Page 126 - CW E-Magazine (13-5-2025)

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CHEMICAL DISTRIBUTION
Azelis announces acquisition of S. Amit Group

Azelis, the Belgian distributor of fulfi lment of customary closing condi-
speciality chemicals and food ingre- tions.
dients, has agreed to acquire 100% of the
distribution business of S. Amit Group, Mr. Amit Mehta, Founder & Pro-
a Mumbai-based distributor of perfor- moter, at S. Amit Group, commented,
mance chemicals for the pharmaceutical, “After over seven decades of building
agricultural and CASE markets in India. our business through differentiation
and creating value for customers and
With 16 employees, the S. Amit suppliers, we are thrilled to be part of
Group, established in 1948, serves over Azelis, a recognised innovation service
300 customers across the country. CASE markets is another demonstra- provider. This marks a signifi cant mile-
Azelis said S. Amit Group’s expertise tion of its commitment to continuously stone for S. Amit Group, and we are
and offerings across industries, including reinforcing its position as the industry confi dent that it will open doors to fresh
raw materials for active pharmaceutical reference in its focus end markets. possibilities and offer our customers a
ingredients and agroactives, comple- In addition to a widened distribution stronger portfolio of solutions.” Mr.
ment its lateral value chain in the Indian channel, principals are expected to benefi t Sertaç Sürür, Azelis Asia Pacifi c CEO,
market. “Customers will benefi t from from Azelis’s ability to leverage its added, “This acquisition unlocks new
access to a broader combined portfolio expanded product portfolio to create opportunities and strengthens our pre-
of products and technical expertise,” more formulations and develop new sence in the thriving domestic market
Azelis stated. applications for their products. in India. S. Amit Group’s value proposi-
tion complements Azelis’s capabilities
Azelis added that the product port- The transaction is expected to close and will allow us to deliver greater value
folio expansion in the pharma, agri and in the second quarter of 2025 after the for both customers and principals.”

COLLABORATION
NTPC Green Energy and Honeywell UOP ink MoU

on feasibility of SAF production

NTPC Green Energy Ltd. (NGEL) an integrated hub for
and Honeywell UOP India (UOP) have green chemicals and
inked a Memorandum of Understand- sustainable manufac-
ing (MoU) to explore the production of turing. The collabora-
sustainable aviation fuel (SAF) by con- tion seeks to combine
ducting feasibility study that leverages Honeywell UOP’s
Honeywell’s eFining technology and expertise in SAF pro-
carbon dioxide (CO ) emissions cap- duction with NTPC’s
2
tured from NTPC’s power plants and endeavours in deve-
green hydrogen. loping green hydrogen
projects.
The MoU was signed by Mr. D. M.
R. Panda, Executive Director (Hydro- The development
gen), NTPC and Mr. Ranjit Kulkarni, supports NTPC’s goal
VP & GM (ESS), Honeywell UOP component of NGEL’s ambitious green of achieving a 60-GW renewable energy
on April 25, 2025. hydrogen hub in Pudimadaka, Andhra portfolio by 2032, reinforcing its dedica-
Pradesh, which spans approximately tion to sustainable energy development
SAF production is a signifi cant 1,200 acres and is designed to serve as and India’s green energy transition.

126 Chemical Weekly May 13, 2025

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