Indian Chemical News (ICN), the most credible online media platform for the Chemicals, Petrochemicals, and Energy sector, is organizing an E-conference on “Unleashing the Power of Co-Innovation in the Chemicals Industry” on November 8, 2024 from 3:00 PM - 4:30 PM.

Please register for the E-conference by clicking on the link (https://www.indianchemicalnews.com/webinar/unleashing-the-power-of-co-innovation-in-the-chemicals-industry-64) 

Speakers are: Dr. B. Venkataraman, President, Head-Global Sales and Marketing, Aditya Birla Chemicals; Rajesh Kamat, VP and Head, Sales & Marketing, Tata Chemicals; Tapan Kumar Dhar, Senior VP & Group Head - R&D, Berger Paints India; V. P. Joshi, Head - R&D, India Glycols; Sanjeev Gupta, Director - R&D, Shalimar Paints; Bhaskar Sinha, Director - Innovation Lab, Schneider Electric and Prashant Chandanapurkar, Sr. General Manager - Innovation Lab, Schneider Electric. The session will be moderated by Pravin Prashant, Executive Editor, Indian Chemical News.

The industry faces complex challenges such as cost pressures, sustainability, regulatory compliance, and the need for advanced materials. There is a greater need in industry to work together with the ecosystem to drive transformation for sustainable growth. The webinar will examine how collaborative innovation acts as a catalyst not only for technological progression and operational excellence but also as a fundamental enabler of environmental responsibility, resource optimization, and the advancement of circular economy principles.

One factor driving the urgency for co-innovation is the need to solve specific customer challenges quickly. Consumers expect fast and constant product innovation. This forces a lot of companies to find innovative and agile ways to rise to the occasion. “Open for business” depends on a company’s willingness to be “open to co-innovation.” No single company alone can possibly innovate fast enough to keep up.

The webinar will discuss how collaborative innovation can propel operational efficiency, sustainability, and digitalization. The webinar offers a unique opportunity to explore the potential of co-innovation in reshaping the future of the chemicals sector for the cross-section of the chemical industry.

Key discussion points to be covered during the E-conference are: Challenges in achieving collaborative innovation; Collaborative innovation propeling operational efficiency, sustainability, and digitalization; Better insights can help better decision making; AI based solutions for increasing yield; and Strategies for building successful co-innovation partnerships. 

Currently, the industry is facing challenges with lack of digitization and availability of information. The webinar will provide insights to operators and management to help them drive decisions for better operations and driving business decisions.

Paints industry is struggling today as a lot of production capacity gets locked due to long waiting time in matching the colour as per requirements. The novel solution co-innovated by Schneider Electric helps to unlock the plant capacity by driving faster turnaround of the colour matching process.

Batch chemical processes are often challenging as it has multiple products and recipes which are driven based on time. Raw material cost and yield is key for many processes but balancing both while ensuring quality and meeting the quantity makes it difficult. The session will demonstrate how the latest AI based solutions can help you in yield optimization in the plant.

One factor driving urgency for co-innovation is the need to solve specific customer challenges quickly. Consumers expect fast and constant product innovation. This forces a lot of companies to find innovative and agile ways to rise to the occasion. “Open for business” depends on a company’s willingness to be “open to co-innovation.” No single company alone can possibly innovate fast enough to keep up.