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This Article is From Dec 16, 2021

Specialty Chemicals Sector Check - The Future Is Already Here, Just Not Evenly Distributed: Motilal Oswal

Specialty Chemicals Sector Check - The Future Is Already Here, Just Not Evenly Distributed: Motilal Oswal
Liquid chemical products on display inside a laboratory. (Photographer: Olivier Matthys/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Campus learning at National Chemicals Laboratory

For the past few years, chemical companies have been collaborating in several areas for better chemistry, solvent reduction, minimisation / the use of byproducts, reducing effluents, and reducing the use of resources (including utilities). Some examples/drivers are as follows:

  • India still imports ~65% of its solvents, and the reduction helps minimize production costs.

  • By-products such as acetone (by-product of phenol) could be enriched into electronic-grade acetone.

  • The use of heterogeneous catalysts could make separation easier, thereby reducing the number of process steps and costs.

Batch processes take a lot of manual intervention, reducing consistency, raising production costs, as well as raising cycle time. NCL has helped develop continuous processes that lower the footprint of the equipment (by almost one-tenth), reduce the cycle time, and lower operating costs drastically. Heat removal is also much easier owing to the reduced surface area of the equipment.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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