Page 29 - Plastics News February 2018

FEATURES

Solvay’s Commitment for Make in India

Solvay’s booth at Plastindia highlighted many of its industry-leading high-performance polymer solutions
for applications in high-growth markets in India

olvay announced at Plastindia 2018 (Booth C9, Hall 10) short, says Amlan Das, Solvay highlighting their buoyant
Sthat construction of its new Veradel® polyethersulfone and focused plan of the future.
(PESU) production unit in Panoli, India remains on schedule Flying high this year, Jitendra Kumar Bharihoke explains
to reach full capacity by mid-2019 to support growing how the company is already three times above the GDP
local and global demand for this high-performance in terms of growth, as compared to last year. And when
thermoplastic. Construction of the new plant represents it comes to PLASTINDIA 2018, the team hasn’t really got

time to step out of the pavllion in three straight days.
So, what is really in plan?

For the business of ‘Performance Polyamide’ Which is nylon
based compound, Jitendra Kumar Barihoke says. “65% of
our businss comes from automotives, which by far is doing
exceptionally well. Balance is spread across electrical
and the vast base of consumer segment. And while the
performance polymides are showing 40% growth in India.
We are also venturing into new developments, namely
metal replacements, exports from India, and more.”
According to Jitendra Kumar Bharioke , Solvay is one of
the top three payers in nylon compounds. Moving ahead
with a strong ambition, they were also aiming aggressively
to cross a very ambitious number. “We are currently at
only one example of Solvay’s larger advocacy of the 12% market share and in the next 3-4 years. We intend
country’s flagship program “Make in India” by ensuring to cross. It is an aggressive number, but then we are also
a stable supply of its industry-leading high-performance expecting the market to grow by 40-50% by then.” He says.
polymers. Their newest entrant is nylon 6 based powers for 3D

“Solvay has earned a reputation for reliability in India printing. While most such resins are only into proto typing.
through its established footprint of production plants Solvay’s solutions is making functional prototypes. “These
and joint-ventures on the sub-continent, as well as its functional prototypes will help customers cut down their
local network of world-class Research and Innovation development costs as well as cut short the time taken
Centers,” said Amlan Das, managing director for India at to build products; specially useful for the automotive
Solvay’s Specialty Polymers global business unit. “With industry, for now, “ says Jitendra Kumar Bhaihoke.
over 35 product lines available – encompassing sulfone In the case of ‘Specialty polymers’, It is direct replacement
polymers, aromatic polyamides and polyketones, as well of metals as there are high ned polymers that can
as fluorinated polymers, liquids and elastomers – Solvay’s withstand high temperature chemicals and heat. But
products meet a broad range of demanding performance Amlan Das feels that the Indian market is yet immature
requirements in wide variety of industries.” to handle these high end polymers. He says, “We are way
Solvay’s booth at Plastindia highlighted many of its ahead of the Indian polymer market currently. We are
industry-leading high-performance polymer solutions for operating across automotive healthcare, consumer and
applications in high-growth markets in India, including: construction, alternate energy, electrical and electronic
Smart devices, Automotive, Membranes, Healthcare, segments. We are also one of the major suppliers of lithium
Food and beverage, Plumbing components, Industrial ion batteries in the world. We are strongly propagating.
coatings Pm’s ‘Make in India’ campaingn” With over Rs. 1,000 crore
plus invested in a plant at Panoli GIDC, Ankleshwar, Amlan
Innovating products and partnering with customers in India Das is aiming at major expansions of this is more to do with
and worldwide is an integral part of Solvay’s growth in a innovations in use of compounds and polymers.

29 Feb ruar y 2018 Plastics News