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Indian Chem 2000
October 6-8,2000
Global Trends and Emerging Scenario:
Emerging Global Scenario in Specialty & Fine Chemicals
Industry Implications & Opportunities for Indian
Manufacturers
Hari S. Bhartia
Co-Chairman & Managing Director
Vam Organic Chemicals Ltd
Agenda
- Overview of Specialty & Fine Chemicals
- Indian Position and Key Trends
- Opportunities & Implications for Indian Manufacturers
- Key success factors and the potential business case
for Indian industry
What are Specialty & Fine
Chemicals?
There are no clear definitions:
- Specialty Chemicals involve value materials and
multi-step processes - generating a larger ratio of
waste products to the final product
- Cover a wide range of products from catalysts to
aroma chemicals
- Involve a high degree of application and process
development
- Are often knowledge driven with patent protection
- Development of specialty chemicals involve multi-disciplinary
skills and a higher risk factor.
We Define Specialty & Fine
Chemicals as :
- High Margin - Low Volume Products
- Products developed for very specific applications
- Customized -leading to differentiation between suppliers
on basis of performance (as against purity etc. for
commodity chemicals).
Custom Chemical Production is now
globally estimated to be USD 20 billion
Pharma/Agro Intermediates, Fragrances, Flavours, Additives,
Processing chemicals, catalysts.
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