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Volume 20 Issue 3 August - September 2019

CHIEF EXECUTIVE OFFICER


Deepak Lamba

CHIEF FINANCIAL OFFICER


Subramaniam S

PUBLISHER, PRINT & PRODUCTION CONTROLLER


Joji Varghese

BRAND PUBLISHER | Rishi Sutrave


rishi.sutrave@wwm.co.in +91 9820580009 Single-use,
EDITOR & CHIEF COMMUNITY OFFICER | Niranjan Mudholkar
niranjan.mudholkar@wwm.co.in +91 9819531819 permanent damage!

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
Disclaimer: All rights reserved worldwide. Reproducing
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The opinions expressed by experts are their own and in
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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

32 Engineering Ideas Infrastructure:


42 Building a New and Vibrant India!

Preforms:
54 Molding with success!

Entrepreneur:
58 Clocking high rate of success!
59 Perfect recipe of success!

AUTOMOTIVE 69 Facility Updates


26 Opening doors of opportunities
38 Emphasising on strengthening our operations 72 Finance
64 Shifting gears

70 Where is plastic currently incorporated into cars? 73 Products

PACKAGING RECYCLING

24 From 3D to 4D – Your Bag of 30 Making front-end carrier over-


Rice has evolved moulding from plastic waste 66 K SPECIAL
44 On the rise! 50 ‘Sustainable’ Games

46 A new beginning! 55 The Holy Grail of Plastic Industry


NEWS NATIONAL

Lockheed Martin signs MoUs with three Indian start-ups


L ockheed Martin has recently an-
nounced the establishment of
Memorandums of Understanding
forms. Through these agreements,
we look to provide engineering
support, mentoring, and assistance
ment, test and qualification of the
Cargo Ground Buildup System
(CGBS) for Fixed and Rotary wing
(MOU) with three Indian Start- in the qualification of some of the aircraft. The company expects to
ups. The MOUs pave the way for technologies proposed, all of which provide NoPo Nanotechnologies
Terero Mobility, Sastra Robotics, contribute to our mission of making with a Scope of Work for qualifica-
and NoPo Nanotechnologies, gradu- in India,” said Phil Shaw, Chief Ex- tion of As-Produced, Purified and
ates of the India Innovation Growth ecutive of Lockheed Martin in India. Metallic Sorted HiPCO® Carbon
Programme (IIGP), to integrate with “We are delighted to have identified, Nanotubes to provide electromag-
Lockheed Martin’s supply chain, and through the IIGP, three inspiring netic interference and lightning
contribute to the evolution of both start-ups that we perceive potential protection. Successful qualification
the Indian and global aerospace to collaborate with on a global scale. of NoPo HiPCOTM Carbon Na-
& defence industry. According to We envision our intended partner- notubes based composite would en-
Vivek Lall, Vice President for Strat- ship with them to enhance the plat- able the company to be a supplier to
egy and Business Development at forms and programs we’re develop- Lockheed Martin and other Tier-1
Lockheed Martin Aeronautics, “The ing, especially the solutions we wish OEMs. Lockheed Martin expects to
agreements entered into, attest to the to offer India.” provide Sastra Robotics with a scope
commitment of Lockheed Martin to Lockheed Martin expects to of work for qualification of robots
cultivate and integrate indigenous provide Terero Mobility with a produced by the company for Avi-
content into global systems and plat- scope of work for design develop- onics testing.

CII identifies 31 products with high Indian Railways to invest


potential in export markets Rs.50 lakh crore
T he Confed-
eration
Indian Industry
of R ecently Suresh Angadi, Minister of State Railways
spoke of several interesting developments aimed at
modernization of Railways. “With growing consumer-
(CII) has identi- ism and a large workforce, Indian Railways needs fur-
fied 31 items with ther investment, private participation & focus on freight
high potential for transportation,” said the Minister. “The Government is
exports in a new focusing on market-friendly mechanisms and ease of do-
study on boost- ing business.”
ing merchandise Echoing the same vision for growth, Vinod Kumar
exports. The iden- Yadav, Chairman, Railway Board said, “Indian Railways
tification of the is now gearing up for quantum jump in infrastructure
products comes in development.” He said that freight transportation has
The Economic Times POLYMERS | August-September 2019

the light of mod- been cross-subsidizing passenger transport. There is no


erating export lack of demand, but capacity is a constraint due to lack
growth in the first quarter of 2019-20 as a result of global of land clearance and delayed forest clearances. Under
trade developments. Items in the list include women’s appar- digitalization of railways, one of the many recent ini-
el, drugs, cyclic hydrocarbons, and furniture, among others. tiatives is the introduction of the real-time information
“A targeted export strategy that identifies and boosts the system. A pilot project of GPS installation has been
right products is imperative for achieving double digit ex- run on 4000 locomotives, and automated chartering
port growth. An export strategy assumes greater significance of trains have been started.N Sivasailam, Special Sec-
given a rapidly changing global trade landscape, shifting of retary, Logistics, Department of Commerce, Ministry
global value chains and new free trade agreements, including of Commerce and Industry also spoke at the inaugural
mega trade agreements. CII has analyzed and identified se- session. “The logistics’ contribution to GDP stands at
lect export items where India can become a leading exporter 13 per cent, comparable to that of developed nations
and offers recommendations for boosting such products,” of 7-9 per cent. The cause of concern is the declining
said Chandrajit Banerjee, Director General, CII. trend of the contribution made by Railways. Therefore,
In a research paper, “Indian Exports: The Next Trajec- we need to prioritise freight in rail transportation”. He
tory – Mapping Products and Destinations”, CII has sug- emphasized that digitization, appropriate utilization of
gested a double-pronged approach of expanding domestic assets, encouraging PPPs, and proper dispute resolution
production and undertaking targeted promotion in top im- mechanisms will go a long way in streamlining railways
porting nations to build exports in these items. and attracting private investors.

8
NEWS NATIONAL

Varroc to acquire majority stake in CarIQ Technologies


V arroc Engineering Limited
plans to acquire 74% stake
in the Pune-based CarIQ Tech-
for more than 90 million+ kms
spread across 50,000+ drivers.
This transaction will com-
nologies, a leading integrated plement Varroc’s connected ve-
connected vehicle solution pro- hicle product offerings such as
vider to OEMs, fleet owners instrument clusters, telematic
and insurance companies. devices and other data based
CarIQ is one of the few analytical products.
Indian tech start-ups that pio- Arjun Jain, President –
neered technology solutions for Electrical & Electronics busi-
connected mobility. CarIQ’s ness at Varroc said on the oc-
proprietary solution is a seam- casion, “Varroc’s direction,
less combination of hardware, software and IoT platform even in a softer market, is to drive growth by leveraging
that enables safer driving, optimizing uptime and personal automotive trends that will remain constant, trends like
and commercial mobility. Its data analytics platform helps the desire to be greener, safer, smarter and more connected.
gather engineering data from a car into useful format for We see our collaboration with CarIQ and the capabilities
vehicle users, OEMs, fleet owners and Insurance Compa- we will build together and share as a crucial part of both
nies. CarIQ platforms have so far analyzed driving patterns our current and future product strategy.”

Benelli India increases production capacity NISE, UNIDO sign an


agreement
B enelli India has
announced that
it has increased its
production capacity
at its assembly facility
R ecently, an agreement was signed
between the National Institute
of Solar Energy (NISE) & the Unit-
in Hyderabad from ed Nations Industrial Development
7,000 units to 20,000 Organization (UNIDO) to initiate
units. The company a skill development programme for
also added that it has different levels of beneficiaries in the
further opportunity to solar thermal energy sector. NISE &
double production ca- UNIDO will engage national & in-
pacity to 40,000 units ternational experts to bring the best
annually based on practices by developing specialized
market demand. training material. The agreement
Moreover, the company is actively exploring the EV opportunity in the In- is part of the ongoing MNRE-
dian market. This is based on the clear indication from the government about a GEF-UNIDOproject implemented
The Economic Times POLYMERS | August-September 2019

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.

Vakrangee to set-up EV charging infra across India


V akrangee Limited has decided
to set-up EV Charging Infra-
structure facility through Nextgen
from Tier 5 and tier 6 cities. Their
planned target is to reach at least
75,000 by FY2021-22 and 3,00,000
kendras. They continue to focus on
expanding the bouquet of services
available at their exclusive Nextgen
Vakrangee Kendra Outlets. outlets by FY2024-25. Vakrangee Vakrangee Kendras.
Vakrangee has 3,504 Nextgen plans to leverage this deep presence For all operators who want to
Vakrangee Kendra’s spread across 19 by being an enabler for the EV setup EV services in India, it will
states, 366 districts and 2,186 postal charging facility through its network make sense for them to leverage
codes. More than 68% outlets are of Retail outlets called as Vakrangee these charging infrastructure.

10
NEWS INTERNATIONAL

Henkel partners in governmental sponsored research


and development project SYMPA
H enkel is partnering in a research
and development project called
SYMPA, that is sponsored by the
a focus on automotive applications.
SYMPA started end of 2018 and
involves five partners bringing differ-
cal properties, low durability and
low UV stability. The innovation
objectives include the development
German Federal Ministry of Educa- ent expertise along the entire value of a new photosensitive polymer
tion and Research (BMBF1) and the chain of the SLA technology. with increased long-term thermal
Federal Ministry Republic of Austria The project partners believe and mechanical properties, the fibre
Transport, Innovation and Technol- that the SLA technology has a huge reinforcement of the polymer and
ogy (BMVIT2). The German and potential to enable the production surface modification technologies to
Austrian project consortium aims of customized parts and products further enhance the environmental
to develop new materials, printing specifically designed for customer resistance of products. All developed
methodologies and post-processing needs especially in automotive. technologies will be demonstrated
technologies for durable Stereo- Thus, SYMPA aims to overcome based on real automotive parts con-
lithography (SLA) products using some of the weaknesses of current sidering the requirements on indus-
Digital Light Processing (DLP) with SLA materials such as low mechani- trial production processes.

DOMO Chemicals acquires Solvay’s Momentive being


polyamides business acquired by
Investor Group

M PM Holdings Inc. (Momentive) and


SJL Partners LLC, KCC Corporation
& Wonik QnC Corporation (collectively,
the “Investor Group”), have entered into
a definitive merger agreement whereby the
Investor Group will acquire Momentive in
a transaction valued at approx. $3.1 billion.
Based in Waterford, New York, Mo-
mentive develops & manufactures specialty
silicones & silanes, as well as fused quartz
and specialty ceramics products. Momen-

D OMO Chemicals and Solvay


have signed an agreement for
DOMO to acquire Solvay’s Per-
Q4 2019. The purchase price to
be paid by DOMO on a cash and
debt-free basis would amount to
tive has a more than 75-year track record of
creating products & solutions to serve more
than 4,000 customers in over 100 coun-
The Economic Times POLYMERS | August-September 2019

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

DSM and BAC collaborate on 3D printing in automotive manufacturing


R oyal DSM has announced
collaboration with Briggs
Automotive Company (BAC),
are lighter, more durable, and
more cost-effective to produce
than traditional inlets. Thanks
the British supercar manufac- in part to design, Computer
turing company based in Liver- Aided Engineering (CAE), and
pool. Together, the two compa- manufacturing changes to key
nies will co-develop innovative parts of the Mono via 3D print-
3D printing applications for the ing, BAC and DSM were able
new BAC Mono R and show- to limit the weight of the new
case the potential of additive supercar to 560 kilograms - a
manufacturing in the automo- record low.
tive industry thanks to weight reduc- bles original equipment manufactur- Other innovations are still to fol-
tion and increased customizability. ers (OEMs) to explore new designs low. For instance, DSM and BAC are
DSM and BAC will work to- that would be impossible to produce currently exploring the design and
gether to unlock the full potential of using traditional manufacturing production of 3D-printed parts in-
additive manufacturing in the auto- methods. corporating new, organic shapes and
motive industry. Both companies are The new Mono R features a se- hollow internal structures – radically
convinced that integrating 3D print- ries of new, 3D-printed parts. For reducing weight while maintaining
ing in car manufacturing allows for instance, BAC and DSM developed strength. Additive manufacturing
the creation of parts that are not only 3D-printed grips for the Mono R’s also enables OEMs to replace mate-
lighter, but also stronger and cus- steering wheel that are fully custom- rials now common in car manufac-
tomizable to meet specific customer izable to its driver. The car also fea- turing with newer, high-performing
needs. In addition, 3D printing ena- tures new 3D-printed air inlets that and recyclable materials.

Bayer and Lanxess to sell their INEOS Styrolution celebrates


stakes in Currenta groundbreaking of ASA plant
B ayer and Lanxess will sell their stakes in the chemical park
operator Currenta to funds managed by Macquarie Infra-
structure and Real Assets (MIRA), the world’s largest infrastruc-
I NEOS Styrolution recently hosted groundbreak-
ing ceremony for its new 100kt ASA (acrylonitrile
styrene acrylate) plant in Bayport, Texas. The devel-
ture investor. Both companies signed corresponding agreements opment of the new site is part of a bigger expansion
with MIRA on August 6, 2019. The transaction still requires plan for the Americas, which includes increased ABS
the approval of the responsible authorities. Currenta manages (acrylonitrile butadiene styrene) capacity at the Al-
and operates infrastructure, energy supply and other essential tamira site in Mexico, while transition the ASA pro-
services across the chemical parks in Leverkusen, Dormagen duction to the new site in Bayport.
and Krefeld-Uerdingen and is currently a joint venture of Bayer The location of the new site was selected based
The Economic Times POLYMERS | August-September 2019

(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

BALBIR SINGH DHILLON TO HEAD AUDI INDIA


Audi, the German luxury car manufacturer, today announced top-level management changes in India. Rahil Ansari has been
selected by AUDI AG for an important position at the company headquarter (Ingolstadt) in the Finance division. In his new
assignment Ansari will take the role of Senior Director, Central Sales Controlling (Global).
Balbir Singh Dhillon who is currently heading Dealer Development has been elevated as Head, Audi India to be effective
from September 1, 2019. An experienced automotive professional, Dhillon joined Audi India for his second stint in July
2018 and brings with him 23 years of automotive experience.
According to Michael Frisch, Vice President Region Overseas AUDI AG, “Rahil’s contribution has been immense for Audi
India. He was a true representative of Brand India at AUDI AG and has created the foundation for future success. The work
he has done will provide the basis for a sustainable business and profitable network in India with new digital customer cen-
tric activities. Rahil’s strong business acumen has been highly acknowledged in the HQ, which is why he has been offered
such a senior position.”

OLIVER ZIPSE APPOINTED AS THE NEW CHAIRMAN OF THE BOARD OF


MANAGEMENT, BMW AG
Oliver Zipse will assume the role of Chairman of the Board of Management of BMW AG
effective on August 16, 2019. The company’s Supervisory Board made this decision today
during its meeting in Spartanburg, South Carolina (USA). Zipse will succeed Harald
Krüger, who informed the Chairman of the Supervisory Board at the beginning of July
that he would not seek a second term of office. Krüger will resign as Chairman and will
leave the Board of Management by mutual agreement on August 15, 2019.
“With Oliver Zipse, a decisive strategic and analytical leader will assume the Chair of
the Board of Management of BMW AG. He will provide the BMW Group with fresh
momentum in shaping the mobility of the future,” said Dr Norbert Reithofer, Chairman
of the Supervisory Board of BMW AG.
Zipse, the designated Chairman of the Board of Management, has been a member of the
Board of Management of BMW AG since 2015 and is currently responsible for the pro-
duction division. He began his professional career in the company in 1991 as a Trainee and has since held various manage-
ment positions, including as Managing Director Plant Oxford and Senior Vice President Corporate Planning and Product
Strategy.

SCHAEFFLER INDIA APPOINTS HARSHA KADAM AS MD


The Economic Times POLYMERS | August-September 2019

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

BASF APPOINTS CAROLA RICHTER AS PRESIDENT ASIA PACIFIC


BASF has appointed Dr. Carola Richter as President, South & East Asia, ASEAN, and Australia / New Zealand at BASF,
effective July 1, 2019. She succeeded Dr. Ramkumar Dhruva, who assumes responsibility for BASF’s global Monomers
Division in Waterloo, Belgium.
Richter started her career with BASF in 2003 as a management consultant in Ludwigshafen, Germany. She then held various
management positions in Hong Kong and Germany, including Senior Vice President of Global Marketing and Technol-
ogy, and Vice President of Global Business Management, Hygiene. She was most recently Senior Vice President, Economic
Evaluations in Ludwigshafen. Richter was born in Germany in 1973. She obtained her PhD in Physics and Mathematics
from Heidelberg University.

R GOPALAKRISHNAN TO BE NEW CHAIRPERSON OF CASTROL INDIA


Castrol India Limited announced the decision of Susim Datta to step down from his role
as the Chairperson and Independent Director of Castrol India (CIL) Board of Directors
after serving for 23 years. The CIL Board passed a resolution with respect to Datta’s deci-
sion at the Board Meeting held.
In his long and illustrious career, Datta is known as a senior corporate statesman having
served as Chairman of Hindustan Lever Limited as well as of Unilever Group of Com-
panies in India and Nepal. He has also served on the Board of several reputed Indian
corporates.
R Gopalakrishnan, who has been an Independent Director on CIL’s Board, will succeed
Datta as the new Chairperson effective October 1, 2019.
Gopalakrishnan has over fifty years of management experience having lived and worked in India, the UK and Saudi Arabia.
He began his career in 1967 as a computer analyst with Hindustan Lever after studying physics in Kolkata and electronic
engineering at IIT Kharagpur. He has attended the Advanced Management Programme at Harvard Business School.

BJÖRN ROSENGREN APPOINTED ABB’S NEW CEO


The Board of ABB has unanimously appointed Björn Rosengren, as Chief Executive Of-
ficer. He will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role
on March 1, 2020. At that time Peter Voser will revert to his position at ABB solely as
The Economic Times POLYMERS | August-September 2019

Chairman of the Board.


Björn Rosengren (60), a Swedish citizen, is a highly experienced, international executive
and leader of industrial businesses. He has been the CEO of Sandvik, a high-tech global
engineering group, since 2015. During this time, he has overseen the successful imple-
mentation of a decentralized structure and improved both the profitability and financial
strength of Sandvik. Prior to that, he was CEO of Wärtsilä Corporation, which manufac-
tures and services power sources and other equipment for the marine and energy markets
(2011-2015) and spent some thirteen years (1998-2011) in a variety of management roles
at Atlas Copco, a world leading provider of sustainable productivity solutions.
“The Board is pleased that Björn Rosengren will be taking the lead at ABB, bringing with
him a proven track record of value creation and exactly the managerial skills ABB needs
during the next stage of its transformation,” said ABB Chairman and current CEO, Peter
Voser. “After undertaking a thorough search, the Board is convinced that Björn Rosengren
is the best candidate for the role. He understands how to establish successful decentralized
organizations, empower people and demonstrates the culture of cooperation and high
performance. Together with our strong management team, he will drive ABB’s strategy
and deliver long-term value to all our stakeholders.”

18
CALENDAR

Mark your DIARY


A LIST OF KEY TRADE SHOWS HAPPENING BETWEEN
SEPTEMBER 2019 TO OCTOBER 2020.

SEPTEMBER PackEx India JANUARY Plastivision 2020


2019 Location: New Delhi, India
Website: www.packexindia.com
2020 Location: Mumbai, India
Website: www.plastivision.org

13–15 Background: 16–20 Background:


PackEx India brings together the best The leading exhibition for the plastics
in packaging material and machinery, thus making it the most industry, consists of various sectors of the industry including
attractive platform for the packaging development professionals Machinery, Raw Materials, Finished Goods Manufacturers to
and decision makers from across the industry sectors in the Chemicals, Resins, Compound makers and ancillary industries
Indian sub-continent. like Molds, Dies, Automation, recycling and more.

OCTOBER K OCTOBER India Chem 2020


2019 Location: Düsseldorf, Germany
Website: www.k-online.de
2020 Location: Mumbai, India
Website: www.indiachem.in

16–23 Background: 8–10 Background:


K is considered as the world’s largest The India Chem is one of the largest
trade fair for the plastics and rubber industry. It gathers the most fairs for the chemical and pharmaceutical industries in India. In
important supplier of plastics and rubber machinery, raw and Mumbai are the most chemical and pharmaceutical companies
auxiliary materials and semi-finished products, technical parts to find. Latest products and technologies are found here.
and reinforced plastic products under one roof.

OCTOBER Fakuma
DECEMBER Plast Eurasia Istanbul 2020 Location: Friedrichshafen, Germany

2019 Location: Istanbul Website: www.fakuma-messe.de/en/

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

PVI 2020: Bigger - Better - Grander


Kailash B. Murarka, Chairman - National Executive Committee, Plastivision India 2020 says
PVI 2020 is emphasising on new technologies and addressing the challenges
that the plastic industry is facing.
By Swati Deshpande

How is the plastics industry faring


in India?
Every industry has its own chal- PVI 2020 IS
lenges and opportunities. There is a TO HOST
huge scope to meet the ever increas- INTERNATIONAL
ing demand considering the abysmal RECYCLING &
usage of per capita plastic in India WASTE CONCLAVE
compared to global standard where
WHICH WILL BE
the plastic usage is 10 times higher.
Plastic industry in India is enhanc-
ATTENDED BY
ing its reach by employing global THE WHO’S WHO
technology for better margin and OF THE PLASTIC
output. I believe the industry is do- INDUSTRY.
ing fairly well.

Plastivision India 2020 (PVI) is


just a few months away. How is All conclave on Recycling and Waste booking in terms of area. PVI 2020
India Plastics Manufacturers Asso- Management (to be patronized by is to host international Recycling
ciation (AIPMA) gearing up for it? speakers of international repute). & waste conclave which will be at-
AIPMA-PVI has chalked out a Moreover, other initiatives such as tended by who’s who of the plastic
promising and exciting roadmap to SME & MSME sectors hand hold- industry.
attract exhibitors and visitors from ing will benefit the exhibitors as well
India & abroad. We get this enor- visitors. What are the challenges that the
mous networking opportunity every With such initiatives, we plan to plastics industry is facing cur-
three years. As part of the prepara- attract more than 250,000 visitors. rently?
tion, AIPMA tries its best to reach to With global warming and its impact
The Economic Times POLYMERS | August-September 2019

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

From 3D to 4D – Your Bag of


Rice has evolved
When 3D packaging pouches faced challenges, 4D came into the picture.
Know more about it.

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

CONSUMERS ARE BECOMING AWARE OF


THE ENVIRONMENTAL BENEFITS AND THE vehicles on the India market which is
INFRASTRUCTURE CONSIDERED TO BE following global trends to use hybrid
PROVIDED BY ENERGY CONCERNS AND THE and electric vehicles.
AUTOMOBILE INDUSTRY COMBINED WILL Also, there is the drive from the
government to promote and develop
GRADUALLY ENABLE MORE CONSISTENT CITY the infrastructure along with innova-
PERFORMANCE AND LONG-RANGE USE OF tion incentives to enable e-vehicles to
ELECTRIC VEHICLE. be more suitable for the consumer.
Local development of electric
end-consumer needs and wants, our possible by the seamless integration 2 & 3 wheelers are being well pub-
insight in new technology and our of HMI (human-machine interface) licized & the introduction of EVs
ability to transform all this know- technologies, such as displays or ca- with higher distance range makes
how into solutions for car interiors pacitive switches. In the vehicle’s in- their acceptance more attractive.
that create a better life on board. terior, Smart surface particularly of- Public transport initiatives to use
One such innovation is Smart fers wide latitude of design freedom. electric busses is already developing.
Interior Surface (SIS) that may grad- We are particularly proud on our Consumers are becoming aware
ually find its adaptation in Indian Multifunction Deco Panel (MFDP) of the environmental benefits and
market. Innovations, combining ad- products recently launched with one the infrastructure considered to be
aptations of developing technology of our global customers. The interest provided by energy concerns and the
but suited to the demanding vehi- in MFDP through our current series automobile industry combined will
cle requirements, are very exciting. of India technology shows is over- gradually enable more consistent city
YFAI has several SIS products which whelming. performance and long-range use of
are redefining the vehicle interiors. Understanding the trends, cus- electric vehicle.
Interior is changing and the are- tomer needs and changing interior This trend for all vehicle seg-
as where consumers will concentrate requirements is the key and we are ments will continue to develop. The
for media and control functions are looking forward to introducing these rate of this development is still be-
changing. In the future, every sur- products in the next generation local ing analyzed. At global level, YFAI
face inside the vehicle can become vehicles. believes this is an opportunity and is
a smart surface. Various operat- working with new age vehicle manu-
ing functions in the vehicle will be How do you look at the emergence facturers, who are focused on EV.
seamlessly and invisibly integrated of e-vehicles? How do you look at This will provide a strategic advan-
into the design of the interior, and e-vehicles’ future in India? tage to YFAI in India as and when
information will always be able to There is a great deal of information the migration to this technology
access flexibly. This will be made available on the prognosis for the e- happens.
The Economic Times POLYMERS | August-September 2019

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

Making front-end carrier over-moulding


from plastic waste
Recycled plastic material is tested on prototype production parts in the
all-electric Jaguar I-PACE
rial would mean Jaguar Land Rover
could use domestically derived re-
cycled plastic content throughout
its cars without any compromise to
quality or safety performance.
Plastics are vital to car manu-
facturing and have proven benefits
during their use phase, however,
plastic waste remains a major global
challenge. Solving this issue requires
innovation & joined-up thinking
between regulators, manufactur-
ers & suppliers. Speaking about it,

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

ing heavier. So we need to create so-


lutions that are sturdy to withstand
all requirements of the product &
its handling and are also lightweight.
Therefore, there is an immense im-
petus on the designing team. Also,
we need to take a collaborative ap-
proach with customers understand
features of the product, location of
the launch, transportation involved,
THE CHALLENGE IS HOW CONSUMPTION OF etc.”
FIBRES CAN BE REDUCED WITHOUT DILUTING When asked about if packaging
THE SPECIFICATIONS OF THE PRODUCT HENCE of the same product can be different
MAKING IT LIGHTER. LIGHTWEIGHT HAS BEEN for urban and rural areas depending
A TREND FOR QUITE SOME TIME NOW. SUCH on its location of consumption, he
says “Today it is not advisable to opt
OPTIMISATION OF PACKAGING SOLUTIONS IS
for different packaging solutions for
NEED OF THE HOUR. as per the location. Such cases might
lead to confusion and lack of con-
reads. Giving the background of like molding, silica filling, etc,” he fidence in the brand. In short, it is
requirements, he states, “These clo- narrates the story behind the devel- important that the same packaging
sures were developed for effervescent opment of SealDry closures. has to be reached to all the consum-
tablets which should not be exposed ers and the packaging also has to give
to moisture. Additionally, it has to Impact of e-commerce them same experience.”
be completely tampered evident and As the lifestyle has changed, so are Having said this, Kripalani fur-
tablets in the tube should not shake the buying patterns. In today’s age, ther adds, “The impact of e-com-
even after they are consumed gradu- e-commerce plays an important role merce might be seen on premium
ally.” and has impact on the packaging in- range of personal care products. if
“To address these requirements, dustry as well. “With the emergence the usual personal care products like
we developed the SealDry desiccant of e-commerce the packaging has to shampoo, etc. are bought through
closure, a spiral desiccant closure be sturdy enough to be shipped to e-commercen, it is generally bought
that provides maximum protection. even far off places. Also, using more in combination with several other
These closures have in-built tamper plastics for these purposes is not ad- products where in such specific
evident ring which can protect the visable as it would make the packag- packaging is not required. E.g. gro-
The Economic Times POLYMERS | August-September 2019

integrity the product while the spiral


design of the cap helps in keeping
the product in place during trans-
portation. The cap comes with Silica
gel for prevention from humidity
and moisture,” he explains. However
coming with an idea and designing
it was not the only task. Manufac-
turability of these closures was yet
another challenge that the company
had to come over.
“Having a closure that has spiral
in it, also, adding silica gel, etc. are
some of the challenges that we faced.
It was a new development, so we had
to design a machine that could en-
able us to manufacture such closures.
With our inputs, the vendor devel-
oped a machine that includes stages

34
COVER STORY

Secondly we need to make prod-


ucts recyclable. “In our own manu-
facturing plants, what we try to do
is, whatever plastic waste is gener-
ated in our own factory, we try to
consume it by ourselves wherever it
is possible. As we cater to pharma
and food industries, we have do face
certain restrictions in doing so.”
“We are also looking at increas-
ing the recycling quotient in the
products. In fact, in the global mar-
ket it a trend to use recycled mate-
rial. In fact, some of the renowned
THE CHEMICAL COMPANIES ARE WORKING ON companies have launched special
ALTERNATIVES. CURRENTLY SUCH ALTERNATIVES range of recycled products,” he adds.
ARE AT NASCENT STAGE BUT IT’S ONLY MATTER He continues by saying “Luck-
OF SOME TIME WHEN SPECIALITY CHEMICALS ily, Indian society has positive ap-
WILL ACT AS AN ALTERNATIVE TO POLYMER proach towards recycling and also
has an ecosystem in place to a cer-
PLASTIC tain extent. Around 55-60 per cent
plastics waste is already recycled in
cery shopping would also include a data is in, it is developments team’s the country thanks to robust supply
shampoo. However, there is an ex- job to come up with a right design chain starting with kabadiwalas and
ception of premium range products, suiting all needs. Also, they also need rag pickers. We need to strengthen
which are generally expensive and to take manufacturability of the this ecosystem further.”
bought as a single unit even through product into consideration.” “The other alternative that is
e-commerce. In that case, we first ask seen on the horizon is biopolymers.
our consumers about its shipping Sustainability Firstly they are costly and we still
and how it would be handled and Currently, recycling and sustainabil- need to figure out how they react
accordingly our development team ity are the buzz words in the market. when content of moisture & wet
develops the product.” “Today there is a need to relook at content is very high,” he says. Add-
Speaking about R&D team, he packaging solutions. The challenge ing further, he says, “There some
says, “We are involved more in de- is how consumption of fibres can be other chemical companies which are
The Economic Times POLYMERS | August-September 2019

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

How do you look at the emergence


of e-vehicles? How do you look at
e-vehicles’ future in India?
The promotion of EVs in India looks
promising, but comes along with
challenges. At the moment, India is
emerging as one of the promising au-
tomobile markets and shall offer big
powertrain parts, etc. are now made could run our operation 70 per cent opportunities to many OEMs to ex-
of plastics and play a great role in on solar energy and aim to achieve pand their market share. The chang-
weight reduction. 85 per cent by year end. As a part es needed in terms of the design,
We have been acting as a bridge of Eco manufacturing plant, we have materials, etc. in the automobiles
between the OEM and the raw initiated special activity to reduce would give raise to many auto com-
material manufacturers in identify- waste with ‘Mottai Nai’ approach ponent industries. However, with
ing, developing and promoting low (Don‘t be wasteful) aiming to be- EVs contributing less than 10 per
weight materials, generation of new come Role Model Company in TG cent of the total sales, it is not going
design ideas with support of Toyoda world by 2020. to be a smooth road in India. Biggest
Gosei, Japan in this direction. challenges lie in the infrastructure es-
Plastics Fuel Filler pipe, light- Plastic as a material plays an im- tablishment in terms of the charging
weight integrated grille supporting portant role in the automotive in- stations, the technology required,
autonomous driving with sensors are dustry. How do you look at it? maintenance and sustenance of the
pioneer products developed by TG. The birth of plastics is a boon to the same. Additionally, the manufactur-
society and particularly automotive ing cost of EVs being high, it is not
Also, there is an increasing trend industry. With advanced plastic ma- affordable for the Indian market in
towards going green in the auto in- terials usage, the automobiles have present condition.
dustry. How do you look at it? become safer, more comfortable and Moreover, battery is the most
When we talk about ‘Going Green’, affordable mode of transportation. critical part of EV. Currently Lithi-
the primary industry in focus is the Future technology changes in um – ion Batteries (LIBS) is widely
automotive industry. Every automo- terms of hybrid or electric cars will adopted. Affordability, distance cov-
bile maker and the related automo- open up opportunities for plastics erage and of course the recyclability
tive industry is now giving more industries to contribute more to- of battery are the serious issues to
thrust to the research and develop- wards making the best safety, quality, be tackled. Clear Long-term policy
ment of more eco-friendly materials environment friendly cars. addressing above challenges, pro-
The Economic Times POLYMERS | August-September 2019

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

Building a New and Vibrant India!


The government intends to invest more than Rs.100 lakh crore in infrastructure sector in
the next five years. This will contribute to the nation’s economic growth.
By Niranjan Hiranandani

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

Magna, BAIC form a JV for electric vehicles manufacturing

M agna, BAIC Group and


the Zhenjiang govern-
ment celebrated the signing of
vestment in a complete vehicle
manufacturing facility outside
Europe. It will combine Mag-
a framework agreement gov- na’s unique complete vehicle
erning their electric vehicle engineering and manufactur-
manufacturing joint venture in ing expertise and BAIC’s local
Zhenjiang, China, which marks manufacturing, marketing and
another milestone of their con- distribution footprint to sup-
tinued cooperation. Execu- port electric mobility in China.
tives from both companies and The facility has the capacity of
Zhenjiang government officials up to 180,000 vehicles per year.
attended the celebration. The transaction, which is pend- “Magna has proven experience building complete ve-
ing regulatory approval and other closing conditions, is hicles for customers,” said Günther Apfalter, President of
expected to close in the fourth quarter of 2019. Magna Europe and Magna Steyr. “We are excited to work
This joint venture, which is to be controlled by an with BAIC to further strengthen Magna’s e-mobility capa-
affiliate of the BAIC Group, represents Magna’s first in- bility in the largest global market for new energy vehicles.”

Groupe PSA launches India Tata Power, Tata Motors join


Technical Center at Chennai hands for charging stations
C ontinuing its commitment for Indian market, PCA
Motors India Private Ltd, part of Groupe PSA, opened
its new India Technical Center [ITC] in Chennai. The new
T
tors
ata Power
and Tata Mo-
announce
ITC will play a key role in smoother & more efficient work- their partnership
ing of the employees of PSA India. Working together as one to install 300 fast
single team, in a large open space, will boost the capacity charging stations
of the group to accelerate further in India. Eric APODE, by the end of the
Senior Vice President, PCA Motors India, was present at FY20, across key
the launch. five cities namely
The ITC is located in a specific building area, Chennai Mumbai, Delhi, Pune, Bangalore and Hyderabad. Today,
One, which is part of one of the Chennai Special Economic both companies inaugurated their first 7 charging sta-
Zones [SEZ]. The new center will house departments of tions in Pune, to enable the e-mobility drive in the city.
Research & Development, Programs and Projects, Global Over the next two months, 45 more chargers will be in-
Purchasing Hub, Supply Chain, Process and Manufacturing stalled across the other four cities. These chargers will be
Engineering, Quality, KD Excellence Center and Product. installed at Tata Motors dealerships, certain Tata Group
The co-location of the technical partner of Groupe PSA - retail outlets and other public locations. The chargers The Economic Times POLYMERS | August-September 2019
TCS [Tata Consultancy Services], located in the same zone, will be operated by Tata Power and will adhere to Bharat
will help to enhance the synergies and the efficiency of the Standard (15 kW) for the initial 50 chargers. Going for-
work. ward, we will also have charging stations that will adhere
Commenting on the launch, Emmanuel Delay, Execu- to 30-50 kW DC CCS2 Standard. These chargers can be
tive Vice President & Head of India-Pacific, Groupe PSA, accessed by any electric vehicle user, having cars compat-
said, “The new India Technical Center [ITC] is an impor- ible to the above charging standards. Tata Power and Tata
tant step for the development of Groupe PSA in India, and Motors have jointly developed an attractive charging tar-
is definitely an asset to grow the Group’s business in the In- iff for Tata Motors EV customers.
dia & Pacific region. This is part of our strategy to develop Speaking at the occasion, Praveer Sinha, MD &
a global network of state-of-the-art technical center, strate- CEO Tata Power, said, “We are committed to making
gically positioned in India, to support a customer-oriented India EV ready in line with the Government’s ambi-
agenda. With the new center, we’re focusing our investment tion of providing green technology solutions and Tata
in creating a cohesive work environment to accelerate our Group’s vision of reducing India’s carbon footprint. Our
growth. This unified approach will improve speed, efficiency aim is to make EV Charging as fast and easy as possible
and effectiveness of our employees, while enabling us to ad- for all Indians and we are very pleased to partner with
dress evolving consumer needs more quickly in the future. Tata Motors, with whom we jointly identified high pri-
Our investment in ITC further emphasizes the importance ority locations which could be preferred by the potential
of India to our global business.” EV owners.”

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

novation and integration, which are


the main factors behind the growth
of the pharmaceutical packaging
industry. This growth is expected to
be highest in the emerging econo-
mies of India, primarily on account
of increasing generics and contract
manufacturing activities in these
countries.

How is the packaging industry re-


sponding to Industry 4.0?
The idea of Industry 4.0 has been
around for some time and it is begin-
ning to find widespread adoption.
We have been working hard towards
this and it expects investments to in-
crease over the next 12 months. We
can expect to see digital technologies
How’s been the business for Mes- What is the approximate size of
pack in the last one year? the flexible packaging machinery
Mespack has been growing at a good market in India?
pace. It has been a wonderful year The Indian packaging industry is val-
for Mespack. We are rising ourselves ued at about US$ 13 billion. India’s
in the manufacturing of packaging packaging machinery manufacturers
machines in India. The business has would be treated with a double bo-
The Economic Times POLYMERS | August-September 2019

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.

The Economic Times POLYMERS | August-September 2019

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

datacenters, infrastructure like smart Sea and Land defence.


cities, government projects, Airports TECHNOLOGIES d) lastly, telecom where we manu-
and metros are making huge impact AND APPLICATIONS facture telecom connectivity and
and creating huge demand for Opti- LIKE IOT AND A fiber to the home products.
cal fiber in India. GREATER NUMBER
OF CONNECTED Given the growing demand and
Can you please tell us about the DEVICES, DATA digital developments in all these sec-
company’s new plant? TRANSMISSION HAS tors, our strong experience and ex-
Currently, we are in the process of pertise will strengthen us to leverage
setting up our new plant in Vasai,
BECOME VITAL FOR the opportunities witnessed in the
near Mumbai, Maharashtra. After THE USERS. HENCE, above areas. This will perhaps even-
our first and largest plant in Ban- THE FIBER OPTIC tually help us to grow to be 400 cr
galore, the Vasai plant will act as CABLE MARKET IS by 2024.
support system for CIS in terms of WITNESSING A HUGE
both manufacturing and engineer- OPPORTUNITY OF Please tell us about your exports.
ing. With this expansion, we will be GROWTH DURING With regard to our exports, we are
largely catering to telecom and in- THE FORECAST focusing on Africa for our telecom
frastructure industries, especially the PERIOD. products and Israel and South East
fiber-to- the- home products, smart Asia for aerospace and defence.

48
INTERVIEW

Driven by values and innovation


We are moving directionally towards bringing new and good technologies already
available across the globe in the Huntsman portfolio and also developing new specialised
solutions for the Indian industry, says Harshad Naik, Managing Director,
India Subcontinent, Huntsman International (India) Pvt. Ltd.

By Niranjan Mudholkar

You took charge of Huntsman we have a R&D setup in Mumbai &


Corporation’s India Sub Continent we continue to invest into R&D to
operations as its MD in September bring new solutions.
2016. How’s been this journey and
what have been its highlights? What kind of manufacturing capa-
This was an organisation in transi- bilities do you have right now?
tion. At that time, we used to oper- We operate three sites. One is in
ate as four different companies with Baroda, one is in Ankleshwar, and
each business unit being a separate one is in Chakan near Pune. Apart
legal entity. We actually got together from this, we also work with certain
as one organisation Huntsman In- partners in the country to service the
ternational India, Limited in 2014. customer needs.
That was a journey where we wanted India and the Indian subcon-
to get together as one organisation tinent form a large manufactur-
and really drive it forward. The first ing base for textiles. So, we have a
aim was to build a culture of col- “WE ALREADY ARE capability in India to manufacture
laboration and trust in the company IN THE SPECIALITY dyes and chemicals for this industry
&I feel that we have achieved that CHEMICAL SPACE, tying it to innovation and sustain-
to a greater extent. Secondly, we al- BUT WE WANT TO ability, which, as a global company
ways believe that values are the most we would want to focus on. For ex-
important part of any organisation,
GROW MUCH MORE ample, let’s look at the brand Avitera,
& that’s where we have put special IN THAT SPACE AND from our textile dyes portfolio. One
emphasis on safety culture as well as THAT’S WHERE WE of the major feature of that product
on ethics and compliance culture. WOULD REALLY is the water requirement is reduced
And I think we drove that through SEE THE PROFITS by 50 per cent. It’s significant be- The Economic Times POLYMERS | August-September 2019
the entire leadership team in India, COMING IN.” cause if you look at most countries,
to come up in a in a big way. On the including India, are facing a lot of is-
other side, we wanted to grow fast. where we are today. We already are sues related to water scarcity. As the
We also wanted to make it a profit- in the speciality chemical space, but demographics change, as a dispos-
able growth. That’s where we really we want to grow further and that’s able income changes, people would
cranked up our innovation engine to where we would really see the profits buy many more clothes than in the
bring in newer solutions to the cus- coming in. This objective is clearly past, and the manufacturing process
tomers so that it’s a win-win situa- backed up by investing into R&D, would require that much water, so
tion. We have had good growth over and people, both in technical capa- it’s imperative that we get solutions
the years in the past and profitability bilities, and commercial capabilities, that change the way products are
has also improved. and putting in the right amount of manufactured. We would want to
assets to back up the growth for the invest into technologies which are
What’s the way ahead? organisation. So, we are moving di- sustainable & have a direct impact
India offers significant opportunity rectionally towards bringing new on the customers’ cycle time. So,
for growing our business. And we technologies already available across they can actually make the products
want to focus our company’s efforts the globe in the Huntsman portfolio at a much lower cost with lesser in-
towards two areas - one is becoming and also developing new specialised puts while also improving their car-
far more speciality as compared to solutions for the Indian industry. So, bon footprint.

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.

Comfort and Sustainability


The uniforms are cool, in both senses of the word, with
breathable material that counters the heat. They are also wa-
ter-absorbent and quick-drying for when it’s wet, and have
detachable trousers that can be turned into shorts when the al. Meanwhile, the uniform shoes have been coloured
temperature rises. Sustainability is another top priority. The using a special dyeing process which uses a minimum
uniforms are made using recycled polyester and plant materi- amount of water.

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

Molding with success!


Ashish Saini, Managing Partner, Ashish Exports, tells The ET Polymers that he believes in
investing into a relationship with the customers’ requirements and profits in mind.
By Niranjan Mudholkar

Tell us something about Ashish


Exports.
Ashish Exports is a leading PET
Preform mold manufacturer in
India. It is a young, dynamic and
technology driven enterprise lead by
technocrats. The company has been
in mold making for 25 years, exclu-
sively dealing in Pet Preform Mold.
We have been working with all PET
Preform majors in India like Pearl
Polymers, DS Group, Sunpet, HSIL
(Hindware Group Co.), Himalayan size from 15 to 150mm and weight vanced setup for manufacturing su-
Packaging, Alpha Packaging, Novel range from 3g to 750gm. We make perior quality mould Base and mould
Plastics, M M Containers and so on. up to 72 cavity molds with valve inserts. The finished mould base and
gated and balanced hot runner man- inserts are assembled in a dust proof
What kind of product lines do you ifold systems. Our main specializa- assembly section and further tested
have? tion is in multi-cavitations molds. for functionality and performance.
Our focus has always been on cus- We have already supplied over 1100 Company has an in-house qual-
tomer-oriented innovation. In align- Mold Systems. ity testing center with necessary re-
ment with this vision, we offer a vast sources like injection moulding ma-
range in preform designs with neck Tell us about your overseas presence. chine (250 tons) and equipment for
We have a strong presence in several preform / bottle testing, 3D profile
overseas markets like Mozambique, projectors for in-process checks and
Tanzania, Zambia, Nigeria, Ghana, end product testing.
Kenya, Nepal and Bangladesh. Ashish Tools have the entire
range of machinery required for
The Economic Times POLYMERS | August-September 2019

What kind of manufacturing in- manufacturing of high precision


frastructure do you have? Moulds as well as assembly/testing
Situated in Noida, we have state-of- and calibration equipment from
the-art manufacturing center with world renowned manufacturers.
latest machinery and highly qualified
employees working on modern tech- What differentiates your company
nology platform. Company has over in the market?
40 advanced machines running un- Our approach to the customer defi-
“WE HAVE A STRONG der 42,000 sq ft of area, which is one nitely sets up apart in the market. If
of the biggest manufacturing centers somebody comes to us with an or-
PRESENCE IN for mold manufacturing in India. der, we take it & analyse it from the
SEVERAL OVERSEAS Ashish tools advanced designing customer’s point of view. Our aim is
MARKETS SUCH center has adopted technologically that the customer should make prof-
AS MOZAMBIQUE, advanced design and simulation it. After one or two orders, we look
TANZANIA, ZAMBIA, techniques with technically quali- at having a long-term relationship &
NIGERIA, GHANA, fied team of engineers having wide invest into that relationship with the
KENYA, NEPAL AND experience in mould designing and customers’ requirements & profits in
BANGLADESH.” manufacturing. mind. This is what differentiates us
Manufacturing unit has an ad- in the market.

54
RECYCLING

The Holy Grail of Plastic Industry


Recycling can prove to be the “Holy Grail” for the plastic industry serving the
dual objectives of sourcing low cost raw-material from otherwise an eyesore on the
streets, beaches and water bodies; and addressing the ever-growing plastic
waste management challenges.
By S K Ray

dawned the “Age of Plastics”.


The first truly synthetic polymer
was Phenol Formaldehyde - a ther-
moset, commercially known as “Ba-
kelite”. This was developed in 1907
by Leo Baekeland and was named
after him. Bakelite was used for elec-
trical switches, telephones and for
other electrical applications.
Before that, Celluloid was in-
vented by Alexander Park in 1848.
This technically does not belong to
the family of synthetic polymer but
has many similarities. While the
British scientist, Alexander Park is
| Mixed waste awaiting sorting at a collection and segregation center. credited with invention of celluloid,
his contemporary in United States,

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

Source: ICPE Landfill is not an option!


| Fig1: Plastic Waste Handling Protocol

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

Clocking high rate of success!


Jayesh Shah, Managing Director of Sonam Clock Limited narrates his journey of
entrepreneurship to ET Polymers.
By Swati Deshpande

Please tell us about Sonam Clock’s looks time and again.


journey since inception & also fu-
ture plans. Most of the Sonam Clok’s employ-
Before establishing Sonam Clock, I ees are women. Can you please tell
used to be a trader in Mumbai. So, us about your workforce?
I started my journey as a trader. It Out of our employee strength of
is in 1996, things changed and I around 650 people, more than 90
moved towards manufacturing and per cent are women. They work on
assembling. We started with mod- the shopfloor too. Qualities such as
est production of 250 pieces a day. their sincerity and focus set them
It has been a satisfactory journey apart.
from then to now with production Most of the women who work at
and manufacturing capacity being grown to more than 650. the plant are not well educated. They
increased gradually. Over the years, the company has may not even have entered colleges.
Three years back, we started manufactured various wall clocks However what is important is that
making wall clock movements, as per the tastes and choices of the they are skilled to do the job that
which are generally imported from end users and have updated designs, they are doing. We do provide them
China. Under the initiative of Make initial on-job training. Importantly,
in India, we started manufacturing it they are also positive towards acquir-
in our plant in Morbi. ing new skills. With these qualities,
Today, the market for clocks they have been important part of the
is faring well. We are expecting the company’s success.
market size to reach Rs. 1500 crores. Our plant is located at Morbi in
In these conditions, we are also ex- the state of Gujarat, which is a small
panding our wings. We are aiming village. These women daily commute
at doubling our capacity by end of from surrounding villages; from the
this year. surrounding villages. For ease of
The Economic Times POLYMERS | August-September 2019

their travelling, we provide them


Please tell us about the company’s transport facility. Consequently, it
manufacturing facility. also ensures their safety.
In 1996, we began our journey with
manufacturing and assembling 250 Please tell us about expansion
pieces a day. In the year 1997, we WE STARTED plan.
moved from a rented place to our WITH MODEST Last year we purchased 4 acre of land
own premise. By 1998 our opera- where we are building a new facility.
PRODUCTION OF 250
tions and production had expanded The construction of our new plant
reaching the capacity of 5,000 pieces PIECES A DAY. IT HAS has begun. With this added facility,
of wall clock, and 10,000 pieces of BEEN A SATISFACTORY we plan to make 25,000 clocks per
alarm clocks with a strong distribu- JOURNEY FROM day by end of 2019. Additionally,
tion spread over India. Today, the THEN TO NOW WITH we plan to expand wall clock move-
production capacity is 10,000 wall PRODUCTION AND ments manufacturing to 70,000.
clocks and 50,000 clock movements MANUFACTURING India needs around 125,000
a day. We export to more than 25 CAPACITY BEING wall clock movements per day. Cur-
countries. INCREASED rently, we have more than 30 per
The company that started with cent share in it. We plan to capture
GRADUALLY.
the employee strength of 10 has now 70–80 market share by 2022.

58
ENTREPRENEUR

Perfect recipe of success!


Ravi Saxena, Managing Director & Co-founder, Wonderchef shares success story of the brand.
By Swati Deshpande

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

I ALWAYS GIVE AN IAS AND HHH MANTRA TO


with this, we have always believed
ALL THE ENTREPRENEURS. IAS SPELLS OUT AS in empowering women by enabling
INTEGRITY ABILITY AND STABILITY. BE HONEST them to create their own business
IN WHAT YOU DO, DEVELOP THE ABILITY AND and cook healthy for their families,
KEEP HONING YOUR SKILLS. ALSO, LEARN TO BE with pride. We are focussing on in-
STABLE DURING THE TOUGH TIMES. tegrating technology in the product
development to develop products as
monotony of the kitchen and has internationally across Australia, per the evolving lifestyles and needs.
helped the brand in creating unique Middle East, Americas and Europe.
value proposition. What advice would you give to to-
What is your vision for Won- day’s young entrepreneurs?
What are Wonderchef ’s expansion derchef? I always give an IAS and HHH
plans? My vision for the company is to be mantra to all the entrepreneurs. IAS
The company plans to clock in 1200 the kitchen expert for our custom- spells out as Integrity Ability and
Cr. in retail sales within the next five ers wherein we provide them with Stability. Be honest in what you do,
years with profitable growth. We do elegant yet simple solutions. We are develop the ability and keep honing
not believe in the cash burn model inspired by global trends to create your skills. Also, learn to be stable
of growth. Most of the profit is rein- beautiful kitchen stories that bring during the tough times.
vested however in marketing, service out the culinary artist in you! The There is HHH mantra which is
infrastructure and hiring the best core belief of the brand is to enable within you that you need to develop.
talent. We have presence throughout everyone to cook tasty meals without Be Humble, Keep your Hunger Alive
India and are also creating the brand any compromise on health. Along and have a sense of Humour.

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

being manufactured in technical try as we progress.”


collaboration of the world leader “First time in India the dem-
in corrugation technology – Uni- onstration was aired on Facebook
cor GmbH Germany. live on 3rd July. Looking for the
The demonstration was inau- response and appreciation received,
gurated by lighting the lamp by this is something we will be adding
Anand Kabra, Managing Director, Kabra Extrusiontech- in technology demonstrations in future,” added Rajesh R
nik Ltd and Klaus Kaufmann, Managing Director, Unicor Sonar, Associate Vice President, Business Development.
GmbH. The major technical feature explained, was able to con-
Anand Kabra says, “The response from visitors was trol water, air and vacuum inputs very precisely which is
indeed overwhelming. We are very excited to see the suc- responsible for forming very good corrugated pipe at high-
cessful end result of our team’s efforts to absorb Unicor’s er output. Kabra ExtrusionTechnik demonstrated 200mm
world class technology. I am delighted that our endeavour ID pipe as per IS 16098 running at 380 Kgs/hr with in
will support Indian industry in big way, bringing world line double layer cuff. Kabra ExtrusionTechnik is offering
class technology from Unicor GmbH Germany at afford- made in India DWC lines from 32mm ID upto 800mm
able prices”. ID which covers an entire pipe size range for Sewerage and
Klaus Kaufmann says, “We are very happy with end Cable Protection Pipe market.
result produced by Kabra ExtrusionTechnik team and I
congratulate the whole team for their commendable job. Source: Kabra ExtrusionTechnik

60
INTERVIEW

Creating a ‘good’ future!


We want to be the best by bringing in massive efficiencies, by controlling the costs and
by staying at the cutting edge of technology so that we can deliver profitable value to our
customers, says Vikram Bhadauria, Managing Director, Alok Masterbatches Pvt. Ltd.

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

together to come up with a sustain-


“YOU NEED TO WORK VERY CLOSELY WITH able solution. Unfortunately, right
THE CUSTOMER, UNDERSTAND HIS PROCESS, now there’s a lot of shouting going
on and that’s why we are not able to
UNDERSTAND HIS MARKET, TO BE ABLE TO GIVE
find the right solution. Everyone is
HIM A CUSTOMISED PRODUCT.” on the defensive; we are not in a col-
laborative mode.
And we are seeing a lot of research- massive factories, you build that Moving away from plastics, ten
ers who come and work with us. workforce, they would have moved years ago obesity became a big is-
This creates a very free and fair flow further! And more importantly, they sue. As a result, regulations made it
of information. At the same time, we are not making too much money necessary for packaged food to pro-
need to protect the IPs because IPs right now. Right? All of the Apple vide its nutritional value and calorie
will be at the heart of the value of products are made in China. China count. Can we also start something
your company. It can also be the dif- gets around 3.7 percent of the profits like this with regards to the footprint
ferentiator for you. of Apple innovation that was done in of plastics packaging? We have spent
The successful projects that we US which takes bulk of the profits. the past 25 years in the field of poly-
have had at ATIC have won Nation- Japan makes 30 percent with the mers and we understand that plastic
al Awards twice; once for the work in circuitry. South Korea takes another is the most sustainable packaging so-
the agriculture sector and secondly bite with its touchscreens. That’s lution All we need to do is connect
for the work in the electrical sec- why innovation is critical. We can- the last bit to get it into the circular
tor for the LEDs. Then recently, we not fight purely based on manufac- economy. The next billion has to be
also got the Golden Peacock award, turing; we need innovation. And if made from plastic waste. Whoever
again, for our work in agriculture you ask me, what will be my number cracks this, will be at the next level!
sector. The latest technology that we one wish from the government, it At Alok Masterbatches, we have
are working on is nanotechnology. I will be ‘encourage innovation and an a two-pronged approach to this is-
believe in the next 10 years, you will innovative ecosystem in India’! sue. One is about bio-polymers. But
see a lot of movement in bio-materi- these are expensive. I don’t think
als and nanotechnology. The adverse impact of plastics for a country like India they will be
And when you talk innovation, waste on our ecosystem has created very feasible. The other more fea-
from a company level, let me move a negative image for the plastics in- sible option is to ask what you can
to a country level. Your biggest com- dustry. What is the industry doing do to make plastic recyclable or bio-
petition right now in manufacturing on this front? degradable. So, we have biodegrad-
is China. There is no point for us to Yes, right now there is a lot of noise able solutions and we have also been
take the Chinese manufacturers head and it has created huge confusion. working on making non-recyclable
on. You cannot. By the time you The three stakeholders; society, gov- plastics recyclable! The Economic Times POLYMERS | August-September 2019
build the infrastructure, you build ernment and industry have to work Traditionally, when you think
of recycling of plastic, you think of
Focus on recycling taking the value of hundred and con-
verting it into a product with a value
The Re-New series of masterbatches have been developed by Alok of 25; that’s downcycling. What we
Masterbatches for the recycling industry. Re-New series consists of are aiming is to upcycle it and get at
the following three solutions: least a value of 90 out of it. For that,
we have a lot of new products like
Re-Bond Masterbatch compatibilizes various polymers in the waste Renex and Renew.
stream that otherwise would have given a poor quality of recyclate.
Re-Fresh Masterbatch is an odour control additive that instead of What is Vikram’s personal vision?
masking foul odour, chemically neutralizes the odour. It helps keep At a micro level, my vision, as I told
the shopfloor and surrounding areas healthy as well as opens a you is I don’t look to be the biggest
wider range of post process applications where the recyclates can but to be the best. At the macro
be sold into. level, in my lifetime, I want to see
Re-Nex Masterbatch helps partially restore the physical structure of my country as a global superpower.
the polymers that gets degraded due to repeated process cycles. And the way to do it is to increase
exports!

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

plastics will continue to play a key


THE GOVERNMENT HAS SHOWN ITS EAGERNESS role in the innovation of new tech-
IN EARLY ADOPTION OF EV’S AND HAVE nology in the industry. These materi-
LAUNCHED PROMOTIONAL SCHEMES LIKE als will support the engineers to take
FAME II. THEY HAVE REDUCED THE GST TO the performance of a vehicle to the
5%. HOWEVER, THE INFRASTRUCTURE FOR next level.
ADOPTION OF EV’S REMAIN A CHALLENGE IN
How do you look at the emergence
INDIA. of e-vehicles? How do you look at
e-vehicles’ future in India?
reducing the weight of the compo- like zero water discharge outside the Electric vehicles (EVs) is the latest
nents manufactured by it. plant and use of recyclable packag- buzz word which is doing the rounds
ing. Many companies are focusing in the entire country. EV’s comprise
Also, there is an increasing trend on reduction of single use plastics of a host of vehicles including CVs,
towards going green in the auto- like water bottles from their opera- Buses, PVs as well as Two and Three
motive industry. How do you look tions. The industry also focuses on wheelers.
at it? minimizing the use of conflict min- The government has shown its
In today’s world, everyone is aware erals. The focus for the industry is eagerness in early adoption of EV’s
about the concerns of the deterio- to ensure a sustainable environment and have launched promotional
rating Environment conditions and around the activities done using a schemes like FAME II. They have re-
everyone is doing their bit to main- 3R approach (Reduce, Reuse and duced the GST to 5%. However, the
tain the ecology and minimize their Recycle) infrastructure for adoption of EV’s
impact over the Environment. The remain a challenge in India. We still
vehicular emission is reducing with Plastics as a material plays an im- have to wait and watch the evolution
the implementation of new emission portant role in the automotive in- of technology in order for EV’s adop-
norms. As an industry, the OEM’s as dustry. How do you look at it? tion across all product segments. As
well as the component suppliers are Use of engineering plastics have of now, it seems fragmented. While
doing their bit to reduce the impact played a key role in light weighting adoption of EV’s looks favorable in
of their respective operations on the of a vehicle. They also provide flex- the public transportation space and
Environment. The reduction of car- ibility in making the desired shape point to point services, their adop-
bon footprint by reducing the energy due to their properties of flexibility tion for private use may still be a few
consumption as well as use of alter- as well as rigidity. These materials are years away. Various companies are
nate green power is one of the major strong and are durable due to their working tirelessly to develop tech-
focus of the entire industry. Apart resistance to chemicals and harsh en- nologies that will make EV’s more
from that, there are many initiatives vironment conditions. Engineering affordable going forward. The Economic Times POLYMERS | August-September 2019

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

A Never Before Showcase


Rajoo Engineers’s booth at K 2019 will demonstrate live machines and a host of software
utilities — all to be unveiled in Düsseldorf.

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

Creating experience to explore big issues


A collaborative approach is the way forward

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

M ilacron Holdings Corp. plans to display key tech-


nologies at K 2019. The company will be displaying
its Advanced Plastics Processing Technologies (APPT) fea-
DURA+
The ideal hot runner system for consistent, high-quality
production of automotive lens components that demand
turing Milacron & Ferromatik product branded injection, exceptional clarity. Engineered to perform with today’s
& extrusion offerings, as well as Milacron’s Melt Delivery challenging resins, it is compatible with corrosive resins
& Control Systems (MDCS). Displays will feature Mila- such as PC, PC-ABS & PMMA. Dura+ remains the clear-
cron’s product brands: Mold-Masters, DME, TIRAD, and est choice for automotive lens molding applications.
CIMCOOL in Hall 1, Booth C05. Amongst others, the
company plans to showcase ollowing products: ThinPAK-Series
Introducing the industry’s newest hot runner system spe-
Old-Masters Hot Runners cifically engineered for producing exceptionally high-qual-
A completely pre-assembled & pre-wired system that al- ity thin wall packaging products & offering a wide process
lows for quick and easy one-step drop-in installation & window. Incorporating new MasterSHIELD Technology,
connection. Ensures the mold is back into production as ThinPAK-Series has strength & durability to mold with
quickly as possible. Focused on high-quality economical reliability in high-pressure applications up to 2,800 Bar.
production of medium to large parts, it is the ideal system Also, it is compatible with all common packaging resins.
for automotive, appliance, logistic, etc. applications. Source: Milacron Holdings Corp

67
K SPECIAL

Addressing the needs of new mobility,


urbanization & digitalization
modern recycling facilities.

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

Röchling Automotive opens new plant in Slovakia

W ith a formal ceremony, Röch-


ling Automotive has celebrat-
ed the opening of its new production
“Opening the plant in Kočovce
is a major strategic step allowing us
to assist our customers by means of
provides capacities for a production
area, a warehouse, technical areas
and office space. Also, the premises
plant in Kočovce in Slovakia close to local production. The closer we are with their area of 50,000 square me-
Nové Mesto nad Váhom. With the to our customers, the better we can ters in all present the option of future
new plant, the company serves the support them,” says Prof. Dr. Hanns- extension. “Production in the new
increased demand for its technolo- Peter Knaebel, CEO of Röchling plant mainly focuses on the circulat-
gies while continuing to expand its Automotive. “Besides, expanding ing capital (“work in progress”, WIP
storage and production capacities. our capacities puts us in a position to parts) for other Röchling Automo-
The approximately 80 highly quali- divide up our activities between our tive production plants. In addition,
fied employees at the site will soon Czech and Slovak plant with the aim the site was cleverly chosen from a
be producing Active Grille Shutters, of optimizing the processes.” strategic point of view as Daimler,
underbody panels, wheel arch liners Construction of the new plant Jaguar Land Rover and PSA have
and air filters for the global automo- began in October 2017 and the work plants in Hungary or Slovakia,” says
tive manufacturers Daimler, Jaguar has been finished since July 2018. A Vladimír Lopušniak, plant manager
Land Rover and PSA. total area of 10,000 square meters in Nové Mesto nad Váhom.

Honda Aircraft breaks ground Ion Exchange invests


for new facility Rs. 300 mn in R&D Centre
I on Exchange (India) Limited has announced the
launch of its new Research & Development Centre
at Patancheru in Telangana. The centre will focus on the
company’s Chemicals, Resins and Membranes business.
It will also provide technical and scientific support to the
company’s existing technology and engineering segments
for designing new processes and products.
With an investment of around INR 300 million,
the R&D Centre will develop new resins, membranes,
polymers and speciality chemical technologies related
to water, waste water treatment, process separation and

R ecently, Honda Aircraft Company celebrated its most


recent expansion in a groundbreaking. The new facility
will allow for more HondaJet Elite wings to be assembled The Economic Times POLYMERS | August-September 2019
concurrently, resulting in a major increase in production ef-
ficiency. This expansion will also add additional storage for
service parts for the growing fleet of HondaJets around the
globe.
Expected to be completed by July 2020, the latest expan-
sion is a $15.5 million investment in an 83,000-square-foot
facility on Honda Aircraft’s 133+ acre campus in Greens- purification, speciality process application and catalysis.
boro. This will bring the company’s total capital investment The microbiology lab within the centre will lay emphasis
in its North Carolina facilities to more than $245 million. on enzyme research and application specifically for the
The ceremony’s attendees included members of local, textile and food & beverage industry.
state and federal government officials, prominent commu- Many of these products will be import substitutes
nity figures and leaders in the aviation industry. During with very large potential for enhancing the company’s
the event, remarks were made by Governor Roy Cooper exports.
(D-NC), Executive Director of the Piedmont Triad Air- This state-of-the-art R&D centre is spread over
port Authority Kevin Baker and Honda Aircraft Company 24,000 sq ft and certified by the Department of Scien-
president and CEO Michimasa Fujino. The celebration also tific and Industrial Research (DSIR). It includes latest
featured a HondaJet Elite flyover in the skies above the com- analytical instruments and is manned by a team of highly
pany’s future additional production site. qualified and experienced researchers.

69
AUTOMOTIVE

Where is plastic currently incorporated into cars?


As the mobility has evolved- From horses to horsepower, carts to cars, manual gear shift
to automatic transmission. In the future plastics will play a major role in the automotive
industry. Here is how.
Here’s how the polymer
Industry is currently
trending
• Industry CAGR continues to
trend at 10.5% (volume) and
11% (value) growth till 2020
• India is set to increase plastic
consumption from 12 million
TPA to 22 million TPA by
2020, a lot of it coming from
the packaging, agriculture, infra-
structure, and automotive sector
• Engineering plastics in India is
soaring at 13% CAGR till 2020.
• Currently, at a sheer per capita
consumption amount of 11kg
per annum, which strikes as an

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.

How does the Automotive


GROWING INDUSTRIALIZATION, HUGE Industry look?
PRESENCE OF AUTOMOBILE MANUFACTURERS • The automotive industry is con-
& EMERGENCE OF THE COUNTRY IN THE tributing 7% to India’s GDP
INTERNATIONAL FMCG MARKET AS A with aspirations to reach 12%
HUB FOR SOURCING COST-COMPETITIVE • India is 4th largest Industry in
PRODUCTS OWING TO LOW-PRODUCTION the world
COSTS ARE EXPECTED TO DRIVE DEMAND FOR • The industry recorded a produc-
tion of 29.08 million vehicles
ENGINEERING PLASTICS IN INDIA. in FY18 and is growing at 14%

70
AUTOMOTIVE

lines that can be used by design


Where is plastic currently incorporated into cars? engineers
6. Enhance ways materials, com-
Improvement in design and weight reduction along with strict ponents & systems are manu-
emission controls will drive demand for plastics in automobiles. factured & built-in to the au-
Ambitions of electric vehicles and establishing India as a tomobile. This can improve
manufacturing hub, the automotive industry has a very bright and functionality & appearance of
significantly potential future. the vehicle through span of its
life.
7. Improve coordination across the
year on year. poses challenges to incorporate plas- supply chain and develop the
• Passenger vehicles sales crossed tic into various automobile parts. skills of the workforce to help
3.2 million mark in FY18, ex- Such challenges could be: accelerate the innovation of plas-
pected to increase to 10 million 1. Processing techniques tic in the automotive industry.
units in 2020. 2. Issues with mechanical and oth- But what is vital for such a strat-
• The government has set its road- er properties of plastics egy to succeed is continuous sup-
map to adopt more EVs & to 3. Environmental regulatory port between the polymer & plastic
develop India as a manufactur- frameworks industry and OEMs & suppliers in
ing hub. 4. Material substitution the automotive industry as well as its
• The government aims to make 5. Recycling supply chain, not only that but also
India a leader in the 4-wheeler institutions and educational facilities
and 2-wheeler market. What can Automobile need to advocate training classes for
Plastics are gradually becoming manufacturers do? plastic and polymer composites.
the material of choice for exten- OEMs & suppliers need to come
sive usage due to their unique and together & commence initiatives & Advantages that plastics
diverse set of properties. With the plans that can detail out material offer to the automakers
government policies and initiatives development & implementation in Injection molding and extrusion
stressing on manufacturing in the automobiles supports plastic design flexibility, al-
country, competitive rivalry in the 1. Innovate incorporation of plas- lowing shapes that simply cannot be
sector is bound to grow considerably. tics & polymers in various auto- achieved in metal.
motive applications to arrive at 1. Plastics are dent resistant, an im-
Faced with a challenge market acceptance. portant attribute for many ap-
Environmental concerns & safety 2. Create a cost-benefit model of plications traditionally reserved
requirements are two pivotal issues plastic and polymer composites for metal.
facing the automotive industry. while comparing it with alterna- 2. Plastics are also corrosion-resist- The Economic Times POLYMERS | August-September 2019
With tight emission standards & tive materials. ant, an increasingly important
stringent regulations, automobile 3. Enable OEMs and Tier suppli- customer demand.
OEMs are compelled to seek alter- ers to establish standard material Ravago Shah Polymers has im-
native methods of vehicular weight properties that are feasible for mense experience with Automotive
reduction in order to improve ef- automotive application and run customers and has developed the ad-
ficiency. The rising prices of iron it through a simulation model. vantages to stay ahead in the market
and steel coupled with the enhanced These simulation models should such as:
durability and strength of automo- be for specific systems within 1. Mass-weight reduction that
tive plastic are driving factors to en- the vehicle. Parties need to select lengthens vehicular mileage.
gineer advanced automotive plastic plastic and polymer materials 2. Low-cost manufacturing to offer
into automobiles that can reduce that have the necessary perfor- cost-effective solutions.
overall weight and thereby augment mance capabilities. 3. Component integration; replac-
fuel economy. 4. Develop practical techniques of ing multiple metal pieces with
Properties of plastics & poly- joining plastic & polymer com- one plastic piece.
mer composites work well to satisfy posites into similar or dissimilar 4. Improved flexibility for desired
auto manufacturers’ needs & can be materials & study repair & dis- design.
a game-changing solution to light- assembly
weighting vehicles, yet the industry 5. Create design models & guide- Source: Ravago Shah Polymers Pvt Ltd

71
FINANCE

Uflex reports steady Akzo Nobel India profit at


performance in Q1 Rs.89 crore, up 35%
U flex Ltd declared its earnings for the quarter ended
June 30, 2019 and reported. The Consolidated Rev-
enue grew by 3.6% to INR 1982 cr in Q1 and EBITDA
R ecently, the Board of Directors of Akzo Nobel India
Limited approved the unaudited financial results for
the quarter ended June 30, 2019. Rajiv Rajgopal, Managing
rose by 8.7% to INR 277.3 cr Y-o-Y. On standalone basis, Director, AkzoNobel India: “The company continues to:
the revenue increased by 2.23% to INR 1051 crore and • focus on delivering consistent profit growth through
EBITDA jumped by 11.7% to INR 132.6 crore. The con- improved product mix and cost control;
solidated net profit dropped by 3.6% Y-o-Y to 90.7 crore • see growth in decorative paints and protective coat-
for Q1 FY2019-20, due to higher tax provision. ings. However, slowdown in automotive industry and
Talking about it, Rajesh Bhatia, Group CFO, Uflex Ltd other industrial segments has impacted the overall rev-
said, “This quarter while our Total Production volume was enue growth; and
almost constant at 100814 MT Y-o-Y basis, Packaging pro- • make progress in its CSR/ Sustainability agenda across
duction volume was up by 4.8% Y-o-Y to 21018 MT.” He painter training, education, road safety and healthcare
added, “To optimally use our film line capacity, we are shift- programmes.”
ing one of our BOPET film manufacturing line from UAE AkzoNobel India set up e-Health clinics in Bengaluru,
to Russia, since the production from this line was already benefiting over 1,500 people from economically weaker
largely dedicated to markets in Russia & CIS countries. This sections of society, recognized by the company’s global
will enable us to serve customers locally apart from substan- “Winning Together Awards”. In addition, AkzoNobel In-
tial cost saving of freight, energy and import duties.” dia has also been awarded the prestigious Golden Globe
Ashok Chaturvedi, CMD, Uflex Ltd said, “Uflex has Tigers award for skill development initiatives.
progressed exponentially in the last few years with its prod-
ucts, technological and engineering capabilities, keeping
in mind the evolving needs of the packaging indus-
try, along with environmental needs. We have
been striving hard and making all possible
efforts to provide our customers with inno-
vative and sustainable packaging solutions
that are also economical.”

Hero MotoCorp reports Greaves Cotton reports 4%


revenue of Rs. 8030 Cr in Q1 growth in revenue
H ero MotoCorp recently reported its financial perfor-
mance for the first quarter (April-June 2019) of the
financial year 2020. The Company’s Revenue from Opera-
G reaves Cotton Limited, one of India’s leading engi-
neering companies, reported a 4% growth in Revenue
for Q1FY20 at Rs.477 crore as against Rs. 458 crore in
The Economic Times POLYMERS | August-September 2019

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

Cleaning agent safely locked


Learn more about innovative students’ projects

D etergents in the home pose a


real danger to many toddlers.
Therefore, a team of seven students
The actuator is attached to a pin. By
turning the lever the pin mounted
with an iglidur plain bearing engages
of TU Darmstadt, supported by and prevents an unauthorised open-
igus, has now developed a child ing. “We approached the young en-
safety lock for cleaning agent bottles. gineers support from igus with our
The device is simply screwed onto project because we were looking for
the bottle. Access is ensured via an a bearing that has a low coefficient
app. An iglidur plain bearing from of friction and that is resistant to ac-
igus ensures the lubrication-free and ids and alcohol,” explains Ida Blum
reliable locking mechanism in the from the development team of the
child safety lock. The idea also con- EMKindersicherung. “In addition,
vinced the jury at the Cosima com- the bearing must withstand temper-
petition, a student competition for atures of up to 125 degrees Celsius
microsystems, where the team took due to the heating of the actuator.
second place. That’s why we chose iglidur A350.”
The 94,000 calls made to the The plain bearing material is UV-
Poison Information Centre for burns between humans and technology in resistant and also suitable for use in
and intoxications of children every everyday life. The Darmstadt team medical technology as well as in the
year show that household cleaners secured second place with its child food and packaging industry.
constitute a real threat. To prevent safety device.
these accidents, seven students of Promoting innovative
the TU Darmstadt at the Faculty of iglidur plain bearing en- projects
Electrical and Information Technol- sures secure access Innovative projects such as EM-
ogy have developed the EMKinder- The students’ child safety device is Kindersicherung are supported by
sicherung. The device allows person- 3D printed for the most part and igus as part of the “young engineers
alised access to household chemicals consists of a housing which is placed support” programme. The initiative
via a smartphone app. The idea and over the lid of the cleaning agent supports young pupils, students and
implementation of the project not bottle and engages with cover plate inventors in the development and
only convinced the young engineers under the plastic ring of the bottle. execution of their technical projects.
support (yes) of igus, which pro- Using a lever the cover plate can be
motes innovative technical projects moved manually and the device can For more information, contact:
of students, but also the jury of the be secured. The closing mechanism Nitin Prakash
2017 Cosima Competition. The stu- consists of an electrothermal actua- Product Manager - iglidur®
dent competition in the field of mi- tor. Its current feed heats and de- igus (India) Private Limited The Economic Times POLYMERS | August-September 2019
crosystems technology awards appli- forms so that the safety device opens nitin@igus.in
cations that improve the interaction and can be removed from the bottle. www.igus.eu/yes.

Handling multi-component materials


D OPAG India’s Vectomix is used to
handle multi-component materials.
It can process material either by shot dis-
industries like automotive, electrical and
electronic, renewable energy, white goods
and many more.
pensing or by continuous flow. They can With eleven subsidiaries and plenti-
be connected by simply using a mixing ful distributors worldwide, our customers
block onto the outlet of which a dispos- have access to the DOPAG network in
able plastic mixer is mounted. The use of more than 40 countries, enjoying the full
a hose package with a decentralized mix- benefit of excellent local sales and services.
ing system is also possible. These modern
metering systems can be used in any in- For more details, contact:
dustry where materials need to be applied DOPAG India Pvt Ltd, Bangalore
in a high precision and repeatable way in Email: sales@dopag.in

73

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