Chemical Industry Digest – January 2025 Issue

Advertisement

Chemingineering – Drilling Deep Chemical Industry Digest January 2025

– K Sahasranaman, Independent Consultant

Geothermal energy, sourced from Earth’s natural heat, offers a reliable, low-carbon solution for power generation. Despite challenges like high costs and exploration uncertainty, it holds significant potential for global sustainability.

CEO’s Forum

– Siddhartha Ghoshal, CEO and Country President,  Dow India;

– Namitesh Roy Choudhury, Vice Chairman and Managing Director, LANXESS India

CEOs of two leading companies share their reflections on 2024 and expectations from 2025.

Interview

–  Ron Beck, Senior Solution Marketing Director, Aspen Technology, Inc. USA

Ron Beck clearly explains the immense potential of Industrial AI and how it is revolutionizing the chemical and energy industries. By leveraging AI-driven technologies, these sectors can enhance efficiency, optimize processes, and drive sustainable innovation.

Decarbonization Technologies for the Chemical Industry: Transforming for a Sustainable

–  Luciano Narcisi, Research Director, ARC Advisory Group Europe

The chemical industry is adopting decarbonization technologies like energy efficiency, carbon capture, alternative feedstocks, and process optimization to reduce emissions and stay competitive. These innovations help achieve sustainability targets, with solution providers playing a key role in supporting the transition.

Renewable Feedstocks for Sustainable Chemical Manufacturing: Recent Trends

–  Dr. Madhu Gopal, Independent Consultant

The article explores sustainable feedstocks, particularly biomass and CO2, for reducing greenhouse gas emissions in chemical manufacturing. It examines historical and modern conversion technologies for transforming lignocellulosic biomass into energy and platform chemicals, highlighting key challenges and evaluation criteria for industrial adoption.

Chemical Processing Industries: Net Zero by 2050 – How to Achieve it

– MP Sukumaran Nair, Director, Centre for Green Technology and Management

Achieving net-zero in chemical processing by 2050 requires a shift to renewable feedstocks, innovative processes, electrification, and enhanced recycling. Carbon circularity can be improved through biomass, CCU, and waste utilization, supported by strong policy measures and new low-carbon technologies.

Key Challenges in Chemical Industry Productivity

– V. Raju, i3pl india(p) Ltd

The chemical industry faces challenges like fluctuating raw material costs, supply chain disruptions, regulatory compliance, and safety concerns. Overcoming these requires digital transformation, sustainability, innovation, and efficient resource management to enhance productivity, ensure safety, and maintain competitiveness in a rapidly evolving market.

How Renewable Manufacturing Resources are Transforming the Chemical Industry

– Vishal Sharma, CEO, Godrej Industries Chemicals

Renewable manufacturing resources can revolutionize the chemicals industry by reducing carbon emissions, integrating ESG principles, and fostering collaboration. Key strategies include using renewable feedstocks and energy, embedding sustainability into core business models, and engaging stakeholders to drive innovation and sector-wide decarbonization.

How Industry 4.0 is Driving Efficiency and Innovation in India and Beyond

– Dr. Rahul Misra, Sr. Director, Lubrizol Additives Technology India, Middle East and Africa (IMEA)

Industry 4.0 technologies like AI, machine learning, and IoT are driving innovation, thereby enhancing sustainability, efficiency, and global competitiveness. Strategic investments, workforce upskilling, and technological adoption will position India as a leader in industrial transformation and sustainable practices.

Cybersecurity in the Industry 4.0 Era

– Ruchin Kumar, Vice President, South Asia, Futurex

Industry 4.0 and IoT are transforming the chemical industry by enhancing efficiency, innovation, and sustainability. The article highlights cybersecurity’s critical role in ensuring secure digital transformation, protecting data, and enabling resilient, future-ready operations in an increasingly connected industrial landscape

Sustainability 2.0: Circular Beauty – Upcycled Ingredients in Personal Care Products

– Anjani Menon, Lead Analyst, Beroe Inc.

The rise of upcycled ingredients in personal care is transforming food and beverage waste into sustainable beauty products. It highlights benefits, challenges, and industry adoption while urging brands to embrace circular beauty for environmental and economic advantages.

How Dearth of R&D and Innovation can make the Ongoing Tough for Chemical Companies

–  Dr. Richard Lobo, Tata Chemicals

The challenges faced by the Indian chemical industry due to regulatory, ESG, market, and geopolitical factors are highlighted. The author emphasizes the need for R&D, collaboration, talent development, and localized solutions to drive sustainable growth and innovation in the sector.

India’s Specialty Chemicals Sector: Rising Global Aspirations Amid Challenges

–  Dr. Kamlesh Pai Fondekar, Head – Research and Development, Godrej Agrovet Ltd

India’s specialty chemicals sector is poised for growth, fuelled by global shifts, government support, and rising domestic demand. However, challenges like raw material dependence and logistics must be addressed, while scaling operations and strategic acquisitions are key to achieving global leadership.