• Slider background
    PARTNER RELIABILITY
    Success has never impaired our vision,inspite of being one of the best distributors and trader with in north india ,we stand for the same value and morals that we take along .
  • Slider background
    DRIVE INNOVATION
    Chemicals is really a corner stone industry 96% of all manufactured goods are touched by chemistry so, innovation in the sector really impacts the whole economy . Being a part of innovation is the most important role in our organisation.
  • Slider background
    SUSTAIN OUR PLANET
    We are committed to promote environment friendly chemicals.
  • Slider background
    Growth Factor
    The growth potential inherit in this niche -jumping strategy began to dwindle in the late 1997.The driving force is dedicated hard work,honesty and reliable relationships within organisation.

News

 
  News from ICC Members:-
 
• BASF opens new Agricultural Research Station in Pune, India
• TATA Chemicals (Soda Ash) Partners Dedicates new Ventilation Shaft at Green River Mine
• Evonik Plans to build a New Production Plant for Precipitated Silica in The United States
• Bayer Expands Thermoplastic Polyurethanes Capacity in Cuddalore
• Bayer Cropscience Buys Vegetable Seed firm Seedworks India
• Clariant Brings Life to Plastics and Plastics to Life with Hydroceroltm
• Jubilant's Spokane Facility Successfully Concludes Inspection Status


News National

• CSIR-IIP Develops Nano-Catalysts for Manufacturing Petrochemicals
• CSIR Labs to Develop Technologies for National Missions
• Government to invest Rs. 10,500-Crore on Urea Plants in Jharkhand, Assam
• Mexico's Mexichem opens HDPE Product plant in Hyderabad
• GAIL Starts the work on first phase of Jagdishpur - Haldia Pipeline Project
• One-Day Seminar on "Research & Investment opportunities by utilising Domestic and Industrial Waste as Feedstock"
• Govt plans to set up Plastics Park in Manipur
• India to soon have its first Energy-Efficiency Venture Capital Fund
• Feasibility study for Nangal Urea Plant
• Mangalore Refinery Begins Commercial Production of Polypropylene
• New Ethanol Emission Norms for Vehicles
• Indian Surfactant Group urges Better utilization of Domestic Oils for Oleochemicals


News International

• Applied Graphene Materilas gets First Patent for Production Process
• Germany's Henkel to Invest Rs 220-Cr to build India's largest Adhesives Plant near Pune
• Arkema to Divest Subsidiary Sunclear to BF invest
• Driven by Shale Energy production, Global oversupply of Light Naphtha to Continue through decade-end
• BASF's Force Majeure for Nylon-6, 6 Polymers, Compounds
• Axiall and Lotte Chemical Finalize US-Ethane Cracker JV Plans
• US-Based Praxair to Supply Nitrogen to United Phosphorus' Jhagadia Plant
• CSB Releases Draft Investigation report into 2009 Explosion and Fire at Caribbean Petroleum Terminal Facility in Puerto RICO; Report finds Inadequate Management of Gasoline Storage Tank Overfill Hazard
• OECD Releases new Data on Nanomaterilas - Registrants asked to consider the Information
• Avoiding Testing Chemicals on Animals
• Registrants encouraged to Re-Assess Information on Reproductive Toxicity


ANNUAL INDIA CHEMICAL INDUSTRY OUTLOOK CONFERENCE

The chemical industry is critical for the economic development of any country, providing products and enabling technical solutions in virtually all sectors of the economy. Global chemical production growth slowed down from 4.4% p.a. in 1999-2004 to 3.6% p.a. in 2004-2009, with global chemical sales in FY10 valued at $3.4 trillion.

The industry is increasingly moving eastwards in line with the shift of its key consumer industries (e.g. automotive, electronics, etc.) to leverage greater manufacturing competitiveness of emerging Asian economies and to serve the increasing local demand. This has led to share of Asia in the global chemical industry increasing from 31% in 1999 to 45% in 2009.

With Asia’s growing contribution to the global chemical industry, India emerges as one of the focus destinations for chemical companies worldwide. With the current size of approximately $108 billion1, the Indian chemical industry accounts for ~7% of Indian GDP. The chemicals sector accounts for about 14%in overall index industrial production (IIP). Share of industry in national exports is around 11%. In terms of volume, India is the third largest producer of chemicals in Asia, after China and Japan. Despite its large size & significant GDP contribution, Indian chemicals industry represents only around 3% of global chemicals.

Two distinct scenarios for the future emerge, based on how effectively the industry leverages its strengths and manages challenges. In the base case scenario, with current initiatives of industry & government, the Indian chemical industry could grow at 11% p.a. to reach size of $224 billion by 2017. However, the industry could aspire to grow much more and its growth potential is limited only by its aspirations. In such an optimistic scenario, high end–use demand based on increasing per capita consumption, improved export competitiveness and resultant growth impact for each sub-sector of the chemical industry could lead to an overall growth rate of over 15% p.a. and a size of $290 billion by 2017.

The draft manufacturing policy recently approved by the Cabinet targets increasing the share of manufacturing in GDP to at least 25% by 2025 (from current 16%). It aims to create 100 million additional jobs through creation of National Investment and Manufacturing Zones (NIMZs) as mega investment regions, equipped with world class infrastructure. These zones will enjoy fast track clearances from the environment ministry and state pollution boards, special policy regimes, tax concessions and more favorable labour laws. Investments in manufacturing in the chemical sector are absolutely essential to ensure growth of the Indian chemical industry. Indian chemical industry – XIIth five year plan 4

Focused growth and planning for the chemical sector would enhance our global competitiveness further, increase domestic value addition, provide technological depth and promote sustained economic growth. In order to realize the growth envisaged above and leverage the India opportunity effectively, the chemical industry would require significant investments in capacity creation, technology development, access to feedstock and a larger pool of skilled human resources. This could translate into additional investment of $110-150 billion2. Pro-active action by the Government and nodal agencies of PCPIR zones through encouraging anchor tenants to establish facilities, making feedstock available for downstream plants and creating a favorable ecosystem in terms of infrastructure and other facilities will help them become true chemical manufacturing competence centers and also send a positive message to the global investing community. The chemical industry’s R&D spends would need to go up significantly from current levels of less than 0.5% of sales to reach closer to global benchmarks of 4% of sales (implying R&D spends of ~$12 billion by 20173 ). On the human resources front, adequate educational infrastructure would be required to impart vocational training to develop additional 4.5 to 5 million skilled workers by 20172. Over 15 years, employment potential could range between 8-9 million jobs.

The Indian chemical industry can deliver on an accelerated growth phase, provided a clearly defined vision along with a strategic roadmap is developed to enable it. If this is not done, we may see the growing market increasingly being served through manufacturing done outside India. The various segments of the chemical industry (such as organic chemicals, specialty chemicals, chlor-alkali, pesticides, colorants and alcohol based chemicals) have their own unique set of challenges. The industry can grow only if these individual segments overcome their challenges and move swiftly along the growth path. The performance of these segments has been studied in the subsequent chapters and targets/ goals have been set for the XIIth five year plan along with concrete action plans consisting of levers that will help overcome challenges and drive growth.

The industry and government will have to work in tandem to achieve the ambitious targets set for the chemical industry.

Overview of Indian and global chemical industry

The chemical industry is central to the modern world economy having a typical sales-to-GDP ratio of 5-6%. Global chemical production growth slowed down from 4.4% p.a. in 1999-2004 to 3.6% p.a. in 2004-2009, with global chemical sales in FY10 valued at $3.4 trillion.

The global chemicals industry is witnessing a gradual eastward shift. The industry is increasingly moving eastwards in line with the shift of its key consumer industries (e.g. automotive, electronics, etc.) to leverage greater manufacturing competitiveness of emerging Asian economies and to serve the increasing local demand.

Over the last 10 years, the share of Asia in global chemical sales has increased by ~14% points rising from 31% in 1999 to 45% in 2009. With rising concerns around climate change and depleting natural resources, focus on sustainability is another key trend impacting the global chemical industry. Chemical companies are increasingly working towards reducing energy intensity of their operations, minimizing effluent discharge and pollution, increasing the share of recyclable products in their portfolio and diversifying their raw material base to include bio-feedstock.

With Asia’s growing contribution to the global chemical industry, India emerges as one of the focus destinations for chemical companies worldwide. With the current size of $108 billion1 , the Indian chemical industry accounts for approximately 7% of Indian GDP. The chemicals sector accounts for about 14% in overall index of industrial production (IlP). Share of industry in national exports is around 11%. In terms of volume, India is the third-largest producer of chemicals in Asia, after China and Japan. Despite its large size and significant GDP contribution, India chemicals industry represents only around 3% of global chemicals.

Two distinct scenarios for the future of the Indian chemical industry emerge, based on how effectively the industry leverages its strengths and manages challenges. In the base case scenario, with current initiatives of industry & government, the Indian chemical industry could grow at 11% p.a. to reach size of $224 billion by 2017. However, the industry could aspire to grow much more and its growth potential is limited only by its aspirations. In an optimistic scenario, high end–use demand based on increasing per capita consumption, improved export competitiveness and resultant growth impact for each sub-sector of the chemical industry could lead to an overall growth rate greater than 15% p.a. and a size of $ 290 billion by 2017.


Chemical industry sub-segments

Basic Organic Chemicals

1. Introduction
Organic chemicals industry is one of the most significant sectors of the chemical industry. It plays a vital developmental role by providing chemicals and intermediates as inputs to other sectors of the industry like paints, adhesives, pharmaceuticals, dye stuffs and intermediates, leather chemicals, pesticides etc. Methanol, acetic acid, formaldehyde, pyridines, phenol, alkyl amines, ethyl acetate and acetic anhydride are the major organic chemicals produced in India. Formaldehyde and acetic acid are important methanol derivatives and are used in numerous industrial applications. Phenol is an aromatic compound and derived from cumene, benzene and propylene derivatives. Alkyl amines are used in the manufacture of surfactants. Pyridine derivatives are used in the manufacture of pharmaceuticals. Ethyl acetate is the ester of ethanol and acetic acid and is manufactured for use as a solvent. Acetic anhydride is widely used as a reagent. Natural gas/ naphtha are mainly used as feedstock for the manufacture of these organic chemicals. Alcohol is also an important feedstock for the industry, with sizable production of acetic acid and entire production of ethyl acetate being based on alcohol.

2. Global Scenario
Global production of organic chemicals was around 400 million tonnes during 2010-11. Major producers of organic chemicals are USA, Germany, U.K, Japan, China and India. Few Latin American countries, for example Brazil and Chile are increasing their presence in global organic chemicals market. Indian chemical industry – XIIth five year plan 16

3. Indian Scenario
Six major chemicals produced in India are Methanol, Aniline, Alkyle Amines and its derivatives like Formaldehyde, Acetic Acid and Phenol, contributing to nearly 2/3rd of Indian basic organic chemical industry. The balance 1/3rd of the organic chemical consumption in the country is accounted for by other wide variety of chemicals.