Shuchi Nahar's Weekend Blog!

Rapid Increase in Ethanol Production Capacity Twitter Handle: @shuchi_nahar Two Different types of processes  to produce Ethanol To produce 684 crore liters of ethanol by the sugar industry by 2025-26, sugarcane equivalent to 60 LMT of surplus sugar would be diverted to ethanol. In the current sugar season, 2020-21 more than 20 LMT of sugar is estimated to be diverted. To produce 666 crore liters of ethanol/ alcohol from food grains by 2025-26, about 165 LMT of food grains would be utilized. At present damaged food grain availability is around 40 lakh tons in the country. In 2020-21 approximately 20 lakh ton maize is surplus FCI Rice is also sufficient in stock (266 LMT) and it will continue to remain robust as procurement of paddy/rice at MSP continues at expected levels. The country is producing sufficient food grains and sugar to meet the requirement for ethanol. Molasses-based distilleries have also been offered interest subvention to convert them to dual feed, to convert b...

Tata Chemicals -  https://myweekendspot.blogspot.com/2021/02/tata-chemicals-huge-opportunities-ahead.html Twitter Handle: @shuchi_nahar Recent updates about the company The chemical industry can play part in these sustainability solutions – reducing carbon emissions, turning waste into useful products, i.e. circular economy. Tata Chemicals can also play into chemicals going into health and hygiene – it already plays some bit through detergents and other applications of sodium bicarbonate. Grow volumes & maximize realizations in soda ash (price increased in Q2 FY22). Timely execution of capacity expansion: Salt 165k MT by end of FY22. Soda ash demand drivers Demand is likely to remain strong thanks to growing new applications in sustainability solutions. Soda ash demand is likely to pick up from the use of glass panels (flat glass) into solar cells, lithium carbonate (every ton needs one ton of soda ash), and the move to container glasses from plastics. This is likely to d...

Construction chemicals Industry - Unseen opportunities ahead Twitter Handle: @shuchi_nahar Introduction The global construction industry makes up about 12% of the world's GDP and construction is one of the main drivers of growth in almost every economy. The Global Construction & Building Materials Market size was estimated at USD 916.31 billion in 2019 and is expected to reach USD 946.26 billion in 2020, at a CAGR of 5.76% reaching USD 1,282.56 billion by 2025.  A variety of chemicals and advanced materials (CAMs)— ranging from concrete admixtures to polymer composites— are increasingly being used in the buildings and construction industry. Construction CAMs include concrete admixtures, adhesives and sealants, protective coatings, insulation materials, and polymer composites. As with other areas of the specialty chemicals sector, the construction chemicals industry is directly affected by increased globalization, consolidation, and significant consumption growth in rapidly de...

CAPEX Acceleration in Indian Chemical Companies -  USD 300 bn  domestic market by 2025 Twitter Handle: @shuchi_nahar India’s chemical industry was estimated to be worth USD 178 billion in FY 2019-20 and has a significant potential to reach USD 300 billion by FY 2024-25. In terms of demand, the industry has grown at approximately 1.3 times the country’s average GDP growth in the last five years and shows a strong linkage with its GDP. Indian specialty chemical sector has grown at 12%+ in the last five years and is well poised to expand its global market share to 7-8% from 4% in the coming years. The structural drivers are in place like global best practice manufacturing standard and R&D capability along with government impetus of make in India policy with pro-growth policies will act as a further catalyst for growth. Further, a global MNC looking at China Plus one strategy will help Indian incumbents to gain market share. In the short to medium term, supply disruptions ...

Recent disruption in China - Impact on Indian Chemical Companies Twitter Handle: @shuchi_nahar Specialty Chemical Article: https://myweekendspot.blogspot.com/2021/07/speciality-chemicals-market-size-demand.html Government scheme to boost: https://myweekendspot.blogspot.com/2021/07/government-initiatives-to-boost-growth.html Indian specialty chemicals companies are poised to ride tailwinds from macro drivers including ‘China+1’, import-substitution, growing costs within China (capital, operational, compliances), and currency benefits.  Recent disruptions in China will cause medium-term challenges for downstream producers while benefiting base chemical suppliers. More importantly, these frequent supply disruptions in China further strengthen the case for quality Indian players in the chemical domain. Growing import substitution by local industry makes a case for strengthening volume growth for base chemical/intermediate suppliers.  Recent disruptions in China (electricity s...

Syngene International Ltd. FY2020-21 Annual Report Key Takeaways  In continuation of my previous blog here is the updated version l ink to Initial Blog -  https://myweekendspot.blogspot.com/2020/10/syngene-next-giant-player-for-cdmo.html Company Overview Incorporated in 1994 as a subsidiary of Biocon, Syngene International (SIL) is a leading contract research organization (CRO), which supports R&D programs of global innovative companies.   SIL offers outsourced services to support discovery and development for organizations across industrial sectors like pharmaceuticals, biopharmaceuticals, nutraceuticals, animal health, agrochemicals, etc. It currently caters to 400+ global players including Bristol-Myers Squibb (BMS), Abbott, Baxter, and Amgen, among others. SIL derives 95% of its revenues from exports.   Syngene continued to build on its integrated drug discovery and development portfolio during the year, including a five-year collaboration with 3DC,...

Ethanol - Global Production, Capacity, Impact, and Ethanol Blending Trend Twitter Handle: @shuchi_nahar In continuation with the previous Ethanol blog here is an extended version with more new Insights! With a view to give a boost to the agriculture sector and to reduce environmental pollution, the government of India had launched pilot projects in 2001 wherein, 5% ethanol blended petrol was supplied to retail outlets. Apart from field trials, R&D studies were also simultaneously conducted. The success of these field trials and studies paved the way for EBP in India. The Government of India vide its Resolution dated 3rd September 2002 decided to launch Ethanol Blended Petrol (EBP) Program in January 2003 for sale of 5% ethanol blended petrol in nine States and four UTs.   The global production of fuel ethanol touched 110 billion liters in 2019 showing an average growth of 4% a year per year during the last decade. The United States of America (USA) and Brazil contribute fo...