Covestro - Making Sustainable Choices
Chemical Engineering World|Chemical Engineering World June 2018

Avers Mr. Ajay Durrani, Managing Director, Covestro (India) Private Limited, By 2025, we want to spend 80 per cent of our research and development expenditure in areas that contribute to the Sustainable Development Goals. Currently, Covestro is providing full support for the second year of the Young Champions of the Earth competition, a global competition sponsored by Covestro that aims to identify, support and celebrate outstanding individuals aged 18-30 who have big ideas to protect or restore the environment.

Covestro - Making Sustainable Choices

What is your view on the government’s ‘Make in India’ initiative? As a key player in specialty chemicals, how you think this initiative catapulted India into top manufacturing economies? What, according to you, are key hurdles in the path of ‘Make in India’ initiatives?

Make in India has been a great initiative from the government. It has not only given the required impetus to various sectors, but is going to help India in the long run having benefitted various sectors like aerospace, biotechnology, food processing, FDI, chemical, tourism, railway, textile and many more. It has also helped the industry in getting seamless & quick support from the government by eliminating old irrelevant obstacles in the manufacturing sector.

Make in India created a platform and a welcoming environment for commercial sectors from all around the world, to engineer their products in India and sell them anywhere they wish. Due to this fact companies from across the globe making a huge investment in this project, and have thrived successfully, making India a hub for the manufacturing companies.

Lack of skilled labour, access to easy credit and regulatory compliance stands as one of the biggest impediments to the Make in India scheme. A major section of the manufacturing sector comprises of MSME. These companies have faced some issue with respect to funding and operation due to the twin impacts of GST and demonetization. Credit continues to be a key issue for them, and India’s banking system is not in a position to lend much unless its balance sheets are cleared. Though things are improving now, the government would need to provide adequate support.

هذه القصة مأخوذة من طبعة Chemical Engineering World June 2018 من Chemical Engineering World.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة Chemical Engineering World June 2018 من Chemical Engineering World.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من CHEMICAL ENGINEERING WORLD مشاهدة الكل
Sizing and Selecting the proper Metering Pump
Chemical Engineering World

Sizing and Selecting the proper Metering Pump

In process application, large amounts of chemicals are used during daily operations and the volumes of chemicals are large and very precise, with exact amounts delivered according to strict injection schedules. Thus the pressures - from very high to very low – for injecting the chemicals should be governed precisely. Metering pumps have—whether mechanically, hydraulically or electronically actuated—raised to the fore as a technology of first choice for the injection of chemicals in processing and agricultural applications, but within the realm of metering pumps there are many different styles and modes of operation. The article explains the different metering-pump technologies and illustrates how the user should select the proper size and style depending on the injection application for which the pump will be tasked.

time-read
8 mins  |
August 2016
How Two Petrochemical Plants Improved Level And Flow Measurement
Chemical Engineering World

How Two Petrochemical Plants Improved Level And Flow Measurement

How Two Petrochemical Plants Improved Level And Flow Measurement

time-read
2 mins  |
May 2018
Just The Right Dose Of Intelligence
Chemical Engineering World

Just The Right Dose Of Intelligence

Nothing herein shall constitute an offer to sell, or a solicitation of an offer to buy. The ACOPOStrak product is not available for sale into the United States of America until September 2018.

time-read
1 min  |
May 2018
Hunting For Hazards
Chemical Engineering World

Hunting For Hazards

Leaving no stone unturned, no nook or corner unchecked, till we identify all hazards that threaten our installation or personnel or public

time-read
3 mins  |
May 2018
Indexing Plungers For Ultimate Demands In Terms Of Corrosion Resistance, Hygiene And Material Quality
Chemical Engineering World

Indexing Plungers For Ultimate Demands In Terms Of Corrosion Resistance, Hygiene And Material Quality

Indexing Plungers For Ultimate Demands In Terms Of Corrosion Resistance, Hygiene And Material Quality

time-read
1 min  |
May 2018
ABB to Invest 100 Million in Global Innovation & Training Campus
Chemical Engineering World

ABB to Invest 100 Million in Global Innovation & Training Campus

ABB makes largest organic investment in industrial automation at home of B&R in Austria One year after announcing its acquisition of B&R (Bernecker + Rainer Industrie-Elektronik GmbH), ABB is to invest €100 million in Austria to build a state-of-the-art innovation and training campus at the home of B&R in Eggelsberg, Upper Austria. It is the largest organic investment in industrial automation in ABB’s more than 130-year history and lays the foundation for around 1,000 new high-tech jobs in Austria.

time-read
3 mins  |
April 2018
Secure & Seamless Communication With Powerlink & OPC UA
Chemical Engineering World

Secure & Seamless Communication With Powerlink & OPC UA

An OPC UA companion specification is now available for POWERLINK according to a joint announcement by the OPC Foundation and the Ethernet POWERLINK Standardization Group (EPSG). The companion specification describes how payload data is exchanged between POWERLINK and any OPC UA platform. The result is integrated communication from the sensor to the cloud – without any interfaces whatsoever.​​​​​​​

time-read
1 min  |
April 2018
B&R Expands Gilgenberg Site
Chemical Engineering World

B&R Expands Gilgenberg Site

Automation specialist invests in production, office space and logistics.

time-read
1 min  |
March 2018
Unmatched Efficiency With High-Speed Diverters
Chemical Engineering World

Unmatched Efficiency With High-Speed Diverters

B&R presents flexible transport system at Hannover Messe.

time-read
1 min  |
March 2018
Digitalization Is Not An Option, But A Must
Chemical Engineering World

Digitalization Is Not An Option, But A Must

B&R India explores IIoT topics at 4th annual Innovation Day.

time-read
2 mins  |
March 2018