships out fi rst consignment of benzyl products
 Agreement with Mitsui “to enter into a  to  a  tender  that  the  state-owned  fi rm  last  year  envisages  QatarEnergy  sup-
 partnership  to build, own and operate  fl oated in March this year for selecting  plying ‘lean’ gas (one that is stripped of   Gujarat  Alkalies and Chemicals  by  Avantika  Singh, IAS, Managing  chemicals,  dyes and other industries,
 two very large ethane carriers (VLECs).  a partner for building the VLECs.  ethane and propane).  Ltd. (GACL) fl agged off the fi rst con-  Director, GACL.  supporting exports and job creation.
 It, however, did not give financial   signments of benzyl alcohol and benzal-
 details  of  the partnership, including the   India imports 7.5-mtpa of LNG   ONGC  had spent about Rs.   dehyde from its newly commissioned   With a capacity of 30,000-tpa, this   “This strategic initiative highlights
 equity stake the two fi rms would hold.  from Qatar. Under the  deal, Qatar  1,500-crore in setting up a C2 (ethane)   chlorotoluenes plant at Dahej (Gujarat)  state-of-the-art chlorotoluenes facility  GACL’s commitment  to innovation,
 Energy supplies 5-mtpa  of LNG that  and C3 (propane)  extraction  plant  at   on July 5, 2025.  is the largest in India, and will produce  self-reliance, and sustainable growth,”
 “The  VLECs shall be shipping  contains methane (used to produce  Dahej in Gujarat.  The C2/C3 so ex-  high-value chemicals used in pharma-  the company said in a social media
 imported ethane to ONGC Petro  Addi-  electricity, make  fertiliser, converted  tracted was used as a feedstock in its   The  virtual  fl ag-off  was  done  ceutical, perfumery, flavour, agro-  post.

 148  Chemical Weekly  July 15, 2025  Chemical Weekly  July 15, 2025                                   149


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