Page 170 - CW E-Magazine (28-5-2024)

News from Abroad

PARTNERSHIP
DKSH inks distribution agreement with Chemours

in Southeast Asia

Switzerland’s DKSH has an- ropolymers include
nounced that its Performance Materi- industrial manufac-
als business unit, a distributor of turing, automotive,
speciality chemicals, will provide electronics, cabling,
business development, marketing, semiconductor manu-
sales, logistics, and distribution ser- facturing, aerospace ACE CHEMIE
vices for Chemours’ trademarked energy, among others.
ZYNK ENERGY LTD.
branded products: Krtyox lubricants ZYNK ENERGY LTD.
and Tefl on range of fl uoropolymers, in Mr. Atul Nagarkar,
Brunei, Cambodia, Indonesia, Laos, Vice President, Global
Malaysia, the Philippines, Singapore, Specialty Chemicals
Thailand, and Vietnam. Industry, DKSH, com-
mented, “Our deep
Krytox high-performance lubri- chemical processing, and electronic market insights and broad range of ser-
cants are durable and versatile, industries. vices in the region will enable us to in-
developed to withstand extreme tem- crease growth for Chemours’ brands and
peratures, harsh chemicals, steam, Tefl on fl uoropolymers can withstand generate more value for our wide cus-
and moisture. The lubricants have thermally and chemically harsh envi- tomer base by using traditional and digi-
applications in aviation, automotive, ronments. Applications for Tefl on fl uo- tal distribution and marketing channels.” WE KNOW NO

FUNDING
Abu Dhabi’s Mubadala invests in Australia’s largest BOUNDARIES

urea project

A force of strength, innovation, progress &
Abu Dhabi sovereign investor industrial emissions and
Mubadala has joined US-based Global lower the carbon footprint, stability is now one & as a progressive unit,
Infrastructure Partners to invest in with Perdaman committed we create more value through our
industrial chemical producer Perda- to making the plant net
man’s $4.2-bn (AUD6.4-bn) Western zero by 2050. entrepreneurial spirit
Australia Urea project, one of the
largest urea fertiliser facilities in the The project will ad-
world. dress the rising demand
for high-quality fertilisers
Mubadala said the transaction rep- while reducing Australia’s
resents the largest investment ever reliance on imports. Per-
made in the Australian fertiliser indus- daman commenced opera-
try, without disclosing its value. The tions at the urea plant, with
facility is expected to produce more the fund’s Executive Director of Tra- the help of a AUD2.1-bn equity invest-
than 2-mtpa of urea. “The investment ditional Infrastructure. The plant will ment from Global Infrastructure Part-
aligns with Mubadala’s responsible incorporate the latest technology to ners in April 2023. The company aims
investing mandate, supporting national ensure optimised energy effi ciency to produce 2.3-mtpa of urea at a site MANUFACTURERS OF ZINC OXIDE SUPPLIERS OF TITANIUM DIOXIDE
and regional food security ambitions and low emissions. It will also adopt near Karratha in Australia’s northwest, UNDER THE BRAND “SWASTIK”
while reducing the carbon footprint of clean technologies such as solar energy around half of which is destined for Office No. 708, Swastik Disa Corporate Park, LBS Marg, Ghatkopar West, Mumbai 400086.
urea production,” said Mr. Saed Arar, and green hydrogen to minimise Asia, Brazil and the US. Tel: +91-22-67969105/07 | Mobile +919004558108 / 9322221305
Email: info@acechemieindia.com | www.acechemieindia.com
170 Chemical Weekly May 28, 2024

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