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       WIDE PRODUCT PORTFOLIO                                                                                        DIVERSIFICATION
       Lanxess India organises its fi rst ‘Solutions Day’                                                             BC Jindal Group to enter RE component manufac-

       event in Mumbai                                                                                               turing


          Lanxess India, part of the German                                                                             BC Jindal Group has announced                                    end products and plan to leverage our
       speciality chemicals major, Lanxess,                                                                          its foray into renewable energy (RE)                                expertise in the renewable energy space
       recently  hosted  its  fi rst  ‘Solutions  Day’                                                                component manufacturing space with                                  to offer sustainable solutions,” a BC
       event in Mumbai.                                                                                              a plan to invest Rs. 15,000-crore by                                Jindal Group spokesperson said.
                                                                                                                     2030.
          The company presented its diversifi ed                                                                                                                                             The conglomerate announced that
       and sustainable product portfolio to an a                                                                        The group will diversify and com-                                it has shortlisted two states – Maha-
       udience comprising its customers, media                                                                       mence manufacturing of key com-                                     rashtra and Gujarat – to set up produc-
       and other key stakeholders. Lanxess was                                                                       ponents, including solar cells and                                  tion facilities for RE equipment manu-
       represented by all its nine business                                                                          modules, storage battery cells, and                                 facturing. “Approximately 40 percent
       units – Advanced Industrial Intermedi-                                                                        assembly and solar glass, the company                               of the manufacturing output is likely
       ates, Flavors  &  Fragrances, Inorganic                                                                       said in a statement.              glass manufacturing unit with a capacity  to be captively consumed for our
       Pigments, Liquid Purifi cation Techno-                                                                                                           of 1,200 tonnes per day.          renewable energy generation projects,”
       logies, Lubricant  Additives Business,                                                                           In the fi rst phase of the project, the                           the spokesperson added.
       Material Protection Products, Polymer                                                                         group aims to deploy an investment   “Our foray into the renewable en-
       Additives, Rhein Chemie and Saltigo.                                                                          of Rs. 4,000-crore to kickstart its RE  ergy component  manufacturing  sector   Recently, the  group’s renewable
                                                                                                                     component manufacturing venture.  is a refl ection of our unswerving com-  energy arm, Jindal India Renewable
          The ‘Solutions Day’ was organised                                                                          This phase will include setting up  mitment towards supporting India’s vi-  Energy (JIRE), secured a 300-MW so-
       with the intent to highlight the concept of                                                                   2-GW of solar cell manufacturing/  sion of installing 500-GW of renewable  lar-plus-battery energy storage project
       ‘One  Lanxess’,  where  each  business  and innovation across these different  ledge sharing, identifying potential   solar module production, 4-GWh of  energy capacity by 2030. At BC Jindal,  (BESS) from NHPC, signalling its ex-
       unit had the opportunity to present its  segments of the company.  areas for collaboration, and leveraging    battery storage capacity, and a solar  we foresee a rising demand for end-to-  pertise in large-scale renewable projects.
       products and solutions.  It served as a                            the strengths of each business unit to
       platform  to  showcase  Lanxess’ solu-  Speaking on the occasion, Mr. Namitesh  drive overall growth and success.  GREEN ENERGY
       tions tailored for a wide range of indus-  Roy  Choudhury,  Vice  Chairman  &                                 Govt. mulls setting up regulator as private sector
       trial  applications and to  highlight  the  Managing Director, Lanxess India said,   “Our goal with Solutions Day is to
       cross-business  synergies  that  defi nes  “We are a solutions provider  to our  strengthen our existing partnerships and   set to enter atomic energy space
       the company’s integrated approach.  customers rather than just a chemicals  explore future collaborations that support
                                         supplier. This is enabled by the strong  sustainable industry growth.  Through   The government could set up a regu-                            tion and disposal of waste would be
          As part of the strategic transforma-  network of  application development  this event we want to highlight Lanxess’   latory authority to oversee nuclear fuel                 monitored by this regulator, the offi cial
       tion from a polymers to speciality chemi-  laboratories in regions like India, China,  integrated offerings to all our stakeholders   supply chain and waste management to        said, adding that this would allow the
       cals company, Lanxess now focuses on  US and Europe.”              and address the global industrial chal-    prevent misuse and diversions, a report                             government to retain control over
       three key segments: Consumer Protec-                               lenges through the combined  power of      in the  Economic Times said quoting                                 nuclear fuel management.
       tion Products, Specialty  Additives, and   The event featured interactive ses-  sustainable chemistry, innovation, and   unnamed government offi cials.
       Advanced Industrial  Intermediates.  The  sions, technical presentations and net-  responsible business,” informed Mr. Roy                                                           These safeguards would be in line
       event aimed at fostering collaboration  working opportunities, fostering know-  Choudhury.                       A stringent framework to secure the                              with global best practices and were
                                                                                                                     entire supply chain for nuclear energy                              needed in view of the risks of diversion
       Chemical Industries Association and partners                                                                  is being discussed as part of changes to                            of fuel, he said.

       organising PSM conference in Chennai in June                                                                  the Atomic Energy Act to allow entry of   requirements. India aims to achieve   Besides, the design of plants would
                                                                                                                     the private sector.
                                                                                                                                                       net-zero status on carbon emissions by  have to be vetted and approved by the
          Chemical  Industries Association  “Transforming Chemical Industries  event will focus on sectors like oil &   The country plans to ramp up its  2070.                          Atomic Energy and Regulatory Board
       (CIA)-Chennai in collaboration with  through Process Safety”, in Chennai  gas,  refi neries,  chemicals,  fertilisers,   nuclear energy to 40-GW by 2035 from                      (AERB), which will also be responsible
       Indian Chemical Council (ICC), FICCI  from June 26 to 27, 2025. Touted as  speciality chemicals, pharmaceuti-  8-GW now and is banking on public-  No  enrichment facilities would  be  for  monitoring regulatory compliance
       and Manali Industries  Association  “India’s largest process safety man-  cals, steel, power, and other process   private partnerships to set up small  allowed at these plants and the entire  in view of safety concerns, the offi cial
       (MIA) is organising a conference on  agement (PSM) conference”, the  industries.                              modular reactors to meet green energy  supply  chain covering import, utilisa-  said.


       148                                                                       Chemical Weekly  May 6, 2025        Chemical Weekly  May 6, 2025                                                                    149


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