Page 130 - CW E-Magazine (12-3-2024)

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ADVANCED MATERIALS
Grasim doubles capacity for epoxy resins and

formulated products

Grasim Industries Ltd., the fl agship
company of the Aditya Birla Group in its
Chemical business, formally inaugurated
the expansion project for epoxy resins
and formulated products at Vilayat,
Gujarat on January 30, 2024.

The capacity expansion boosts the
overall capacity of Advanced Materials
to 246,000-tpa from 123,000-tpa.

“The expansion marks a crucial
turning point for the Advanced Material
business to establish itself as a signifi cant
player in the worldwide epoxy materials
market, driven by ambitious growth (L to R): Mr. B. Venkataraman, President, Global Head – Sales & Marketing, Advance Materials;
strategies,” the company said in a press Mr. Pavan K. Jain, CFO, Grasim; Mr. Rakesh Chokshi, Joint President & Unit Head, Advance
statement. Materials; Mr. Jayant Dhobley, Business Head of Global Chemicals, Fashion Yarn & Insulators,
ABG; Mr. Rajesh Balakrishnan, CEO, Advance Materials, ABG; Mr. Naresh Satani, Functional
Head – Technical, Advance Materials; and Mr. Bipin Patel, Project Head, Advance Materials.
Emphasising the pivotal role that ad-
vanced materials, particularly epoxy res- This expansion not only demonstrates the effectiveness, integrating industry lead-
ins, play in propelling India’s imminent chemical business steadfast commitment ing safety protocols and sustainable
industrial growth, Mr. Jayant Dhobley, to innovation and sustainability, but also approaches such as implementing sol-
Business Head of Global Chemicals, reaffi rms our dedication to strengthen the vent-free technology, minimising water
Fashion Yarn & Insulators, Aditya Birla industrial and chemical sectors in Gujarat usage and waste production, and a
Group, said, “The demand for advanced and throughout India.” commitment to utilise renewable energy
materials like specialty chemicals tends sources,” said Mr. Rajesh Balakrishnan,
to grow faster than the GDP, especially in “The enhanced facility aims to CEO, Advanced Materials, Aditya Birla
consumption-based economies like ours. establish new benchmarks in operational Group.

Aether appoints Dr. James Ringer as CTO

Aether Industries Ltd., one of R&D at the Dow Chemical Company
India’s leading specialty and fi ne chemi- (USA).
cal manufacturers, has announced the
appointment of Dr. James W. Ringer “Aether Industries is confi dent that
as its new Chief Technology Offi cer Dr. Ringer’s wealth of experience and
(CTO) with effect from March 1, 2024. expertise will signifi cantly contribute
to the company’s continued growth and
Dr. Ringer has already been work- innovation as it remains dedicated to
ing with Aether for the last three years being a preferred provider of contract
as Business Development/Technology research and manufacturing services in
Leader (Americas). Previously, he had the speciality and fi ne chemicals indus-
a career spanning more than 30 years in try,” the company said in a statement.

130 Chemical Weekly March 12, 2024

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