Japan to exhibit chemical expertise at IndiaChem 2014

The eighth edition IndiaChem 2014, jointly organised by FICCI and the Department of Chemical and Petrochemicals, Government of India, will witness the presence of some of the leading Japanese companies under the Japan Zone. The result of a collaborative effort of Japan External Trade Organization (JETRO), this zone will present some of the unique and technologically innovative inventions in the domain of chemical industry.
 
To be held from October 9-11, 2014 at Bombay Exhibition Centre, Mumbai, IndiaChem 2014 is the exhibition on chemicals, petrochemicals, pharmaceuticals & technologies, process plant machinery, control & automation systems.
 
Visitors can expect to have a business matching sessions with the companies which have numerous variety of high-end technology products and services (such as films, ion exchange membranes, steel pipes, plant engineering, specialty chemicals, investment casting wax, surface treatment chemicals, automatic TOC analysers, powder metal products, high performance plastics, purified terephthalic acid, synthetic paper, dehydrating ethanol).
 
“The Indian chemical industry is the second largest in the country but Japanese presence in India is not commensurate to the size of the industry. We want to use this opportunity to enter into India and invest and explore the Indian market,” said Takehiko Furukawa, Director General, JETRO Mumbai.
 
Some of the leading Japanese companies that will be present at IndiaChem 2014 include Fujifilm India, Asahi Kasei Chemicals Corporation, Osaka Steel Tube, Toyo Engineering India, TCI Chemicals India, Mitsubishi Chemical India, PCS Japan, MELTEX, Toray Engineering, IHI Corporation, MCC PTA India Corp, Yupo Corporation, Hitachi Chemical and Mitsubishi Chemical Engineering Corporation. Of these, six companies, ie Osaka Steel Tube, PCS Japan, MELTEX, Toray Engineering, Yupo Corporation and Mitsubishi Chemical Engineering Corporation are participating in the exhibition from Japan to understand the Indian market potential and expand their market.
 
IndiaChem 2014 offers a unique platform for networking, exchange of ideas, and exploration of possibilities for trade enhancement. This also provides an excellent opportunity for the Indian players to show case their capabilities and strengths to the global chemical industry. The focus of this year’s event will be on growth with emphasis on sustainability and green chemistry. The need of the present economic scenario is to focus on full utilisation of the available opportunities, build sustainable chemical industry, invest in technologies that protect environment, and promote the Responsible Care initiative, which is a model for Green Chemistry and an environmentally friendly step.
 
India is the sixth largest chemicals manufactures in the world and the third largest in Asia with the size worth $108.4 billion which accounts for about 3% of the global chemical industry. With current initiatives of the industry and the government, the Indian chemical industry is expected to grow at 11 % per annum to reach the size of $ 224 billion by 2017.