Thursday, 27 February 2020
Tuesday, 25 February 2020
Uflex Limited Launches India’s First plant for Washing and Recycling of Post-Consumer Multi -Layer Plastic and PET bottles waste
Our ChemAnalyst team got an incredibly rewarding opportunity
to visit India’s First plant for Washing and Recycling of Post-Consumer Multi
-Layer Plastic and PET bottles waste, recently launched by Uflex Limited in
Noida, Uttar Pradesh. The plant’s PET Bottle Line has the capacity to recycle
up to 600 tonnes of PET Bottle waste a month while the MLP Film Line a capacity
to wash and recycle up to 500 tonnes of MLP waste in a month.
With the aim of strengthening its recycling capabilities and
maintaining a truly circular plastic economy, UFlex has become the first and
only company in the world to develop this innovative technique. In line with
its global sustainability campaign ‘Project Plastic Fix’, Uflex recognizes its
responsibility to the environment and is tenaciously striving to scale up its
recycling strength. The plant showcased Multi-layer Plastic Wastes (bags, rigs,
bottles, wrappers etc.) being recycled into chips and granules using a simple
technique followed by their processing into useful Industrial & Household
Products such as flower pots, outdoor furniture, bucket, dustbins, paver tiles,
road dividers etc.
Our team had a wonderful experience at the plant visit which
was followed by an interactive session with Mr. Jeevraja Pillai, Joint
President, Packaging and Mr.Dinesh Jain, President, Legal and Corporate
Affairs. The personnel gave us a detailed outlook of the technology used and
its scope in providing India a sustainable solution towards converting waste
into wealth.
It is estimated that by 2050, there will be around 12
billion metric tons of plastic on this planet if an effective strategy is not
proposed to recycle the accumulating plastic waste. India alone is producing
26,000 tons of plastic waste every day of which single-use plastics pose a
major problem. Hence, it is the need of the hour to mitigate the continuous
piling of plastic waste by collecting and recycling it to produce products with
economic value. With its newly commissioned recycling plants in several
locations, UFlex will have a capacity to recycle more than 3000 MT of plastic waste
a month.
About
UFlex:
UFlex is India’s largest multinational flexible packaging
Company which provide superior technologically superior solutions to its
customers across the globe. As a leading global player in Polymer Sciences,
UFlex has evolved as a truly Indian Multinational with its state-of-the-art
packaging facilities at different locations in India with installed capacity of
around 135 KTPA. The company has its manufacturing units present in India,
Mexico Egypt, UAE, Poland and USA. Integrated within its core business profile
are associated businesses like Engineering, Aseptic Liquid Packaging, Cylinders
and Chemicals which further gives UFlex stand-out from its competitors.
About ChemAnalyst:
ChemAnalyst.com is a subscription based Digital
Platform covering in depth data & analysis on 175+ Chemicals. It offers
granular level real-time data and business intelligence in chemicals and
petrochemicals to give you a sustained competitive advantage across the
industry value-chain.
Haldia Petrochemical Plans to Invest on Ethylene-based Petrochemical Projects in Odisha and Tamil Nadu
The Chatterjee Group (TCG) is an investment
company, providing end-to-end product and service capabilities, that has its
horizon of specialization spreading across many sectors such as petrochemicals,
pharmaceuticals, biotech, real estates, etc. In the month of February 2020, the
owner of TCG, Mr. Purnendu Chatterjee made an announcement that the company is
going to invest a staggering sum of INR 1280 Billion in the petrochemical
sector.
The sum will be segregated in the form of INR 780 Billion which will be
invested in Balasore, Odisha, and INR 500 Billion which will be invested in
Cuddalore, Tamil Nadu. However, TCG is equally communicating with other global
investors, because several other projects keep coming up, and for that, funds
are necessary, thus, the estimated investments for Odisha and Tamil Nadu will
go down over a period of five years. Approximate time of six months is
what is expected for the Cuddalore project to come, while the Balasore project
may take around an expected duration of two years. The reasons behind the time
gap between the two projects are formalities regarding land acquisition, space
compatibility, and necessary forest clearance. Since Haldia Petrochemical (HPL)
is the jewel company of TCG, it is all set to acquire the 2100 acres vacant
land of Nagarjuna Oil Corp (NOC), after it gets the green flag from National
Company Law Tribunal (NCLT). The reason behind the land acquisition is because
NOC went into bankruptcy as soon as it started to construct a refinery.
Hence,
the Cuddalore project is expected to come up first, but in the case of the
Balasore project, the Odisha government has recently started to acquire 3200
acres of land near Subarnarekha Port. This project is expected to produce a
1.08 mtpa (million tons per annum) Polyethylene, a 1.6 mtpa of Paraxylene, and
another 1.25 mtpa of Purified Terephthalic Acid.
Visit News- https://www.chemanalyst.com/NewsAndDeals/NewsDetails/205-the-chatterjee-group-tcg-invests-on-petrochemical-projects-in-the-states-of-odisha-and-tamil-nadu-in-collaboration-with-countrys-leading-energy-firms
Monday, 24 February 2020
Latin America Two Wheeler Tire Market to Surpass $ 2.1 Billion by 2025 – TechSci Research
Continuously growing demand for two wheelers coupled with expanding fleet size to drive Latin America two wheeler tire market through 2025
According to TechSci Research report, “Latin America Two Wheeler Tire Market By Vehicle Type, By Demand Category, By Region, Competition, Forecast & Opportunities, 2025”, Latin America two wheeler tire market is anticipated to reach $ 2.1 billion by 2025, owing to rising two wheeler sales due to their ease of maneuverability and high mileage coupled with expanding two wheeler fleet in Latin America. Increasing vehicle population and traffic congestion on city roads are expected to boost the demand for two wheelers and their tires during forecast period. Continuous business expansions of prominent two wheeler tire manufacturing companies across the region and their continuous research and development activities to manufacture technologically advanced, economical as well as efficient tires is further anticipated to intensify the competition in two wheeler tire market across Latin America over the course of the next five years.
Companies across the region are also introducing more performance-oriented radial tires to better suit different driving conditions, which is further anticipated to augment the level of radialization in Latin America two wheeler tire market in the coming years. Brazil accounts for the maximum share in Latin America two wheeler tire market on account of large fleet of two wheelers and large-scale production of two wheelers across the country. Countries such as Brazil, Argentina, Colombia, Mexico are major contributor to the Latin America two wheeler tire market.
Browse more than 29 market data Figures spread through 110 Pages and an in-depth TOC on "Latin America Two Wheeler Tire Market"
Latin America two wheeler tire market can be segmented based on demand category, vehicle type and region. In terms of vehicle type, the motorcycle segment accounts for the largest share and the trend is expected to continue in the forthcoming years as well. While, scooter segment is expected to grow at an impressive rate in the forecast period. The road infrastructure in major parts of Latin America is poor making it difficult for other vehicles to traverse easily. Hence, motorcycles are preferred in Latin America due to its large tire sizes as they provide a comfortable ride as compared to scooters in both paved and unpaved roads.
Maggion, Michelin, Technic, Rinaldi, etc., are among some of the leading players operating in Latin America two wheeler tire market. Apart from these companies, Asia-based two wheeler tire manufacturers are also increasing their marketing activities and enriching product portfolio in the region to increase their customer outreach. Major companies in the Latin America two wheeler tire industry are also focusing on increasing their dealer and distributor network to grab a larger share in the region’s two wheeler tire market.
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“Brazil dominated the Latin America two wheeler tire market in 2019, backed by increase of two-wheeler fleet and production in the country. Over the next five, demand for two wheeler tires is anticipated to increase in the countries namely Brazil, Colombia, Argentina and Mexico, on account of rising crude oil prices and increasing traffic congestions. Moreover, with growing inclination of general population towards two wheelers owing to their high maneuverability and expansions of product portfolios by major two wheeler tire manufacturer.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based Latin America management consulting firm.
“Latin America Two Wheeler Tire Market By Vehicle Type, By Demand Category, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Latin America two wheeler tire market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Latin America two wheeler tire market.
Browse Related Reports
Latin America Small Commercial Vehicle Market By Vehicle Type (Light Buses, Vans, Pickups, Light Trucks, etc.), By Region (North America, Middle East & Africa, Europe & CIS, Asia-Pacific & South America), Competition Forecast & Opportunities, 2011 – 2021
Latin America Electric Passenger Car Market By Vehicle Type (Sedan, Hatchback & SUV), By Technology Type (PHEV Vs. BEV), By Driving Range (Up to 150 Miles Vs. Above 150 Miles), By Region, Competition Forecast & Opportunities, 2013 – 2023
India Passenger Car Market By Vehicle Type (Hatchback, Sedan, SUV & MUV), By Segment Type (Mini, Compact, Micro, C1, C2, D, E, & F), By Fuel Type (Petrol, Diesel & CNG), By Engine Capacity, Competition Forecast & Opportunities, 2012 – 2022
Contact
Mr. Ken Mathews
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New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Sunday, 23 February 2020
UAE Elevator & Escalator Maintenance & Repair Services to Grow at Steady Rate During Forecast Period
Changing dynamics of the construction industry and need for infrastructure with modern amenities to drive the growth of UAE elevator & escalator maintenance & repair services market
According to TechSci Research report, “UAE Elevator & Escalator Maintenance & Repair Services Market By Type, By Elevator Technology, By Components, By End User, By Elevator Door Type, By Region, Forecast & Opportunities, 2025”, the UAE elevator & escalator maintenance & repair services market is expected to grow at a steady rate of during the forecast period on account of the increasing demand for smart elevators in various enterprises. Additionally, integration of IoT in maintenance of elevators & escalators reduces downtime and improves service efficiency, thereby propelling the market in the country. However, increase in number of accidents inside elevators can hamper the growth of market during forecast period. These accidents may further pose threat to the personnel engaged in their maintenance and service. As a result, stringent safety regulations for elevators and escalators may pose a threat to the market's growth during the forecast period.
Browse market data Tables and Figures spread through Pages and an in-depth TOC on " UAE Elevator & Escalator Maintenance & Repair Services Market"
The UAE elevator & escalator maintenance & repair services market is segmented based on type, elevator technology, components, end user, elevator door type, company and region. Based on end user, the market can be segmented into residential, commercial, institutional, infrastructural and others. The commercial segment is expected to grow at a significant pace during forecast period attributable to the growing requirement for high performance elevators, low break down situations, smooth operation in commercial spaces, along with the beautiful aesthetics elevators.
AG MELCO Elevator Co. L.L.C., Hitachi, Ltd., Middle East Branch, Kone Middle East LLC, Otis LLC, Schindler Middle East, Al-Futtaim Engineering, Nigma Lifts Installation & Maintenance Co (LLC), Thyssenkrupp Elevator, Euro Elevator Escalators Maintenance Company, Alnas Elevator and others are some of the leading players operating in UAE elevator & escalator maintenance & repair services market.
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“UAE elevator & escalator maintenance & repair services market is expected to witness significant growth during the forecast years, owing to the growth of the residential, commercial, institutional and infrastructure industries in the country. Additionally, the joint ventures among domestic companies and international players are creating a constructive environment, favorable for the growth of elevators and escalators maintenance & repair services market in the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Elevator & Escalator Maintenance & Repair Services Market By Type, By Elevator Technology, By Components, By End User, By Elevator Door Type, By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of UAE elevator & escalator maintenance & repair services market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in UAE elevator & escalator maintenance & repair services market.
Browse Related Reports
Global Elevator & Escalator Market By Type (Elevator, Escalator and Moving Walk Ways), By Service, By Elevator Technology, By End-User, By Elevator Door Type, By Region, Competition Forecast & Opportunities, 2013 – 2023
China Smart Elevator Market By Component (Control Systems (Security Control System, Elevator Control System, Access Control system), and Communication Systems), By Application (Residential, Commercial, Industrial, Institutional, Others), By Service (New Installation, Modernization, Maintenance), By Region, Competition, Forecast & Opportunities, 2024
Saudi Arabia Elevator & Escalator Market By Type (Elevator, Escalator and Moving Walkways), By Service (Maintenance & Repair, New Installation and Modernization), By Elevator Technology (Traction, Hydraulic and Machine Room-Less Traction), By End-User (Residential, Commercial, Institutional, Infrastructural and Others), By Elevator Door Type (Automatic and Manual), Competition, Forecast & Opportunities, 2024
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Friday, 21 February 2020
Automotive Industry to Lead Sri Lanka Fuel Catalyst Market During Forecast Period
Growing demand from various
end user industries such as automotive, power, among others to drive the growth
of Sri Lanka fuel catalyst market
According
to TechSci Research report, “Sri Lanka Fuel Catalyst Market By Fuel Type, By
Application, By Region, Competition, Forecast & Opportunities, 2025” the Sri Lanka fuel catalyst market is expected to grow at a
steady rate during the forecast period owing to the increased demand for diesel powered vehicles. However,
presence of lesser number of companies manufacturing fuel catalysts can hamper
the growth of market during forecast period.
Browse market data Tables and Figures spread through
Pages and an in-depth TOC on
" Sri
Lanka Fuel Catalyst Market"
The Sri Lanka fuel catalyst market is segmented based on fuel type, application, company and
regional distribution. Based on fuel type, the market can be categorized into diesel,
petrol and fuel oil. The diesel fuel catalyst type is expected to dominate the
market during the next five years since it increases fuel efficiency and reduces
emissions to a greater degree. Based on application, the market can be
fragmented into heating & industrial processing, marine, construction,
power generation, automotive and others. The automotive industry is expected to
dominate the market owing to the extensive use of fuel catalysts in off road
engines, on road engines, among others.
Advanced Power System
International Incorporation (Fitch Fuel Catalyst), EnviroACES Inc, Rentar
Environmental Solutions, Inc., Rennsli Corporation, Carbonflo Ltd, FUEL CAT and
others are some of the leading players operating in Sri Lanka
fuel catalyst market.
Customers can also
request for 10% free customization on this report.
“Sri
Lanka fuel catalyst market is projected to witness significant growth during
the forecast years owing to the increasing number of vehicles in the country.
Additionally, growing need to improve fuel efficiency and decrease vehicular emissions
on account of the growing environmental concerns is further expected to fuel
the market through 2025.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Sri Lanka Fuel Catalyst Market By Fuel Type, By
Application, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Sri
Lanka fuel catalyst market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in Sri Lanka fuel
catalyst market.
Global
Precious Metal Catalysts Market, By Type (Platinum, Palladium, Rhodium,
Iridium, Ruthenium), By End Use Industry (Automobile, Pharmaceutical,
Refinery), By Region, Competition Forecast & Opportunities, 2013-2023
Global
Phase Transfer Catalyst Market By Type (Phosphonium Salts, Ammonium Salts &
Others), By End-User (Agrochemicals, Pharmaceuticals & Others), By Region,
Competition, Forecast & Opportunities, 2024
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Wednesday, 19 February 2020
Monday, 17 February 2020
Friday, 14 February 2020
Asia Pacific to Dominate Global Sebacic Acid Market During Forecast Period
Growing demand for sebacic
acid from cosmetics and automotive industry to drive the growth of global
sebacic acid market during the forecast period
According to
TechSci Research report, “Global Sebacic
Acid Market By Source, By Application, By Region, Competition, Forecast
& Opportunities, 2025”, the global sebacic acid market is expected to grow
steadily over the forecast period on account of surging demand for
biodegradable polymers because of their eco-friendly nature, favorable
government regulations across the globe and rising demand from automotive
sector. Moreover, sebacic acid finds its applications in number of fields, for
instance, it can be used to produce engineering plastics, softeners and
additives, solvents, antifreeze plasticizers, among others, which is anticipated
to positively influence the growth of global sebacic acid market through 2025.
Browse XX market data Tables and XX Figures spread
through XXX Pages and an in-depth TOC on
" Global Sebacic Acid Market "
Global sebacic
acid market can be segmented based on source, application and region.
Considering the source, the market is bifurcated into castor oil and adipic
acid. The castor oil segment is estimated to contribute major revenue share to
global sebacic acid market and record high growth during the next 5 years which
can be attributed to its wide industrial application where it is used for manufacturing
soap, cosmetics, paints, varnishes, lubricants adhesives, etc. Additionally, it
is used to produce castor oil derivatives, which are used for industrial
applications.
Acme-Hardesty,
Ecogreen Oleochemicals, Henan Eastar Chemicals, Hangzhou Oleochemicals, IOI
Oleochemicals, KLK OLEO, Majorhub Oleochemicals, P&G, Temix Oleo, Univar among
others are the leading players operating in global sebacic acid market.
Customers can
also request for 10% free customization on this report.
“Asia-Pacific
dominated the global sebacic acid market until 2019 and is forecast to maintain
its dominance during the next 5 years as well on the account of rapid
industrialization and urbanization, burgeoning population, coupled with strong
economic growth. Moreover, increasing investments by public and private sectors
for the development of industrial infrastructure for manufacturing of chemicals
in emerging countries, such as China and India are boosting market’s regional
growth. Furthermore, high growth of polymer manufacturing in China and Japan is
projected to further spur the growth of global sebacic acid market through 2025.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Global Sebacic Acid Market By Source, By Application,
By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global sebacic
acid market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global Sebacic acid market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
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