CHEMICALS NEWS
GLENMARK PROPOSES |
venture equally owned by the Government of the |
7,500 crore in the SEZ, of which six companies |
SYNTHETIC ORGANIC |
Kingdom of Bahrain, Saudi Basic Industries
Corporation( SABIC), and Petrochemical
|
with combined investment of more than Rs 800 crore have commenced production and registered |
CHEMICALS UNIT |
Industries Company( PIC), Kuwait. |
exports worth Rs 436 crore in the previous fiscal. |
Glenmark Pharmaceuticals Ltd has approached the The two contracts, on EPC Lump-sum Projects of organic chemical manufacturer Rallis Ministry of Environment and Forests in connection turnkey contract basis, have a total value of India, insulation products manufacturer Roxul with its proposed plan to set up a synthetic organic approximately USD30 million. The individual Rockwool and plastics chemicals manufacturer intermediates chemicals manufacturing unit at completion for Boiler and Substation Projects are Indofil chemicals came on stream recently. " With Shendra in Maharashtra ' s Aurangabad district. The scheduled for March 2013 and March 2014 more investments pouring in and more companies company proposes to produce 1628 kg of synthetic respectively. reaching the production stage, we expect the organic intermediates chemicals per month. The In detail, the boiler project involves exports to cross Rs 1,000 crore in the current products proposed are Bendamustine, Clofarabine, supply and installation of H P Steam Boiler of net fiscal," said Dahej SEZ CEO R J Shah. Decitabine, Triflusal, Penciclovir, Adapalene capacity of 80 tons of steam at 115 bar and 5100C. Investments totaling Rs 35,000 crore are microsphere, Tretenion microsphere and GPIC already has three boilers of same capacity. expected in Dahej SEZ. Developers expect the Ritapamulin. The company said it will invest Rs 47 The HP superheated steam produced from this SEZ will witness exports worth Rs 75,000 crore crore in the project. The land area is 33 acres of new boiler will be tied to the existing HP steam every year when all the units start production. which 10.89 acres is for greenbelt development. network to increase the plant reliability and RoxulRockwill has invested Rs 150 crore for According to Glenmark, it will employ 80 people. sustainability. The scope covers all the related manufacturing insulating materials, Indofil has There are also no historical places, defence equipment of feed water system, de-aeration and pumped in Rs 135 crore for producing plastic installations, archaeological sites, wildlife blow down system. chemicals, Japanese company DIC Finechem has sanctuaries or national parks and ecologically- The substation project, instead, involves invested Rs 203 crore for producing ink. Similarly, sensitive areas within a 10 km radius from the supply and installation of SS 10 which would manufacturer of high pressure seamless steel project site. The increasing industrial activity will supply power to the new HP boiler plant, Hypo- SarjuImpex Limited has invested Rs 56 crore in also boost up the commercial and economic status chlorite Unit and Desalination Plant. The scope the SEZ. Panama Petrochem Limited, of the locality, the company said in its presentation. includes supply and installation of the new manufacturer and exporter of petroleum speciality In order to mitigate the air pollutants and to electrical equipment right from transformer up to products, has invested Rs 35 crore. Another attenuate the noise generated by the plant and also the LV switchgear and complete design of the new company Firmenich Aromatics Production India improving the ecology and aesthetics of the area, the sub-station building. The scope also includes Private Limited, a producer of perfumery and unit will develop the green belt, the company said, modification of the existing 11 KV switchgear flavoured chemicals, has invested Rs 246 crore in adding there will not be any major potential for panels from where the power is fed to SS 10. the SEZ. Rallis India ' s manufacturing facility for negative impact on the environment due to the GPIC( Gulf Petrochemical Industries Co.) organic chemicals at the SEZ went on stream proposed project and that all environmental operates a natural gas based large petrochemical earlier this month. With an investment of Rs 175 infrastructures are available in the region. On the complex consisting of 1200 MTPD Ammonia, crore in the first phase, the company has targeted contrary, there will be positive impact on the socio- 1200 MTPD Methanol plant and 1700 MTPD exports worth Rs 600 crore in three years, said a economic environment since the project will Urea plant. The complex is located at Sitra- senior official of the Tata group company. generate some permanent and secondary Bahrain. The company also expects business employment and it will increase direct and indirect TICB has already executed a Carbon revenue from contract manufacturing to go up employment opportunities, the company said. The Dioxide Recovery( CDR) unit for GPIC, Bahrain manifold in the next few years. Currently, 11 per company further said it will adopt all safety and which was successfully commissioned in cent of its total revenue comes from contract hazard identification measures besides a strong December 2009 and it ' s of great honor and pride manufacturing. " We want to raise our turnover disaster management policy. for TICB to have received a repeat order from a from Rs 1,100 crore to over Rs 5,000 crore in
TECNIMONT ICB BAGS |
prestigious client like GPIC. |
seven years. We will export through contract |
TWO AWARDS IN
BAHARAIN
|
EXPORTS FROM DAHEJ
SEZ TO CROSS RS 1,000
|
manufacturing. We will be producing herbicides, pesticides and insecticides according to the demand of our clients," said Y J Rao, head |
MaireTecnimontS. p. A. announces that its fully |
CRORE IN 2012-13 |
( Technology), of Rallis. |
owned Indian subsidiary, Tecnimont ICB Pvt Ltd AHMEDABAD: Exports from Dahej Special Dahej SEZ, a joint venture between( TICB), has been awarded two contracts for supply Economic Zone in Gujarat will cross the Rs 1,000 Gujarat Industrial Development Corporation and and installation of HP Steam Boiler and Substation crore during the current fiscal as more of its units Oil and Natural Gas Corporation( ONGC), is projects in Bahrain. The client is Gulf have commenced production recently, said SEZ developed over 1,700 hectare and is a part of Petrochemical Industries Company( GPIC), a joint officials. So far 60 companies have invested Rs Dahej Petroleum Chemical and Petrochemical
32 THE MAZADA PHARMA GUIDE ●15 July- 21 July 2013