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GAIL Bags Ten Year LNG Supply Agreement with ADNOC Gas

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GAIL (India) Ltd announced a landmark agreement to purchase up to 0.52 million tons per annum of liquefied natural gas (LNG) from ADNOC Gas, beginning in 2026. The deal marks the first sales and purchase agreement (SPA) between ADNOC Gas and an Indian buyer.

Details of the Agreement

The LNG will be delivered in six cargoes per year from ADNOC Gas’ Das Island natural gas facility, which boasts an LNG processing capacity of 6 million tonnes per annum.

Das Island is one of the longest-established LNG plants still in operation globally, underscoring the reliability of the supply.

Rising LNG Demand

Sanjay Kumar, Director of Marketing at GAIL, emphasized the growing demand for LNG in India across diverse sectors.

He stated, “India’s increasing natural gas requirements are driving our need for more LNG. This agreement with ADNOC Gas is a pivotal step in expanding GAIL’s LNG portfolio and strengthening our ability to serve a broader consumer base”.

Strategic Positioning

Rashid Khalfan Al Mazrouei, Senior Vice President of Marketing at ADNOC Gas, highlighted that the agreement reinforces ADNOC Gas’ position as a reliable global supplier.

He added, “This deal reflects our ambition to capture future growth opportunities in gas demand, particularly in India, a key energy market”.

Global LNG Demand

Experts expect global LNG demand to rise by fifteen percent over the next decade. Industrial coal-to-gas switching in China and increased LNG use for power generation in Southern and Southeast Asia drive this growth.

ADNOC Gas aims to capitalize on this growth by more than doubling its LNG production capacity to meet the demand for lower-carbon energy products.

Growing LNG Imports

India, currently the fourth-largest importer of LNG globally, is preparing to increase its LNG imports further.

The country is targeting a rise in the share of natural gas in its primary energy mix to 15% by 2030, up from 6% today.

India’s LNG regasification infrastructure has expanded significantly. Its capacity has nearly doubled since 2014.

As reported by theweek.in, GAIL and ADNOC Gas have reached a strategic agreement. This highlights the growing collaboration between Indian and global energy companies. This will play a key role in meeting India’s future energy needs.

revalyu Resources Launches Second Recycling Plant at Nashik

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revalyu Resources has announced a $100 million investment to increase the production capacity of its Nashik, India site to 280 tons per day (tpd).

The expansion solidifies its position as the world’s largest PET plastic recycling site, capable of processing approximately 35 million used PET bottles daily once fully operational.

Three Advanced Recycling Plants

The Nashik facility comprises three independent recycling plants:

*Two plants with a capacity of 120 tpd each, producing 100% recycled PET chips. The first plant is already operational, while the second will commence operations in Q3 2025.

*A 40 tpd plant that specializes in producing 100% recycled specialty chips and textile yarns.

These plants utilize cutting-edge glycolysis-based recycling technology, which reduces water usage by 75% and energy consumption by 91% compared to traditional PET production methods.

Scaling Recycling Capacity

With the commissioning of the second recycling plant, the Nashik facility now processes over 20 million used PET bottles daily to produce 160 tpd of high-quality recycled PET chips and polymers. These materials are being used across various industries, including packaging, textiles, and automotive.

The third plant, financed as part of the $100 million investment, is under construction and will add an additional 120 tpd capacity by late 2025.

This expansion will enable the facility to recycle approximately 35 million PET bottles daily, further supporting customers’ sustainability goals.

Innovative Recycling Technology

revalyu’s glycolysis-based technology delivers virgin-grade PET polymer with a significantly lower environmental footprint.

The process is optimized, scalable, and highly replicable, setting new benchmarks for profitability and sustainability in PET recycling.

Leadership Insights

Dr. Vivek Tandon, Founder, revalyu Group stated, “This is a revolutionary moment for the PET plastic recycling industry. Finally, the world has a commercially proven, scalable, and sustainable technology to reverse-engineer PET plastic into virgin-grade quality polymer. This innovation benefits our planet and future generations”.

Managing Director Jan van Kisfeld added, “Our technology demonstrates that PET can be recycled continuously, creating a sustainable cycle. This new plant proves that our process is not only commercially viable but also eco-friendly. We’re helping customers meet their sustainability targets with 100% recycled polymers that match the quality of conventional PET”.

Future Growth Plans

Makarand Kulkarni, CEO, revalyu India added, “Our Nashik site represents our leadership in the global PET recycling landscape. This game-changing technology is scalable, giving our customers a competitive edge. We are actively exploring collaborations to expand our footprint globally”.

revalyu is planning to establish a 240 tpd PET recycling facility in the United States by 2027.

The company aims to expand its global capacity to over 1,000 tpd by 2030 through strategic partnerships and innovations.

Driving Plastic Circularity

revalyu Resources is redefining PET recycling with advanced, sustainable solutions that align with industry needs and environmental goals.

As per the press release, the brands global expansion and commitment to innovation position it at the forefront of the circular economy for plastics.

Jakson Pioneers Carbon Dioxide to Methanol Conversion Technology for NTPC Limited

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Jakson Green, a player in energy transition solutions, has reached a significant breakthrough in partnership with NTPC.

Together, they have successfully synthesized methanol from captured carbon dioxide at NTPC’s Vindhyachal Thermal Power Plant in Madhya Pradesh, India.

Conceptualized and developed by NTPC’s R&D division, NETRA (NTPC Energy Technology Research Alliance), the state-of-the-art facility captures CO2 directly from flue gas emissions.

The captured CO2 is then converted into methanol, a cleaner and versatile fuel suitable for applications such as power generation and transportation.

A New Era in Green Energy

Bikesh Ogra, CEO and Managing Director of Jakson Green Private Limited stated, “We are happy to partner with NTPC in bringing this transformative project to life. It marks the first instance of producing methanol from captured carbon and stands as the inaugural commissioned project in the Indian green molecule space. This achievement underscores our commitment to advancing sustainable innovations in the new energy sector”.

E.K.S Sreekumar, Head of Strategy at Jakson Green noted, “As the EPC contractor, we are honoured to have led the engineering, procurement, and construction of this landmark project. This first-of-its-kind endeavour has provided invaluable learning experiences for our team. It empowers us to tackle future challenges and deliver innovative solutions”.

Transforming Global Energy Standards

The pioneering project sets a new benchmark for the global energy industry. It demonstrates the immense potential of carbon capture and utilization technologies.

Jakson Green continues to lead the way in new energy solutions, executing six major power-to-X projects. It includes two additional collaborations with NTPC.

Expanding the Green Frontier

Jakson Green is spearheading India’s first green hydrogen refuelling station for urban mobility. It is also leading the development of the world’s first CO2-to-4G ethanol plant.

These initiatives reflect the company’s unwavering dedication to innovation and sustainability.

As per the press release, Jakson Green is working alongside NTPC on transformative projects. This partnership reinforces Jakson Green’s commitment to shaping a sustainable future. It also paves the way for groundbreaking advancements in energy transition.

Murugappa Group to Acquire Germany’s Hubergroup

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The Murugappa Group has entered into an agreement to acquire the German specialty chemicals company Hubergroup for an enterprise value of $310 million.

The acquisition will expand Murugappa’s presence in the global print and packaging sector, strengthening its foothold in a competitive industry.

Details of the Deal

Murugappa, in partnership with Avenue Capital Group, will acquire full ownership of Hubergroup from Cornelius Treuhand Holding.

The deal involves refinancing Hubergroup’s $160 million debt and a $150 million equity infusion from Murugappa, along with additional working capital.

Challenges and Delays

The acquisition faced delays due to legal issues in Germany. Initially planned for early 2024, the transaction was postponed, with lenders extending the repayment deadline to December 2024.

In the interim, lenders appointed a trustee and management consultant to oversee refinancing efforts and explore strategic equity investors to replace MHM Holding GmbH’s debt.

Market Presence

Hubergroup India dominates the Indian printing industry, holding a 30% market share and catering to leading print media houses, packaging firms, and FMCG clients.

Established in 1991 by the Bilakhia Group, the company became a subsidiary of Germany’s Hubergroup, which achieved near-total ownership in 2023.

Hubergroup India manufactures essential ink components such as adhesives, resins, and pigments at its facilities in Vapi, Daman, and Silvassa.

Around half of its products serve the Indian market, with the remainder exported globally to regions including the US, Australia, and Thailand.

Strategic Expansion

The Murugappa Group, a diversified Indian conglomerate, has interests spanning agriculture, engineering, and financial services.

Its portfolio includes listed entities such as CG Power & Industrial Solutions, Cholamandalam Financial Holdings, and Tube Investments of India.

As reported by etnownews.com, with this acquisition, Murugappa aims to strengthen its global operations. The focus is particularly on the high-growth print and packaging segment. The company plans to leverage Hubergroup’s established market presence and production capabilities.

Ecovyst Introduces AlphaCat® Advanced Silicas for Biocatalysis Solutions

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Ecovyst Inc., a global player in advanced materials, specialty catalysts, and services, introduced AlphaCat® advanced silica products, designed to drive the progress of biocatalysis.

Following strategic investments to enhance its research and testing infrastructure at its Conshohocken, PA, R&D center, Ecovyst has developed a portfolio of cutting-edge silica-based solutions.

The company offers products as functionalized silica supports, enabling customers to immobilize enzymes, and as biocatalysts, with enzymes already immobilized on the silica.

Pioneering R&D and Testing Capabilities

Paul Whittleston is the President of Ecovyst’s Advanced Materials & Catalysts Business. He highlighted, “Our team has created a unique advanced silicas testing kit. This kit enables biocatalysis customers to evaluate various silicas with distinct functionalities.” This helps them quantify the benefits of immobilized enzymes”.

The company successfully scaled up manufacturing and quality processes for silica functionalization. It also achieved the same for enzyme immobilization at its Kansas City, Kansas, site.

These developments ensure Ecovyst can offer robust and scalable solutions to its customers.

Driving Growth in Emerging Applications

Dr. Yatao Hu, Senior Director for Advanced Silicas emphasized, “Collaborating with customers to create tailored solutions is our strength. Immobilized enzyme-driven biocatalysis is rapidly gaining traction across industries such as food, fuels, and chemicals. Its advantages include specificity, energy efficiency, a low hazard profile, and cost-effectiveness.

Expanded Expertise

Ecovyst is well-positioned to support customers in developing innovative enzyme-based processes, thanks to its enhanced laboratory and production capabilities.

“We look forward to partnering with more clients to address their unique challenges,” Dr. Hu said. “This will help drive growth in this exciting field.”

As per the press release, Ecovyst’s commitment to advancing biocatalysis underscores its dedication to delivering cutting-edge solutions. It empowers industries to innovate sustainably and efficiently.

Attero Secures ISO 14064 Certification for Greenhouse Gas Emissions Verification

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Attero, one of India’s largest cleantech company and one of the world’s top recycler of lithium-ion batteries, has achieved the prestigious ISO 14064 certification for Greenhouse Gas (GHG) Emissions Verification.

The milestone underscores Attero’s position as a leader in verified and transparent carbon footprint management.

ISO 14064 is an internationally recognized standard that validates an organization’s GHG emissions data through rigorous calculations and third-party verification.

For Attero, this certification affirms its commitment to sustainability and responsible environmental practices by providing independently verified and validated carbon footprint data.

Commitment to Sustainability

Nitin Gupta, Co-Founder and CEO of Attero said, “The ISO 14064 certification is a testimony to Attero’s commitment to a sustainable future. By setting a new standard for GHG emissions management in the industry, we are not just reducing our carbon footprint but also inspiring others to adopt more transparent and impactful environmental practices. It aligns with our mission to transform waste into resources while supporting a cleaner planet for generations to come.”

Revolutionizing E-Waste Recycling

Attero has seamlessly integrated the principles of reducing, reusing, and recycling into its operations.

The company has collaborated with major Original Equipment Manufacturers (OEMs) to recycle lithium-ion batteries and manage electronic waste efficiently.

By leveraging cutting-edge technology supported by 46+ patents, Attero achieves a 98% extraction efficiency and greater than 99% purity in recycling, recovering critical and rare-earth materials while minimizing environmental impact.

Scaling Up Operations

Attero’s ambitious plans include increasing its annual e-waste processing capacity from 1,44,000 metric tons to 4,15,000 metric tons over the next five years.

Furthermore, it remains the only organization certified by the United Nations Framework Convention on Climate Change (UNFCCC) for generating carbon credits, validating its role in driving global sustainability efforts.

A Game-Changer

The ISO 14064 certification sets a new benchmark in the e-waste recycling industry by prioritizing accurate and transparent emissions data.

Attero’s dedication to rigorous GHG verification actively contributes to global climate goals and advances accountability in emissions management.

By taking measurable, credible, and transparent actions, Attero exemplifies how robust climate solutions can drive sustainability forward.

Pioneering Green Innovations

Attero continues to innovate in the recycling industry, launching initiatives like Selsmart, a
direct-to-consumer platform promoting responsible e-waste disposal.

These efforts reflect its broader vision of continuous investment in research and development. It leads to enhance the efficiency and tackle e-waste challenges effectively.

 A Sustainable Future

As climate crises escalate, Attero’s efforts in emissions management signal a critical step toward a sustainable future.

As reported by apnnews.com, with its ISO 14064 certification, the company solidifies its leadership in the cleantech industry. It inspires others to follow suit and prioritize environmentally responsible practices.

Lubrizol Partners with Polyhose for Medical Tubing Production

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Lubrizol, a player in specialty chemicals, and Polyhose, a global name in fluid conveyance systems, have signed a Memorandum of Understanding (MoU) to drive innovation within India’s medical sector.

The MoU builds on the longstanding partnership and aims to enhance the country’s manufacturing capabilities in the medical field.

Establishing a Medical Manufacturing Facility

As part of the collaboration, Lubrizol and Polyhose will establish a state-of-the-art medical manufacturing site in Tamil Nadu.

The facility is expected to increase Lubrizol’s local medical tubing production by five times, ensuring easier access to life-saving medical tubing for both domestic and global markets.

The high-quality medical tubing produced will be used in critical applications, including neurovascular and cardiovascular procedures, such as balloon catheters and minimally invasive catheters.

Advancing Precision Manufacturing

Bhavana Bindra, Lubrizol’s Managing Director for India, the Middle East, and Africa, highlighted that the agreement brings advanced precision manufacturing technology to India.

She emphasized that the collaboration opens up new business opportunities in critical care markets, both within India and internationally.

The partnership is poised to reduce the country’s dependence on medical imports while enhancing the region’s ability to innovate.

The medical tubing produced will feature Lubrizol’s advanced medical-grade thermoplastic polyurethane (TPU) and other high-performance thermoplastic polymers, ensuring both biocompatibility and patient comfort.

The new facility will comply with ISO 13485 standards, ensuring the production of safe, high-quality medical tubing.

Lubrizol’s Growing Investment

Lubrizol’s commitment to India is evident in its substantial investments. Over the past year, the company has invested more than $350 million in the country.

Notably, Lubrizol opened a Global Capability Center (GCC) in Pune and purchased a 120-acre plot in Aurangabad for its largest manufacturing facility in India.

Additionally, Lubrizol is expanding its production capacity in Gujarat, including the first phase of a 1,00,000-metric-ton CPVC resin plant in Vilayat, which will be the largest single-site CPVC resin production facility globally.

Local-for-Local and Local-for-Global Strategies

Lubrizol is strategically positioning itself to meet both local and global customer needs.

By leveraging its expertise in India, the company plans to offer a collaborative approach to product design, ensuring reliable supply, quick turnarounds, and strong technical support for Indian OEMs.

The local-for-local model will enhance Lubrizol’s ability to cater to specific market demands while maintaining global competitiveness.

Growth and Commitment to Innovation

Shabbir Y J, Managing Director of Polyhose India Pvt. Ltd., expressed happiness about the company’s long-standing collaboration with Lubrizol.

He noted that Tamil Nadu, where both companies have experienced substantial growth, continues to be an ideal location for industrial expansion.

Polyhose is excited to further strengthen its partnership with Lubrizol. It leads to advancement in industry standards and unlocking new opportunities for growth.

Future Outlook

The manufacturing facility is expected to be ready by 2025, with operations anticipated to begin in 2026.

As per the press release, the collaboration marks a significant milestone in the ongoing development of India’s medical sector. Its positioning the country as a hub for high-quality medical manufacturing.

Pharmaceutical Plants Launched Under PLI Scheme to Reduce Import

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The government is making a significant move to reduce its dependence on pharmaceutical imports, especially from China, by inaugurating two greenfield plants under the Production Linked Incentive (PLI) scheme.

The plants will focus on manufacturing essential pharmaceutical ingredients domestically, marking a critical push toward self-sufficiency in the country’s drug production capabilities.

Domestic Production

The plants, launched in October, will produce key starting materials (KSM) and active pharmaceutical ingredients (API), which are essential for the production of common antibiotics.

The plants will specifically focus on penicillin G, 6-APA (6-aminopenicillanic acid), and clavulanic Acid. These critical molecules have not been produced in India for over twenty years, leaving the country heavily reliant on imports, particularly from China.

Reducing Dependency on Imports

The halt in local production of the antibiotics’ building blocks has led to a strong dependency on imports. Historically, China has been the primary supplier of these key ingredients.

The new plants will reduce India’s import dependence by 50% for penicillin G and 6-APA.

Lyfius Pharma’s Facility

One of the new plants, set up by Lyfius Pharma in Kakinada, Andhra Pradesh, will produce 15,000 metric tons (MT) of penicillin G annually.

Of this, 12,000 MT will be converted into 6,000 MT of 6-APA. It is a precursor for several commonly used antibiotics, including Amoxicillin and Ampicillin.

This shift in production is expected to significantly reduce India’s reliance on imports. This is particularly true for imports from China, which accounted for 77% of Penicillin G and 94.1% of 6-APA imports in FY24.

Kinvan’s Clavulanic Acid Plant

Kinvan Private Limited (KPL) has opened a 400-MT plant in Solan, Himachal Pradesh, focused on manufacturing clavulanic acid.

This component is essential for producing antibiotics that combat bacterial resistance.

Until now, India has relied entirely on imports for clavulanic acid, with China providing 85.3% of the demand. The new KPL facility aims to reduce India’s import dependence for this vital ingredient by 40%.

Global Pharmaceutical Market

The plants, developed under the PLI scheme, are designed to meet domestic demand. They also aim to strengthen India’s position in the global pharmaceutical market.

As reported by knnindia.co.in, increasing local manufacturing capacity will help the country reduce its costs. It will also ensure a more secure and sustainable supply chain for essential medicines.

Sunil Khanduja Appointed MD of Ingersoll Rand India

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Ingersoll Rand, a global player in critical flow creation and industrial technologies, has appointed Sunil Khanduja as the Managing Director of Ingersoll Rand (India) Limited.

The leadership change, effective from twelfth November 2024 through eleventh November 2029. It is part of the company’s strategy to enhance its operations and drive long-term growth in India.

Strengthening Operations in India

Khanduja will lead Ingersoll Rand’s compression systems and services business in India. It is a vital segment of the company’s industrial solutions portfolio.

The company aims to reinforce its presence and value in the Indian market through his appointment.

With his extensive experience at Ingersoll Rand, including his previous role as business head for a key vertical in India and as director of operations for the EMEIA region (Europe, Middle East, India, and Africa), Khanduja is well-equipped to steer the company’s growth and operations.

Leadership and Expertise

Throughout his career at Ingersoll Rand, Khanduja has demonstrated strong leadership capabilities.

He played a pivotal role in scaling business growth, improving supply chains. It also aims at achieving operational efficiencies across global facilities and warehouses.

His strategic vision and expertise are key assets that will support Ingersoll Rand’s long-term objectives in India.

Local for Local Strategy

Khanduja’s leadership will also align with Ingersoll Rand’s strategic focus on addressing regional needs through a ‘local for local’ approach.

He emphasized the importance of the approach by stating, “Our focus on regional innovation and customer needs supports Ingersoll Rand’s global goals. By enhancing our presence in India, we aim to foster growth and create value for our stakeholders”.

As reported by manufacturingtodayindia.com, the leadership change reflects Ingersoll Rand’s commitment to delivering value in India while continuing to grow its global footprint.

Jeena and Sangti Solutions Launch Carbon Tracking for Sustainable Logistics

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Jeena and SangtiJeena & Company is a global freight forwarding and supply chain solutions company. Jeena has embarked on a transformative journey to build a sustainable future for logistics.

Partnering with Sangti Solutions, a sustainability provider, Jeena is rolling out a ground-breaking initiative. Jeena and Sangti working together to track and reduce carbon emissions across its operations.

The initiative of Jeena and Sangti empowers customers and partners to make meaningful strides in their Environmental, Social, and Governance (ESG) goals.

Real-Time Carbon Tracking for Customers

 

As part of the initiative, Jeena is committed to implementing comprehensive carbon tracking for all shipments managed on behalf of its customers.

The approach offers full visibility into CO2 emissions at the shipment level, enabling real-time monitoring through the Jeena Customer Portal (JCP).

With a dedicated emissions tracker, customers can now access detailed data specific to their shipments, allowing them to make informed sustainability decisions.

Key Features

Jeena’s program introduces several key features to support customers in reducing their carbon footprint:

Automated Monthly Carbon Reports: Identified customers will receive monthly carbon reports, paired with Management Information System (MIS) insights.

Integrated Reporting on Jeena Customer Portal: The JCP will host customer carbon reports, making access to emissions data seamless and transparent.

API-Driven Data Collection: Relevant data will be collected via API with the collaboration of Jeena’s team.This approach ensures accurate emissions reporting and analysis.

Customer-Specific Decarbonisation Initiatives: The program allows customers to identify targeted decarbonisation measures, empowering proactive carbon footprint reduction.

Reliable, Standardised Emissions Data

To ensure accuracy and consistency, Jeena leverages Sangti’s GLEC-accredited tool – the only one in India – offering dependable, standardised emissions data.

Jeena also aims to pursue further industry certifications, such as ISO and IGBC Green Interiors. It is to reinforce its sustainability commitment and enhance operational excellence.

CO2 Reduction Measures

Beyond customer-focused tracking, Jeena is also working internally to monitor and reduce its own CO2 emissions.

According to the press release, the step is aligned with the company’s long-term sustainability strategy.

Shaping the Future of Sustainable Logistics

“Jeena recognises the vital role sustainability plays in shaping the future of the logistics industry and the broader community,” said Ayesha Katgara of Jeena & Company.

Katgara added, “By providing the necessary tools and data, we aim to support our customers’ sustainability journeys. This empowers them to understand and reduce their carbon emissions.” This initiative is part of our mission to drive positive industry change. It will make a lasting environmental impact, ensuring we’re ready for future generations. 

Industry Impact and Future Vision

Hitesh Bhuraria, CEO and Co-founder of Sangti commented, “Granular carbon tracking is a critical step toward decarbonisation. Jeena’s efforts in establishing such a system set an industry benchmark for accuracy and auditability. We look forward to supporting Jeena’s sustainability journey and enabling them to offer greener services to customers”.

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