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India records world's highest growth rate in chemical sector
Our Bureau, New Delhi | Thursday, September 19, 2002, 08:00 Hrs  [IST]

The rate of growth of the Indian chemical industry over the last 5 years has been double that of the Asian growth rate in chemicals sector and over 5 times the world growth rate. The Indian Chemical Industry, which is approximately Rs 1200 billion (US$ 28 billion) in size, currently accounts for 1.5 per cent of the global chemicals market. The country''s trade in chemicals is 1.3 per cent of the total chemicals trade worldwide. And this fast growing sector has been ranked 12th in world terms of volume.

In India, the chemical industry has a weightage of 12.5 per cent in the Index of Industrial Production (IIP Base : 1980-81 = 100) and 16.2 per cent share of manufacturing segment in Index of Industrial Production which is an indication of the big role that it plays for the manufacturing sector in India as a whole.

Currently, the size of the global chemical market, which is to the astronomical tune of US$ 1.5 trillion with tradevolume of US$ 400 billion, has been growing consistently over the last two decades at a rate of 1.5 times the world GDP growth. Chemicals industry worldwide has a big presence covering a wide range of products cutting across almost every sphere of life. After a prolonged slump of more than two years, a steady growth in the consumption and production of chemicals is expected.

Chemical Industry - Asia Pacific
The chemical industry in the Asia Pacific region has grown faster than the global chemical industry and adds US$ 30 billion worth of output every year. 45% of the total chemical products produced in the region are bulk organic chemicals which also forms a major component in the export basket from the region. This region is fast emerging as a key player in global chemicals business and commands 30 per cent share of global chemical market. In the Asia Pacific region China & India are the largest markets.

Strengths of Indian chemical industry
India has the following advantages with regard to the chemical industry.
- Highly skilled scientific manpower pool
- Proven capability for chemical process development
- Agro feedstock base unrivaled by other nations except China and USA
- Large market - a substantial part of which is untapped.

It contributes 13% of total exports of the country and its exports were US$ 3 billion in 1998-99 (around 10% of the total Indian exports).Its contribution to total national revenue is 20% by way of customs and excise duties.

As a result of the global slump in the chemicals market during the last 3 years, Indian chemical Industry growth rate has been declining but maintaining a positive rate of growth nevertheless:

Year Growth (%)
1995-9611.0%
1996-971.9%
1997-987.5%
1998-993.5%

Excluding fertilisers, petrochemicals, synthetic fibres and pharmaceuticals India has the following segments in the chemical industry.
- Inorganic Chemicals
- Organic Chemicals
- Dye stuff & Paints
- Agrochemicals
- Specialty Chemicals

Concentration of Chemical Plants
- Jamnagar-Vadodara-Gandhar -Surat Belt (Gujarat)
- Mumbai-Raigad-Patal-ganga-Nagothane Belt (Maharashtra)
- Chennai belt (Tamil Nadu)
- Hyderbad Belt (mainly Pharmaceuticals) (AP)
- Cochin belt (Kerala)
- Calcutta - Haldia belt (West Bengal)
- Udaipur & Kota belt (Rajasthan)
- VALUE OF CHEMICALS EXPORTS (1997-98) : US$ 2.68 BILLION

The exports from the chemical industry in India mainly consists of organic chemicals (Formaldehyde, Ethylene Glycol, Acetic Acid, Phthalic Anhydride, etc); inorganic chemicals (Caustic Soda, Soda Ash, Sulphuric Acid, etc); synthetic fibres (PFY, NFY, etc); dye stuff and paints, agrochemicals (pesticides, fungicides, etc) and fertilizers.

The export destinations are USA, France, UK, Italy, China, Russia, Ukraine, etc.
- VALUE OF IMPORTED MACHINERY FOR CHEMICALS : US$ 760 MILLION
- VALUE OF IMPORTED CHEMICALS (1997-98): US$ 3.93 BILLION OF WHICH

Inorganic Chemicals (Halogens, earth metals, Ammonia, etc) : US$ 1.08 billion
Organic Chemicals (Phenols, ethers, saturated acyclic acids, etc) : US$ 1.77 billion
Tanning / Dyeing Extracts (Printing Inks, Prepared pigments, etc) : US$ 160 million
Essential Oil & Resinoids (Mixtures of odiferous substances, etc) : US$ 24 million
Soaps, Active Agents, etc (Artificial waxes, Lubricating materials) : US$ 68.2 million

The main origins of imports are USA, UK, Saudi Arabia, Malaysia, Spain, Italy, Denmark, etc.

Import Tariff Structure
WTO Bound Rate for Chemicals for the year 2000 : 40%
Peak Import Duty Rate in Chemicals in India for the year 1999-2000: 35%
Import Duty for Machineries for Chemicals Industry : 25%
[The peak rate for chemicals has been reduced from 125% in 1990-91 to 35% in 1998-99 following India''s commitment to WTO]

Foreign Direct Investment (August, 1991 - June, 1998) : Rs 12329.4 crores or US$ 2.93 billion (7.32% of total FDI in India)

Indian Chemical Industry - Future Trends

FUTURE OUTLOOK

Today the Indian chemical industry is at the crossroads. The existing technology needs to be upgraded with the help of foreign partners. The per capita consumption of chemicals in the country is way below the global average which is an indication of the huge market potential. In the next millennium, Indian chemical industry needs to engage in strategic partnerships - both domestically and with foreign partners - to realise its latent potential.

PROSPECTIVE AREAS FOR FOREIGN COLLABORATION

- Technology Tie-ups with special emphasis on Clean Technology

- Process Consultancy

- Feedstock Linkages

- Specialty Chemicals

- R&D

- Waste Management

- Marketing

- Safety

- Environment Protection

Demographic shifts will increase demand for better and newer products which can cater to every segment of the society. Market will segment into:

- Products for economically well off

- Products for basic needs

THRUST AREA - SPECIALTY CHEMICAL INDUSTRY

Specialty Chemicals involve high value materials and multi-step processes - generating a larger ratio of waste products to the final product.

It covers a wide range of products from catalysts to aroma chemicals and Involve a high degree of application development and chemical process developments sector is knowledge based and knowledge driven with extensive patent protection.

Development of specialty chemicals involve multidisciplinary skills and a high risk factor because unlike commodity chemicals, these are not mass products.

SPECIALTY CHEMICALS - WORLD & INDIAN SCENARIO

Indian Market for specialty chemicals is estimated at $1.2 billion (2-3% of specialties produced worldwide). Globally, US$ 50 billion worth of specialty chemicals is traded annually which is more than 4% of the total chemicals market.90% of Specialties are produced in US, Europe & Japan.

END USER MARKET SEGMENTS DISTRIBUTION FOR SPECIALTY CHEMICALS

-30% Drugs

-30% Agrochemicals

-20% Flavours, Aroma & Food Additives

-20% Others

INCREASING USER BASE OF ALCO-CHEMICAL INDUSTRY

The market size for alcohol based chemical industry is around Rs. 5000 crores (US$ 1.2 billion). Annually it contributes Rs. 500 crores to exchequer and has generated employment direct & indirect employment for around one million people.

INVESTMENT

Following impetus provided by the Central Government, a sizeable investment of Rs. 5000 crore or US$ 1.2 billion has been made in the Alco-Chemical Industry.

MAJOR PRODUCT CATEGORIES

Few of the major bulk/specialty chemicals being manufactured in the country exclusively from the industrial alcohol route are -

- Acetic acid 2,90,000 tpa

- Acetic anhydride 78,000 tpa

- Vinyl Acetate Monomer 52,000 tpa

- Pyridines, Picolines & other derivatives 15,000 tpa

- Ethyl acetate 65,000 tpa

- Mono Ethylene Glycol 25,000 tpa

- Amines, Ethoxylates & others 50,000 tpa

ORGANIC CHEMICALS

Organic Chemicals are mostly produced in the western part of India (Maharashtra & Gujarat). India produces a wide range of organic chemicals with a market size of Rs. 150 billion (US$ 3.58 billion). In the period 1990-98 the demand for organic chemicals in India has grown at the rate of 10% on an average and is expected to continue the trend.

Changing Face of the Indian Chemical Industry

The chemical industry has taken conscious initiatives to achieve global standards by improve productivity through the following measures:

- Better raw material utilisation

- By product reduction and use

- Energy reduction & conservation

- Water management

- Upgradation of plant & equipment

- Continuous development of human resource

The Indian chemical sector is in the process of upgrading the existing technology and switching over to technology which is

- Cleaner (No End-Of-Pipe Treatment)

- Inherently safe

- Low energy intensive technology

- Better raw material productivity

- Better energy - integrated

- Better reactor - separator combinations.

Visitor Profile

1. CEOs

2. CIOs

3. CFOs

4. Business Development Professionals

5. Marketing Professionals.

6. Directors of Corporate Strategy

7. Knowledge Officers.

8. Procurement Executives.

9. Other senior managers in Chemical, Petrochemical & Pharmaceutical Industry

10. Chemical Traders

11. Consultants,

12. Financial Institutions

13. R&D Institutions.

14. Chemical Industry Professionals.

MAJOR FUNCTIONS AT "INDIA CHEM 2002"

Date

Time

Program

Venue

16/09/02

Monday

1200

Pre event Press Conference

(followed by Lunch)

FICCI

17/09/02

Tuesday

1800-1900

Inauguration by Dy. Prime Minister

Vigyan Bhawan

1945

Inauguration of German Pavilion

Pragati Maidan

2000

Inauguration of Maharashtra Pavilion

Pragati Maidan

2030

Gala Dinner (Vatika Complex)

Pragati Maidan

18/09/02

Wednesday

0915 - 1015

Inauguration of Latin American Health Summit

(by MOS, Commerce)

Pragati Maidan

(Hall No.13)

1030 - 1130

Inauguration of Conference by Vice President of India

Vigyan Bhawan

12.30 PM

Lunch hosted by Bayer (by invitation)

Hotel Oberoi

01.00 PM

Lunch hosted by FICCI President for Conference Delegates

Vigyan Bhawan

Reception by German Ambassador ( by invitation)

German Embassy*

19/09/02

Thursday

Dinner by Partner State* (Maharashtra)

20/09/02

Friday

2000

Dinner by Minister (Chemicals & Fertilisers) ( by invitation)

Hotel Ashok

21/09/02

Saturday

1430-1530

Valedictory of the Conference

FICCI

* Not yet confirmed

INAUGURATION OF CONFERENCE AT INDIA CHEM 2002

10.30 A.M., 18TH SEPTEMBER 2002

VIGYAN BHAWAN, NEW DELHI

MINUTE-TO-MINUTE PROGRAM

1030

Arrival of Vice President on the dais

1030-1033

Presentation of Bouquet to the guests

1033-1037

Invocation- Ganesh Vandana

1037-1040

Welcome Address: Shri Vinay Kohli, Secretary, Deptt of Chemicals & Petrochemicals

1040-1052

Keynote Address by Dr H Noerenberg, Chairman, Bayer Polymers

1052-1104

Vision Statement by Shri Mukesh Ambani, CMD, Reliance Ind. Ltd.

1104-1108

Address of MOS (C&F)

1108-1113

Address of Minister (C&F)

1113-1127

Inaugural Address by Vice President of India

1127-1130

Vote of Thanks : President, FICCI

1130

Departure of Vice President

Proposed Minute-to-Minute Programme of the Inaugural Function

On September 17, 2002

Venue : Vigyan Bhawan, New Delhi

Time : 6.00 P.M. - 7.00 P.M.

Arrival of Chief Guest

18.00 hrs

Bouquets

18.00 - 18.03 hrs

Invocation - Ganesh Vandana

18.03 - 18.07 hrs

Welcome by President, FICCI

18.07 - 18.12 hrs

Presentation of Momentos

18.12 - 18.15 hrs

Address of Shri Tapan Sikdar, Minister of State of Chemicals & Fertilizers

18.15 - 18.20 hrs

Address Hon''ble Chief Minister of Maharashtra-Partner State

18.20 - 18.25 hrs

Address by His Excellency the German Ambassador

18.25 - 18.30 hrs

Address by Hon''ble Minister of Chemicals & Fertilizers

18.30 - 18.35 hrs

"INDIA-CHEM 2002" - Exhibitors

Foreign Participants

S. No.

Organisation

Chevron Phillips Chemical Company

E I Dupont India Ltd

Hunter Associates Laboratory

Innocentive Inc.

Particle Measuring Systems Inc.

6.- 11.

Pennsylvania Pavilion Dynalene, J & J Agri-Products & Services, Inc., Supercritical Fluid Technology Specialists, Surtrea International, Universal Industrial Gases Inc, Westinghouse Plasma Corporation

Pfizer Ltd

Rockwell Automation

Swagelok Company

Technology Catalysts International

Unocal Bharat Services Pvt. Ltd.

Germany

S. No.

Organisation

Adams Armaturen GmbH

BASF

Bayer

Beumer Maschinenfabrik GmbH & Co. KG

Degussa India Pvt. Ltd.

Eastern Medikit Limited

Gebrueder Loedige Maschinenbau GmbH

Hans Turck GmbH & Co KG

Hitech Zang GmbH

Horizon GmbH

Hosokawa Alpine Aktiengesellschaft & Co. OHG

Hosokawa Micron GmbH

IKA-Werke GmbH & Co. KG.

Impetus Incorporated

Indo - German Chamber of Commerce

Koerting Hannover AG

Krishna Antioxidants Pvt. Ltd.

Kruess GmbH Advancing Surface Science

Linde Process Technologies India Pvt Ltd

Lutz-Pumpen GmbH & Co. KG

M+W Zander (S) Pte Ltd

MAN Turbomachinery Pvt Ltd

Netzsch

Orbit Research Associates Pvt. Ltd.

Pamm Glatt

Rittal India Pvt Ltd

Samson Controls Pvt. Ltd.

Sandvik Process Systems GmbH

SGL Acotec GmbH

Uhde GmbH

VDMA

Waaree Instruments Ltd.

Zeolites & Allied Products

CHINA

S. No.

Organisation

Chengdu Nabta Chemical Industrial Co. Ltd.

China National Bluestar (Group) Corporation

China North Chemical Industries Corp.

Dahuachem International Economic & Trade Corp.

Hebei Chengxin Co. Ltd.

Henan Stone Fine Chemicals Co. Ltd.

Hubei Chuyuan Fine Chemical Industry Group Co. Ltd.

Jiangsu Yabang Group Corporation

Qingdao Jiaonan Bright Moon Seaweed Ind. Co. Ltd.

Shandong Ocean Chemicals Imp & Exp.Co.Ltd

Sinochem Guangdong I.&E. Co.

Zhejiang Changshan Chemical Co. Ltd.

Zhejiang Sanhuan Chemical Co. Ltd.

Zhengzhou Tuoyang Bio-Engineering Co. Ltd.

OTHERS

S. No.

Organisation

AB Sandvik Steel (Sweden)

Cheminova India Ltd. (Denmark)

Chemtex & Corrosion Middle East (UAE)

Dimension Four (Dubai)

Iran Petrochemical Commercial Company (Iran)

6-12

Italy Pavilion Angelini (Aziende Chimiche Riunite Angelini Francesco SPA), Borregaard Italia, Dipharma SPA, Garo Dott. Ing. Roberto Gabbioneta S.P.A, OCME Srl, OMAL SPA, Savino Barbera Snc

MCC PTA India Corp .Private Ltd (Japan)

Melvern (UK)

Sina Chemicals (Iran)

ThermoARL - Hinditron (Switzerland)

INDIAN PARTICIPANTS

S. o.

Organisation

Aarti Industries Ltd.

Aimil Ltd

Akshay Group

Alchem International Ltd.

Alkali Metals Ltd.

Alkem Laboratories Ltd.

Alkyl Amines Chemicals Ltd.

Alpha Drug India Ltd

Andhra Pradesh Industrial Infrastructure Corp. Ltd.

ASMECHEM

Associated Capsules Group

Avon Weighing Systems Pvt Ltd

Bafco Pharmaceuticals (India) Ltd.

Bajaj Chemicals Pvt Ltd

Bharat Petroleum Corpn. Ltd

Bicco Agro Products Pvt. Ltd.

Blockdale Publishing

Blue Cross Laboratories Ltd.

Cadila Healthcare Ltd.

Cadila Pharmaceuticals Ltd.

Canton Laboratories

Chembrouse International Pvt. Ltd

Chemical Business

Chemical Week

Chemical Weekly

CIPET

Council for Scientific & Industrial Research (CSIR)

CPMA

Crescent Organic Pvt. Ltd.

Cytec Industries Inc. - Phosphine Chemicals

Daga Petrochemicals Ltd.

DCM Shriram Consolidated Ltd.

Deepak Fetilizers & Petrochemicals Corporation Ltd.

Deepak Group

Deepak Nitrate Ltd.

Dhanuka Laboratories Pvt. Ltd.

Dhanuka Pesticides Limited

Dipesh Engineering Works

DMAI

Dr Reddy''s Laboratories Limited

Everest Transmission

Excel Industries Ltd.

Export - Import Bank of India

Famy Care

Forum Bioscience ( Dabur)

G C Chemie Pharmie Ltd.

Galaxy Surfactants Ltd

Gas Authority of India Ltd.

GNFC Ltd

Goel Scientific Glass Works Pvt. Ltd.

Gujarat Alkalies & Chemicals Ltd

Gujarat Heavy Chemicals Ltd

Gujarat Industrial Development Corporation

Gujarat Maritime Board

Gujarat State Fertilizers & Chemicals Ltd

Gujarat State Petroleum Corporation Ltd.

Haldia Petrochemicals Ltd.

Harsiddha Engineering Works

Hikal Ltd

Hinditron Services Pvt. Ltd.

Hindustan Dorr-Oliver Ltd

Hindustan Insecticides Ltd

Hindustan Organic Chemicals Ltd.

Hindustan Petroleum Corporation Ltd

Hunter Associates Laboratory (India)

I R Technology Services Pvt Ltd

IKA-Werke GmbH & Co. KG. (India)

IMC Limited

Imkemex India Ltd.

Indian Chem News (ICN)

Indian Chemical Manufacturers Association (ICMA)

Indian Chemical Merchants & Manufacturers Association

Indian Dyestuff and Chemicals Mfg. Co.

Indian Express Newspapers (Bombay) Ltd.

Indian Petrochemicals Corporation Ltd.

Indian Purchase.com Infoware Ltd

Indoco Remedies Limited

IND-Swift Laboratories Ltd

Industrial Extension Bureau (iNDEXTb)

Institute of Pesticides Formulation Technology (I.P.F.T)

IPCA Laboratories Limited

iPharma India Ltd

Italian Trade Commission(ICE)

Jai Research Foundation

Johnson Matthey Chemicals

Jubliant Organosys Ltd

Kamani Oil Industries

Kunstocom (India) Ltd

LakeChemicals Pvt Ltd

Lupin Limited

Maharashtra Industrial Development Corporation

Maharashtra Pollution Control Board

Mather & Platt

Mitsubishi Chemicals

Mojj Engineering Systems Ltd.

Nicholas Piramal India Ltd

Niulab Equiment Co. Pvt Ltd

Northern Minerals Limited

Orbit Technologies pvt Ltd

100.

PI Indutries

101.

Praj Industries Limited

102.

Process Chemicals Co.

103.

Qualikem Fine Chemicals Pvt. Ltd.

104.

Quality Council Of India

105.

Rallis India

106.

Ranbaxy Laboratories Ltd

107.

Rathi Lightnin Mixers Pvt. Ltd.

108.

Reliance Industries Ltd.

109.

Royal Netherlands Embassy

110.

Saket Projects Limited

111.

Samir Tech-Chem Pvt. Ltd.

112.

Sandvik - Asia Ltd.- Pune

113.

Sawant Pumps Pvt. Ltd.

114.

SD Fine Chemicals Ltd.

115.

Search Chem Industries

116.

Shankar Dyes & Chemicals

117.

Shiva Scientific Glass (P) Ltd

118.

SIKA India Pvt Ltd

119.

Sky Lab Environmental Laboratory

120.

Somaiya Organo Chemicals Ltd.

121.

Southern Petrochemical Industries Corp. Ltd.

122.

Sterling Auxiliaries Pvt Ltd

123.

Sun Pharmaceuticals Industries Ltd.

124.

Supreme Petrochem Ltd.

125.

Swan Environmental Pvt Ltd

126.

Tata Energy Research Institute

127.

Tata Infomedia

128.

Technicom - Chemie(India) Ltd.

129.

The Federation of all India Dyes & Chemicals Merchants Association

130.

Thermax Limited

131.

Thomas Baker (Chemicals) Ltd.

132.

Torrent Pharmaceuticals Ltd.

133.

Uhde India Limited

134.

Unichem Laboratories Ltd

135.

Unique Pharmaceutical Laboratories

136.

United Phosphorus Ltd.

137.

UOP India Pvt. Ltd.

138.

USV Ltd.

139.

Vasudha Pharma Chem Ltd

140.

West Bengal Industrial Devp. Corp. (WBIDC)

141.

Wika Instruments India Pvt. Ltd.

142.

Wockhardt Ltd

143.

Yog International Ltd.

144.

Yogeshwar Chemicals Ltd

Courtesy: FICCI

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