Page 128 - CW E-Magazine (24-6-2025)

Top Stories

into its business model. This latest that innovate responsibly. Maxvolt is in critical energy materials.” Maxvolt
expansion aligns with its ongoing Phase not only creating clean energy solutions achieved a revenue of Rs. 107-crore in
2 growth strategy that also includes but is also ensuring that these solutions FY25 with its integrated sustainability
capacity augmentation and energy storage do not become tomorrow’s waste,” said model comprising production, reuse,
system (ESS) battery production for Vishal Gupta, chairman and CTO, Max- and recycling. It produces batteries
solar and grid-scale storage projects. volt Energy. “Our upcoming plant will with active balancer systems, superior
embody global best practices in battery thermal management, and smart battery
“The future belongs to companies recycling, making India self-reliant control mechanisms.

COMMERCIAL SCALE OPERATIONS
TDB funds Clearsynth for making deuterated reagents

and building blocks

In a decisive step towards building of deuterated solvents. The initia- Department of Atomic Energy (DAE),
India’s capabilities in advanced specialty tive comes at a time when deuterated Government of India, ensuring long-term
chemicals, the Technology Development compounds are witnessing increasing access to heavy water.
Board (TDB), under the Department of global demand across sectors such as
Science and Technology (DST), Govern- pharmaceuticals, OLEDs, semiconduc- “This project positions India to capi-
ment of India, has extended fi nancial tors, and fi bre optics. Despite India’s talise on the rapidly expanding global
support to Clearsynth Labs Ltd. for setting robust pharmaceutical manufacturing base, market for deuterated compounds with
up a dedicated manufacturing facility for most Indian manufacturers are geared for widespread industrial applications. The
the commercial-scale production of standard APIs, not isotope-labelled com- bulk manufacturing of such materials is
deuterated reagents and building blocks. pounds, and the country has remained a strategically valuable and high growth
reliant on imports in this strategically opportunity,” said Rajesh Kumar Pathak,
The non-nuclear applications of deu- important yet niche segment due to the Secretary, TDB.
terium are increasingly fi nding traction lack of scalable, high-purity production
across industries. Bulk manufacturing of technologies within the domestic ecosystem. “Manufacturing deuterated solvents
deuterated reagents and building blocks and building blocks meeting stringent
is becoming increasingly important glob- “This project is a transformative specifi cations at a competitive price to
ally, as other than the use of deuterium move to strengthen domestic capabili- compete globally is challenging. With
labelled compounds for clinical research ties in high-value chemicals for pharma, TDB’s backing, we are confi dent in
applications and pharma research, it OLED, semiconductors, and fi bre optics,” building India’s scalable capability in
has potential application in medicinal TDB said in a press statement. this domain, aligned with the nation’s
chemistry and non-medicinal industrial vision for self-reliance and export leader-
sectors. The project, supported by TDB has ship in specialty chemicals,” said Vijay
the advantage of Clearsynth’s agreement Ambati, Managing Director & CEO,
Currently, India imports the majority with the Heavy Water Board (HWB), Clearsynth.
WATER SERVICES
Aquatech acquires Singapore-based Century Water

US-headquartered, Aquatech, a semiconductor, pharmaceutical and services and O&M support. This dedi-
leading global provider of water and advanced manufacturing sectors. cated hub positions Aquatech at the
process technology solutions with a forefront of ultrapure water manage-
subsidiary, Aquatech Systems Asia Pvt. Century will become Aquatech’s ment by enabling end-to-end, long-
Ltd., in Pune, has acquired Singapore- center of excellence for high-tech in- term water solutions for the world’s
based Century Water, a leader in ultra- dustries, with a focus on providing the fastest growing industries.
pure process water and wastewater re- global semiconductor industry with
cycling solutions with a focus on the high-purity water technology, digital “Century Water has built a truly

128 Chemical Weekly June 24, 2025

Contents Index to Advertisers Index to Products Advertised