Professional Documents
Culture Documents
Aug Sept 2019
Aug Sept 2019
S
ASSOCIATE EDITOR | Swati Deshpande
swati.deshpande1@wwm.co.in +91 99204 00833
ince the Industrial Revolution in 1760, the global economy has
ASSISTANT ART DIRECTOR | Sanjay Dalvi moved along a linear path and that too at an incremental speed.
sanjay.dalvi@wwm.co.in
It has been based on a very uncomplicatedly dangerous concept
PROJECT COORDINATOR | Fiona Fernandes of abusing finite natural resources to turn them into products that
fiona.fernandes@wwm.co.in would eventually end up as waste and cause irreversible damage
to the environment. Plastic, although came with immense advantages,
ADVERTISING
too became a part of this linear economy.
SOUTH
Mahadev B Sadly, it has taken us more than two hundred years to
mahadev.b@wwm.co.in +91 9448483475
Prabhugoud Patil realise the damage caused by the linear business model. “But is it too late?
prabhugoud.patil@wwm.co.in +91 9980432663 Yes, it’s quite late. But is it too late? Not if a never- Not if a never-
WEST & NORTH
before collaborative endeavour is launched world over before collaborative
Ranjan Haldar to transform businesses into a circular economy that is endeavour is
ranjan.haldar@wwm.co.in +91 9167267474
Jangam G.
based on re-using and recycling products rather than launched world
jangam.gangaram@wwm.co.in +91 9820053063 creating a waste out of them. Of course, this is more over to transform
than a Herculean task! Talking specifically about our businesses into a
industry, the root cause of most of the pain is really
OVERSEAS PARTNER | Mike Hay
circular economy.”
Ringier Trade Media the single-use plastics. It is estimated that packaging
China Taiwan Hongkong & South East Asia
mcchay@ringier.com.hk +852 2369 – 8788 accounts for almost half of the global plastic waste
and this primarily comes from single-use plastics. From the ubiquitous
SUBSCRIPTIONS polythene bags to the packets of chips and from the milk bags to the
subscriptions.rmd@timesgroup.com shampoo sachets, it’s all about single-use plastics!
022 67427209 / 67427206
It is not often that the opposition parties agree with the Government.
But when PM Modi’s Independence Day speech gave a call to create an
India which is free from single-use plastics, leaders from opposition par-
ties signalled a clear consensus on this issue. This shows the gravity of
Printed and published by Joji Varghese for and
on behalf of owners Worldwide Media Pvt Ltd the situation. Now, it is for the industry to respond to the situation with
(CIN:U22120MH2003PTC142239), The Times of India possible solutions that present eco-friendly alternatives both from the
Building, Dr DN Road, Mumbai 400001. Printed at
JRD Printpack Private Limited, 78, Resham Bhavan, material perspective as well as from the design point of view. Let’s look
7th Floor, Veer Nariman Road, Churchgate, Mumbai - 400
020. Editor: Niranjan Mudholkar. Published for August - at the opportunities rather than crying about the challenges!
September 2019
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CONTENTS
8 News
16 Appointments
20 Event Calendar
Interview:
22 PVI 2020: Bigger - Better - Grander
48 Leveraging opportunities
49 Driven by values and innovation
61 Creating a ‘good’ future!
COVER STORY
Preforms:
54 Molding with success!
Entrepreneur:
58 Clocking high rate of success!
59 Perfect recipe of success!
PACKAGING RECYCLING
8
NEWS NATIONAL
shift in focus from combustion engines under 150 cc category to electric mobil- jointly by UNIDO & to support
ity. capacity building & skill develop-
In this regard, Vikas Jhabakh, Managing Director, Benelli India said, “If we ment of technical manpower in the
find that the market for electric products is developed and that consumers are Concentrated Solar Thermal Energy
willing to spend that much then we can bring it here. The R&D is already there. Technologies (CST) which are being
We just need to tune the products to suit Indian requirements.” used to replace conventional fossil
Benelli India has already set up an R&D based on which, the future of fuels & save costs & emissions in the
Benelli Electric Bike variants in India will be decided. industrial process heat applications.
10
NEWS INTERNATIONAL
formance Polyamides Business in €300 million. tries. The Company has a global network of
Europe. This includes Engineering The acquisition of this lead- 24 production sites and 12 R&D facilities.
Plastics operations in France and ing PA 6.6 business will signifi- Jack Boss, ECO & President, Momen-
Poland; High Performance Fibers cantly strengthen Domo Chemi- tive said, “We believe this is a great outcome
in France; Polymer and Interme- cals’ downstream nylon based for all of our stakeholders, delivering maxi-
diates operations in France, Spain engineering plastics business mum value to our stockholders while posi-
& Poland. The agreement also - and create a European leader tioning the Company for long-term growth
involves a joint venture between with scale, entering the market & future job creation that will benefit our
BASF and DOMO in France for with a top position in PA6/6.6 talented employees across the globe, custom-
the production of Adipic Acid. in Europe. The result: a backward ers and suppliers. The transaction will not
The Business comprises Produc- integrated business with unique only allow our silicones & quartz businesses
tion, Sales, Technical Support, technology capabilities and a se- to benefit from KCC & Wonik’s indus-
R&D and Innovation services cured supply of key raw materi- try expertise but will also further enhance
which currently have a combined als. There will be a strong focus Momentive’s global leadership position by
headcount of approximately 1100 on driving combined innovation, expanding our portfolio of products, broad-
employees. The acquisition, which whilst accelerating future growth. ening our geographic reach & strengthening
is subject to approval by the com- Through the acquisition Domo our financial position. We look forward to
petent competition authorities, is Chemicals Turn Over will grow partnering with the teams at KCC, Wonik
expected to close by the end of from 900 mio € to 1,600 mio €. & SJL after the transaction closes.”
12
NEWS INTERNATIONAL
(60%) and LANXESS (40%). Currenta, including a transferred upon its easy access to raw materials, being adjacent
real estate portfolio by Bayer, is valued with a total enterprise to the INEOS Styrolution’s styrene monomer plant,
value of EUR 3.5 billion before deduction of net debt and pen- low cost utilities and proximity to major customer
sion obligations. markets. The new site is expected to be operational
“We are delighted to announce that in MIRA, the world’s by 2021.
leading infrastructure asset manager, we have found the right The groundbreaking ceremony was hosted by
partner to drive the successful development of Currenta while Greg Musler, INEOS Styrolution Project Director.
leveraging its international expertise,” said Dr. Hartmut Klusik, Attendees included local government and business
member of the Board of Management and Labor Director of leaders, engineering and construction representa-
Bayer AG. “In addition, MIRA has a long term focus and will tives, and several project vendors.
also be a reliable employer for Currenta’s employees.” Bayer and Alexander Glueck, President Americas at IN-
MIRA have reached an agreement on long-term service and sup- EOS Styrolution, explained, “I am excited to see us
ply contracts, he added. “We will continue to work closely with building the most efficient dedicated ASA plant in
Currenta moving forward,” Klusik underlined. the world, here in Bayport. ASA is a versatile high
Bayer’s 60 percent stake in Currenta has an equity value of performance styrenic resin.”
approximately EUR 1.17 billion (after deduction of net debt “Its properties make it the material of choice
and pension obligations). In addition, in order to strengthen the for numerous outdoor applications. ASA performs
Currenta Group, Bayer is selling to it an extensive package of greatly in exterior automotive and construction ap-
real estate and infrastructure for EUR 180 million. plications,” Glueck adds.
14
APPOINTMENTS
Schaeffler India Limited has announced that the Board of Directors approved the ap-
pointment of Harsha Kadam as Managing Director for a period of five years. Kadam will
assume office effective October 01, 2019 succeeding Dharmesh Arora who will take over
as Regional CEO - Asia Pacific and Executive Board Member, Schaeffler AG. Kadam
joined the company in March 2018 as President, Industrial business, a role that he will
continue to hold in addition to the MD role. Arora will remain a Director on the Board
of Schaeffler India Ltd.
“We are very pleased to welcome Harsha Kadam as the new Managing Director. He
brings with him strong knowledge and distinguished experience which will be vital as we
continue our ambitious plans to grow in India and seize the opportunities this market has
to offer. We also thank Mr. Arora for his exemplary leadership that culminated in success-
ful merger of all Schaeffler entities in India and strategic development of Schaeffler India
Ltd. We wish them both very best for their new and exciting roles,” said Avinash Gandhi,
Chairman of the Board of Directors, Schaeffler India Ltd.
In his previous assignments, Kadam was the CEO of AGI Glaspac (India) and held several positions of increasing respon-
sibilities at SKF India. In a career spanning more than 25 years, he has led several businesses including functions like Sales,
Manufacturing, Product Design and Development. He is holder of several patents and has won global awards for innovation
excellence. Kadam is a Mechanical Engineer with additional qualifications in business management.
16
APPOINTMENTS
18
CALENDAR
OCTOBER Fakuma
DECEMBER Plast Eurasia Istanbul 2020 Location: Friedrichshafen, Germany
4–7
Website: ww.plasteurasia.com
13–17 Background:
Background: Attention for this edition of the
The exhibition areas of the Plast Eurasia exhibition will be focused on the latest technologies which
include plastic, machinery and equipment, mold making, plastic promise highly advantageous benefits, as well as processes and
products, raw materials, packaging technology, hydraulics and tools for efficient plastics processing by means of injection
pneumatics, as well as related industries and trade journals. moulding, extrusion, thermoforming and 3D printing.
SE
U R INHOUG MF
S
O MIN
T
UPCO &
EN
BEST
EV
METAL
FORMING
BRANDS
20 2019 2019
October 26, 2018 | Pune
September 24, 2019 October 1, 2019 | Bengaluru December 12-13, 2019
INTERVIEW
the smallest industry person by host- What are your expectations from on environment, plastic is in center
ing various meets and road shows this edition of PVI 2020? of discussion on every platform.
not only in India but also globally. At a time when the entire industry is The need of the hour is to edu-
This edition of PVI as well is not ex- facing challenges, PVI 2020 is tak- cate people about ill effects of lit-
ception to it. ing lead to boost business like never tering and challenge to make them
before. Huge turn out and footfalls aware how plastic can save planet.
Please tell us about the key high- of focused visitors during five days
lights of this edition. of exhibition is expected to generate How does Plastivision India 2020
Addressing ever growing techno- business worth thousands of crores help the industry overcome these
logical advancements, during PVI taking business matrix to a higher challenges?
2020 we are giving immense impor- level. PVI 2020 is organizing competi-
tance to Industry 4.0, 3D Printing, tions. Additionally, AIPMA is play-
recycling, etc. Therefore, one will Can you please tell us about global ing active role in CSR activities
be able to see pavilions focusing participation in the exhibition? such as beach cleaning. We are also
on Industry 4.0 and 3D printing. More than 25 countries have con- spreading awareness on pros & cons
Also, Ministries of Defence, Oil firmed their participation in PVI of plastic ban. Besides these initia-
companies, Railways, have been of- 2020. This year too China takes lead tives, we are putting more thrust on
fered special pavilion. Additionally, with maximum exhibitors presence waste management and recycling
AIPMA is also organising Global with securing of largest ever stall machine manufacturers.
22
PACKAGING
E
volution is inevitable. brand and product information, and
From F&B to Electronics they cannot be stacked against each
to FMCG, we see a new other comfortably without wob-
product, a new service, bling. That could be overcome, if the
something new every so often. With 3D pouch could get past these flaws.
the advent of latest state-of-the-art It is to address these very chal-
technologies, every industry is evolv- lenges that a concept for a better,
ing at a rapid pace. All products and more reliable product came up.
services undergo upgradation every
few months or years, and the rice bag 4D Pouch Packaging
is no exception. As mentioned before, evolution is
India’s packaging industry, es- the norm in the world. To elimi-
timated to touch US $72.6 billion nate the challenges faced by the 3D
by FY 20 is witnessing outstanding pouches, Uflex once again led the
growth, thanks to the rising popula- way and introduced the 4D pouch-
tion, rise in income levels and chang- es in the market. The 4D pouch
ing lifestyles. All of which has led packaging is designed with special
Uflex, a leading global player in the focus on better material, conveni-
Flexible Packaging Industry, to in- ence and user-friendliness. With
vest in and give rise to a unique and more available area for projection of
new kind of product development – do not require secondary carton, are brand communication, the packag-
the 4D Pouch. tamper-evident and more. ing works towards better consumer
awareness by providing more space
The Old The Challenges to share mandatory product infor-
Uflex has pioneered the process of Uflex faced some challenges with the mation.
making pouches for a vast range 3D pouches. First and foremost, was The pouches have a high shelf
of products, majority being food fast moving competition into the appeal, and actually replicate the
The Economic Times POLYMERS | August-September 2019
products. One of its most success- space. As precedent tells us, while shape of the box because of its brick
ful developments in earlier days was first mover advantage is very useful, shape, thereby virtually replacing the
the 3D pouches. These pouches are it is short lived. Therefore, with the earlier discussed ‘bag in box’ type
often used in packaging food items number of 3D pouch manufacturers packaging. These evolved pouches
such as nuts, premium snacks, cof- increasing in the market, the brand can even be stacked one against the
fee beans, microwavable meals, faced fierce competition. other akin to cartons or boxes and
pet food, etc. The benefits of these Moreover, the 3D pouch pack- are flexible in size, as per product
pouches are myriad. They can stand aging had some challenges of its own volume. Not just that, 4D pouches
on shelves conveniently, have nearly – the pouches could not replace the are designed to be self-carrying (with
replaced bottles and jars, can have ‘bag-in-box’ type packaging mate- durable handle) so one can simply
attractive graphics printed on them, rial, has limited area for printing carry their rice bag without having
to bear the discomfort of carrying it
in their arms, like one usually does
THE POUCHES HAVE A HIGH SHELF APPEAL, with heavier products. The packag-
AND ACTUALLY REPLICATE THE SHAPE OF THE ing also comes with multiple open-
BOX BECAUSE OF ITS BRICK SHAPE, THEREBY ing and closing options for conveni-
VIRTUALLY REPLACING THE EARLIER DISCUSSED ence and ease of the user.
‘BAG IN BOX’ TYPE PACKAGING.
Source: Uflex Ltd
24
AUTOMOTIVE
New opportunities
Varadan Devanathan, President, Yanfeng India Automotive Interior Systems Pvt. Ltd. says
transitions in the automotive industry will open up new avenues.
By Swati Deshpande
How has been the last year for by customers. forced composite materials is cur-
YFAI India? How do you look at rently gaining new impetus in the
this financial year? There is an increasing trend to- form of decoratively finished designs
Indian market has been challenging wards the use of going green in the which retain a natural appearance.
in the last year and continuing the automotive industry. How do you YFAI is developing such products.
same trend this year as well. At YFAI, look at it? How is YFAI working Our innovative compressed fiber
we use this challenge as an opportu- towards it? molding process makes it possible to
nity to focus on internal efficiencies Reducing weight is one of the av- reduce door panel substrate weight
and benchmarking and sharing best enues to help go green. At YFAI, up to 40 per cent. This as a light-
practices across our global foot- we work towards bringing down the weight solution can be beneficial to
prints. We have an internal system weight of the interiors where some improve fuel economy to meet de-
that provides a platform to share best of the light weighting technologies fined standards.
practices and focusing on this helps have helped to address this require- It also combines the advantages
to improve synergies and enables to ment. of natural fiber and thermoplastic
face tough situations. We continue The use of natural fibre-rein- so that either technology can be de-
to improve our competitiveness ployed where needed to maximize
through these efforts. door trim panel performance. Our
We have also been utilizing this streamlined, single-step process re-
opportunity to build our local capa- duces production time and costs for
bility and position YFAI to strategic delivering a high-quality mass-saving
success. We have developed a growth solution.
strategy for India aligned with our Other weight saving materials
global customer and product strate- and processes have been developed
gies. Part of this requires widening for our products to reduce the com-
our customer base and executional bined weight of the interiors with a
excellence through bringing in new different approach to suit customer
technology, development of people functional requirements. These all
The Economic Times POLYMERS | August-September 2019
and supply chain. We have installed offer the benefit for improved fuel
a paint shop and invested in some economy.
specific technologies that were re-
quired for a new customer and dou- Can you please tell us about one of
bled our footprint in Chennai the innovations that you person-
This year, we are additionally fo- THE USE OF NATURAL ally are proud of?
cusing on hosting Technology shows FIBRE-REINFORCED The automotive industry is facing
at customer locations wherein we drastic changes in the form of Con-
COMPOSITE
display our key innovations that nected Car, Autonomous Driving,
are considered to be market trends.
MATERIALS IS Shared Mobility and Electrification.
Some of the area of focus this year CURRENTLY GAINING YFAI’s ambition is to drive,
has been Smart Surface, Ambient NEW IMPETUS rather than react to, the significant
Lighting, Light Weighting and Dec- IN THE FORM OF shift in the automotive industry
orative technologies. We have com- DECORATIVELY that is being shaped by these global
pleted two such shows and are plan- FINISHED DESIGNS megatrends, new market players and
ning to conduct similar shows across WHICH RETAIN technologies.
current and prospective customer A NATURAL One of YFAI’s advantages is
base. The innovations that were dis- our focus on the futuristic interiors,
APPEARANCE.
played have been much appreciated starting with our understanding of
26
AUTOMOTIVE
AUTOMOTIVE UPDATE
CATL & Toyota form partnership
C ontemporary Amperex Technology Co., Limited
(CATL) and Toyota Motor Corporation (Toyota) an-
nounced that they have entered into a comprehensive part-
celerated worldwide, the company has won recognition
from many automobile manufacturers both in China and
overseas. Toyota was one of the first companies to promote
nership agreement for the stable supply and further devel- the widespread use of electrified vehicles and boasts a rich
opment of New Energy Vehicle (NEV) batteries. The two array of technologies and experience in the development,
companies have also commenced discussions that cover a production, and sales of electrified vehicles.
wide range of fields, including: supply of batteries, new To further promote the widespread use of electrified
technology development, product quality improvements, vehicles, CATL and Toyota agree that a stable supply of
and the reuse and recycling of batteries. batteries is critical and that battery technology must be
CATL is the world’s leading supplier of drive battery further developed and advanced. To this end, the two
systems for vehicles with competitive advantages across companies intend to establish joint systems and engage in
the globe. In recent years, as vehicle electrification has ac- specific initiatives together.
28
AUTOMOTIVE
J
Chris Brown Senior Sustainabil-
aguar Land Rover (JLR) is tri- ical process. This secondary raw ma- ity Manager says, “At Jaguar Land
alling an innovative recycling terial is then fed into BASF’s produc- Rover, we are proactively increasing
process which converts plas- tion chain as a replacement for fossil recycled content in our products, re-
tic waste into a new premium resources; ultimately producing a moving single-use plastics across our
grade material that could feature on new premium grade that replicates operations and reducing excess waste
future vehicles. It’s estimated that the the high quality and performance of across the product lifecycle. The col-
amount of waste plastic is predicted ‘virgin’ plastics. Importantly, it can laboration with BASF is just one way
to exceed 12 million tonnes globally be tempered and coloured making in which we are advancing our com-
by 2050. Today, not all of this plastic it the ideal sustainable solution for mitment to operating in a circular
can be recycled for use in automo- designing the next-generation dash- economy.”
tive applications – especially in ve- boards and exterior-surfaces in Jag- The company has collaborated
hicle parts that are required to meet uar and Land Rover models. with Kvadrat to offer customers al-
the most exacting safety and quality JLR and BASF are currently test- ternative seat options that are both
The Economic Times POLYMERS | August-September 2019
standards. ing the pilot phase material in a Jag- luxurious and sustainable. The high-
Working in conjunction with uar I-PACE prototype front-end car- quality material, available initially
BASF, JLR is part of a pilot project rier over-moulding to verify it meets on the Range Rover Velar and Range
called ChemCycling that upcycles the same stringent safety require- Rover Evoque, combines a durable
domestic waste plastic, otherwise ments of the existing original part. wool blend with a technical suede-
destined for landfill or incinerators, Pending the outcome of the tri- cloth that is made from 53 recycled
into a new high-quality material. als and progression in taking chemi- plastic bottles per vehicle.
The waste plastic is transformed cal recycling to market readiness, Together, these efforts are driv-
to pyrolysis oil using a thermochem- adoption of the new premium mate- ing towards JLR’s vision for Desti-
nation Zero; an ambition to make
societies safer and healthier, and
WE ARE PROACTIVELY INCREASING RECYCLED the environment cleaner. Delivered
CONTENT IN OUR PRODUCTS, REMOVING through relentless innovation to
SINGLE-USE PLASTICS ACROSS OUR OPERATIONS adapt its products and services to the
AND REDUCING EXCESS WASTE ACROSS THE rapidly-changing world, the com-
PRODUCT LIFECYCLE. pany’s focus is on achieving a future
Chris Brown Senior Sustainability Manager, of zero emissions, zero accidents and
zero congestion.
Jaguar Land Rover Source: Jaguar Land Rover
30
COVER STORY
Engineering Ideas
Mukesh Kripalani, CEO, Parekhplast India Limited explains how the company is leaving its
mark with innovative packaging solutions.
By Swati Deshpande
P
arekhplast India was es- “The company has come a long Nutraceuticals, Cosmetics, Food &
tablished in 1981 with a way since it was founded nearly Dairy and Chemical & Pesticide. To
single machine and high four decades ago. Today, Parekh- cater to such diverse sectors, we have
aspirations. Speaking about plast India Limited is a leader in four state-of-the-art facilities. These
the journey so far, Mukesh Kri- the field of rigid plastic packaging are located at Palghar & Khan-
palani, Chief Executive Officer, and caters to a range of industries dala in Maharashtra, Hyderabad in
Parekhplast India Limited says, including Paints, Pharmaceutical & Telangana and Visakhapatnam in
The Economic Times POLYMERS | August-September 2019
32
COVER STORY
Andhra Pradesh. The facility at Vi- DISEASES SUCH AS OBESITY, DIABETES, LACK
sakhapatnam is the new one that OF VITAMINS, ETC. ARE VERY COMMON. EVEN
we inaugurated few months back.” AIR POLLUTION IS CAUSING AILMENTS LIKE
Highlighting the company’s tech- CLOGGED AIR PASSAGES IN BODY, OTHER
nological prowess, he adds, “These RESPIRATORY DISORDERS, ETC. SO, THE PHARMA
manufacturing capacities are spread COMPANIES NEED TO REACT TO SUCH CHANGING
over 200,000 sq. ft. We employ over
100 injection moulding, injection
HEALTH CONDITIONS AND SO DO WE AS PER THE
blow moulding and blow moulding THESE COMPANIES’ REQUIREMENTS.
machines along with decoration ca-
pacities such as dry offset printing to have a facility that follows strin- do we as per the these companies’
heat transfer labelling, screen print- gent regulations. “Our plants are requirements.”
ing, etc.” As the company caters to equipped with humidity controlled “We are involved in bringing
the pharmaceutical industry, it has clean room environment to cater about innovative packaging solu-
to the needs of pharmaceutical cus- tions for medicines, which have
tomers. In fact, even food packaging specific requirementsh such as types
requires clean facility if now clean drops bottle, sophisticated nasal
room environment. Therefore, our sprays, etc. Such solutions need to
plants are FSSC 22000 & CGMP be developed collaboratively with
certified and follow EU norms.” the customers. E.g. if it is a nasal
Making packaging solutions for spray and has to be consumed in
pharmaceutical and nutraceuticals a particular manner, it is our re-
needs is not easy. Not only regula- sponsibility to create packaging in
tions are stringent but demands are a prescribed manner. To do so, we
also high in terms of features. Elabo- understand the product that the
rating on it, he says, “The new age packaging would contain, its way of
diseases are lifestyle based. Diseases use and then develop solutions ac-
such as obesity, diabetes, lack of vi- cordingly,” he says.
tamins, etc. are very common. Even When asked about what would
air pollution is causing ailments like be his personal favourite solution
clogged air passages & other respira- amongst company’s multiple inno-
tory disorders, etc. So, the pharma vations, Kripalani says, “We have
companies need to react to such developed a tube and a closure for
changing health conditions and so tablets.” But it’s not as simple as it
The Economic Times POLYMERS | August-September 2019
33
COVER STORY
34
COVER STORY
velopment than research. We have a reduced without diluting the speci- working on alternatives. Currently
robust development team which is fications of the product hence mak- such alternatives are at nascent stage
backed by the marketing team. Mar- ing it lighter. Lightweight has been a but its only matter of some time
keting team keeps an eye on trends trend for quite some time now. Such when speciality chemicals will act as
in packaging, also talks to consumers optimisation of packaging solutions an alternative to polymer plastic,” he
about their needs and once all this is need of the hour.” concludes.
36
AUTOMOTIVE
Emphasising on strengthening
operations
Bijay Krishna Shreshta, Chairman and Managing Director, Toyoda Gosei South India
Private Limited (TGSIN) says the company is focussing
on human resources development with training program.
By Swati Deshpande
How has been the last year for the growth. We are focusing on human sion of making vehicles BS VI com-
company in India? How do you resources development with train- pliant by 2020. Changes in vehicles
look at this year? ing program in India and overseas like on-board diagnostics, RDE
Last year was good for us. We could to improve their skills as part of Skill (Real Driving Emission) monitoring
expand our business to Renault India. I strongly believe in support- systems will have a significant impact
which we considered as one of the ing the cause of Make in India, by on the technology enhancement &
milestones towards not only product increasing our tool and product de- cost increase. The vehicle cost is ex-
manufacturing but also playing a key velopment locally. pected to increase by 15–20 %.
role in product design and process The concern area for the auto-
development with French major. BS VI regulations are to be imple- motive industry is the possibility
Open-minded approach and mented from next year. How are of inventory management of BS IV
trust are most important in supplier the Indian automotive & industr vehicles post April 2020 and the de-
and customer relationship. We have is getting ready for it? mand projections for BS VI vehicles.
been jointly working with customer We welcome the government’s deci- Despite these challenges the auto-
to optimise the company perfor- motive industry has been undertak-
mance through innovative ideas, kai- ing transformation in its process,
zen and value engineering concept, facilities and other resources to com-
as well on cost reduction activities. ply with the BS VI requirements.
This resulted in TGSIN being recog- This also has resulted in substantial
nised by Toyota Kirloskar for being capital investment in quite many
one the best cost performer and Best industries, but keeping in mind the
Value Engineering (VE) companies. environment concerns the entire au-
I am proud to inform that we sup- tomotive and the automobile indus-
The Economic Times POLYMERS | August-September 2019
ported our customer supplier devel- try is taking all out efforts to support
opment activities such as Cost Man- the government initiative.
agement System and Safety Cluster
activity. We have also initiated activi- Globally, the trend of light weight-
ties towards establishment of Design ing is seen for few years now. What
centre for interior & exterior parts, THE CONCERN impact does it have on auto com-
with technical expertise of our par- AREA FOR THE ponent manufacturers?
ent company. Weight reduction of about 10 per
AUTOMOTIVE
This year, we are experiencing cent in the vehicle contributes to
weakened demand in the market.
INDUSTRY IS 6–20 per cent improvement in fuel
We are utilising this opportunity to THE POSSIBILITY efficiency, depending on the models.
improve our systems and strengthen OF INVENTORY Today light weighting has opened up
our operations, by more resource ra- MANAGEMENT OF opportunities to plastics raw materi-
tionalisation, thereby improving our BS IV VEHICLES al makers, designers and component
efficiency and become competitive POST APRIL 2020 manufacturers to come out with
to garner future business. Innovation AND THE DEMAND products which are more strong, re-
in technology and products, strategic PROJECTIONS FOR BS liable, durable and sustainable. Auto
marketing and Smart manufactur- parts such as fuel lids, front end
VI VEHICLES.
ing are the key for future business module, shafts, engine components,
38
AUTOMOTIVE
which are reliable and recyclable. Plastics like PP, ASB, ASA, PC, moting research & development
However, when we talk about going etc. offer flexibility in design, high associated with EVs manufacturing
green, it promotes development of performance, appearance have con- and auto component manufacturing
green concepts like the Green Supply tributed to more than 15–20 per is required to be formulated by the
chain management, Green manufac- cent of the vehicle gross weight. government. Significant measures to
turing, module assembly, ECO de- Safety parts like steering wheels, in- build a strong infrastructure across
sign, Reverse logistics, etc. contrib- terior parts of high aesthetic appeal India will definitely boost the EVs
uting significantly in reducing the and functional parts like, engine market in India.
carbon footprint. That means it is an components, fuel system parts, etc. The main purpose of EVs is to
opportunity to enhance our knowl- are a few examples. have better emission control. Con-
edge by adopting new technologies, With flexible, integrated global sidering the challenges ahead, we
improvements, reduce wastages & supply system leading edge technol- also need to explore the possibility
contribute to the ecosystem. ogies, our parent company has been for promoting hybrid technology
Using renewable energy is one at the forefront of new mobility solu- as a front runner in this EV drive.
of our prime aims to reduce the Co2 tions. Products supporting human- However, we foresee a global trend
emission in line with Toyoda Go- machine interface like smart steering of transformation from IC engine
sei’s Environment Challenges 2050 wheels, multifunctional consoles cars to EV primarily with Hybrid
(Greener, richer world for the fu- and high display instrument panels EV, Plug in Hybrid EV, Battery Hy-
ture and our children). This year we are few names to mention. brid Cars and Fuel Cell cars.
40
INFRASTRUCTURE
W
ith a vision to make than 100 airports are operating in
India a US$ 5 trillion India. The government will prepare
economy, the Modi blue print for the regional airports
2.0 government in the to connect various towns & cities to
centre, presented its maiden budget improve connectivity. Under roads,
focusing on investing massively on the government plans to launch
building infrastructure to support Phase 2 of Bharatmala Pariyojana
India’s long-term growth. The gov- for providing seamless connectivity
ernment intends to invest more than to the interior and backward areas
Rs.100 lakh cr. in infrastructure sec- & borders of the country. Pradhan
tor in the next five years. This will give a thrust to the infrastructure Mantri Gram Sadak Yojana Phase 3
contribute to the nation’s economic fabric of the country. These are im- envisages upgrading 1.25 lakh km of
growth & bring a positive sentiment portant measures which will boost road length at an estimated cost of
to the construction & the real-estate the recovery & further expansion of Rs 80,250 cr. The Sagarmala Scheme
industry. Though, India is far ahead real estate in the country. looks into the development of Port
of many emerging economies, the The government plans to mobi- & related infrastructure to reduce
government is leaving no stone un- lize Rs. 50 lakh cr. investments in the logistics cost for exports & domes-
turned to boost the economy via in- Railway Infrastructure Development tic trade with minimal infrastructure
vestments mainly in infrastructure, by 2030. Budget allocation for the investment, which will increase the
which will have a multiplier benefits railways sector has been increased efficiency of supply chain sector. The
& also create jobs at various levels, from Rs. 53,060 cr. to Rs. 65,837 cr. project will drastically reduce the lo-
bringing about improved productiv- in line with announced investment gistics cost in India & our industries
ity. The Rs. 100 lakh cr. investments in railways sector. Railways being more competitive.
in infrastructure over the next five one the largest employer in India, The Budget has sought to pro-
years is reflective of the importance this expansion drive will create mas- vide an impetus to Transit Oriented
placed on the GDP, nation building, sive employment opportunities for Development (TOD) model to spur
The Economic Times POLYMERS | August-September 2019
employment along with a special the youth of the country. The rail commercial activities along corridors
emphasis on building last mile con- network expansion will help India & the Multi-modal corridor will
nectivity by the government. Inc, to improve its last mile connec- help in seamless geographical inter-
The increased focus by the gov- tivity & enable better mobility in- linking. To provide a thrust to Make
ernment on the development of rail- frastructure for passengers & goods, in India initiative, the government
ways, roads, aviation, ports, smart resulting in growth & expansion of is exploring new modes of transport
cities, power & intra-city connecting business across the country. like inland waterways, developing,
networks like metro rail, Udan will Under the UDAN scheme, more regional airports for remote connec-
tivity & speeding the development
of national highways. Such semi-
urban & remote connectivity will
“THE RAIL NETWORK EXPANSION set a level playing field to augment
WILL HELP INDIA INC, TO IMPROVE service sector resulting in migration
ITS LAST MILE CONNECTIVITY workforce. The announcements con-
AND ENABLE BETTER MOBILITY cerning the infrastructure sector are
INFRASTRUCTURE FOR PASSENGERS positive and realistic, but it would be
AND GOODS, RESULTING IN a gigantic task to translate the inten-
GROWTH.” tions into reality.
The author is President, NAREDCO
42
AUTOMOTIVE
43
PACKAGING
On the rise!
India is just the right market for players of packaging machinery manufacturers with
increasing investments by both domestic and foreign companies in the Indian food
processing sector, says Anthony D’souza, Managing Director, Mespack India
By Niranjan Mudholkar
been growing exponentially and we nanza. India is just the right market
are finding many lucrative opportu- for players of packaging machinery
nities in India. manufacturers. The increasing in-
vestments by both domestic and for-
Tell us about the manufactur- eign companies in the Indian food
ing capabilities & capacities of processing sector, especially in bever- “THE INDIAN
Mespack India? ages, dairy products, processed food, FLEXIBLE PACKAGING
At Mespack, we design, manufac- edible oil, and marine products have INDUSTRY IS
ture, and maintain state-of-the-art expanded the market for packaging CURRENTLY
packaging machinery. We are put- machinery. Mespack is playing a vi-
ting more effort into developing tal role in terms of its market share.
REGISTERING
innovative solutions, making new RAPID EXPANSION,
mock pouch samples. Also, our un- What is your analysis of the flex- WITH ADVANCES IN
ceasing objective is to build long- ible packaging industry in India? MANUFACTURING
term, productive relationships by The market is forecast to grow. The PROCESSES, AND
providing continuous, high-quality Indian flexible packaging industry TECHNOLOGY
service to our customers. We have is currently registering rapid expan- INNOVATION AND
elevated from Rs0-70 crore in just a sion, with advances in manufactur- INTEGRATION.”
span of five years! ing processes, and technology in-
44
PACKAGING
“THE IDEA OF INDUSTRY 4.0 HAS BEEN AROUND How important is Mespack India
FOR SOME TIME AND IT IS BEGINNING TO in the overall scheme of things for
FIND WIDESPREAD ADOPTION. WE HAVE BEEN the Duravant Group?
WORKING HARD TOWARDS THIS AND IT EXPECTS The Indian packing industry consti-
INVESTMENTS TO INCREASE OVER THE NEXT tutes about four percent of the glob-
12 MONTHS.” al packaging industry and flexible
packaging is the fastest growing sub-
sector of India’s packaging industry.
merging more with the physical in- on running recyclable and reusable Hence Mespack India plays a very
frastructure. Organizations will con- packing which will further reduce vital role for the Duravant group.
tinue to undergo digital transforma- the demand for plastic and reduce Mespack India will help Duravant
tion and increasingly exploit the data the waste, maintaining the ecologi- company to establish their presence
and insights from the integration of cal balance. in India.
IT and OT to drive our company.
You have been in charge at Mes- Where do you see the organization
Environmental concerns due to pack India since 2012. How’s been in the next two years?
plastics waste is a major challenge the journey so far? In the next two years, technology
for the industry today. What are I had a wonderful journey with Mes- will have a significant impact on the
your views on the same? pack since 2012. Being the Director manufacturing industry which will
The increasing investment in making of the company, I was able to use my change the competition in the indus-
plastic safer have led to a growing de- exquisite set of skills by mixing leg- try. With the skill development and
pendency for more sturdy and strong acy and modernity. I am very happy integration of technology, I see in the
packaging in the market. Sustainable and proud that I and my team were coming two years we will be moving
plastic packaging in the industry has able to make a footprint in the in- towards a role-less future. We aim to
immense potential to grow in the dustry with such a strong base and a expand and become a leading manu-
near future. And we are also focusing good reputation. facturer of packaging machinery.
45
PACKAGING
A new beginning!
A technology major is planning to sell its packaging machinery business
to a newly incorporated entity.
business forward in the years ahead,
& to make it even more competi-
tive.”
Dr. Stefan König, President,
Robert Bosch Packaging Technol-
ogy GmbH said, “My colleagues &
I in executive management regard
this new partnership with CVC as
a huge opportunity for our future
success. Just under two years ago,
we modified our strategy. It now in-
cludes working on a completely new
range of smart & sustainable process
& packaging technologies. This will
allow us to offer our customers even
more attractive product solutions &
services in the future. Our custom-
ers & our associates will benefit from
B
the progress we have made.”
osch plans to sell its pack- that the purchase price & other de- Dr. Stefan Hartung, member of
aging machinery business, tails of the purchase agreement will the board of management of Rob-
based in Waiblingen, to a not be disclosed. Completion of the ert Bosch GmbH and chairman of
newly incorporated entity sale is subject to the approval of vari- the supervisory board Robert Bosch
managed by CVC Capital Partners ous bodies, including antitrust au- Packaging Technology GmbH, said:
(CVC). The company & its Pharma thorities, and is expected to close at “With its experience in growing
& Food units will remain intact. the turn of the year. Dr. Alexander companies over the long term, its
Based in Luxemburg, CVC is a lead- Dibelius, Managing Partner, CVC broad industrial expertise, and its vi-
ing private equity & investment ad- said, “Bosch Packaging Technology able strategy for taking the division
visory firm with 24 offices in Europe, is a strong company in an attractive forward, CVC was the right choice
The Economic Times POLYMERS | August-September 2019
Asia & USA. It currently manages market with long-term growth pros- for us. The growth concept it has
more than US$75 billion of assets. pects. Packaging Technology has an presented, as well as the investments
The parties signed an agreement excellent reputation for quality & it plans to make, are very promising.
on July 11, 2019 effecting the trans- innovation, a broad product range, a For Packaging Technology and all its
fer of the entire packaging technol- global footprint, and experienced as- associates, our aim was to find a reli-
ogy business & its 6,100 associates sociates. Together with the manage- able new owner with a long-term ap-
in 15 countries. It has been agreed ment team, we will work to take the proach, under whose leadership the
business can develop successfully.
We have achieved just that.”
FOR PACKAGING TECHNOLOGY & ALL ITS Bosch announced a year ago
ASSOCIATES, OUR AIM WAS TO FIND A RELIABLE that it was looking for a buyer for its
NEW OWNER WITH A LONG-TERM APPROACH, packaging technology business. It is
UNDER WHOSE LEADERSHIP THE BUSINESS CAN giving increasing attention to mobil-
DEVELOP SUCCESSFULLY. WE HAVE ACHIEVED ity and connectivity over the internet
JUST THAT. of things. It is focusing its existing
Dr. Stefan Hartung, Member, Board of management, resources on areas of future impor-
Robert Bosch GmbH & Chairman, Supervisory Board tance, such as shaping the transfor-
mation process and preparing for
Robert Bosch Packaging Technology GmbH further digitalization.
46
INTERVIEW
Leveraging opportunities
KK Shetty, MD, Citadel Intelligent Systems Ltd (CIS) speaks to ET Polymers about the
growth of optical fiber market and company’s future plans.
By Swati Deshpande
How is the optical fiber market cities products and solutions for govt been witnessing an extraordinary
faring in India? projects, focusing on the infrastruc- growth. Considering the ongoing
With the paradigm shift in the tural developments. developments at CIS, we are expect-
technology and increasing internet ing our business to grow more than
penetration for better connectivity What kind of growth you are look- 50 per cent year-on-year in the next
which has led to enormous data crea- ing at with the expansion? three years.
tion and data transition, today, India Since our inception in 2017, we have
has transformed itself as one of the The company is aiming at achiev-
promising markets for optical fiber, ing revenue of 400 cr in the com-
globally. The digital phenomenon ing five years. What is the roadmap
across the sectors has fuelled the de- for the same?
mand for optical fiber and the sector At CIS, we mainly focus on four ver-
is poised to grow by 15–20 per cent ticals of business-
year- on- year. a) Enterprise (Data center and hy-
perscale data centers through a
Which industries are driving this strategic alliance with America
growth? Fujikura Limited)- we expect
As mentioned earlier, the increasing this market to grow exponen-
demand for newer technologies and tially, as there is a huge demand
applications like IoT and a greater in data center industries.
number of connected devices, data b) Infrastructure which includes,
transmission has become vital for smart cities, universities, special
the users. Hence, the fiber optic economic zones, elevated corri-
cable market is witnessing a huge dors, airports, etc.
opportunity of growth during the c) Aerospace and defence sector-
forecast period. Industries like tel- we provide ruggedize tactical
ecom, datacenters and hyperscale
THE INCREASING connectivity solutions for Air,
DEMAND FOR NEWER
The Economic Times POLYMERS | August-September 2019
48
INTERVIEW
By Niranjan Mudholkar
49
RECYCLING
‘Sustainable’ Games
Tokyo Olympic Games will kick off on July 24, 2020. Under the theme “Be better, together
– for the planet and the people”, TOKYO 2020, THE ORGANISING COMMITTEE (TOCOG)
intends to make these the most environmentally friendly and sustainable Games so far.
Here are some of the plans to go gren.
T
he Tokyo Organising Committee of the Olym- intention to deliver them with maximum use of renewable
pic and Paralympic Games (Tokyo 2020) pub- energy; both initiatives will directly support key aims of
lished its Sustainability Plan Version 2, together the Paris Agreement and certain of the United Nations’
with the Plan’s guiding principle. This consti- Sustainable Development Goals.
The Economic Times POLYMERS | August-September 2019
tutes the final strategic plan that will govern sustainability For example, almost 60% of competition venues will
activities for the Tokyo 2020 Games. utilise existing facilities, a decision which will result in an
The guiding principle reads, “Be better, together – for estimated reduction of 80,000 tons of carbon emissions;
the planet and the people”, and with this, Tokyo 2020 not notwithstanding these efforts, Tokyo 2020 plans to im-
only aims to ensure sustainable delivery of the Games, it plement appropriate carbon-offset measures. The use of
also hopes to contribute to the United Nations’ Sustain- public transport networks will be maximised. Tokyo 2020
able Development Goals. aims to ensure that 100% of electricity used in the opera-
Related goals, targets and measures are specified in the tion of the Games is from renewable sources, and will take
Plan under the following five themes: Climate Change; other measures that will boost efforts to mitigate climate
Resource Management; Natural Environment and Biodi- change and encourage sustainable living.
versity; Consideration of Human Rights, Labour and Fair
Business Practices; and Involvement, Cooperation and Resource Management: Zero Wasting
Communications (Engagement). Tokyo 2020 aims to minimise the adverse impact of resource
waste and depletion on ecosystems and the environment by
Climate Change: Towards Zero Carbon implementing resource management measures across all sup-
Rather than representing a concrete numerical target, ply chains involved in delivery of the Games. 99% of items
“Zero Carbon” refers to the general thrust of Tokyo 2020’s and goods procured for the Games will be reused or recycled.
efforts to reduce carbon emissions generated during prepa- Olympic and Paralympic medals will be manufac-
rations for the Games and their actual operation, and its tured from precious metals recovered from used consumer
50
RECYCLING
electronic appliances such as mobile phones donated by ter the Games. Tokyo 2020 will also minimise food waste
people across Japan. The Village Plaza, the central facility and excessive packaging.
inside the Olympic and Paralympic Village, will be built In this regard, recycling plays a crucial role in Tokyo
using timber donated from different regions within Japan 2020 Olympic Games. Here are some of the key initiatives
and will be reused by the communities donating them af- that the committee has taken towards recycling:
Volunteers’ uniforms:
Made of recycled polyester
and plant material
The Tokyo Organising Committee for the Olympic and The Economic Times POLYMERS | August-September 2019
Paralympic Games recently unveiled the official outfits that
will be worn by the Field Cast and City Cast staff and vol-
unteers. This is the “cast” of people – more than 110,000 of
them – who will welcome and provide support to spectators,
athletes and other visitors during the Games.
The two styles of blue-and-white shirts will be a ubiq-
uitous sight in Tokyo next summer, and they’ve been made
with the environment – and the comfort of the wearer – in
mind.
51
RECYCLING
Medal Podiums:
Made from Used Consumer Product Packaging
For the first time in Olympic and Paralympic Games collected as well as ocean plastic waste.
histories, all medal podiums will be created entirely from Waste plastic recycling and ocean plastic pollution
recycled materials – and consumers can directly contrib- has become an issue of interest worldwide, and Tokyo
ute. The Tokyo Organising Committee of the Olympic 2020 will use this project to present a new model of the
and Paralympic Games (Tokyo 2020) called on the Japa- effective use of single-use plastic.
nese people to contribute household plastic waste for re- It will also contribute to the achievement of key
cycling to produce the podiums that will be used for the UN Sustainable Development Goals (SDGs), includ-
award ceremonies during the Tokyo 2020 Games. ing “Responsible Consumption and Production”, “Un-
The project encourages people to bring plastic derwater Life” and “Partnerships for the Goals”.
packaging waste to the collection boxes at retail stores. Procter & Gamble, a Tokyo 2020 partner com-
The podiums will be manufactured with the plastic pany, supports this project.
Olympic Medals:
Made from metal derived from used electronics
Recently, the Tokyo Organising vices that were contributed from people all over Japan.
Committee of the Olympic and Par- Sports fans across Japan have a particularly close connection to the medals
alympic Games unveiled the Olym- thanks to the Tokyo 2020 Medal Project, a landmark recycling initiative which en-
pic medal design, medal ribbon and sured that each one has been moulded entirely from metal extracted from recycled
The Economic Times POLYMERS | August-September 2019
medal case. Every single medal that consumer electronics over the past two years.
will be awarded to the athletes dur- Even the ribbons of the medal are made from recycled material. Chemically
ing the Tokyo 2020 Games are made recycled polyester fibres that produce less CO2 during their manufacturing process
from recycled metals. are used; these allow the ribbons to incorporate the Tokyo 2020 core graphic col-
The Tokyo Organising Commit- ours and to be extremely durable at the same time.
tee of the Olympic and Paralympic
Games (Tokyo 2020) conducted the
“Tokyo 2020 Medal Project” to col-
lect small electronic devices such as
used mobile phones from all over
Japan to produce the Olympic and
Paralympic medals.
In the two years between April
2017 and March 2019, 100 per cent
of the metals required to manufac-
ture the approximately 5,000 gold,
silver and bronze medals have been
extracted from small electronic de-
52
PREFORMS
54
RECYCLING
F
rom time immemorial, hu- century spanning over the period of John Wesley Hyatt, was probably
mans have used different ma- agricultural revolution and into the more successful in commercial ex-
terials to make tools, build industrial revolution. ploitation of this material. Celluloid
shelters and protect himself As we moved into the twentieth film was then used for making mov-
from the vagaries of nature. These century, a new range of material was ies in Hollywood and “Celluloid
were derived initially from nature created through synthesis, initially Star” became an accepted tag for he-
– bones, stones, animal skins and mimicking natural products. These roes and heroines of yesteryears.
branches of trees. are long chain molecules covering However, the major impetus to The Economic Times POLYMERS | August-September 2019
In the next phase, the process of a range of plastics, elastomers and growth of plastics came with inven-
extraction was mastered to obtain a synthetic fibers. With improved tion of a wide range of thermoplas-
range of metals, ceramics, glass, pa- understanding of the process of syn- tics. The first thermoplastic, Nylon
per, silk and cotton. These were ad- thesis these new polymers eventu- 6.6, was commercially produced by
equate to meet the material needs of ally outperformed the natural poly- Wallace Hume Carothers, a pro-
people till the dawn of the twentieth mers both in utility and cost. Thus, lific inventor, at Du Pont in 1935.
Subsequent commercial production
of commodity plastics like Polysty-
“SOCIETY IS WAKING UP TO THE rene, Polyvinyl Chloride, Polyethyl-
DAMAGE IT IS CAUSING TO THE ene and Polypropylene ushered in a
FLORA AND FAUNA OF OUR PLANET. phase of rapid growth in demand for
GRIPPING VISUALS OF ANIMALS, these miraculous family of material.
BIRDS, WATER BODIES, RIVERS AND A wide range of versatile synthetic
OCEANS FILLED WITH DISCARDED polymers opened a new era in ma-
PLASTIC PRODUCTS HAVE DRIVEN terial science. These offered unprec-
edented range of properties, afford-
HOME THE URGENT NEED TO
ability and convenience. No wonder
MANAGE PLASTIC WASTES.” over a short period of past 70 years,
55
RECYCLING
“THERMOMECHANICAL RECYCLING IS THE MOST cling rate for paper because a bulk
DESIRABLE OPTION AND IS WIDELY PRACTICED. of it degrades rapidly by absorbing
IT NEEDS WELL SEGREGATED WASTE TO MAKE moisture from the environment.
THE PROCESS TECHNICALLY FEASIBLE AND Glass is also widely reused and recy-
ECONOMICALLY VIABLE.” cled.
In contrast, global recycling
rates vary between 10 percent-15
demand for plastics surpassed that of products poses serious threats. Soci- percent in most of the developed
steel in volume terms and is nearing ety is waking up to the damage it is world. Plastics, being non-biode-
the demand for paper. causing to the flora and fauna of our gradable, can be reused and recycled
Present global demand for plas- planet. Gripping visuals of animals, multiple times with marginal loss
tics is approximately 350 million birds, water bodies, rivers and oceans of properties when properly carried
tons. Close to 40 percent is used for filled with discarded plastic products out. Some countries, particularly in
packaging of food, beverage, phar- have driven home the urgent need to the less developed nations, have rela-
ma, hygiene products, cosmetic and manage plastic wastes. tively higher recycling rates. As per
others. Plastics are also extensively We are using traditional ma- Central Pollution Control Board’s
used in agriculture, households, in- terials like metal, paper and glass estimate, India recycles 60 percent
frastructure, automobiles, appliances for thousands of years. In contrast, of its plastic waste. However, most of
and numerous other sectors. It has our experience with use of plastics the recycling activities are carried out
become ubiquitous in our lives. products is rather short, less than a in inefficient, and at times, in unde-
Plastic packaging is not only cost century. A good understanding of sirable manner.
effective but also functionally more responsible use of plastics, its post In case of PET bottles, the re-
efficient. It brings multiple benefits use disposal and appropriate man- cycling rate is close to 85 percent.
like reduced product losses, extend- agement of waste is still evolving. In Most of the PET bottles are recycled
ed shelf life, higher convenience and this, sharper focus on recycling can to fiber or textile products. The hur-
lower costs. These have also brought bring substantial benefits. This will dle to higher recycling rate of PET
substantial environmental benefits as significantly mitigate the ill effects of bottles, is careless disposal of bottles
well - lower material, water and en- plastic waste. The waste becomes a after use making collection of bot-
ergy foot-prints. valuable resource & reduces the pres- tle waste unviable, if not sometimes
However, the rapid growth in sure on virgin sources of materials. physically impossible. The same is
use of plastics, particularly for pack- Globally most traditional mate- also encountered for most other
aging and convenience products, rials have high recycling rate. Nearly plastic products.
has posed a mammoth challenge 80 percent of steel is recycled. The There are misconceptions that
of after-use management of waste. recycling rate for paper is close to 50 some plastics can’t be recycled.
The Economic Times POLYMERS | August-September 2019
Indiscriminate disposal of plastic percent. The reason for lower recy- Technically all plastics can be recy-
cled. Plastic waste can be recycled
through thermomechanical process-
es, through chemical recycling or its
embedded energy / material content
recovered. There is a set global proto-
col on management of plastic waste
for recycling and for recovery of em-
bedded energy as depicted in Fig.1
Thermomechanical recycling is
the most desirable option & is wide-
ly practiced. It needs well segregated
waste to make the process techni-
cally feasible and economically vi-
able. Highly comingled or contami-
nated waste poses challenges in feed
preparation often making the whole
endeavor unviable. A well segregated
| Multilayer laminates awaiting shredding, washing and palletization waste can be very efficiently recycled
56
RECYCLING
with minimal loss of product quality. heat in the absence of oxygen. Some taminated or comingled and the col-
Most of the industrial & insti- catalysts are often used to enhance lection and segregation costs become
tutional wastes are either recycled process efficiencies. The process can prohibitive.
inhouse or are recycled by a network convert highly co-mingled and con- While prevailing narrative is
of recyclers. There are over 10,000 taminated waste with minimal feed to regulate or eliminate use of few
recyclers spread across the country. preparations. The technology is gain- plastic products that are perceived
Many of them are in the unorgan- ing rapid traction. to be problematic, this may prove
ized sector employing inefficient In many parts of the world, counterproductive. To derive maxi-
processes & often unsafe practices. wastes are also being used for gen- mum benefits from plastics, it is im-
These units, at times, overlook basic eration of electricity or in blast fur- perative to create a robust solid waste
health & safety protocols making naces. In India, use of plastic waste management infrastructure and an
them vulnerable to regulatory ac- for co-processing in cement kilns is extensive awareness program to push
tions. already practiced. The country is a segregation of waste as much up-
Some plastic wastes, highly con- pioneer in use of plastic wastes for stream as possible. Source of genera-
taminated or otherwise difficult to making bituminous roads improving tion of waste is key to efficient man-
recycle, can be converted to its basic quality and extending durability. agement of waste. A well segregated
building blocks through feedstock Numerous technological solu- waste is a valuable raw-material for
recycling. Processes like hydrolysis, tions are available to manage plas- thermomechanical recycling.
glycolysis, ammonolysis, acidolysis tic waste. They also offer multiple While there are many options
are employed to reclaim the original benefits. While traditional metal, for recycling of plastic wastes and
building blocks. These processes are like steel, is recycled at ~1500oC significant improvements have been The Economic Times POLYMERS | August-September 2019
primarily used for wastes of conden- and glass at ~1400oC, most plastics made to enhance operational effi-
sation polymers like polyesters, poly- are thermo-mechanically recycled at ciencies, these have not percolated
amides and polyurethanes. temperatures ranging from 200oC – down operating level and make its
Besides thermomechanical and 300oC. There is a huge difference in impact in this sector. Greater atten-
chemical recycling, other process energy inputs for recycling of plastic tion is required to upgrade both the
of management of plastic wastes is waste vis-à-vis alternatives. Unlike waste management and recycling in-
thermolysis (pyrolysis). The process paper, recycling of plastics requires frastructure. Recycling can prove to
converts plastic waste to liquid hy- much less water and other chemicals. be the “Holy Grail” for the plastic in-
drocarbons, gaseous hydrocarbon Some of these advantages, however, dustry serving the dual objectives of
and chars with the application of is lost when the waste is highly con- sourcing low cost raw-material from
otherwise an eyesore on the streets,
beaches and water bodies; and ad-
“A GOOD UNDERSTANDING OF RESPONSIBLE dressing the ever-growing plastic
USE OF PLASTICS, ITS POST USE DISPOSAL AND waste management challenges.
APPROPRIATE MANAGEMENT OF WASTE IS
STILL EVOLVING. IN THIS, SHARPER FOCUS ON The Author is Hon. Secretary & Member
RECYCLING CAN BRING SUBSTANTIAL BENEFITS.” Executive Committee, Indian Center for
plastics in the Environment
57
ENTREPRENEUR
58
ENTREPRENEUR
Please tell us about journey of steel framework around which a tall nological advancement and evolving
Wonderchef since inception. building rises to the sky. lifestyles. The Make in India initia-
Wonderchef was an idea that ema- tive of the government has also at-
nated from my interactions with How is the kitchen appliances & tracted the investors.
Indians traveling abroad, whom I cookware markets faring in India? The size of kitchen appliances
interacted with in over 65 coun- The kitchenware industry is ever industry in India INR 22,000 crore
tries when I travelled for work. They evolving industry and is at a fast clip. per annum, and is expected to grow
would always be found looking for With major changes in the policies at 13.9 per cent. The user penetra-
quality non-stick pans and blenders. especially related to the regulatory tion is expected to increase to 21.8
These insights helped me identify and business environment are driv- per cent in next five years as com-
certain latent needs that became the ing the industry towards growth. pared to 13.4 per cent in 2019.
cornerstone of the business model The growth seems to be in upward
of the company. The credibility I trajectory due to continuous tech- Tell us about one of Wonderchef ’s
had earned during my years of work innovations that you are person-
helped me raise investment from ally proud of.
across the globe from fellow profes- Health, Taste and Convenience are
sionals who trusted my skill sets and the three pillars of our brand. Won-
commitment. derchef has always leveraged inno-
The focus on technology and in- vation & technology to surprise &
novation ensured that a new brand delight its customers.
was able to cut through the clutter We are proud of our products
in a rather traditional industry, and which completely embody this phi-
became the company that took the losophy. Our Royal Velvet non-stick
shortest time to grow from zero to pans, Nutri-blend (which has be-
400 Cr. level retail sales in the indus- come the most loved mixer grinder,
try. Today, Wonderchef has a truly thanks to its compact form, design
omni-channel distribution strategy and function), food prep innova-
with a 360 degree approach to tar- tions like Turbo Chopper, Cold-
get consumers. It has enjoyed three pressed juicers, energy efficient The Economic Times POLYMERS | August-September 2019
rounds of funding and has become a THE FOCUS ON Ultima Cooktops, safe and durable
brand that is loved and advocated by TECHNOLOGY Nigella Cookers, and affordable but
its customers. AND INNOVATION efficient Revo Stand Mixer. With
All this did not come easy ENSURED THAT Nutri-Pot and its integration with
though in hindsight everything looks A NEW BRAND Alexa, we have raised the bar for the
rosy even to myself! The company WAS ABLE TO industry.
did everything to survive in the ini- CUT THROUGH We constantly strive to achieve a
tial period which coincided with the balance between the form and func-
THE CLUTTER
global financial meltdown of 2008- tion – be it choice of design, mate-
09. We offered consulting services,
IN A RATHER rial, and technology or production
strategy solutions, culinary classes, TRADITIONAL process. This helps us curate prod-
employee engagement services and a INDUSTRY, AND ucts which impeccably transition
few other solutions to be able to pay BECAME THE from kitchen to the table.
the bills. Working capital was always COMPANY THAT Introduction of colors in the
in short supply as growth continued TOOK THE SHORTEST kitchen cookware is something we
year after year. Building a team was TIME TO GROW FROM are incredibly proud of. We are the
a long, arduous process. However, I ZERO TO 400 CR. pioneers of making colourful kitch-
believe that all these things are the en cookware which has reduced the
59
ENTREPRENEUR
UPDATE
Kabra Extrusiontechnik demonstrates Double Wall
Corrugated Pipe Extrusion Line
K abra ExtrusionTechnik suc-
cessfully demonstrated a Dou-
ble wall corrugated pipe extrusion
We are looking forward to strength-
en our collaboration with Kabra
ExtrusionTechnik further for other
line at Daman. This technology is segment of corrugated pipe indus-
The Economic Times POLYMERS | August-September 2019
60
INTERVIEW
By Niranjan Mudholkar
Alok Masterbatches turned 25 last proach to the business. the world and Germany is the third
year. How’s been the journey? And Till 2001, we had only one plant. largest in the world. All three are
what do you think have been the Today we have six plants in India working with different philosophies.
milestones of the journey? and one in Paraguay. The founders The US is about huge corporations
We started out in 1993. And as you started with an aim of 50 tonnes having mega size business models.
know, that was the era when liberali- and today we have reached 7000 China has huge manufacturing ca-
sation was just opening up the mar- tonnes! But again, the numbers do pacities, massive volumes, and a very
ket in India. There was a big dearth not matter to us. If you see the in- quick delivery time. Germany, on
of technology in the country. It also dustrialised nations of the world, the other hand, is based on the tech
was very difficult to have access to three of the leading countries are SME backbone. The entire German
good machines, good manpower China, US and Germany. China is economy is based on these SMEs.
and good materials. So, in this era, the largest exporter in the world. These SMEs form a backbone of the
two entrepreneurs – my father and USA is the second largest exporter in German economy of export. Look
his friend – came together. They at any business today and the best
had a dream to provide good quality machines in that business would be
masterbatches to the industry. And from Germany! That’s because they
that’s how they started. The aim was are very agile, very responsive, and
to reach 50 tonnes of masterbatches they are at the cutting edge of tech-
every month. Along the way, the nology. So, our business model or
economy also opened up. The core vision is also to follow the Germans.
philosophy at that time was – we I am very happy now that the
have recently crystallised and ar- new MSME Ministry has been tak-
ticulated that philosophy into words en over by Mr. Nitin Gadkari, who’s
– ‘adding good’. So, the core phi- giving a big push to this sector. If
losophy is adding good to whatever you have to create jobs, if we have to
we are doing. The goal is to help our develop this country. If we want to The Economic Times POLYMERS | August-September 2019
customers make a very good product see India as a global superpower, the
and help them make profits. The SMEs must progress. Coming back
aim was never to become a very large to our approach, we don’t want to
organisation because the founders be the largest, but we want to be the
believed that the agility and the re- best. And we want to be the best by
sponse time we have as a small com- bringing in massive efficiencies, by
pany was unbeatable. And that was “BUT IF YOU WANT TO controlling the costs and by staying
the reason of our success. The sec- at the cutting edge of technology so
BECOME A GLOBAL
ond milestone came in 2001 when that we can deliver profitable value
the second generation join them. SUPERPOWER AS to our customers.
That’s when we had more hands and A COUNTRY, THEN
we could go out to the new market YOU NEED TO START Where do you see things heading
and explore new products. So, that’s THINKING ABOUT from here now?
when we started exploring and mov- EXPONENTIAL My gut feel is that India’s heading for
ing out into different markets across GROWTH AND NOT a big boom. From 2009 to 2019, the
India as well as across borders. JUST INCREMENTAL Indian economy grew by three times.
GROWTH!” The Prime Minister’s aim is that
Tell u something about your ap- from here, we should grow at least
61
INTERVIEW
five times. And even if it is not five, packaging, FMCG and automotive.
the natural growth will be at least
three times. But if you want to be- Collaborative innovation will play a
come a global superpower as a coun- big role in this growth story. How
try, then you need to start thinking would you be leveraging on the
about exponential growth and not Alok Technology Incubation Centre
just incremental growth! And if you (ATIC) in this context?
want exponential growth, then you While the ATIC was started five
need to retroscape your strategy years ago, innovation has been our
back to where you are and where approach throughout our jour-
you want to be! If you look at the ney of 35 years. It comes from the
domestic market, with new schemes basic vision that you need to work
coming in for agriculture, water, af- very closely with the customer, un-
fordable housing and infrastructure, derstand his process, understand
these will be very big opportunities his market, to be able to give him
for the plastics industry. Secondly, a customised product. This thought
the export market has been neglect- continues to drive the ATIC. At the
ed by the processors for a very long ATIC, we have a lot of machines and
time. In the global trade of plastics, equipment. But our focus is to have
India only does around a little more
than one percent. So, this is a very
Manufacturing footprint of Alok Masterbatches
big opportunity for us. If we have
to step into this, we have to pull up Number Plant Location(s) Installed Capacity Categories of MBs being
our industry and our country. Lots of plant(s) (MT per month) produced
of bottlenecks need to be addressed, 2 Delhi 250 Colour, White,
which are being addressed. Once Chromanox, Additive
we plug into this global space, then 1 Bhiwadi 2000 Colour, White, Filler,
the opportunities are exponential. 1 Dadra 2500 Colour, White, Filler,
And now you imagine the potential Additives
China controls; that’s how they have
1 Ranipet 3500 Colour, White, Filler,
become a superpower!
Additives
When you are talking about grow- 1 Surangi 2500 White, Filler, Additives,
ing along with the Indian econo- Black
The Economic Times POLYMERS | August-September 2019
my, you obviously would want to 1 Paraguay (JV) 200 Colour, filler, white,
touch different sectors of the econ- additives
omy. Which are the sectors that
you see where Alok Masterbatches the lower middle class into mid- a culture of free thinking and inno-
can play a big role? dle class and the middle class into vation. Just by putting machines you
Plastic is the most affordable and higher class. So, this is a big engine don’t create an innovation centre.
durable material for a country like of growth for the economy and the You have to develop a culture of in-
India, where the purchasing power country. The four key sectors that novation, you have to allow the peo-
is not very high. We still have a I see driving the growth for the ple working there to think freely and
long way to go to pull out our peo- economy where Alok Masterbatches to make mistakes. Don’t keep driv-
ple from poverty and to upgrade will play a big role are agriculture, ing them with commercial targets.
Talk about making something new
and about continuous improvement.
“THE FOUR KEY SECTORS THAT I SEE DRIVING You have to create the culture that
THE GROWTH FOR THE ECONOMY WHERE drives innovation. I am glad that we
ALOK MASTERBATCHES WILL PLAY A BIG ROLE have been able to successfully create
ARE AGRICULTURE, PACKAGING, FMCG AND that culture at ATIC. Right now, we
work with not just customers but
AUTOMOTIVE.”
also with suppliers and universities.
62
INTERVIEW
63
AUTOMOTIVE
Shifting gears
Abhishek Jain, Chief Executive Officer and Managing Director, PPAP Automotive Limited
says implementation of new norms have brought about a tremendous disruption
in the industry.
By Swati Deshpande
How has been the last year for frog from BS IV to BS VI in a very tion of these norms have brought
PPAP Automotive? How do you short time. All the companies em- about a tremendous disruption in
look at this year? braced this challenge and invested the industry. The potential increase
The previous year looked very prom- in upgrading their technologies and in cost of vehicles has forced many
ising in the beginning. In the first are ready with their strategies for manufacturers to change their prod-
half, the market conditions were fa- implementing these norms across uct portfolio including complete
vorable which resulted in an increase their product range. Implementa- stoppage of Diesel engines. The
in demand of vehicles. However, the shift from Diesel engines to Petrol
weakening of demand started from engines will bring a lot of disrup-
the second half of the previous year tion in the Auto Component in-
and is continuing till date. The taper- dustry as well. Dedicated suppliers
ing demand started with the floods for diesel engines will face a tough
in Kerala last year and post that, time in finding customers for their
there have been innumerable factors products. However, we will also
which have affected the growth of see some new component makers
the industry. During the end of the emerging in the emission product
year, general elections were round space. Till these norms are imple-
the corner, the fuel prices were mented, there is a lot of confusion
shooting up and interest costs were in the consumer’s mind regarding
rising. The start of this year also has purchase of BS IV vehicles. This is
not been smooth at all. There is an also another factor for the reduction
acute liquidity crisis which is leading in demand of vehicles. For us, our
to postponement of purchases of ve- products are used in any vehicle, be
hicles. During the end of the year, we it a Petrol engine, Diesel engine or
will see the implementation of BS VI even an Electric Vehicle.
norms. There is uncertainty regard-
The Economic Times POLYMERS | August-September 2019
ing policy matters. The Government Globally, the trend of light weight-
is focusing only on promotion of EV ing is seen in the industry for few
vehicles but there is no incentive for years now. What impact does it
ICE Engine vehicles. Overall, the BS IV TO BS VI IN A have on auto component manufac-
sentiments remain negative and un- VERY SHORT TIME. turers? How has PPAP responded
til and unless the liquidity improves ALL THE COMPANIES to this trend?
and the Government supports the EMBRACED THIS The prime focus on reduction of fuel
industry by reducing GST, this year CHALLENGE AND consumption has led all automakers
is also going to be tough one, for the to focus on reducing the weight of
INVESTED IN
entire industry. their cars by using light weight com-
UPGRADING THEIR ponents. Use of Engineering Plastic
BS VI regulations are to be imple- TECHNOLOGIES AND has been playing a major role in
mented from next year. How are ARE READY WITH replacing traditionally used steel in
the Indian automotive and auto THEIR STRATEGIES many components.
components industries are getting FOR IMPLEMENTING PPAP has been consistently sup-
ready for it? THESE NORMS porting this initiative by efforts to-
BS VI regulation will be imple- ACROSS THEIR wards reducing the cross section of
mented with effect from April 1, PRODUCT RANGE. its profiles as well as wall thickness
2020. The industry had to leap- of Injection Molding parts, thereby
64
AUTOMOTIVE
AUTOMOTIVE UPDATE
Euler Motors to launch Electric 3-wheelers
E uler Motors, the automotive technology start-up will
launch its 3-wheeler light commercial cargo vehicles
by early next year. Around 100 prototype EVS of Euler
tery pack that could deliver the range required for intra-
city logistics in all-weather, temperatures and road condi-
tions. The company currently makes Li-Ion battery pack of
Motors are already running on the Delhi-NCR roads used 5.76 KWh for its vehicles.
by companies like BigBasket, EcomExpress, BlueDart, Parallelly, Euler Motors has set up charging & service
Udaan, etc. stations, combining hardware & software play bringing
Founded in 2018, Euler Motors has so far raised USD components like powertrain control system, battery &
2 Million from marquee investors like Blume Venture, thermal management system, telematics & data-driven
Emergent Ventures and Andrew Lee to set-up the manu- approach to fine-tune performance, and improve efficien-
facturing & R&D facility, building indigenous Li-ion bat- cies of last-mile logistics. The company has also installed
tery pack and hire talent. The R&D team at Euler Motors over 70 electric vehicle charging stations within Delhi-
is focused on building automotive-grade lithium-ion bat- NCR.
65
K SPECIAL
R
ajoo provides Applications are in
you with big rea- abundance - packaging
sons to visit their (UHT milk, meat, edible
sprawling 425 oil), barrier films (vacuum
sq. mts. booth at K 2019, bag, thermoformable, lid-
machines live, and a host ding) and non-barrier films
of software utilities, all to (lamination grade, milk and
be unveiled at K 2019 in water packaging, shrink)
Düsseldorf. In this edition and more.
of K, Rajoo will be present
in Hall 16, rubbing shoul- Lamina rPET: A-B-A
ders with the global who’s Three-Layer Twin
who of the blown film line Screw Sheet Line
manufacturers. With this, Rajoo further
This year, the company expands its portfolio. With
plans to demonstrate, 2 Lamina rPET, you would
machines live - a 7-layer see bottle flakes being effi-
Blown Film line and a Twin ciently converted into trans-
Screw Sheet Extrusion line parent sheets. The demo at
for PET for the first time. K would touch the 450 kg/
A unique exposition of hr mark, and that too at an
both vertical and horizontal energy consumption of only
extrusion, not many in the world of- film and also work as a POD line; 0.25 unit/kg. The machine is already
fer such an array. With this, Rajoo for both symmetrical and asymmet- in use for myriad applications – bev-
would become the first company in rical structures, with a capacity that erage containers, garment boxes,
Asia to showcase a 7-layer Blown will hold the visitors to the booth in blister packaging, biscuit and egg
Film line at K! awe—450 kg/hr of film! The line is trays, fruits and vegetable contain-
full loaded with world-class automa- ers, punnets and more.
HEPTAFOIL: Seven-Layer tion – multicomponent batch blend- Adding a business angle to the
The Economic Times POLYMERS | August-September 2019
Co-Extruded Barrier and ing, gsm control, non-contact ca- above solutions, Khushboo Chan-
POD Blown Film Line pacitive sensor for barrier and POD drakant Doshi, Executive Director,
For the first time, Rajoo Engineers films, automatic profile control and Rajoo Engineers Limited emphasis-
is showcasing a 7-layer machine that integrated touch screen based super- es, “Today, I can proudly say that our
is versatile — can produce barrier visory control. products are best-in- class and meet
requirements globally. I can confi-
dently reaffirm to customers that we
TODAY, I CAN PROUDLY SAY THAT OUR offer perhaps the best ROI. Power
consumption, another big concern
PRODUCTS ARE BEST-IN- CLASS AND MEET
is well optimised; the TUV certifica-
REQUIREMENTS GLOBALLY. I CAN CONFIDENTLY tion is one step towards this end.”
REAFFIRM TO CUSTOMERS THAT WE OFFER Taking ‘excellence in extrusion’
PERHAPS THE BEST ROI. POWER CONSUMPTION, for both blown film and sheet to the
ANOTHER BIG CONCERN IS WELL OPTIMISED; next level, Rajoo Engineers is also
THE TUV CERTIFICATION IS ONE STEP TOWARDS set to unveil at K 2019 a number of
THIS END. software utilities that would enhance
Khushboo Chandrakant Doshi, Executive Director, operator delight.
Rajoo Engineers Limited
Source: Rajoo Engineers Limited
66
K SPECIAL
D
ow is looking to en-
courage debate across “IF WE WANT TO CREATE INNOVATIVE,
the industry at K 2019. SUSTAINABLE SOLUTIONS TO THE MANY
Inspired by its inclusive CHALLENGES OUR INDUSTRY AND OUR WORLD
new brand platform — Seek Togeth-
IS FACING RIGHT NOW, EVERYONE ACROSS
er™ — the company will be inviting
customers and partners to explore
THE VALUE CHAIN MUST COLLABORATE. NEW
some of the biggest challenges and INITIATIVES ARE NEEDED TO DEVELOP A
questions facing industry and soci- CIRCULAR ECONOMY FOR PLASTIC. K 2019 IS THE
ety. During this cornerstone event PERFECT PLATFORM TO DO THIS.”
(October 16-23, 2019 in Düsseldorf, Javier Constante, Commercial Vice-President Packaging &
Germany) Dow will showcase a wide Specialty Plastics EMEA, Dow
variety of innovative products while
sharing its approach to global issues. holistically. “If we want to create in- have an extensive team of Dow spe-
Conversations are expected to novative, sustainable solutions to the cialists ready and waiting to start a
include the development of a more many challenges our industry and dialogue with visitors about becom-
circular economy and eliminating our world is facing right now, every- ing more circular. Over 100 of our
plastic waste from the environment. one across the value chain must col- prototypes will be on display to in-
The company is working to create a laborate. New initiatives are needed spire discussions and illustrate what’s
thought-provoking and engaging ex- to develop a circular economy for readily available today, and possible
perience, including dedicated spaces plastic. K 2019 is the perfect plat- tomorrow.” Neve continued, “It’s
for discussion. Dow will present form to do this,” commented Javier our aim to explore new opportuni-
case studies and prototype examples Constante, Commercial Vice-Presi- ties and keep the conversation going
across four ‘domains’, showing how dent Packaging & Specialty Plastics because we are convinced the circle
a collaborative approach to materials EMEA. can – and will be – closed. It’s just a
science can allow us to protect pre- Frank Neve, Business Com- matter of time and collaboration.”
cious goods, build more effectively, munications Leader Packaging &
move more efficiently and care more Specialty Plastics EMEA said: “We’ll Source: Dow
Launching new and upgraded range of products The Economic Times POLYMERS | August-September 2019
67
K SPECIAL
Insulating materials
The Polymer Additives business unit
(PLA) will present flame retardants
for rigid polyisocyanurate (PIR)
foam that have achieved exceptional
results in fire tests in line with ISO
11925-2 – the oligomeric Levagard
2000 & the reactive Levagard 2100.
Protection
Antioxidants & antiozonants will
take center stage for the Advanced
L
Industrial Intermediates business
ANXESS will be present- under the Tepex brand. unit. Vulkazon AFS is an antiozo-
ing a broad portfolio at the nant for latex, natural rubber & syn-
international trade fair for Blow-molding system thetic rubber that prevents cracking
plastics and rubber K 2019. Also due to be on show at K are new caused by the effects of ozone & does
The company will focus on the top- compounds for cost-effective blow- not lead to staining. The Rhein Che-
ics of new mobility, urbanization & molding of components for air man- mie business unit will be showcasing
digitalization. “Innovative mobility agement in turbocharged combus- new aramid-fiber-reinforced master-
solutions & modern urban concepts tion engines and of liners for vehicles batches from the Rhenogran P91-40
are currently being developed world- powered by hydrogen & natural gas. series for manufacturing technical
wide. These are important growth rubber goods, such as heat-resistant,
areas for us & our customers. We are For growing urbanization durable and abrasion-resistant sili-
constantly developing sustainable For connectors & switches in state- cone items such as washers and seals.
material solutions & technologies of-the-art smart home systems, the The Inorganic Pigments busi-
for this purpose & are also focusing polyamide 6 compound named Du- ness unit will present black pigment
on new possibilities for digitaliza- rethan BG60XXF is an ideal solu- that reflects the infrared portion of
The Economic Times POLYMERS | August-September 2019
tion,” says Hubert Fink, member, tion. This is a very low-warpage plas- sunlight 20% more effectively than
LANXESS board of management. tic, & its uses include switch holders conventional black pigments. Plastic
in a product range from a manufac- roofs and facades offer a wealth of
For sustainable mobility turer of electronic components. The potential for use in reducing tem-
The High Performance Materials Urethane Systems business unit will peratures inside buildings.
(HPM) business unit will present a focus on its low free (LF) technology.
wide range of new products relating This is used to formulate PU prepol- Artificial intelligence
to electric mobility. New HPM ma- ymers that contain less than 0.1% by The company is aiming to make
terials include orange, heat-stabilized weight of free isocyanate & fulfill the even better use of the benefits of
compounds for high-voltage applica- strictest industrial hygiene require- digital technologies in the future:
tions; materials that prevent electri- ments. Highlights of the business with digital business models, the
cal corrosion upon contact with live unit’s line-up will include a roller introduction of new technologies
metal parts; and halogen-free, flame- coaster car with abrasion-resistant & throughout the value chain and the
retardant materials for components dynamically resilient PU wheel coat- analysis and use of large amounts of
such as battery cell holders and cover ings based on Adiprene LF pPDI as data. The company is employing ar-
plates. In terms of lightweight de- well as very hard-wearing, thermally tificial intelligence (AI) to optimize
sign, LANXESS is working primar- stable & moisture-resistant star formulations for glass-fiber sizings
ily on hollow-profile hybrid tech- wheels based on Adiprene LF TDI used to reinforce plastics.
nology & thermoplastic composites for conveyor & separator systems in Source: LANXESS
68
FACILITY UPDATES
69
AUTOMOTIVE
I
n a country with incessant pop- disposable income which leads to enormous growth potential, In-
ulation growth, one can only ex- more consumption of goods and ser- dia could conceivably become
pect improvement in road infra- vices. This means producers will now the 3rd largest plastic consumer
structure and where markets are to have match up with rising con- in the planet by 2020.
generating high demand, technology sumer demands. This will continue In growing industries like au-
& disruptions are blooming, India to grow as India takes the right turn tomotive, agriculture, medicine,
looks set to become one of the big- to become a huge marketplace for infrastructure, electronics, petro-
gest demanding markets for many global brands. But how does the Pol- chemicals can create better quality
companies across the world. ymer Industry stand to benefit from products, better efficiency, reduce
Going over the 1.3 billion mark, the second most populous country costs & waste. For example, the In-
it is estimated that India will over- in the world? dian automotive sector uses 5kg of
The Economic Times POLYMERS | August-September 2019
take China by 2024 and potentially Growing industrialization, huge engineering plastic per car, compared
reach 1.7 billion by 2050. Quite the presence of automobile manufactur- to 19kg in developed countries.
eye-opener, isn’t it? ers and emergence of the country in With initiatives like Make in
But for manufacturers, it’s more the international FMCG market as India driving up automotive manu-
of a blessing in disguise. India has a hub for sourcing cost-competitive facturing, there is an opportunity to
one of the largest potential work- products owing to low-production replace metal in cars with engineer-
forces in the world with a median costs are expected to drive demand ing plastics produced by the domes-
age of 27.6 years which means more for engineering plastics in India. tic petrochemicals industry.
70
AUTOMOTIVE
71
FINANCE
tions for the quarter stood at Rs. 8030 Crore vs Rs. 8810 Q1FY19 despite the industry slowdown. EBIDTA for the
crores in Q1 FY19 and Profit After Tax (PAT) at Rs. 1257 year is at Rs.61 crore in Q1FY20 same as Q1FY19. PBT
vs Rs. 909 cr in Q1 FY 19. Consolidated Revenue and PAT before exceptional items is at Rs. 56 crore in Q1FY20 as
stood at Rs 8186 cr & 1257 cr respectively for the quarter. against Rs. 58 crore in Q1FY19. Profit After Tax is at Rs.38
EBIDTA margin for the quarter was at 14.4%, improving crore in Q1FY20 as against Rs.40 crore in Q1FY19.
sequentially vs 13.6% in the Q4 of FY ‘19. “The overall Commenting on the growth achieved by the company
economic & customer sentiments continued to be soft for Q1FY20, Nagesh Basavanhalli, MD & CEO, said “We
during the first quarter of this fiscal and their impact is have continued our growth momentum despite tough mar-
clearly visible in the performance of the Auto sector, The ket conditions. Our new business growth in CNG, e-mo-
outlook for the rest of the year will be dependent on mul- bility solutions, Greaves Retail, Multibrand Spares, non-
tiple factors, including the progress of monsoon and festive auto industrial applications business along with existing
season offtake, as well as improvement in liquidity. Given business has shown positive growth.” In Q1FY20, Greaves
the dependence of multiple sectors and millions of jobs on from its e-mobility subsidiary arm launched its first high-
auto industry, it is imperative for the government to take speed two-wheeler EVs, Zeal, which has seen good traction
urgent steps to boost consumption. We would, therefore, from the marketplace. This compliments the existing styl-
reiterate our appeal to the government to bring down the ish & reliable range of slow speed scooters backed by com-
GST on two-wheelers to 18% from the current level of prehensive EV ecosystem. To foster innovation & build
28%, in order to provide the much-needed relief to the sec- capabilities as part of Make in India commitment, Greaves
tor,” said Niranjan Gupta, CFO, Hero MotoCorp. has further invested in technology Centre in Bengaluru.
72
PRODUCTS
73