Page 149 - CW E-Magazine (6-5-2025)

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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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