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"Learning Gives Creativity; Creativity Leads To Thinking; Thinking Provides Knowledge; Knowledge Makes You Great"...DR.A.P.J Abdul Kalam
Serving the Industry with Integrity
ISSUE XI
VOLUME 11
20.06.2015
Mr. Ashish Gandhi, Asst. Manager (HR)-Editor for the month
Digital Technologies in Chemical Industry-A Glimpse

An economy empowered by digital technology represents a huge opportunity for each and every type of business growth as Innovation is rocketing ahead and our ability to make best use of new technology must keep pace.

The recent Digital Technology innovations which include advanced supercomputing and processing technologies, advanced analytics, data visualization artificial intelligence etc. are providing a profound impact in the potential growth opportunities on the Chemical Sector.

These technologies have already started to transform the industry in different ways. For instance, imagine a database complete with the vast array of known materials, their properties, and functional uses could equip researchers to quickly and affordably identify materials or material combinations for specific functional needs. These digital technology advances should also potentially help to bring about a reversal of the materials discovery pace with significant reduction in processing cost.

Digital technology can potentially serve for better systems and solutions to build an impressive business objective by clear communication and collaboration within the supply chains. This objective can reflect a new approach that could differentiate an Organization to enable them to stand out as a market leader.

The biggest benefits from Digital will include improved productivity, redefined product development and impact on customer relationships. The various advancement for providing potential opportunities in Chemical industry can bring positive environmental and societal change. Moreover, by embracing these advancements chemical companies can achieve better growth and collaboration in the coming years.

Market Updates - Chemicals
  • In Chlor Alkali Market, Soda Ash is predicted to exhibit a CAGR of around 7% during the period 2014 to 2019. It is also suggested that there will be high penetration rate in Western and Northern Regions of the Country with the expansion in Distribution Network of existing players.
  • Sekisui Chemical, the Japanese manufacturer of high-performance plastics used in housing & infrastructure sectors, is eyeing India's growing construction industry for its chlorinated polyvinyl chloride (CPVC) compound business.
  • Citric Acid, Acetic Acid and Formic Acid prices are stable
  • Surfactant prices are on downward trend due to decrease in Crude Oil price.
  • The demand is low in Textile as well as Food Industry.
  • The demand of construction Chemicals hinges on the real estate and infrastructure sector to a great extent. Construction Chemicals' manufacturers are also investing in R & D to come up with innovative products that make construction of modern structures possible.
Upcoming Exhibition
4th Food Trade Expo 2015 - From 4th to 6th August 2015 at Gujarat University Convention and Exhibition Centre, Ahmedabad.
Market Updates - Animal Feed
  • China's commodities markets are rattled by the country's current stock market bust, with everything including eggs and soy meal plummeting to a three-month low in shares this week, Bloomberg reported. Global Textile Chemicals market predicted to grow at over 3% through 2020.
  • India's aquaculture feed demand is expected to reach seven million tonnes by 2017-18, according to a report released by Yes Bank at the Global grain & Global Feed event held in Pune recently.
  • About 12,000 tonnes of rapeseed meal had been acquired by the Korea Feed Association (KFA); the volume will be supplied from India, the Economic Times reported.
  • Indian state eyes Poultry Feed Plant to boost self-sufficiency. The state of Jammu and Kashmir which imports US$16 million worth of Poultry Products annually from other States, is urged by the State Minister to "Redouble their Efforts" to achieve self-sufficiency..
Upcoming Exhibition
International Animal Industry Expo 2015 - From 11th to 13th August, 2015 at New Delhi.
Head Office
Prakash Chemicals Agencies Pvt. Ltd.
Prakash House --39/40 Krishna Industrial Estate, Opp. BIDC Gorwa, Gorwa Road,
Vadodara - 390 016, Gujarat, India
Ph: +91-265-3926000 Fax: -91-265-3926122
Branch Offices
MUMBAI
:Mr. Chetan Solanki - (M) +91 9998034403, E-mail: chetan@prakashchemicals.com
AHMEDABAD
:Mr. Dhaval Desai - (M) +91 9825013436, E-mail: dhavaldesai@prakashchemicals.com
SURAT
:Mr.Manoj Patil - (M) +91 8511126719, E-mail: manoj@prakashchemicals.com