Workshop on “Resins: Challenges & Opportunities”

The first Region level workshop on “Resins: Challenges & Opportunities” focused on ‘Innovative, Green Initiatives & Sustainable growth’ started off on 2nd July at Federation House, Hyderabad. The Conference was inaugurated by Dr. Ramajuj Narayan, Scientist (Organic Coatings & Polymers), Indian Institute of Chemical Technology (IICT) and Mr. V S Raju, President, FAPCCI with other delegates including Mr. B. Chandrachud, President, IRMA, Mr. Ashok Goklani, Vice President, Mr. Bhupendra Sankariya, Secretary from national committee and Mr. Nilesh K. Jain, Chairman, Southern Region of IRMA and manufacturers & members of Indian Resins Manufacturers Association (IRMA).

Dr. Ramanuj Narayan said his keynote address is that the today resin manufacturers require innovative and green initiatives for sustainable development. Identity, Institute interactive strengthening will provide the small and medium scale industries to bridge the relevant technical gap and will be helpful is developing the world class resins. To reach to global R&D and testing of the product is very important and it is the theme on which IRMA is organizing a technical seminar today. Another important aspect of resin development is the use of natural and renewable resin us will newer chemistry and methodology for greener and sustainable future. The public awareness on resin, recycling of polymers, waste utilization, energy minimization is the manufacture which will be taken up by IRMA in near future. All the other issues related to resin industry are addressed by IRMA on common platform provided for members.

Mr. V.S. Raju said that the Resins usually originate from viscous substances of plant and it is one of the commonly found in clear to translucent yellow or brown colors and solid or semisolid substance. Resins are widely used in inks, lacquers, adhesives, varnishes, pharmaceuticals and synthetic plastics.

India’s exports have registered a growth of 56.9% during May 2011, at US $ 25.9 billion. During the period April-May 2011, exports have reached a level of US $ 49.8 billion at a growth of 45.3% while the imports were US $ 73.7 billion with a growth of 33.3% and a trade deficit of US $ 23.9 billion, during the same period. India’s imports in May 2011 were US $ 40.9 billion. Balance of trade for the month of May 2011 stood at – 15 billion US dollar.

New Committee for Southern Region of IRMA was elected

New Committee for Indian Resins Manufacturers Association (Southern Region) was elected today at the region managing committee meeting at Federation House.

Mr. Nilesh Kumar Jain unanimously elected as Chairman, Mr Piyush Kumar Maheshwari was Vice Chairmen. Mr. Satish Kumar elected as Secretary, Mr. V. Chandra Shekhar as Joint Secretary, Mr. Suresh Agarwal as Treasurer and Mr. Rajesh Agarwal elected as Chairmen-Fund Raising, Mr. Kewal Chand jain as Membership Drive, Mr. C. Ramachandran as Chirman – Technical Programs and Mr. Rajiv Panday as Managing Member.