Indian Chemical News is organising a panel discussion on “Chemical Waste Management, Recycling and Circular Economy” during ‘NextGen Chemicals & Petrochemicals Summit 2024’ on July 12, 2024.

The 4th Edition of NextGen Chemicals & Petrochemicals Summit 2024 will be held on July 11-12, 2024 at the Novotel Mumbai International Airport, Mumbai. The theme of this year’s Summit-cum-Conference is "Transforming India into a Global Manufacturing Hub.”

Please register for the Summit by clicking on the link (https://www.indianchemicalnews.com/nextgen-chemical-and-petrochemical-summit-2024/register.php). 

Points to be covered during the session are: Waste Minimization; Recycling; Resource Recovery; Extended Producer Responsibility, Regulatory Compliance; and Research and Innovation.

Speakers for NextGen leaders session during the 4th Edition of NextGen Chemicals & Petrochemicals Summit organised by Indian Chemical News, India's No. 1 news portal on Chemical, Petrochemical and Energy are: Dr. Mritunjay Chaubey, Global Vice President – Environment & Sustainability, UPL Ltd.; Jayesh K. Rambhia, Managing Director, Premsons Plastics; Tushar K. Bandopadhyay, Technical Director, Indian Centre for Plastics in the Environment; and Sachin D. Watarkar, VP - Business Operations, Re Sustainability Ltd.; and Swapan Ray, Secretary General, Indian Centre for Plastics in the Environment. The moderator of the session is Swapan Ray, Secretary General, Indian Centre for Plastics in the Environment.

The Indian chemicals and petrochemicals industry has been undergoing metamorphosis. The transformation, supported by policy reforms, are accelerating the growth. However, the moot question arising out of this is how to achieve this growth in a sustainable and responsible manner.

Globally, chemical and petrochemical giants are taking strategic decisions by trimming/hiving off their portfolios to achieve the sustainability goals. Indian chemical companies do not have the liberty to take this route. Hence, these companies need to devise suitable strategies such as chemical waste management, recycling, and the circular economy to meet their sustainability target.

Several multinational chemical companies have launched transformational initiatives centered upon sustainability. Companies should adopt techniques like process optimization and cleaner production to minimize waste generation in the first place. They are establishing recycling facilities or partnering with specialized waste management companies that can help chemical companies convert waste into valuable resources.

Instead of considering waste as a burden, companies can explore opportunities for resource recovery. Also, implementing Extended Producer Responsibility (EPR) initiatives can hold chemical companies responsible for managing the waste generated from their products throughout their lifecycle.

Investing in research and innovation can help Indian chemical companies develop environmentally-friendly products, processes, and technologies. This includes developing bio-based alternatives, eco-friendly chemicals, and innovative recycling techniques that promote the circular economy.

By adopting these strategies, Indian chemical companies can reduce the environmental impact of their operations, conserve resources, promote sustainable practices, and contribute to the transformation of the industry towards a circular economy.

The Summit is supported by DCM Shriram Chemicals as principal partner, Somaiya Vidyavihar University as academia partner, Cadmatic as platinum partner and Andhra Pradesh Economic Development Board (APEDB), Govt. of Andhra Pradesh as state partner. 

Gold partners for NextGen Chemicals & Petrochemicals are: Epsilon Carbon, Forbes Marshall, Gharda Chemicals, Indofil Industries, Ingenero, IPCO, Jaaji Technologies, Moglix, PIP, Port of Antwerp - Bruges, RIECO and Re Sustainability. Associate Partners are: HPCL and Nuberg EPC. Supporting partners are: Aarayaa Advisory Services, Archroma, India Glycols and Tata Steel Special Economic Zone and industry association partners are: ACFI, AMAI, CropLife India, Gujarat Chemical Association and PMFAI.