DCM Shriram Signs MoU with ICT, Mumbai for R&D Collaboration

(L-R): Prof. A B Pandit, Vice Chancellor, ICT Mumbai and Dr Debabrata Rautaray, Chief Product Development and Innovation Officer, DCM Shriram Chemicals. Image source: Company press release

DCM Shriram Ltd, India’s second largest Chlor Alkali manufacturer, signed a Memorandum of Understanding with the prestigious Institute of Chemical Technology (ICT), Mumbai. This strategic collaboration aims to advance research and development (R&D) in the chemical industry, leveraging ICT Mumbai’s academic prowess and DCM Shriram’s industrial expertise.

The MoU was signed by Prof. Aniruddha Pandit, Vice Chancellor of ICT Mumbai, and Dr. Debabrata Rautaray, Chief Product Development and Innovation Officer of DCM Shriram Chemicals.

“Partnering with ICT Mumbai aligns with our commitment to pioneering cutting-edge solutions and enhancing our product development capabilities. We are confident that this synergy will yield significant advancements towards delivering sustainable solutions to our customers”, said Sabaleel Nandy, Executive Director and CEO, DCM Shriram Chemicals.

As per the press release, the collaboration will see ICT Mumbai undertake specialized R&D projects tailored to DCM Shriram Chemicals objectives. The identified areas are chemicals engineering and processing; Epoxy polymers and composites; Water treatment chemicals and, bio and sustainable materials.

Projects will be conducted under the supervision of designated experts from ICT, ensuring high standards of academic and research rigor. DCM Shriram Ltd will work closely with ICT to align project goals and timelines, facilitating a seamless integration of research outcomes into practical applications.

Prof. Pandit said, “We are very happy to have signed this mutually beneficial MoU with DCM Shriram. Their industrial expertise in the sector will allow the ICT faculty and scientists to identify relevant research areas and will enable them to carry out translational research. Our graduating students will also develop a familiarity with the operations of DCM Shriram as a future career option”.