In­dian chem­i­cal in­dus­try should cap­i­tal­ize on the cur­rent op­por­tu­nity- Ash­win Shroff

Chemical Industry Digest - - News & Views -

The In­dian Spe­cial­ity Chem­i­cals Man­u­fac­tur­ers’ As­so­ci­a­tion’s (ISCMA) get to­gether event took place in Worli, Mum­bai on 4th May 2018.

Ash­win Shroff, Chief Guest, Chair­man and Man­ag­ing Direc­tor, Ex­cel In­dus­tries Ltd, ad­dress­ing mem­bers of ISCMA said “The tight­en­ing of the en­vi­ron­men­tal stan­dards in China and the con­se­quent clo­sure of sev­eral units present an ex­cel­lent op­por­tu­nity for In­dia to im­prove man­u­fac­tur­ing of chem­i­cals.” Hence, it is very clear that the cur­rent sce­nario in chem­i­cal in­dus­try fa­vors In­dia to man­u­fac­ture chem­i­cals and emerge as a global leader.

Ac­cord­ing to Shroff, “The spe­cial­ity chem­i­cal in­dus­try is seen as a so­lu­tion provider, not just a prod­uct seller, and will be shaped by global geo-pol­i­tics. Sus­tain­abil­ity helps in re­duc­ing the cost of man­u­fac­tur­ing chem­i­cals. The busi­ness of spe­cial­ity chem­i­cals is knowl­edge-driven and not cap­i­tal-driven.”

Talk­ing about Re­spon­si­ble Care, Shroff said “Self reg­u­la­tion is best and one way of achiev­ing this is by com­ply­ing with the codes of Re­spon­si­ble Care.” He urged the in­dus­try to go greener by con­sum­ing carbo- hy­drates as feed­stock in­stead of hy­dro­car­bons while car­ry­ing out chem­i­cal trans­for­ma­tions.

He stated that there was a need to in­no­vate quickly, cost ef­fec­tively and col­lab­o­ra­tively. “Elec­tric ve­hi­cles will pose many chal­lenges and op­por­tu­ni­ties,” he pre­dicted.

In her brief speech, Dr. Hem­lata Bagla, Prin­ci­pal, K.C. Col­lege, Guest of Honor, sug­gested that there should be a sys­tem in place that brings aca­demic in­sti­tu­tions and the chem­i­cal in­dus­try closer. She opined that chem­i­cal in­dus­try needs to de­sign the col­lege syl­labus for stu­dents be­cause train­ing and ori­en­ta­tion is an es­sen­tial step for stu­dents.

In his in­au­gu­ral ad­dress, Ka­shiprasad Mu­rarka, Pres­i­dent, ISCMA, sug­gested that the as­so­ci­a­tion should tie up with an an­a­lyt­i­cal lab­o­ra­tory so that ISCMA mem­bers can ben­e­fit. He urged the in­dus­try to pro­duce zero dis­charge of haz­ardous waste. He also sug­gested that har­mo­niza­tion of lab­o­ra­tory norms are needed for smooth func­tion­ing in chem­i­cal man­u­fac­tur­ing.

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