Page 138 - CW E-Magazine (21-11-2023)

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INNOVATION CHALLENGE 2024

ISC3 looking for innovative, sustainable solutions N,N,N,N-Tetramethyl Ethylene Diamine

for textiles

Which innovative ideas in Sustain- ISC3 is looking for innovations in The fi nalists selected by the inter-
able Chemistry have the potential to the fi eld of Sustainable Chemistry and national jury will receive access to (TMEDA)
improve the textile sector? This is the textiles, particularly in the following customised support through the ISC3
question posed by the International main areas: Global Start-up Service as well as
Sustainable Chemistry Collaborative  Environmentally benign produc- pitch training, networking opportu-
Centre (ISC3) in the ‘Innovation Chal- tion: Substitution of harmful chemi- nities and visibility through the ISC3
lenge 2024.’ cals in textile and leather manufac- communication channels. DIETHYL HYDROXYLAMINE 85% & 98%
turing; Alternative processes, e.g.,
Start-ups and innovators from all use of enzymes for leather tanning; The winner of the ‘Innovation (DEHA 85% & 98%)
over the world can now apply with etc. Challenge 2024’ will receive prize
their answers and solutions in the fi eld  Alternative materials and feed- money of €15,000. In addition, the 2-ETHYLHEXYLAMINE
of Sustainable Chemistry for the annual stock: Use of alternative fi bre feed- winners of two further categories,
ISC3 innovation competition, which stock, e.g., pre- and post-consumer namely ‘Best Regional Impact’ and (MONO, DI, TRI)
is once again endowed with a total of fi bre waste and agricultural waste ‘Best Social Impact’ or ‘Special
€25,000. The application period started and recycled textile waste in textile Impact’, will receive prize money of DIETHYL TOLUAMIDE
on November 1, 2023 and the ISC3 production; alternative materials, €5,000 each.
will accept applications until March 1, e.g., natural alternatives to synthe- (DEET)
2024. tic fabrics or vegan leather alterna- Applications submitted by innova-
tives; etc. tors and entrepreneurs from the Global
“Sustainable Chemistry plays a  Waste minimisation and recycling: South and ideas that address challen-
crucial role in transforming the textile Material-effi cient manufacturing of ges in developing countries are particu-
industry to achieve the UN Sustainable fabrics and garments; mechanical larly encouraged. The fi nalists will be
Development Goals. For this reason, recycling of textile fi bres and fab- offi cially announced at the end of June
we want to address, reward and pro- rics; etc. 2024. They will pitch for the Innova-
mote Sustainable Chemistry start-ups  Alternative business models: Social tion Award at the ISC3 Investor Forum
and their original solutions for the tex- entrepreneurship improving the tex- in autumn or winter 2024.
tile sector as part of this year’s ISC3 tile supply chain and contributing to
Innovation Challenge,” Dr. Alexis local/regional employment; chemi- Further information and registra-
Bazzanella, Director, ISC3 Innovation cal leasing concepts for textile tion at https://www.isc3.org/page/
Hub, said. chemicals, dyes, etc. innovation-challenge.

Dhanuka Agritech’s Q2 net profi t rises 39%
Contact Contact
Gurugram-based agrochemicals rainfall, falling prices, and subdued The demand for agrochemicals is
fi rm, Dhanuka Agritech, has reported exports demand,” Dhanuka Agritech’s expected to improve from the third
a 39.4% rise in its net profi t to Managing Director, Mr. M.K. Dhanuka quarter of the fi scal. “In the backdrop
Rs. 101.77 crore in the July-September said in a statement. “The uneven of higher MSPs for the rabi crop
quarter of the current fi scal year. Its rainfall in the country also impacted announced by the government, and
net profi t stood at Rs. 73.02-crore our revenue and bottom line,” he said. increased water levels in the reser-
in the same year-ago period. Total voirs, the demand for agrochemicals
income rose 14% to Rs. 617.92-crore “We are cautiously optimistic in the domestic market is expected
(Rs. 542.90-crore). about the demand in the remaining to improve,” Mr. Dhanuka said. The
part of the fi scal year amid El Nino company has four manufacturing units Hyderabad : Commerce Centre Pharmachem Pvt. Ltd., Tel.: 040-2341 3413/4/5/6 Fax: 040-23413412
“The company did reasonably well conditions and global inventory in the in Gujarat, Rajasthan, and Jammu & Email: commercecentre.in@gmail.com
during challenging times amid erratic agrochemicals,” he added. Kashmir.

138 Chemical Weekly November 21, 2023

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